Did you know that there are over three million people in the United States that have a real estate license? With so many options for real estate agents to help you with your home purchase or home sale, you may be wondering how to determine which ones stand out.
Well, before you go any further, one thing you should do is narrow it down by location. In this case, it would be in the Summerlin area.
So, how do you find the best real estate agent in Summerlin? What should you look for in a Summerlin realtor?
This is your guide.
Ask About Experience
The first thing that you should consider when it comes to a real estate agent is what kind of experience they have. If they can help you buy or sell a home in their sleep with years of experience under their belt, it improves your chances of having a smooth transaction.
How long have they been a realtor? Do they work with an agency? How many clients have they had? What was the house that they sold or bought for the most money?
These are things you should be asking about your potential real estate agent. You need to make sure that they have been doing this long enough to be qualified to handle your home transaction and also to get an idea of what type of houses they are used to working with.
For example, if they have primarily worked with ranch houses and you are the type of client that wants or has a mansion, that real estate agent may not be the best fit for your ideal listing. Asking in advance can help avoid problems like this down the road.
Judge Their Communication
Next, you are going to want to see how good a real estate agent is when it comes to communication. This is an important part of the process because you have to be able to rely on somebody to keep you in the loop of what could be the biggest financial transaction in your life.
What is a realistic offer to expect on your house? What is a realistic offer to make on a house that you want? Should you stand your ground or make some wiggle room during negotiations?
These are the things that a good real estate agent will communicate to you. Doing this is good for both sides because it makes you trust the real estate agent more while preparing you could mean a stronger bargaining position.
Consider Exclusivity Requirements
One thing you need to know about real estate agents is that they work on commission. What does that mean for you? It means that they are not making a cent off of selling your home or the help they provide to buy your home until the transaction is complete.
Because of this, that means that real estate agents have a lot of skin in the game. To minimize risk, most agents will ask you to sign some sort of exclusivity agreement.
You need to factor this in because you want to have realistic expectations for what they are going to ask of you.
Are they asking you to be exclusive to them for more than six months? Is this happening before you even start planning an open house?
How soon they ask for this and how long they ask to be exclusive are things that you should take into account before finalizing a decision. You want to make sure that this is somebody that you want to work with and somebody that you are confident will finish the job.
Consider the Commission
As mentioned above, real estate agents work on commission. With that in mind, you may want to get an idea of how much they are going to ask for before you agree to work with them.
Now, this is something that you are going to need to be more concerned about as a seller rather than a buyer. The reason for this is that the seller usually pays the commission to the real estate selling the house and the one that helps the buyer.
Typically, these two real estate agents split that commission. How much is this commission? It ranges between about 5-6% of the home sale price.
So, if one real estate agent charges 1% extra as a commission, that could be around $20,000 which you are not going to see.
Reviews and Referrals
Finally, if you do not know who to hire for a real estate agent, consider looking into reviews and referrals. When it comes to the latter, a lot of people tend to trust the opinion of their friends and family. So, if someone close to you had a good experience with a real estate agent, that person can put you two in touch.
As for reviews, look for ones with specific positive experiences and a real estate agent that has a good star average for reviews.
Find the Best Real Estate Agent in Summerlin
These are some things that you should consider if you want to work with the best real estate agent in Summerlin. Read reviews and referrals to get an idea of who stands out, factor in commission and exclusivity requests, ask about their experience, and note how good their communication with you is.
After you factor all of that in, you should find the Summerlin real estate agent for you.
Are you ready to get started? Get a home valuation with us today.