(NEW YORK, NY) — Buying or selling a home in New York is not an easy task. Finding the right broker can be the difference between a smooth experience and a bumpy, bumpy ride.
But for those who are first-time buyers or sellers, finding a broker who has your best interest in mind is much harder than it seems.
We did some research and compiled a checklist for those looking to make the right decision the first time around. So, take out a pen, get comfortable, and prepare for the possibility of needing a new agent.
Stay away from brokers who only know the word “yes.” A broker who tells you everything you want to hear does not have your best interest in mind. Selling a house will come with good news, bad news, and everything in between. Get a broker who will tell you to list your home at a reasonable price. Remember, they’re the experts.
Does your broker answer your questions about the market with facts, or do they offer anecdotes? A broker who not only listens to your questions but also knows the market is a crucial ingredient in a successful outcome.
How do you communicate with your broker? Are they hard to get in touch with? Do you prefer email but are bombarded with phone calls and text messages? A broker’s job is to cater to you.
Is your broker showing you affordable properties?
Don’t waste your time following someone else’s agenda. If you notice your broker is showing you properties that don’t suit your needs, then they are either not listening to you or don’t have your best interest in mind.
Pick a broker who knows the market in the neighborhood where you’re house hunting. A competent broker is ideal, but make sure they are competent in the areas that are important to you. A broker with experience in your area of interest will not only be able to provide valuable insight, but they may also have connections and relationships in the area.
Research your broker! In the real estate world, impostors are on the hunt to scam first-time buyers and sellers. Do your research!
“To be successful in real estate, you must always and consistently put your clients’ best interests first. When you do, your personal needs will be realized beyond your greatest expectations, ” said Anthony Hitt, president & CEO of Engel & Völkers Americas.