Friday, December 5, 2014

Why Ask A Real Estate Broker?

Experts say having a good rapport and feeling comfortable with the real estate broker is imperative since you’ll have to disclose personal information, like your wish list, finances and timelines. If you don’t get along with this person and don’t like their style, no matter how good they are, it’s a long process and you want to have a good working relationship with your real estate broker.

Whether the service needed is for the selling or buying of a home, this is a relevant question. It is important to know that a real estate broker can meet the needs of a client. Determining how long a real estate broker has been in business and the percentage of successful transactions completed tells clients significant information. A series of successful transactions means that the broker is current on real estate laws, while length of time in the business establishes a history of tackling most issues that arise from buying or selling homes. It’s easy for most people to see that the neighborhood with lots of boarded up homes might not be growing, but often the signs are much more subtle, especially in the early stages, and your real estate broker can spot the clues. Things like neighborhood activity, street maintenance and the type and number of small businesses in the area can all point to the neighborhood's growth trends. A good real estate broker will be able to tell you if the home you have your eye on is likely to be a good investment based on everything else that's happening around it.

Experience can provide insight when it comes to making deals with other real estate brokers and understanding the changes in a market over time, both of which can be in your benefit in a tight-inventory market. But that doesn’t mean you should automatically write off newer brokers. They can be more aggressive and work harder for you as they build their reputation — they’re hungrier sometimes.

Generally, experience wins out, but don’t discount a top-notch new real estate broker.

Tam Bay Realty LLC
1408 N West Shore Blvd Suite 1000 Tampa, FL 33607
(813) 908-0706
http://www.businesslocallistings.com

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