Real estate is a tricky business. There can be a lot of moving pieces that you’ll need to juggle, and often times people are under strict deadlines in relation to where and when they need to make a transaction by, especially if they’re moving for work. However, a seasoned real estate agent will always provide you with added value, whether you’re buying a house, selling a house, or exploring real estate investment opportunities.
PEOPLE YOU WANT YOUR REAL ESTATE AGENT TO HAVE STRONG CONNECTIONS WITH
Part of what makes a great real estate agent ‘great’ are the types of relationships they’ve established over the years. Finding a career in real estate is so difficult because early success depends on who you know throughout the industry (including the construction, financing, and legal aspects of real estate). Below are some important parties that can enhance a real estate agent’s effectiveness as they work with you.
With nearly every sold property, there is bound to be some type of additional work required to get everything up to the buyer’s expectations. This can include various aspects of the infrastructure, or maybe even a small construction project in or around the property. Finding a contractor you feel comfortable trusting can be difficult, which is why an agent who knows dependable contractors can ease any buying stress.
REAL ESTATE DEVELOPERS
Another way that a real estate agent will separate themselves from the competition is with their ability to provide clients with access to exclusive listings that aren’t available to the general market. By knowing the big players who actually develop and build various homes, the agent can help ensure that their clients get a first look at newer homes.
Real estate agents compete with each other. There’s no way to avoid this reality, which is why it’s important that your agent actually has a healthy relationship with other agents in the area. If you’re looking to buy a home, the owners are likely working with another agent who helps them. If your agent knows the party that’s selling, it can give you an “in” for negotiation, or even helping the owners go with your offer over one of equal value from someone who they’re not as familiar with.
If you’re someone who is dealing with a variety of business real estate transactions, you also want to have a real estate agent with viable connections in relevant municipal offices. Sometimes getting through the “red tape” can hold up transactions, so having someone who knows how to navigate the regulations seamlessly can only help.
MAKE SURE YOUR REAL ESTATE AGENT IS INVESTED IN YOUR SUCCESS
When vetting different real estate agents, make sure you’re asking them about the various ways that they stand apart from any competition. A big focus should be on their networking and other relationships, since it can greatly impact the success you have when buying or selling a house. The more comfortable you are with your agent and the services they provide, the more likely it is that you’ll have a better overall experience.