Friday, July 10, 2015

How To Select The Best Real Estate Agents In Maine

By Olive Pate


The first step towards having a successful real estate business deal or investment is making sound decisions. Whether you are selling or buying, it is important that you find the best real estate agents in Maine. With many agents in the market today, selecting the right one can be challenging. However, if you observe the following factors, you should be able to make an informed choice.

Finding potential agents is probably the first thing you will do. This can easily be done by two approaches; searching in online databases and asking for referrals from people who have used similar services. Word of mouth referrals is generally preferred since you will likely find a service provider whose services is already tested and known. People providing referrals can be friends and neighbors who have successfully bought or sold a similar property.

Licensing is among the first things you need to check on all prospective agents. It is a statutory requirement for all services providers and also acts as proof that you are dealing with a legitimate company. Check out their license number with the licensing authority to establish if they are properly licensed and whether they have been through any disciplinary procedures or complains from their clients.

The credentials of the agent are also crucial. While there are many excellent agents who learn the trade from the field, it always pays if you have an informed service provider. Just like other professionals specialize, realtors also specialize. The alphabet soup after the name can be an indication that the person has received additional training in a specific area. Ensure you select one with the right credentials for your needs.

Experience in the industry also speaks volumes. You want to know how many years the company or individual has been in the industry and whether or not they have handled similar needs. Ultimately, what you are looking for is a professional who has actively engaged in that particular area you are interested in and price range. They have to demonstrate their expertise in that area.

Another important consideration is the approach used in listing properties. Property agents use different channels and approaches in marketing properties under their watch. Some only post online while some follow up with other customized marketing strategies. The best professional is one who fully understand your target market and is able to device a suitable marketing strategy to effectively reach your target market. Take time and go through their listing so you are able to check their service quality.

The cost of services is also key. At the end of the transaction, you will be paying the agent, hence the importance of knowing how much it will cost you. Get to know the percentage of commission they are asking and compare this rate with other service providers. Always select one who charges reasonably and has a history of providing excellent services.

Selecting the right real estate agent requires careful considerations. Make time to research on your needs and ensure you understand them. This will help you select service providers who are suitable for your needs.




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