Calgary REALTOR - How to Choose the Right One
Calgary REALTOR - How to Choose the Right One
Calgary REALTOR and Choosing the Right One
Are you currently looking high and wide for aCalgary REALTOR? Or maybe you have decided to make a move and you are not sure where or how to start your search.
There are currently just over 5000 Calgary REALTORSas of March 25th according to theCalgary Real Estate Board. There are a few stats that I have heard that perhaps you should consider before you start your Google search or begin asking your Facebook and Twitter friends forREALTORreferrals.
Now bear in mind I am not able to substantiate these stats however they come some pretty reliable sources! The first one relates to the number of REALTORSthat actually closed a transaction in 2009...Out of the approximately 5300 licensed Agents at the time only40% actually did a transaction!
That is60% of 5300 Agents NEVER helped someone buy or sell a home! In 2010 there wasn't much difference in that stat..in fact it got a little bit better coming to about 50-50, that is 50% of all Agents helped sell or buy a home.
So what do these stats mean?
Well it means that in selecting theCalgary REALTOR that you want representing you, you need to be careful. You will need to make sure that the Agent you interview is actually (in my opinion) a full time REALTOR. That the person you interview can give you stats on their sales history and that they have a proven record, and also what additional training they may have to be able to help you out.
There are a lot of part time REALTORSout there and the stats above give proof to that statement. I feel I can honestly speak to this because I started out as a part time REALTOR4 years ago. I quickly realized that I was doing a disservice to my clients in "wearing two hats". I needed to make a decision, and did so in April of 2008, when I left my 6 figure a year job to go into real estate.
Calgary REALTOR"Interview" Questions
Here is a quick checklist of questions I suggest you ask at the time that you are interviewing your Calgary REALTOR, not only for listing your home but also for buying a home:
Here is a list for the Buyers:
Are you a Full Time Professional REALTOR?
Do you Specialize in Buyers and do you have additional education for this?
How well do you know (insert neighborhood or city here)?
How do you get paid?
Do I have to sign a Buyers Brokerage agreement?
What are the top three things that seperate you from your competition?
Do you have a step by step process for us to get started?
Here is the Sellers List:
Are you a full time REALTOR?
How long have you been selling real estate?
What is your sales to list ratio? Meaning how many homes that you list...sell?
How many listings do you typically carry?
Do you have a detailed marketing plan? Do you have an online presence? Do you use video or virtual tours?
How will you keep in contact with me?
How do you determine price?
Can you give me tips on making my home saleable or marketable?
How much do you charge?
Can you provide me with references?
Searching Online for your Calgary REALTOR
According to NAR or the National Association of REALTORSout of the US, 92% of all buyers and sellers are starting theirsearch online not only for their next home but also for a REALTOR
Something I can suggest to you if you are not sure where to start is ask your friends and family for referrals. Go to Facebook and Twitter to see if you can get some solid leads on finding a Calgary REALTOR.
Also for the people that you choose to interview, make sure to do a Google search on them to see what kind of "digital footprint" they have. This is in my opinion is one of the most important things in being able to market homes and help buyers find homes. Not having a web presence in 2011 is a HUGE mistake for the average REALTOR.
If you liked this article and you are looking for a home in Calgary or you are looking to sell make sure toCLICK HERE to contact me!
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