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    February 14, 2007
    How Should I Choose An Agent?

    Dear Shak&Jill,

    How should I choose an agent?  I see the names on billboards, but how do I know who to call?

    A name on a billboard does not always equate to a successful
    agent. Although many successful agents do use billboard advertising there are
    also agents that save money on other marketing efforts (like not advertising your
    home for sale) in order to pay for the costly endeavor of a billboard.
    Billboards can be a good first step to gathering your facts about successful
    Realtors in your area but don’t stop there. There are many other factors to
    consider when choosing the real estate agent that is right for you.

    1. Google the name of some of the realtors that you see to gage whether the
      billboard is just once source of their advertising or the whole ball of wax.
    2. Look at some of their listings to see if they have homes for sale in your
      area or price range.
    3. Set up appointments to interview the top 2 or three that you are attracted
      to. More than 3 is excessive and will start to clutter your brain.
    4. At your interview ask the agent how much of their personal budget (not the broker’s
      advertising) is spent on advertising your home vs. advertising their name.
    5. Besides commission rates, advertising budgets, and track records, also
      consider the personality of the agent her/himself. A real estate transaction
      can be an emotionally charged and somewhat lengthy process. A brash personality from your Realtor may cause you extra stress that you don’t need. Likewise, a very meek personality
      may not be aggressive enough to approach you with honesty about your home.
    6. Don’t make your decision based solely on how much an agent tells you he or
      she thinks your home is worth at the listing presentation. “Buying the Listing”
      is a term used in the industry for agents who try to woo the seller by giving
      an inflated opinion of price to get the contract signed. Soon after the ink
      dries, they are quickly at your door suggesting a price reduction.
    7. Last but not least, consider experience.  Experience of the market, negotiation
      experience and experience with dealing with people and homes trends are all
      huge pluses, but not the only factor.  30 years in the
      business may be a great thing to consider but it also could be a negative if
      the realtor relies on antiquated, pre-internet marketing and advertising
      efforts. If the agent is not constantly keeping up with the trends of how homes
      are found, showcased, and sold, then your home will be at a disadvantage compared
      to one listed by a technological savvy realtor.
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