What to Look for in a Trusted Real Estate Agent?

by Lukasz Kukwa

When it comes to buying or selling a property, having a trusted real estate agent by your side is essential. But with so many agents out there, how do you know which one to choose? In this blog post, we will discuss what to look for in a trusted real estate agent and the top three ways they can help you.

If you're looking to buy or sell a property, the right Realtor can be an invaluable resource for you. Especially, one who has an in-depth market knowledge and a well-defined process that can help you achieve your goals and navigate the complex buying or selling process. By hiring a Realtor, you can alleviate the stress and risk off your plate and benefit from their expertise in negotiating the transaction and all its phases.

What are the top ways a Realtor can help you when hiring one?

Realtors are skilled at listening and understanding your interests during the transaction process. Their role is to set the right expectations for you before, during, and after the sale, ensuring that you get the best outcome in the short and long term. They can provide valuable insights into the market and help you make informed decisions to achieve your desired results.

In addition to their expertise, Realtors have access to a vast network of resources that they can leverage to assist you. They can provide you with a list of reputable lenders, inspection companies, attorneys, accountants, financial planners, home improvement professionals, and more. They are also well-versed in all paperwork, contracts, addendums, and legal aspects of the transaction, and they can walk you through each step of the process, ensuring that you understand everything and are comfortable with each decision you make.

It's important to remember that hiring a Realtor is a service-based industry, no different from hiring a mechanic, plumber, electrician, or lawyer. So, it's essential to choose the best one that meets your needs and wants. With their expertise, resources, and process, Realtors can help you achieve your real estate goals while making the buying or selling process as smooth and stress-free as possible.

What characteristics should you look for to find a trusted agent? 

Someone who is an advisor over a salesperson.

When it comes to buying a home, finding the right agent can make all the difference. It's not just about finding someone who is professional, ethical, and trustworthy, but also someone who truly has your best interests at heart. In an industry where many agents are simply looking to close deals and move on to the next one, it's important to work with someone who values the relationship with their clients above all else.

A truly valuable agent will never pressure you into buying a home just for the sake of making a sale. Instead, they will take the time to understand your unique needs and goals and work tirelessly to help you find the perfect home for you and your family. This type of approach can lead to the best possible outcome in your home purchase and ensure that you feel confident every step of the way.

At the end of the day, you are the ultimate decision maker, and a good agent should act as your coach, guiding you through the process and providing expert advice and guidance along the way. You should never feel pressured or rushed, and your agent should always be transparent in their dealings with you. By working with an agent who truly has your best interests at heart, you can rest assured that you are making the right decisions for yourself and your family.

Someone who understands how a home is put together.

It's important to have an agent who not only knows how to sell homes but also understands how homes are put together and function. Many agents lack this knowledge, which can result in them not being able to explain why one home is better than another or identify potential issues that could impact a home's durability in the short and long term.

While you will have the opportunity to do inspections and due diligence, it's important to recognize that inspections are only visual. Having an agent or team who is well-versed in construction can be a significant asset to you. By working with an agent who deeply understands how homes are constructed, you can gain valuable insights into the quality of a home and identify any potential issues that may arise in the future.

As a homeowner, you will be responsible for any issues and fixes that may come up after the sale. Having a construction-savvy agent or team by your side can be a game-changer, providing invaluable insight into a home's short-term and long-term durability. After all, as a homeowner, you're responsible for any issues or fixes that arise, so you want to make sure you're getting the best available home and working with someone who will be there for you before, during, and after the transaction.

Relationship over Transactional Business Mindset/Model.

In the world of real estate, there is often a lot of focus on awards, rankings, and volume of homes sold. However, what is often overlooked is the type of service that clients are actually receiving. It's important to remember that these accolades don't necessarily equate to good service.

As a homeowner or buyer, you deserve to work with someone who values relationships over transactions. A real estate agent who prioritizes building relationships will have your best interests at heart and will take the time to understand your unique needs and desires. They will work tirelessly to ensure that the home you buy is the right one for you and your family, and that you are fully prepared for the journey ahead.

On the other hand, an agent who is purely focused on transactions and volume may rush you through important parts of the process, leaving you unprepared for any issues that may arise after closing. This could ultimately leave you responsible for any costly repairs or renovations.

In short, it's essential to choose a real estate agent who puts relationships first. By doing so, you can be confident that you will receive the high-quality service and support that you deserve throughout the entire buying or selling process.

Someone who is helping you understand the myths & misconceptions that exist in the industry.
 
The real estate industry can be overwhelming with the amount of information and advice out there. However, not all of it is accurate or beneficial to you as a buyer or seller. Many of these myths and misconceptions are self-serving and put out by those who are only interested in making a commission. It's crucial to be aware of this and work with an agent who is committed to providing you with accurate information and helping you make informed decisions that are in your best interest.
 
At the end of the day, purchasing a home is a significant investment that can have long-term consequences. You want to work with an agent who listens to your needs, sets realistic expectations, and helps you come up with a game plan that is tailored to your unique situation. An agent who is transparent and trustworthy will help you navigate the buying or selling process with confidence while avoiding any myths or misconceptions that could lead to regret in the future. Don't settle for an agent who is simply looking to make a quick sale. Look for someone who is committed to providing you with a valuable service and a successful outcome.
 
Can a Realtor connect you with financial experts?
 
Buying a home is a significant financial investment, and it's essential to have a clear understanding of your financial readiness before starting the process. That's why it's important to work with a Realtor who can connect you with financial experts who will help you make informed decisions for your short and long-term financial success. Contrary to popular belief, getting pre-approved for a mortgage should not be your first step. Speak with a financial advisor who can assess your financial readiness, review your budget, optimize financing options, and provide advice on managing your finances. This way, you can make confident decisions based on your unique financial situation. A Realtor who values your long-term financial success will work with you to connect you with trusted advisors who have your best interests at heart. Don't settle for self-serving advice from lenders or agents who prioritize their commission over your financial well-being. Work with someone who will go above and beyond to provide transparent and objective advice and help you make the best decisions for your financial future.
 
What type of specific home-buying advice can a Realtor provide?
 
Here are some suggestions and advice that I provide to my clients to help them prepare for their home purchase and to debunk some common misconceptions about homeownership:
 
Your primary residence is not necessarily an investment.
While owning a home can provide potential appreciation and equity over time, it should not be viewed as a guaranteed investment. A primary residence is typically used for personal use and enjoyment, rather than generating income or profit. It's important to consider personal factors and ongoing expenses such as taxes, maintenance, and repairs, along with economic downturns and housing market changes. Ultimately, the decision to buy a home should be based on individual circumstances and goals.
 
Owning a home is not always cheaper than renting.
While owning a home offers long-term financial benefits, there are also many upfront and ongoing costs associated with homeownership that can make it more expensive than renting. The decision to rent or buy ultimately depends on individual circumstances, financial readiness, lifestyle, and future plans.
 
The real estate market is not always going up.
The real estate market is subject to fluctuations, just like any other market. Economic conditions, interest rates, and supply and demand all play a role in its direction. Before making any investment decisions, it's important to conduct thorough research and analysis. While real estate values tend to increase over time, home values have declined during several periods in history, including the Great Recession.
 
Not all agents and lenders have your best interests in mind.
Unfortunately, some agents and lenders prioritize their own interests over those of their clients, which can lead to conflicts of interest and unethical behavior. To avoid this, home buyers and sellers should do their due diligence by researching reputations, asking for references, and interviewing multiple agents to understand their business models and options. Don't hesitate to terminate the relationship if an agent or lender is not acting in your best interest.

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Lukasz Kukwa

+1(908) 591-0900

lk@makingnjhome.com