How To Screen Your Ocala Real Estate Broker

By | May 21, 2023

For first-time home buyers, it is important to know who you’re dealing with when it comes to looking for the appropriate housing option for you and your family. Home buyers know that it is vital to size up and verify the credentials of potential real estate agents before deciding on whom to hire.

In these times where scam artists abound, it helps to be wary of agents who don’t ask you questions and probe for your motivation. Just as you shouldn’t work with any agent off the street, credible real estate agents are also just as selective about their clients, too.

When thinking of relocating to Ocala, Florida, it would be best to acquire the services of a professional local realtor, as these individuals have greater information on local market conditions, as well as on the prevailing home prices in Ocala and Marion County.

Online Agent Listings Are A Good Way To Find The Right Broker

At present, there are many websites that will refer agents to you, however this is no assurance of quality. The agents they refer are those who may have paid the website owners a fee to be listed in their directory. A good thing would be to,check on Google the top real estate companies in your area, go to their websites, and search for the profiles of individual agents in your town or city . Also, look for testimonials by satisfied customers.

How To Grill A Prospective Real Estate Broker

In making sure you get a good broker to help you with the process of buying a home, asking about references is a good start. As everybody has references, it would be a nice start to ask prospective brokers about getting references from their previous employers. Also, ask a broker if you could call their references and make additional questions. Here are other nice questions to ask prospective brokers.

- How Much Do You Usually Charge?

All real estate fees are negotiable. Typically, real estate agents charge a percentage, ranging from 1% to 4% to represent one side of a transaction, which could be either a seller or a buyer. A listing agent may charge, for example, 3.5% for herself and another 3.5% for the buyer’s agent, for a total of 7%.

- What Kind of Guarantees Do You Offer?

If you get a listing or buying agreement with the agent and later find that you are unhappy with the arrangement, will the agent let you cancel the agreement?, or will the agent stand behind her service to you? Ask them what is their company’s policy with regards to canceled agreements, and verify if anybody has ever canceled an agreement with them before.

- How Long Have You Been in this Field?

This probably is the most important thing to ask, however there’s nothing wrong with a new agent that a little experience won’t fix. It would also be wrong to say that freshly licensed agents aren’t valuable, or good enough. A lot would depend on whether they have access to competent trainers,and the level of their training. Newer agents tend to have more time to concentrate on you. Some brokers with 20 years of experience repeat their first year over and over. Other experienced agents learn something new every year.

- Grill Them On Their Marketing Plans And Strategies

As a home-buyer, you will need to know important facts, like how will you search for my new home?, how many homes will I likely see before I find a home I want to buy?, will I be competing against other buyers?, and, how do you handle multiple offers?. It helps to find out in the early stages, how your broker plans to find the best home for you.