Buying a house from a reputable Calgary housing company is one of the biggest steps that you can take in your life, so it’s of utmost importance that you choose your company and REALTOR® well. By choosing the right person for the job, you can make sure that you snag the best house at an affordable price. Here are some tips on what to ask when interviewing a prospective REALTOR®:
First Things First
Before heading off to look for a REALTOR®, you should first know what it actually means and how it’s different from a real estate agent. Basically, all REALTORS® are agents, but not all agents are REALTORS®. A true REALTOR® is one who is registered and licensed under the National Association of REALTORS® or the Canadian Real Estate Association (CREA).
Ask for References
After making certain that the person you are hiring is indeed a REALTOR®, ask him about his client references; this is a further step to ensuring his reliability and work quality. Make sure his reference list is full of people who can make a real, unbiased opinion about his services (this means that immediate family and personal friends are out).
It’s important that your REALTOR® is knowledgeable about the neighborhood in where he plans to sell you a home. Ask him about the growth, development and current status of the community that you might be having as your new home, and whether it will be a good investment or not, should you choose to sell it in the future. This can be determined by factors like crime rate, number of businesses, accessibility, etc.
Number of Clients
According to an article by the TLC Network, you should ask your prospective REALTOR® about the number of clients he currently represents, to wit:
While there’s no magic number for how many clients an agent can effectively handle, a number that’s staggeringly high, like 40 listings or 15 buyer clients, could indicate that her time will be divided and you won’t get much one-on-one attention.
In looking for a REALTOR® to hire, you should also factor in his knowledge regarding the conditions of the local Calgary housing market. Your REALTOR® should be equipped with enough information regarding the flow of the market in your area, as this makes an important driving factor for the final price of your home.
(Article and image excerpt from 10 Questions You Should Ask Your REALTOR®, How Stuff Works)