FHA loan limits increased for 2019WASHINGTON – Dec. 17, 2018 – The Federal Housing Administration (FHA) announced the agency's new schedule of loan limits for 2019, with most areas in the
Questions To Ask When Interviewing A Real Estate Agent
Buying or selling a property is one of the biggest transactions that the average person is involved with. Picking the right agent to work with will help insure that you have a successful and positive experience.
How Long Has the Agent Been in the Business?
Experience goes a long way in the real estate business. Many different situations present themselves in a transaction, a seasoned agent will know best how to navigate the little bumps in the road to get you to closing with out too many hiccups.
What is Your Marketing Plan or Strategy
Sellers will want to know where the agent intends to market the property. Where and how often will you advertise the property. How do you market online. Do they do Open Houses?
Buyers want to know how the agent will find them the house of their dreams. Do they have access to the MLS in the area you are looking? Does the agent have an email system to inform you as new homes come on the market. Do they have a mobile app so you can search for a home on your smart phone? A tech savvy agent should have the latest bells and whistles to help you find your new home.
Do They Hold any Designations
Ever wonder what all those letters like mean after an agents name? They are designation earned by attending specialized classes offered to real estate agents. ABR is an Accredited Buyers Agent, ePro is an Internet Pro or GRI, Graduate Realtor Institute. An agent with lots of designations believes in education and staying on top of the latest trends in the market place.
Some agents hold a Brokers License which requires additional course time followed by a very comprehensive exam. You can trust that an agent with these credentials will be on top of their game.
How Much Do You Charge
Sales commissions vary from market to market and within agencies from 4% to 7% and is split with between the listing and selling agents and their brokers. While important, it should not be the deciding factor when picking an agent. Quite often the top agents charge more and are worth it by the time and money they will save you in the transaction. Most sellers pay the agents in a transaction not the buyer. Check with your agent when you start working with them to see how commissions work in the local market.
Ask for Referrals
As the saying goes, the proof is in the pudding. A good real estate agent should be able to provide you with comments from past buyers and sellers. Don't be shy, ask for referrals, they will help you get a good feel for the agent and if they are the right fit for you.
Judy Griffin at the Griffin Group at Keller Williams Realty Emerald Coast has been an agent for over 12 years serving Niceville, Destin, Crestview and Santa Rosa Beach. Her and her team would be glad to help you with your next move. You can contact them at 850-685-8595.