How to Pick a Reputable Real Estate Broker
Most people when buying or selling a house, they usually seek the services of a real estate broker. If you do a quick search for real estate brokers, it will give you so many options to choose from. As much as there are many real estate brokers in the market, the reputation of some of them is questionable. It is not an easy task to choose a real estate broker. Here is a guide on how to pick a real estate broker.
It is important to let people close to you know you are looking for a real estate broker, so that they can recommend one to you. If one broker is recommended by several people you can do ahead and use their services.
What kind of reputation does this real estate broker have in the market? You can check for reviews on the broker on their website and social media pages. Sites like better business bureau usually allow clients to post complains about a business on their site, check if there are any that have been filed against the broker. Go for a real estate broker that has the best reviews online.
Are there other clients that the broker has dealt with in the past? Look out for red flags like a broker been reluctant on giving you their reference list. The response you will get once you call the broker’s past clients will help you in knowing if you should settle for the broker or look for another alternative.
Does the real estate broker have any experience? Avoid dealing with a real estate broker that is new in this industry, since they lack experience. An experienced real estate broker will provide you with better services compared to a new broker.
What are the rates of the real estate broker? There are brokers who paid a fixed fee but majority are paid through commission. It is important you check the commission of different brokers, then choose one that is within your price range.
Also, ensure you are dealing with a licensed real estate broker. You can confirm with the regulatory department in your state, if the license the broker is using is legit. Does the broker have membership to any reputable organization in this field?
Does the real estate broker have a physical office?
What kind of relationship do you have with the real estate broker? Go for an broker who is transparent in all the dealings. A good real estate broker will have good listening and communication skills.
There are brokers that work on part-time basis, while others are full time. Go for a broker that works full time, you can easily get hold of them when you need them.