Are you planning on investing on a foreclosed property? Would you profit efficiently if you make some repairs before selling your investment? What would be the best price you may impose on your investment without over or under pricing? Who is the best one to consult for such inquiries? This definitely calls for a real estate broker.
Hiring a professional broker with sufficient work experience and of course, credibility in the housing industry would be a smart move. Here are some helpful tips that may come in handy in search for the best real estate broker:
Check for the background of the broker. You can pretty much assess the credibility of a broker based on his work experience. Learn more about his marketing ideas, strategies and styles. It would be nice to know his efficiency when it comes to communicating with his client. Based on these criteria, choose your top three to at least keep your options open, and set up an interview with them. This would allow you to see the broker for yourself and further assess him personally.
Learn about the quality of service delivered by the broker towards his customers. Check this by looking up the sales of estates he has made during the previous year. Better check the old clients.
Make sure you also consider the duration it took for him to sell the property. Was it over a year? Or within 6 month’s time? By doing so, you can assess his overall ability on the sales industry.
Compare initial and final prices set on the property in order to determine if the best market price was made. Remember that it is the goal of a broker to set the best marketing price for a property to ensure satisfaction of his client.
With these guidelines, you can surely get your ideal real estate broker. Just keep in mind how their credibility comes with a price. Discuss matters on fee with your broker and it would be normal to expect for up to 6 percent commission.
Leticia Carvalho has been educated in the finer points of the foreclosure market over 5 years.