Why Choosing a Great Real Estate Agent Makes a Difference (2024)

Why Choosing the Right Real Estate Agent Makes a Difference
  • By First Star Realty
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If you’re thinking of buying or selling a home, you probably have a lot of initial questions. The process of either can be a long-winded effort that causes a lot of stress for both buyers and sellers alike. That’s why most people choose to hire a real estate agent for help. Luckily, there’s no shortage of good real estate agents on the market—there are millions of licensed agents in the United States. However, that doesn’t mean you should just hire any old agent. Choosing the right real estate agent makes a huge difference, so we’ve put together a comprehensive guide for everything you need to know.

First and foremost, there are a few main reasons you should hire a real estate agent. Aside from the obvious helping hand and stress reduction, a good real estate agent will do the following:

1. Put Your Best Interests First

Contrary to what you might think, most people who try to work without a real estate agent don’t save money. Paying a real estate agent means that they have a fiduciary responsibility to you and are legally required to put your best interests first. This is extremely beneficial, especially for first time buyers or sellers, and will help you save money.

2. Offer Help Whenever You Need it

Good real estate agents have an impeccable attention to detail. They know what you need to do to get things done fast and without error. When you hire a real estate agent, they’ll offer help whenever you need it, even when you don’t know you do.

3. Give Valuable Insight

A good real estate agent knows exactly what to look for and can give you valuable insight on your sale or purchase. During open houses, they’ll be able to point out problems, benefits, or questions that need to be asked that you likely wouldn’t have thought of. Unless you’ve done an excessive amount of research and have experience in inspecting houses, real estate agents make a sound investment.

4. Be a Master Negotiators

While they’re not trained negotiators, real estate agents have a lot of real-life experience. The more experience they have, the better they are at negotiating prices. Since they’re not emotionally tied in the sale, they negotiate objectively and based on the value of a home, which is a huge help when buying or selling properties.

5. Increase Access to Listings

Finally, certain home listings are exclusive to real estate agents. If you don’t have one, you won’t ever these listings. If you have very specific needs or goals for your future home, a real estate agent will help you narrow down your search and find all of listings that appeal to you.

Signs of a Good Real Estate Agent

While sometimes it’s hard to tell if a real estate agent is right for you, there are a few telltale signs that they’re good at what they do. The following are some of the most common signs of a good real estate agent.

  • They emit a sense of calm
  • They’re proactive
  • They’re prepared
  • They have experience with the local market
  • They have good credentials
  • They demonstrate strong communication skills

Signs of a Bad Real Estate Agent

On the other hand, signs of a bad real estate agent are easy to spot and often give people a feeling of unease. Bad real estate agents tend to emit the following qualities.

  • They’re excessively pushy
  • They lack local knowledge
  • They’re disorganized
  • They have bad success rates

If you notice any signs that may indicate any of the above, find a different real estate agent. Working with a bad agent is more frustrating and stressful than working alone and will not make the home buying or selling process any easier.

How to Choose a Real Estate Agent

Now that you know how to differentiate between a good real estate agent and a bad real estate agent, it’s time to start the process of choosing one that works for you. Not all good agents will be a good match for your needs, so don’t be afraid to “interview” a few before moving forward. Don’t worry, agents are used to this!

Always Check Credentials

First and foremost, always ask for credentials and double check them. There are major differences between an agent and a realtor and almost all of them include their credentials and overall qualifications. Don’t feel bad asking for credentials. Any good real estate agent understands why this is important and will gladly provide you with what you’re looking for.

Ask for Referrals

If your friends or family members have used a real estate agent in recent years, ask them about their experience. Getting referrals from people you know and trust will help you feel at ease with your decision. You’ll be able to get insight from the entire process rather than having a one-sided opinion.

Do Your Research

Research the company and any agents that you’re interested in. Be thorough and try to get any questions you may have answered before meeting with them. The Internet is a great resource, so use it! Both small and large companies have their distinctive differences; it primarily depends on what you’re looking for in an agent. Finding a company with values that align to your own will help you create a good relationship with your real estate agent.

Have a Consultation

Before committing to a specific real estate agent or company, ask for a consultation. Meet them in person and see how it feels. You’re going to spend a lot of time with this person, so if there’s no chemistry then it could cause more stress than buying or selling on your own. Consider their mannerisms, how they communicate, and whether or not you get along well. More often than not, real estate agents will be looking for a client they have chemistry with too, so take some time to get to know each other before you hire an agent.

Don’t be Afraid to Ask Questions

During your consultation, don’t be afraid to ask questions. There are so many factors that affect buying and selling a home and you need to be prepared for everything. Don’t be surprised if your prospective real estate agent starts asking you questions as well; remember, it’s a symbiotic relationship.

Consider the following questions and take note of how they answer. If something bothers you, be honest with them from the beginning. Questions will bring clarity to the relationship before it starts, which is a great way to determine if you and your real estate agent will get along.

  • Ask about their experience. Do they know the local market? What listings have recently sold in the area you’re looking at? What are the current prices in your desired locations or markets? Look for answers backed by data and market research.
  • Ask about their references. Do they have a list of references available? Can you contact them? Some people feel weird asking about references, but this is a great way to get a glimpse into the relationship from someone in your perspective.
  • Ask about their marketing plans. What are they going to do to find you a property you love or sell your current home? Do they have a plan? Have they seen success with this plan in the past?
  • Ask about communication strategies. How do they plan to keep you informed during the process of buying or selling a home? Are they more relaxed in communication style through texting or would they prefer to stick to emails and phone calls?
  • Ask about their commission. There is a standard commission rate of about 6%, but it can fluctuate based on the agent. Ask about the commission ahead of time so you know what to expect and can prepare for any negotiations.
  • Ask about their connections and their network. Are they well connected in the community? Do they have strong connections that could be beneficial when buying or selling a home?

If you’re in need of a real estate agent who is going to put your needs first and give you the best service possible, First Star Realty is here. We’re committed to providing five star realtor services to Northwest Arkansas and work with you throughout the entire buying or selling process so that you have the piece of mind you need during such a life-changing experience. Our clients always come first, which is why we only measure achievements through client satisfaction. If you’re ready to buy or sell a home, contact us today. Our team of highly seasoned real estate professionals is dedicated to providing exceptional, personalized service to all of our clients. Call us today at 479-267-1600 or fill out a contact form on our website.

As a seasoned real estate professional with extensive expertise in the industry, I can unequivocally affirm that choosing the right real estate agent is a pivotal decision that can significantly impact your home buying or selling experience. The article you've provided aptly outlines the crucial factors associated with this decision, and I'd like to expound on each concept to further enhance your understanding.

1. Fiduciary Responsibility: The article correctly emphasizes the fiduciary responsibility of a good real estate agent. This legal obligation ensures that the agent prioritizes your best interests. This is not just a theoretical concept; it's a tangible advantage that can save you money and offer peace of mind, particularly if you are a first-time buyer or seller.

2. Attention to Detail: A skilled real estate agent possesses an impeccable attention to detail. This quality enables them to navigate the complexities of the real estate process efficiently. From paperwork to property inspections, their attention to detail ensures that all aspects of the transaction are handled promptly and accurately.

3. Valuable Insight: The article rightly highlights that real estate agents bring valuable insight into the process. Their experience allows them to identify potential issues or advantages during property viewings that might escape the untrained eye. This insight is especially crucial for making informed decisions in a competitive market.

4. Negotiation Skills: While not formal negotiators, experienced real estate agents often exhibit masterful negotiation skills. Their detachment from emotional ties to the property enables them to negotiate objectively based on the property's value. This can be a game-changer when it comes to getting the best deal for buying or selling a property.

5. Access to Exclusive Listings: The article correctly points out that certain property listings are exclusive to real estate agents. This underscores the importance of having a professional on your side to access a broader range of potential properties, particularly if you have specific requirements for your future home.

Signs of a Good Real Estate Agent: The listed signs of a good real estate agent serve as valuable criteria for evaluating potential candidates. A calm demeanor, proactive approach, preparedness, local market expertise, strong credentials, and effective communication skills are all indicative of a real estate professional who can guide you through the process seamlessly.

Signs of a Bad Real Estate Agent: Conversely, the article also alerts readers to signs of a bad real estate agent. Recognizing excessive pushiness, lack of local knowledge, disorganization, and poor success rates can help prospective buyers or sellers steer clear of potential pitfalls in the selection process.

Choosing a Real Estate Agent: The article provides practical advice on how to choose the right real estate agent:

  • Check Credentials: This step ensures that the agent has the necessary qualifications and adheres to professional standards.
  • Ask for Referrals: Seeking recommendations from friends or family members adds a personal dimension to your decision-making process.
  • Do Your Research: Investigating the agent and the company online allows you to gather information and assess their suitability.
  • Have a Consultation: Meeting the agent in person helps evaluate interpersonal dynamics and compatibility.
  • Don't be Afraid to Ask Questions: Asking specific questions about their experience, references, marketing plans, communication strategies, and commission rates ensures transparency and aligns expectations.

In conclusion, the choice of a real estate agent is a critical determinant of the overall success and satisfaction in your home buying or selling journey. The guidance provided in the article, combined with a thorough understanding of these concepts, equips you to make an informed decision when selecting a real estate professional. If you are in Northwest Arkansas and seeking a real estate agent committed to excellence, the mention of First Star Realty as a provider of five-star realtor services adds a specific and potentially beneficial option for your consideration.

Why Choosing a Great Real Estate Agent Makes a Difference (2024)
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