Housing hunting is an exciting time. It can, however, be stressful as well. This is why it is important to have a realtor you can trust by your side. There are a number of professionals available, but unfortunately they are not all trained equally. Instead of falling into the hands of a realtor who wants the biggest commission rather than new happy homeowners, know how to find the right realtor. The search for your realtor comes before the house hunt.
Realtor vs. Real Estate Agent
Many people do not realize there is a difference between a realtor and a real estate agent. Training begins for both titles with 30 to 90 hours of classroom education dependent on the state. Then the person must pass a state exam in order to obtain their real estate licensing. This is a real estate agent. A realtor goes a few steps further to guarantee their knowledge of buying and selling. He joins the National Association of Realtors, takes more online courses, and must pass another test. Realtors are required to hold themselves to a strict code of ethics and practice agents do not. While there are many real estate agents, only half of them go on to qualify for the realtor title.
Seller vs. Buyer
Most realtors qualify as sellers and buyers. When you choose yours, ensure he specializes in your needs. If you are selling your house, you want a seller. Likewise, a buyer wants a buyer. This is important simply due to the obligations each has. If you use a real estate agent in Colorado that is a seller, his duties are not to you. He may, for example, give the seller vital information like what your top bid is. A realtor focused in buying keeps this information secure to get you the best deal. You can look for a buyer’s broker who is required to keep your information private.
Other Characteristics for Your Right Realtor
Outside of titles and licensing, you need to ensure the characteristics of your realtor match your needs. If you are house hunting in Colorado, for example, you want someone with an extensive knowledge of the area. He gets you the right neighborhoods and amenities you are searching for. Other items to consider include
- Membership with MLS or other cooperative network
- Full time career
- Negotiation Ability
When you are searching for your dream house, start it off with the right realtor. Ensure he has an active license and is attune with your goals and needs. If you need help in your house hunt in CO, look to David Person with Colorado Homes Connections. He is an active and licensed realtor ready to put a smile on your face.