Experience and a wealth of knowledge regarding current market conditions will be beneficial when buying or selling a property.
Chicago, IL (PRWEB) June 14, 2015
Finding a quality real estate agent is a crucial step when an individual is buying or selling a home. The Federal Savings Bank, a veteran owned lender, thinks this is especially true for first-time home buyers who are navigating the process. Know what to look for in a professional and how to find the right person for the job.
The following are tips from The Federal Savings Bank to find a good real estate agent.
Find a full time agent
A buyer or seller looking to hire a real estate professional should find someone who works full time. Experience and a wealth of knowledge regarding current market conditions will be beneficial when buying or selling a property.
In addition, a professional working full time has access to new listings and is always available for showings. A part-time agent may not be able to do this.
Ask about other houses in the area
An agent who fits a buyer or seller well will know about current listings in the area. Whether selling or buying, those looking for a real estate professional should ask if the agent knows details about properties they would be interested in or similar listings to the home being sold.
Individuals want a real estate agent who is very familiar with the neighborhood they will be working in.
Know his or her experience in the business
Someone who is new to real estate may not be the best match for someone who wants to buy or sell a home. It is important to find out how long an individual has been working as a professional real estate agent and the experience he or she has had within the industry.
In addition, expertise and practice in a certain concentration matters. For example, if a seller finds an agent who has only worked with buyers, that particular agent might not be the best match for that individual.
Avoid hiring an agent who is a relative
Unless the relative is an expert in the neighborhood a buyer or seller is working in and meets all the criteria for a suitable real estate professional, it isn't a good idea to hire someone solely because of familiarity.
Contact The Federal Savings Bank, a veteran owned bank, to learn more about mortgages.