How to Hire a Reputable Real Estate Agent in Delray Beach
Delray Beach is a hot real estate destination. Known as the “Village by the Sea,” this small city has a great climate year-round, beautiful beaches and easy access to South Florida’s art, shopping and restaurant scene. It is also near Fort Lauderdale International Airport, Miami International Airport, and Palm Beach International Airport, making it easy for any traveler to reach any destination.
More than 30,000 people moved to Florida each month in 2017, and Delray Beach’s population steadily grew from less than 50,000 in 1990 to more than 65,000 last year. That said, it’s important to find a quality real estate agent that will help a buyer save money or a seller close on a deal quickly.
Whichever agent makes the final cut, buyers and sellers will find options in Delray Beach. It benefits from the state’s lack of individual income taxes and estate taxes. Data from the Realtor’s Association of the Palm Beaches shows the median price of homes increased 8 percent in 2017, and closings increased 2 percent. Delray Beach is a great place to raise a family, launch a business or enjoy the retired lifestyle.
Ask these questions to find the best real estate agent for you in Delray Beach:
The first way to find a real estate agent in the area is by conducting a quick search online. This will help narrow down the list of agents by their number of years of job experience, number of homes sold and the price range of homes that they work with. Experts suggest agents with a minimum of five years experience.
There are several key questions to ask a real estate agent during the initial interview. If it’s unclear, ask how long they have been in the business. Next, inquire how long they’ve lived in the area. Look for an agent with intimate knowledge about the neighborhood you’re shopping in.
Gauge the agent’s availability by asking if they work with a team and asking outright if they’re working full-time. Potential buyers can miss seeing fast-selling properties and sellers might see their home on the market longer if their schedules don’t match with the agent. Ask about the agent’s list-price-to-sales ratio. An ideal listing agent will have a ratio closer to 100 percent, while a buyer’s agent will have a ratio under 99 percent.
It’s important to discuss with an agent how they will find or sell a home. An agent should be able to fit the buyer or seller’s needs, whether they are looking to buy a beachside vacation room in a larger building or downsize the family home. For buyers, ask how the agent handles multiple offers and how many homes on average they will show. As for sellers, ask how they plan to advertise the home. Check to see if the home is advertised online and see if the agent has any concerns about the home that can slow down its sale.
Don’t be afraid to venture into legal issues during the agent’s interview. Buyers should ask if they can see documents before signing them, such as the broker agreement or agency disclosures. Sellers should ask for the listing agreement and seller disclosure. Another key question is what would happen if there was a need to cancel an agreement, and if the agent has handled a canceled agreement in the past.
Before ending the interview, ask the real estate agent if they can provide references from previous clients. If possible, question previous clients on their asking price and sales price. As for sellers, seek information on how long the client’s properties were on the market and if they were similar in price or location.
With the interview over, it’s still important to do research about the agent online. Most agents belong to the National Association of Realtors, and they are required to abide by a strict code of ethics. Check to see if their license is current and try to find if they faced any disciplinary actions in the past. Another tip is to check if the agent has received any professional awards. The key is finding an agent who is honest and dedicated to serving the needs of the buyer or seller.
– Written by, Sam Casteris is an aspiring writer who
loves writing about all things real estate and travel.
You can check out her work on Contently.
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