How to hire a realtor
BURLINGTON REAL ESTATE NEWS
TOP THINGS TO CONSIDER WHEN HIRING A REALTOR
As the real estate lawyer my job is ensure your closing is successful and that the property being given to you is as promised in the agreement of purchase and sale.
However, during the closing process many roadblocks may arise. For that reason, its important that you hire the right real estate agent.
ENSURE YOUR REALTOR IS EXPERIENCED
Do your homework. How many years as your realtor been around. Ask them questions about the closing process. Specifically, ask them questions about the agreement of purchase and sale. A knowledgeable realtor will be able to answer these questions. Is this their first closing? Are they a part-time realtor?
ENSURE YOUR REALTOR IS FAMILIAR WITH THE AREA
It’s best to select a realtor who has lived or worked in the area you are purchasing or selling. Local realtors will be able to provide insight into many issues that others may not. It’s not just important that your real estate agent is familiar with the real estate market but also many other issues. Consider the following:
- Will there be more new housing developments;
- Are there grocery stories nearby;
- Is the highway easily accessible;
- Are schools nearby;
On many occasions amenities listed on an MLS listing are deficient. It’s great when your realtor knows about the community, local coffee shops, events, construction and the population in the neighbourhood.
HIRE A FULL TIME REALTOR
No, disrespect to part-time realtors. However, generally if the realtor is part-time this isn’t their full-time job. A realtor who works full-time will be in a better position to attend to your needs and concerns versus a part-time realtor. Moreover, a full-time realtor will likely have more experience and knowledge. Issues can come up during the negotiation, finalization and closing process. You as the customer shouldn’t have to wait for your realtor to call you back after 5PM.
IS YOUR REALTOR MEETING YOUR NEEDS?
Many realtors may rush clients into purchasing. They may encumber clients with tight closing conditions. The biggest being financing. Many may end up providing only a short window for the purchaser to ensure they are approved for financing. The realtor may suggest this is necessary given the competition. Despite, this you must ensure that you feel comfortable.
IS YOUR REALTOR BEING HONEST
Finally, the most important aspect in my view. Ensure your realtor is being genuine. Are they providing you with honest feedback? Is their advice, recommendation and suggestions based on a legitimate assessment of the market and trends.
Are they working for you? Are they too busy? Are they pushing for you to use a specific lawyer?
I am a real estate lawyer in Burlington.
IS THERE A REAL ESTATE LAWYER NEAR ME?
If you are buying a home or selling contact our office to speak with a real estate lawyer in Burlington.
I provide legal services in Burlington, Milton, Hamilton and Oakville.
My address is 901 Guelph Line, Burlington.
You can also call or text at 416-505-4901 OR call Toll Free: 1 (800) 939-9211
anytime for a free consultation