Erickson Tribune

Maris Grove

UPDATED: Thursday, November 08, 2007

Don’t get left in the dust

Posted on Thursday, November 01, 2007
 

By Mark Abromaitis
THE ERICKSON TRIBUNE

You’ve decided to take the plunge and sell your house.

According to Maris Grove Retirement Counselor Pam Matschat, houses generally sell faster with a listing agent. So how do you find a trustworthy real estate agent?

“Simply trust your instincts and do your research,” Matschat says. “You should pick a real estate agent like you would pick a bank. Ask around and ask lots of questions.”

She also offers the following bits of advice:
1. Start with referrals. Ask for recommendations from family members, your lawyer, or neighbors who recently sold their homes. “If others had a good experience, you probably will too,” Matschat says.

2. Look for experience. Experience is important in the real estate business. An agent who knows the market well and is “plugged in” to the community is more likely to get you the best possible price.

3. Is the agent fulltime or part-time? A fulltime agent has more time to devote to your property and may be more committed to selling your house than someone who is selling real estate as a side job.

4. Find a successful local agency. “A proven track record and familiarity with your neighborhood means a lot in a competitive market,” Matschat says.

5. Interview several agents. Ask for a resume and references from previous clients. Determine if they are someone you would be compatible working with. “Having good communication is key. Make sure you both have the same thoughts about the value of your home,” says Matschat.

6. Make sure the agency uses the Multiple Listing System (MLS). This system allows its members to post listings for all agents to see. It helps give your property maximum exposure to the market.


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7. Realtor or real estate agent? A Realtor is a real estate agent or broker who belongs to the National Association of Realtors. Its members are held to a code of ethics that may provide you some assurance that you will be treated fairly.

8. Talk turkey.  Your agent will be your personal real estate advisor, so he or she should be present at all contract negotiations. Doing this type of research is time consuming, but remember, you are entrusting one of your most valuable possessions to your agent. Take your time and choose wisely.



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