| Why
Search for a Realtor, Anyway?
page four
How to Conduct
the Search for a Good Realtor
One way to find candidates to
interview is to talk to professionals from real estate related
professions and ask their opinion. If you know someone who is employed
as an escrow officer, title representative, homeowners insurance
salesman, or loan officer, they will be able to recommend Realtors
from the area they work in.
If you talk to a loan officer,
be sure it is someone who deals primarily with purchase money first
trust deeds and mortgages instead of refinances, second trust deeds,
or finance companies. Since the latter do not deal with Realtors on a
regular basis, they will not know who to recommend.
You could just make phone calls
to real estate offices and ask questions. Ask the manager to recommend
someone or ask a Realtor who he/she would recommend from another
office. This will be a little tricky because the Realtor you ask will
be "giving away" a commission, but you will find out who they respect
as a competitor.
A new alternative to finding a
Realtor is the internet. Look for Realtors who advertise themselves,
not property. That way you have a pretty good idea you are getting a
"buyer’s" agent instead of a listing agent. Look to see if their web
page offers something to you in the way of information or other
services instead of just telling you they are "number one." You want
someone of value to represent you, not someone who is full of "puff."
Interviewing a Good Realtor
When you interview Realtors for
the job, you want someone who will be concerned about you and will
take care of your interests. You want someone who demonstrates ready
knowledge of homes available for sale and does not have to call you
back after they "check on the computer." This ready knowledge
demonstrates they have actually been out previewing homes and don’t
just sit around waiting for the phone to ring.
You also want someone sharp
enough to ask you questions as well, including your financial and debt
information. By asking these questions, a good Realtor will be able to
determine the proper price range you should be looking in. By asking
about your family, an agent will be able to tell if what you need in a
home is something available in your price range. You want a Realtor
who is bold enough to talk straight with you instead of always telling
you what you want to hear.
When a Realtor Asks to
Meet With You
Finally, any decent
agent will always ask for an appointment to meet with you, too. It is
only natural, since they earn their living by commissions. However,
Realtors are also supposed to act as your agent, looking out for your
interests before their own. You want a Realtor who takes that
responsibility very seriously. If someone seems too much like simply a
salesman, then maybe you should look a little further.
copyright 1999 by Terry
Light and RealEstate ABC, revised 2002 |