How to Find a Good Real Estate Agent in Denver
Selling a Denver home requires getting a good real estate agent who will help you with the pricing, marketing, buyer screening, negotiation and finalization of the deal.
Collecting Prospects
Search tools provided by national association of realtors or other industry associations on their websites are good sources of referrals, along with your friends, relatives, coworkers and other people you can trust. If you are searching for websites, you can begin here at http://en.wikipedia.org/wiki/Real_estate. Concentrate on agents with credentials that suit your needs. There are agents, for instance, who specialize in the sale of luxury homes, single family houses, and so on.
Throwing the Right Questions
You want an agent from the site at foothillsrealproperty.com who knows the ins and outs of your area in Denver, but if he's got many signs in the neighborhood, he may not be a good choice. If the agent can't seem to come up with any important inputs on market prices or issues about the condition of your property, be curious. Can he really find you a buyer or will he stick to bringing people into your yard? When you interview each of your prospects, expect them to give you a comparative market analysis, which is a comparison between your home and all other similar homes that are up for sale in your neighborhood, and statistics showing the most recent property sales in the area. These two are important so you can better understand why your home must be given a certain price. In any case, an agent promising to sell your home the quickest and at the most attractive price is a red flag.
Who They Work For
In Denver, real estate agents are required by the state to disclose their agency relationships to home sellers at the start of the transaction. But definitely, the agent who only serves your financial interest all through the process can give you the most benefit. If an agent wants a designated agency arrangement (your agent and that of the buyer are working for a single brokerage firm) or a dual agency arrangement (the agent acts both as your agent and the agent of the buyer, hence pocketing all of the commission to himself as opposed to splitting it with the buyer's agent), don't think twice about decreasing the commission accordingly.
According to experts, agents should have a team that they can work with, or at least employ one assistant. Besides, home sale advertisements are no longer restricted to your local papers. There are now several methods to use and several scientific approaches to selling real estate. However, you would also want to make sure that you are able to get in touch with your Denver real estate agent directly and not limit your communication through assistants. To avoid being very anxious about how the transaction is going on, be clear with your agent how often he will give you updates.
Signing the Contract
You must ask your Denver agent how long the listing contract will be valid. A slower market means the agent is going to demand that the contract stay in effect for a longer time. Anywhere from three to six months is generally good. It could take longer though - maybe a year - for homes that don't sell quickly, such as mansions worth over a million dollars. Agents would never want to lose the listing since they have spent a lot of money trying to market the property.
