Finding a Realtor

UMPC News

It is always very wise to interview an agent before you make any agreement with him. You need to be sure that he will be a competent professional who can best represent you in what is likely the largest purchase you will make in your lifetime. Here is a list of qualities to look for in a real estate agent:

Full time employment

Information in this field changes constantly – it is hard to imagine a really good agent being able to stay on top of the market and moonlight elsewhere.

Experience

With a real estate deal, you've got a lot at stake financially and emotionally. You need to find someone who knows what to do, and can do it for you efficiently.

Honesty and integrity

You're trusting your agent with a lot. If they don't level with you about what a neighborhood or particular property is really like, you suffer the consequences.

Interpersonal skills

An agent has to be able to get along not only with you but also with a whole host of other people involved in a typical real estate deal: other agents, property sellers, inspectors, mortgage lenders, and so on. An agent needs to know how to put your interest first without upsetting others.

Negotiation skills

Putting a real estate deal together involves negotiation. Is your agent going to exhaust all avenues to get you the best deal possible? Be sure to ask the agent's references how the agent negotiated for them.

High quality standards

Sloppy work can lead to big legal or logistical problems down the road. If an agent neglects to recommend an inspection, for example, you may be stuck with undiscovered problems after the deal is done.

Patience(not a hard-sell)

When you're buying a home, the last thing you need or want is an agent who tries to push you into making a deal. You need a patient who is patient and willing to allow you the necessary time to get educated and help you make the best decision for you.

Local market or community knowledge

If you're looking to buy a home in an area in which you are not currently living, an informed agent can have a big impact on your decision.

Financing knowledge

As a buyer, especially a first-time buyer or someone with credit problems, you should look for an agent who can refer you to lenders who can handle your type of situation, which can save you a lot of legwork.