How to Select a Property Agent in Frankfort

The purchase of a home, for the vast majority of individuals, is the single biggest financial decision produced in their lives. Clearly, then, it becomes evident that the selection of a real estate agent is a serious consideration which should not be taken lightly. But what factors should be considered in the selection of a real estate agent? Click here for more information about Frankfort il real estate agents.

Reputation

Not all real estate agents are the same. Some real estate agents have a reputation for being difficult to work with. For example, an agent that is sneaky, argumentative, unprofessional, is late for appointments, or misses deadlines can frustrate the buying process. A real estate agent should have a reputation for getting along well with all parties to a transaction, buyers and sellers included. An agent that takes a lawyer-like approach of zealous advocacy for one side in a real estate transaction cause the other side to walk away from the deal. Communication and "people" skills are important, as well as diplomacy and tact in the event a difficult situation should arise. And clearly, honesty is tantamount.

Communication skills involve more than just communicating information - in fact, the primary test of effective communication skills is the ability to listen. An agent should listen to your needs, consider them, and then use that information to guide you to the neighborhood and home that is perfect for you.

Ascertaing the reputation of an agent requires some detective work. It is wise to ask for references, on both sides of the transaction. Ask about problems that occurred during the process, and how they were handled. Talking to both buyers and sellers of the experience in dealing with a particular agent can provide insight as to how you can expect your real estate experience to unfold.

Geographical Specialization

It is important as well to ensure you are dealing with a real estate agent who is a "local specialist". Many states technically allow licensed real estate agents to participate in real estate transactions anywhere within the state. However , a local specialist will be familiar with local selling practices. For instance, property transfer taxes vary by locale, as do the party responsible for paying them. In some locations, there may be different customs for the division of city and county property transfer taxes. You want to be sure that you are dealing with an agent familiar in local custom so as to avoid paying unnecessary fees.

One idea is to canvass the neighborhoods in which you are considering buying. If you see lots of yard signs for a particular agent in those neighborhoods, it is a good bet that the agent is a local specialist.

A local specialist will also be able to provide you information on schools, recreation, churches and synagogues, shopping and entertainment options in the area. Learn more about Frankfort real estate.

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