Qualities to look out for in a Real Estate Agent

By John Anderson

Melbourne Valuers

Entering into the property market can be a stressful investment, so it’s important to have a reputable professional in your corner that you trust to help ease the process. Your real estate agent should be your guide to help you make an informed decision based on your needs and requirements. Whether you’re buying or selling, your real estate agent is the one to help manage your expectations and to help you find a property that ticks all of the boxes.

The property market can be a tumultuous place so having someone with an extensive background in your local area can really simplify the process of the buying/selling process.

However, seeking out a real estate agent that suits you and understands your requirements means doing some research of your own to make sure you will find the right one for you.

Your real estate agent should be someone you feel comfortable with and trust – remember, this is one of the most influential life decisions you’ll make. You want to ensure that you’re trusting someone who knows the market inside and out. Here are a few qualities to look out for to ensure this is the case:

Extensive Knowledge

One of the most influential benefits your real estate can give you is their knowledge. Your real estate agent should have a thorough understanding of the local market, its stability, recent sales, median house prices, and average number of days spent on the market. This is the kind of information that dictates the overall stability of the market, which make a huge difference on the what’s available. They’ll also have a good indication as to whether it’s a good time to buy or sell based on variables such as buyer sentiment and the supply/demand ratio. A real estate agent with a good grasp on the state of the property market as a whole and the local market will be able to help you make the right decision for you.

Good Connections

The Real Estate agent community is significantly large and can be used to your advantage if you seek out a quality real estate agent to help you. Many real estate agents rely on their networks for purchase and sale opportunities, even financial managers, lawyers and the best property valuers Melbourne can offer. Having these connections at your disposal can not only help you find the right property for you, but they can also put you in contact with professional firms before and after the sale.

Furthermore, being able to rely on these connections means having more of an opportunity to help find the home that you’re after. This can take away a huge amount of stress, especially if you require a lawyer or are seeking a valuation to prepare to sell or buy the home.

Keeps you in the loop

This one is probably one of the most important when trusting your real estate agent. While it’s paramount that your real estate agent has the understanding of your expectations and the property market, you also need to be informed of any updates or obstacles.

Transparency is paramount when dealing with your real estate agent. With this being said, you want to be able to trust that your real estate agent can give you the information that you need to make an informed decision. This means providing you with the right information about potential buyers, offers, any obstacles in related to the market and any other information you have requested.

In saying this, it’s also important to have a real estate agent you will do what they say they are going to do, in the timeframe they set with you. Real Estate agents are meant to ease the process of buying or selling your home, not make it more stressful. Having a real estate agent who is willing to work with you and be realistic about how they can help will make a huge difference throughout the entire process.

They are clear with what they can do for you

No one likes being let down, and no one likes being given false hope in regard to what’s attainable or not. Having a real estate agent that can manage and meet your expectations only works in your favour of building a trusting relationship with them. If you find yourself being let down multiple times by your real estate agent in regard to timeframes, expectations, or are receiving radio silence, then perhaps it’s time to make the switch.

Seeking out a real estate agent that will suit your requirements requires some dedication to research. It may be completing some light research online, speaking with friends or family, or requesting a face-to-face meeting with a few of your local agents to find the best fit for you. From here, you can quickly establish what agents have the knowledge and the personality that you are willing to work with. Entering into the property market is a stressful time, so it’s important you have someone that you can trust to guide you and lean on when you’re faced with some difficult decisions or unseen obstacles.

When it comes to taking the next step into the property market, choosing the right real estate agent for you is one thing, but you also need to know that you’re over-paying or under-listing the value of your home. When it comes to these decisions, seeking out a quality property valuation service will be able to give you an accurate report on the true value of your property.

Melbourne Property Valuers Metro are trained, certified, and registered with the Australian Property Institute (API). Each valuer has over 20 years experience to help you with your property’s value.