One of the biggest financial choices you’ll ever have to make is whether to buy or sell a house, so working with a Tenafly real estate agent who can assist you in the process is crucial. Real estate agents, however, are not all made alike. When choosing a real estate representative, it’s crucial to consider specific traits to make sure you are choosing wisely. In a Tenafly real estate agent, keep an eye out for these four characteristics.
Gives Priority To Meeting Your Unique Needs
Every scenario involving purchasing or selling a home is different and necessitates specialized guidance. A competent real estate representative is aware of this and offers tailored solutions that satisfy your requirements. For instance, you might require more advice than a seasoned buyer if you are a first-time house buyer. A capable agent will give you the time and attention you need to discover the ideal house, taking their time and not rushing you.
Understand the Local Real Estate Market
When buying or selling a property, having a knowledgeable REALTOR® with a good understanding of the local real estate market is crucial. This expertise enables them to develop a pricing strategy and act swiftly to secure a desirable property in a competitive market. For example, in a tight market, your real estate agent must know this so that they can assist you in quickly securing the house you want to buy. Additionally, there may be a time when you require more than just your real estate agent’s help. Therefore, your REALTOR® should have connections with other real estate professionals like home inspection experts and real estate attorneys. By doing so, they can offer you a more comprehensive range of services and better support throughout the buying or selling process.
Communicates Regularly
It’s crucial to work with a real estate agent who is understanding of your mental commitment when buying a house. Excellent communication skills and a clear understanding of how the process functions are qualities of the perfect REALTOR®. Any concerns you may have will be answered, and a competent agent will accept your calls when necessary. They should offer advice on how to improve the look of your house if you’re selling it in order to get the best possible price. A competent agent should also have no trouble speaking with the buyer’s agent or the seller’s advertising agent, and they should act as your champion by correctly relaying all discussions.
Good Negotiating Skills
In today’s seller’s market, homes are being sold quickly after they’re listed. In 2020, the average time a house stayed on the market was 25 days, which is significantly less than the average of 140 days in 2010. So, if you’re planning to purchase a home in 2022, it’s important to have a REALTOR® who can negotiate effectively on your behalf. You’ll need an agent who knows when to make compromises and when to fight for the best deal for you. If you’re selling your home, it’s important to consider your agent’s list-to-sell ratio, which represents how much a home sold for compared to its listing price. A ratio above 100% indicates that the house sold for more than its listing price, so it’s a good sign if your agent’s ratio is high.
