With so many options to choose from, it can be difficult to know how to pick the best broker for you, so I’ve created a guide to make it a little easier. Here I am going to describe the 8 steps required to choose the best broker (as a seller). Let’s dive in!
Do I need a real estate agent to sell my house?
While real estate agents are not required to sell a home, it is difficult to deny their value.
A Stanford study University showed that sellers who partnered with a real estate agent were able to extract 32% more value from their home compared to people who marketed their home alone. This far outweighs the cost of the broker’s commission, usually around 6%. That is why 89% of all sellers choose to advertise with a real estate agent.
However, buying and selling real estate is about more than just money. The best real estate agents are experts, they are reliable, easy to work with and they will give you the best experience while helping you sell your property.
Here’s How To Be Successful choose the best broker for you.
#1 Research Best brokers
The first step in finding your perfect real estate agent or broker is figuring out what options are available and learning which are your best possible options. Follow these steps when choosing a broker:
#2 Scan the local real estate market
When you’re ready to find one top brokerGetting information about real estate agents closest to your property can help narrow down your choices.
You can search Google or use tools like FastExpert.com to see which brokers have been active in your area. When you find a broker’s profile or website, poke around and ask yourself these questions as you search:
- consider hhow prominent is this broker compared to others in the area?
- Think of How many properties do they have on the list now?
- How long have those homes been on the list?
- How many have been sold recently?
Once you’ve found a few brokers that stand out, it’s time to dive deeper and see if they’re the best candidate for you.
#3 Check brokers’ track records
To do your due diligence, you must check in on a broker’s transaction history. This is the best way to see which locations they have the most experience selling homes in. You can also learn about the types of properties they typically sell. Like what price range this seller usually works in. A good candidate should have a lot of history selling homes like yours in your area.
Also look for reviews from past clients of a broker. These reviews can give you a unique idea of what to expect when working with a specific broker.
Many of the top SnelExpert agent profiles contain transaction history and their performance over the past 12 months. soh myyou will have that important information when making your decision. You can also message an agent and get the contact details of their previous clients. This is a great way to see what others thought of the agent and how well they worked together.
#4 Find online offers from real estate agents
Quickly search online which properties the broker has already listed. See where they sell the most properties, how much their properties sell and how long they stay on the market. You can do this by searching a real estate agent’s website, filtering by a real estate agent’s name in a real estate search engine, or you can use an internet tool like Snelexpert.com.
Websites like FastExpert.com have a collection of well-known brokers and brokers. These sites may have individual profiles to enable users to see transaction history, zip codes the agent sold, customer reviews, and other information. You can compare multiple brokers and find the one that suits you best.
#5 Check for license
Top brokers have state licenses and disciplinary certificates. You can contact your state’s real estate agencies to find out if the real estate agent is licensed to practice the profession. It’s also good to check for red flags, such as a history of disciplinary action against a broker. If you like a broker, but see that they are subject to disciplinary action, you can ask the broker about it or find someone with a cleaner track record.
#6 Check for login details
There are various certifications that brokers and brokers obtain to improve their learning in the market. tto rustcertified individuals is the best choice to meet your housing needs. Different brokers may have different credentials, so when comparing brokers, consider how many certifications each candidate has, what they are for, and how reputable the certifying body is.
Some certifications you may see include Real Estate Appraisal Certificates, Residential Specialist, Accredited Buyer’s Representative, Senior Real Estate Specialist, and more. These credentials demonstrate a real estate agent’s professionalism and a drive to differentiate their skills from others in the market.
#7 Interview your favorite brokers
Don’t commit to a broker too early! Your background research has probably taught you a lot about the brokers you’re considering, but take the time to meet the agents you’ve researched.
#8 Choose three or four brokers to interview
Every real estate agent treats their business and their partners differently, so get to know the person you will be working with to sell your home. We recommend that you interview as many brokers as possible. Interview no less than three agents so you can get an idea of what it will be like to work with your new partner.
Even though you may already have information about the broker from the internet, verify your assumptions about the broker in the interview. Ask them to explain their strengths and expertise and to fill you in on the information you couldn’t find about them.
Questions to ask the broker during your interview
Here is our list of the best interview questions to ask brokers during your interview:
- How long have you been working in real estate?
- How familiar are you with the area surrounding this home?
- Are you an independent broker or are you part of a brokerage?
- Have you sold a home like mine before?
- How many other clients do you currently work with?
- Do you have a specialty?
- What is your plan to market my property?
- Do you have references or previous customers I can call?
For more tips and advice on what to ask your real estate agent, see some of these questions at.
It comes down to
After interviewing all your favorite brokers and brokers, review your options and consider who is the best fit for you. As you think about your interviews with each broker, ask yourself the following questions:
- Was this broker friendly? Approachable?
- Did they really seem to listen to my needs?
- Are they easy to work with?
- are they a creative and effective negotiator?
- Do I trust this broker?
If a broker has ticked all of your boxes on your background checks, they seem easy to work with, and you think they’ll get you a great deal, then you’ve found a great partner! Let your new real estate agent know that you are willing to work with them so they can list your property! If you’ve followed this guide, you can move forward knowing your investment is in good hands.
If you’re ready to research and interview your next broker, you’ll find everything you need right here on FastExpert.com.