Choosing a real estate agency can make the difference in the success of your real estate transaction and your overall experience. Buyers: Selecting an experienced and qualified real estate agency can really mean the difference between a successful purchase and a disappointing one. Sellers: An experienced agency would be able to understand your needs and wants, and could match you to the right community and home for you and/or your family to enjoy and/or exceed them. Real Estate Agencies is often the first point of contact for buyers and sellers, therefore it is important that you consider their reputations and track record before hiring them. This link will help you decide on the right agency for your real estate needs.
Most real estate professionals agree that a great real estate agency offers both buyer and seller assistance. For instance, they help their clients locate a suitable property, conduct the necessary background research, find a competent realtor, negotiate the terms and conditions of the sale, as well as close the deal once it has been finalized. In order to get the most from your real estate agents, make sure that you do your homework first. Do not trust your real estate professionals blindly; instead, use the information that you gather to help you make a decision.
Most states require real estate agents to be licensed. A licensed broker will have had the necessary education and experience to qualify for the position. A licensed broker holds a bachelor's degree or an advanced degree and is registered with the National Association of Realtors (NAR). The real estate agents' state licensing board will usually require proof of training, certifications, or continuing education. In order to be eligible for re-licensing after a certain period of time, the brokers must achieve a specific minimum score on their licensing test.
It's illegal for an agent to represent more than one buyer/seller or to work for more than one buyer/seller. To protect the buyers and sellers from unscrupulous agents, all real estate agents have to register with the Real Estate Inspection Registration Bureau (REIRB). REIA can be found online. The registration is free and requires minimal documentation.
Buyers and sellers need to know if the real estate agent has any discipline problems or complaints filed against him or her. As much as possible, it's preferable to choose a real estate broker who's got a good reputation and has a track record of successfully representing both buyers and sellers. It's also important to choose a real estate agent with a good track record. This way, the agent will have a better chance of getting new clients, maintaining the relationship with existing clients, and building new business opportunities within the real estate industry. See more here on the best real estate agents that you can hire for your needs.
The National Association of Realtors (NAR) publishes a continuing education requirements for real estate agents. The current list includes at least 50 licensed brokers, including NAR members. Brokers have until April 1st of each year to submit continuing education requirements to NAR. Candidates who don't fulfill the requirement may find themselves dropped by the association. Candidates who successfully fulfill the requirements to get a gold license and display the gold license on their business cards. Check out this related post to get more enlightened on the topic: https://en.wikipedia.org/wiki/Real_estate.