How to know if a Real Estate Agent is Legit
Monday Mar 21st, 2022
When you're looking for a new home, the process can be daunting. There are so many things to think about - the location, size, budget, and more. But one of the most important decisions you'll make is who to work with when buying a home. You need to find a real estate agent who will help you navigate the process and represent your best interests. How can you be sure that you're working with a legit agent? In this guide, we will be providing some top tips to make sure you make the right decision when choosing a Real Estate Agent to represent you when buying or selling your home. Let's get started!
What is a Real Estate Agent?
Real estate agents are professionals who help people buy and sell property. They work with buyers to find the right property, and with sellers to get the best price for their home. Real estate agents have a lot of knowledge about the real estate market, and they can help you through the entire buying or selling process. They provide many benefits to home buyers and sellers including:
- Saving you time and hassle.
- Getting you the best possible price for your property, or finding a home that meets all of your criteria.
- Allowing you to find peace of mind in knowing you're doing everything right.
- Reassuring you that you have a professional who is ready to answer all of your questions and guide you through the buying/selling process.
Having said that, when you're ready to buy or sell a home, it's important to find a real estate agent that you can trust. Here are some tips on how to assess if a real estate agent is legit:
Tips for Assessing if a real estate agent is legit:
When looking for a real estate agent, it’s important to do your research first. Here are a few tips to help you find a legitimate agent:
When working with a Real Estate Agent, take the time to ensure that the prospective agent is licensed and insured. In order to check to see if the prospective agent has a valid license, you can do this by searching for their name on the CREA website or contacting your provincial or territorial real estate association. If they don't a valid license, they're not a legit real estate agent.
Ask for referrals from friends and family.
The best way to find a good real estate agent is by asking for referrals from friends and family. They will be able to recommend agents who have helped them in the past and who they trust.
Do your research.
When you have a few referrals, the next step is to do your own research. Look up each agent online and read reviews from past clients. This will help you narrow down your list to the most qualified candidates.
Once you've found a few agents that you're interested in working with, it's time to interview them. During the interview, be sure to ask about their experience, their success rate, and what they think makes them the best choice for you. You can also ask for a free evaluation to better gauge the expertise and knowledge of the prospective agent. With this information, you'll be able to make an informed decision about which agent is right for you.
Online review sites like Yelp and Google Reviews can be helpful in getting unbiased information about an agent’s performance. Make sure to also view directory sites, and take the time to analyze the potential Real Estate Agents website to ensure that he/she is legit and has had past success with other clients. Finally, make sure you feel comfortable with the agent you're working with. If something doesn't feel right, trust your gut and move on to someone else. There are plenty of great agents out there, so there's no need to settle for anything less than the best. You can also always attend open house opportunities as these provide a great environment for realtors and potential buyers to connect.
Red Flags to Watch Out For When Looking for a Real Estate Agent:
When looking for a real estate agent, it is important to be aware of the red flags that may indicate an agent is not legitimate. Some warning signs to look out for include:
- Requesting large sums of money upfront
- Claiming to have exclusive access to certain properties or areas
- Asking for your Social Security number or other personal information before you've signed a contract
If you encounter any of these red flags, it is best to proceed with caution and do more research before hiring that agent.
All in all, we hope this guide gave you some insight on what to look for when determining whether or not a Real Estate Agent is legit and right for you. If you are interested in working with a credible and experienced agent, feel free to contact me today or give me a call at (416) 564-6611.