The real estate market has never been hotter than it is right now.
Home sales have been increasing for months, and the median sale price has risen by nearly 20% compared with the same period last year. So if you’re thinking of putting your home on the market, now is as good a time as any.
Of course, selling your home is much easier when you have a competent, reliable real estate broker on your side. A good real estate broker helps to chart a smooth course through the choppy waters of the home selling process. They’ll also know how to price a property and market it effectively.
So let’s take a look at what you need to consider when choosing a legitimate real estate broker.
What Is a Real Estate Broker?
First, let’s answer the pressing question as to what’s a real estate broker vs. agent.
The possession of a real estate broker license signals a greater degree of expertise and competence in the real estate field. A real estate agent possesses a real estate license, which entitles them to help people to buy, sell, and rent homes.
But a real estate broker has taken the extra steps to become familiar with additional course material on taxes, insurance, ethics, and various real estate legal matters. You can think of a real estate agent as possessing the equivalent of a graduate degree in the field, whereas a real estate broker possesses a postgraduate degree.
Usually, a real estate broker must have spent a certain number of years as a real estate agent, to acquire the necessary experience.
What to Look For When Choosing a Broker
When searching for a competent and effective real estate broker, it’s important to choose one with a solid skill set.
When selling a home, you want to find a broker who has the ability and experience to sell your home quickly and in a way that’s satisfactory to all parties. So here’s a look at some important qualities to consider in a real estate broker.
Do your homework, and ask your prospective broker how long they’ve been in the business. Don’t be afraid to question the broker about his or her experience, since you want to have the most capable person you can find.
The Right Attitude
On the other hand, keep in mind that experience isn’t everything. Finding someone who has the right attitude, even if there’s a dearth of long-term experience, can make all the difference.
So find a broker who “clicks,” someone with whom you have good chemistry—after all, you’re going to have to work with them to get your home sold.
Don’t overlook the importance of positive reviews. Suss out your prospective real estate broker, and see what kind of reviews they garner online.
A few negative reviews are expected, but too many can signal a pattern.
Be Smart When Choosing a Broker
Finding a legitimate real estate broker to help you sell your home is a big deal. So if you’re planning to put your home on the market, be sure to apply these criteria when selecting a broker to meet your needs.
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