Hiring a real estate agent in Philadelphia can be frustrating. So what are the steps on how to find a good real estate agent in Philadelphia?
Many local real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible, whether online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Philadelphia.
However, the agents backed by the most promotion dollars aren’t always the best and may not be a good fit for your circumstances. In today’s piece, we will look at how you can find a good real estate agent in Philadelphia.
[NOTE: If you need to sell my house fast Philadelphia, and can’t wait for the 3-6 months+ it is taking to sell a home on the local market… we may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition. ]
How To Find A Good Real Estate Agent In Philadelphia – Get Reviews… Real Reviews
Online reviews of real estate agents are easily manipulated and can be often times little more than paid advertisements. It’s important to get honest reviews from any agent you’re considering, and any reputable agent will be glad to provide you with recent clients. They always should have a good track record if you plan to use the real estate agent.
Also, reviews are one of the best ways to see how any real estate professional does out in the marketplace.
As a last way to check out the agent… hit Google and type in “[name of agent] reviews” and see what pops up in the Google search. If you see many bad reviews on websites like yelp and others… see if the agent tried to engage with those negative reviewers online to resolve the situation.
Ask the Right Questions Of The Local Philadelphia Real Estate Agent
Ask the agent (or better yet, his or her former clients) the following questions to gauge the agent’s skill and ability to represent you as a buyer or a seller:
- Was there any part of the process of buying or selling a home that clients were pleased or particularly displeased with?
- What was the asking price?
- What was the sales price?
- What properties have you worked with in my location?
- What about similarly sized properties?
It’s essential to choose an agent who has experience working with homes similar to yours. The worse part is if you use an agent who handles home sales in Pennsylvania as a whole, they may not be so tailored to address your exact home. When they are local to your property, they don’t have that area knowledge but may have that leg up on other agents by having buyers lined up for your home before putting the house on the market.
Check The Real Estate Agent’s Credentials
Check with your state’s real estate regulatory authority to verify the agent’s licensing. While you’re on that website, you’re also often able to look into regulatory actions and complaints against the agent.
You should also ask the agent how long they have been buying and selling homes. If they’re representing an agency, ask how long they have been with that agency and their history with other firms. Usually, people want to go with the big companies you have every right to do. It will make you feel safer when it comes to selling your home. Most large companies have a good firm name to protect, which is what they will do.
Above all, it is essential to choose a real estate agent in Philadelphia that you can trust. Regular communication is critical when selling your home, as in many cases, a house represents the majority of your net worth. A good agent will be able to answer questions such as:
- How many inquiries have been made about my home?
- How many of these inquiries came from people likely to make a purchase (not just window shoppers)?
- What other properties in this neighborhood are for sale? What is the asking price of those homes?
Ask The Local Real Estate Agent How They Plan On Selling Your House
Sometimes going the direct route is the best. When looking for a local Philadelphia PA real estate agent, ask them how they intend on selling your house for you that the other agents in town won’t do. And see what their answer is.
Usually, the great ones have a marketing plan and will get your house out there and on the market in a big way. If they have deep connections to the local market, they could quickly sell a home in seconds if they have potential buyers lined up for homes.
This Is Where Low Priced Isn’t Always The Best
Oftentimes Philadelphia, PA, home sellers want to go with the lowest priced option.
Heck, when you look at the numbers… if a real estate agent is earning 3% on a $100,000 sale… that’s $3,000 in fees just to 1 real estate agent (usually, both agents representing the buyer and the seller earn commission)… it isn’t cheap. But do your research before you go with a cut-rate agent or a flat fee agent… because that usually means that the service you’re getting is also a lower level service.
Some of the best real estate agents in Philadelphia have great marketing systems and can sell homes faster and for higher prices. So even if you find someone to sell your house at a 1.5% fee… look long and hard at whether you’ll be saving money long term.
The same goes for selling your house to a local real estate investor. The highest-priced offer isn’t always the best. Look at the terms of the deal the house buyer offers you… and ensure they can close on time… because every month that goes by costs you money (your mortgage, taxes, insurance, utilities, etc.) to hold the property.
It’s important to avoid low-quality real estate agents. These could be “rookies” who will do anything to make their first sale (including leaving dollars on the table). Good real estate can make selling your home an extremely smooth experience and will work in your best interest.
So go out there and do your research and find a local real estate agent.
If you need to sell your house fast… we’d love to make you an all-cash fair offer on your house.
We can make you a no-obligation offer in 24 hours or less, and you can weigh that option against going with a real estate agent.
Just click the link below and fill out the short form on the next page to get the painless process rolling.