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subject: Tips On Getting The Right Real Estate Agent In Latin America [print this page]


A real estate agent is an individual that represents property owners regarding the purchase or lease of properties. These individuals are expected to be professional, experienced and helpful to their clients. Here are some tips in finding the right representative for your needs when purchasing property in South America.

Professional. Each South American country has an accreditation system to determine who are authorized to practice the profession. Individuals need to undergo a course and then pass a written exam in order to obtain a realtor license. The state maintains a list of those professional realtors with authority to sell property. When the real estate agent does not have a license or has an expired or cancelled license, the property sale can be cancelled altogether. Thus, to find the right person to enlist, do some research on the licensed brokers in your area, see their listings and go to their open houses to meet them and see for yourself as to their mettle.

Experienced. One of the main jobs of the real estate agent is not only find a buyer, but also let the seller's demands be met by the buyer's offer. This would include a list of things that the buyer would demand redone or refurbished, or the so-called deductions list, in order to make the sale. The agent would thus need to find ways to improve the property without necessarily incurring more cost, to make the property acceptable to the buyer. This requires not only convincing power but also a lot of experience gained from many previous discussions and transactions. To find an experienced realtor, do a due diligence research on previous sales made as well as problems that have been resolved. This research would also help in finding out if there were bad experiences concerning the work of this particular individual.

Helpful To Clients. One of the problems many sellers have is their real estate agent not reporting progress or being unreachable for long periods of time. This person is entrusted to find the right deal for your property. Thus, discussing with the clients as to the property, the open houses, the visits from prospective clients as well as the negotiations on the property. Another part of the assistance that would be provided regarding documentations in the transfer. This includes tax payments and title transfer once the sale is finalized. The good agent would discuss these documentary requirements as part of the services provided for the client.

As can be seen, there are particular qualities that a professional must possess. The qualities include being professional to the clients, experienced in dealing with client requirements as well as be helpful in assisting their clients. When all these are found with a particular real estate agent, engage them to represent you for the sale and transfer of your property.

by: Bobby Castro




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