Sunday, May 1, 2016

6 Questions to Ask a Potential Real Estate Professional

pic courtesy of KZukowski etsy

People make home purchases with different professionals based on their personal preference, experience, and type of purchase. Commonly, people prefer the use of a real estate agent, realtor, or real estate attorney. Real estate agents and realtors specialize in facilitating the purchase or sale of real property-land, home, and buildings. The benefit of a realtor is their membership in the National Association of Realtors and code of ethics. Someone could also find it resourceful to work with a broker or real estate attorney. Brokers would have the luxury of a team a professionals readily available to assist you and the RE. Attorney would protect your legal rights during the transaction.

Choosing the right person(s) to guide you through the process can make things smooth and tolerable. The choice to find your professional should be made after you secure financial resources and identify where you want to live. Once, you know how much you can afford, the representative can show you the best options available in your price range. You can find these professionals via personal references, public webpages like yelp, local offices, and advertisements. When you find a potential contender, start with these 6 key questions to help you determine if this is a match for you.

pic courtesy of muhc.ca

1. What is their availability like and how will you best be able to contact them?

2. What services require a fee and how much are the fee(s)?

3. Do they work with buyers in your price range?

4. What if you are unhappy about the services rendered?

5. What type of properties do they specialize in and how many years of experience & knowledge do they possess in the field?

6. Do they hold any other types of expertise that can benefit your purchase, i.e. foreclosures, first time home buyers, short sales, rent to own?