A real estate agent plays a fundamental role in ensuring that you secure your dream home at a convenient cost. These agents have a fiduciary duty that binds them legally and ethically to ensure that your interests are advanced with great skill and care. The fiduciary duty guarantees that your agent will put your interests first during the transaction processes. Real estate agents have an ethical responsibility to use their best skills to negotiate and secure the best price for your new home. Also, they play a tantamount role in reviewing real estate documents and modifying such agreements in the pursuit of protecting their clients against exploitive clauses.
In this regard, it is evident that the importance of a real estate agent cannot be negated and therefore you ought to be mindful when hiring. There are basic guidelines that could be instrumental in securing a great agent, and they are elucidated as follows;
Review their portfolio
Real estate agency is a lucrative industry and therefore it is probable that you could find agents that will overstate their ability or misrepresent information in order to secure your business. Therefore it is intelligible to ask these agents to avail list properties that they have sold or bought on behalf of their clients. Through such clients, you can be able to assess an agent’s negotiation skills and his general ability to safeguard your interests.
Verify their license
States, through relevant institutions, dictate that real estate agents must endeavor to acquire permits before purporting to administer services to the people. Governments set up various boards to issues licenses to qualified professionals and also institute disciplinary proceedings against noncompliant agents. In most cases, such licensing information can be obtained online but you must not shy away from demanding a physical copy.
Review their credentials
Real estate agents undergo mandatory training programs to equip them with adequate skills that ensure quality service delivery. These are credentials that proffer accreditation from governmental institutions. Therefore you ought to be mindful of the relevant training regimes and make sure that your prospective agent has complied thereto. Also, it is preferable to hire an agent that has taken up additional training programs to further his knowledge in a particular specialty.
Consider their experience
Long term service in any particular profession will subsequently enhance the expertise and skill of an agent. Therefore it is recommended that you endeavor to secure the services of an experienced agent due to their comprehensive knowledge of the industry. Also, an experienced agent can advise you sufficiently based on the accumulated knowledge and the current market trends.