4 Tips for Choosing the Perfect Realtor

Are searching for the perfect property to purchase or rent? Or, do you need help managing or selling your property? If you answered yes to either of these questions, it’s important that you find the right realtor to help you. For some buyers and sellers, dealing with a real estate agent can be difficult and stressful. But, it doesn’t have to be. All you have to do is choose a reputable realtor like Coastal Realty Services that will deal with the logistics of real estate and guide you toward exactly what you are looking for. It’s the realtor’s job to make selling, buying or renting a property as easy for you as possible.

To ease your stress and make the process easier, follow these tips to find the perfect realtor:

  1. Speak to Recent Clients – Before you choose an agent, you should ask them for a list of their closings and listings from the last year. Also ask them to put you in contact with their recent clients. By talking with recent clients, you’ll get a first-hand look at the realtor’s strengths and weaknesses. You may find people who were exceptionally satisfied, and others who were very displeased and why they felt that way. You’ll also learn how long homes remained on the market and what the asking price was versus the sales price. If you’re selling your home, see if their properties were similar to yours in price, location and features. That way you’ll know if the realtor will succeed at selling your property.
  1. Do Your Research – Make sure you put in enough time to researching various realtors in your area. Most states have boards that license and discipline realtors within the state. Check with your state’s board to see if the realtor is licensed and if they have received any disciplinary actions or complaints against them. Also research what training they received and what credentials they have to be sure you find an agent who is experienced and well qualified.
  1. Ask Difficult Questions – Don’t be scared to ask a realtor tough questions. When searching for the right real estate agent, it’s important that you find someone who is familiar with your neighborhood or the areas where you wish to live. Ask about how many deals they completed last year, and how many of them were in your area or the area you’re interested in. For buyers, ask how the person will find you the right home, as well as how many places you can expect to see before finding the right one. For sellers, ask how the agent will market your home and where you will see your home being advertised.
  1. Shop Around – It’s never a good idea to choose the first realtor you find. Consider several realtors and then choose the one who appears to be the best fit. Also remember, it may take months to find the perfect home or sell your home, so choose an agent you get along well with.

 

 

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What New Landlords Need to Know

Wouldn’t it be great if there were a way for you to make extra money, without having to do much to earn it? If you have property in a nice area, you could make a significant amount of money by renting it out. An empty home, apartment, or even room could save you some money and help you pay for your vacations, college education for your kids or grandkids, and even your retirement.

Since renting can be so lucrative, some people are ready to post an ad on Craigslist as soon as they snag some property. Renting can provide you with some extra money, but it could cost you more than you’d like if you go about it wrong. When you’re new to the world of property rentals, you may not be aware of some of the realities of the business. Before you list your property, make sure to keep these things in mind.

Image of coastal home

Be familiar with renter/landlord laws

Standard renter/landlord laws and protocol seem like they would be simple, but they vary dramatically depending on where you are. Renters should of course be familiar with the rental laws in the state and locality they’re looking in; however, property owners need to know the laws as well, so that they can protect themselves. You’ll need to know what you’re legally responsible for providing when it comes to lease agreements and how to handle evictions. If you end up making a mistake, you could have an expensive lawsuit on your hands.

Don’t underestimate maintenance costs

How much money will it take to keep your rental property in good condition? Does it need roof repairs or electrical re-wiring? Have you noticed any drafts in your rooms? Do you have a solid heating system? If you’re going to be renting a property, you’re going to have to afford any repairs it may need. Too many landlords and property owners underestimate these costs and end up making a lot less than they originally thought.

Vacant property=money lost

Have you ever heard the saying that time is money? It’s very true in the world of real estate, but not in the way that you’d think. When you decide to rent your property, don’t drag your feet when getting it ready. Every day that you lay down new carpet, paint the walls or are just between tenants, you’re losing money. This is why some people use local property rental specialists to list so that they can find renters fast. If you choose to go this route, make sure that you find a company that is familiar with your area. For instance, if you have shore property, look for coastal realty services and their reviews to see if they’re good.