| What to look for in a good real estate agent?

What to look for in a good real estate agent?

Kathy R asked:

My dad is a public school teacher but he became a millionare investing in real estate. His advise is to hire the “youngest and hottest real estate dame in town”. He says they get more people interested in their properties and they are harder to say no to when working through a deal. He sounds like a pig to me on this one but it has worked for him. Any one with experience on this one because I need to find a good agent.
Ultrasound schools
Thanks

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Comments

4 Responses to “What to look for in a good real estate agent?”

  1. Liza on March 19th, 2009 7:37 pm

    I found my agent through a coworker. I would recommend asking friends, coworkers, and family members and see if they can recommend a realtor that they had a good experience with. I would choose a realtor based on personality rather than looks. A realtor can be homely, but they have to be a people person in order to be successful.

  2. krisjb1 on March 20th, 2009 9:59 pm

    That is pretty ridiculous. Although it is true that people like to look at good looking people more than they like to look at unattractive ones, when it comes down to it they are not going to buy anything they don’t truly want to buy just because the agent is attractive. And the youngest agent is not likely to be very good either because practice makes perfect in representing clients well. I am a real estate agent/broker, but before that I was a consumer who had purchased 4 houses from agents who weren’t young or hot. I like to feel that an agent is interested in my needs and is totally involved in real estate so they not only know what is on the market but also how much it is worth-a go getter.

  3. Searchlight Crusade on March 22nd, 2009 1:07 pm

    There are no silver bullets, either for listing agents or buyer’s agents. Buyer’s agents are easier - just give a few of them non-exclusive buyer’s agent agreements, tell them what you want, and the one that finds the place you want gets paid, while the others don’t.

    Listing agency has to be exclusive for a time, so that’s harder. I’d build a downwards sliding scale of compensation in, both with value and time, and require an agent to agree in writing to release you from the listing agreement if they suggest a price drop. The number one scam agents pull is “I can get you a million bucks” for the property, then within a couple of weeks they are pressuring you to drop the price - after you’ve wasted the time of highest interest in your property. Most folks have deadlines they need to sell by, and agents who price the property right in the first place are far likelier to get your property sold for a better price.

  4. Karen R on March 25th, 2009 10:56 am

    Yep, he’s a pig.

    Ask people you know. You will find the best agents by referrals from friends, co-workers and neighbors.