Buying or selling property in the Denver area can be a daunting task that requires patience and knowledge as well – small wander that many people engaged in buying a new home or in selling their property turn to realtors to handle the transaction on their behalf. If the solution seems the best way to find the right seller or buyer, here are some tips about how to find the best realtor for your project.
Get a Pre-Approval / Valuation
If you are on the market to buy a new home, one of the most important things that you should find out is how much you can actually spend on the property. To figure that out, you need to take a close look at your finances calculating the difference between your income and your expenses. It is a good idea to contact a mortgage lender for a loan pre-approval letter before you even start the home purchasing process – the document will tell you how much you can spend on your new home and it will also prove to the seller of that ideal home that you are reliable buyer.
If you are in the process of selling your property, the first step should be the calculation of the correct selling price. To get that price right, it is a good idea to get your property valuated by an expert who will calculate how much you can ask for your home based on the property’s location, condition as well as based on the price asked for properties that have similar parameters.
Get Referrals and Do Some Online Research
Word of mouth is a very reliable source of information. When looking for a suitable realtor, you can turn to the people you know, including your friends, your family, your neighbors and your coworkers, asking them to recommend you realtors if they know any. You can look for realtors listing homes for sale in Denver neighborhoods you are most interested in.
In the next phase, you should perform additional checks on the names recommended to you and you can also get more names through your own research online. Most established realtors have websites where you can find out about their area of expertise and their qualifications. You can also check the certifications obtained by the realtors you consider good options by running checks on their names on the websites of professional bodies.
Interview Multiple Candidates
Personal impressions are very important, so pick at least three or four candidates from your list of potential experts and schedule personal meetings to discuss your transaction. Prepare a list of questions regarding the buying or selling process and ask them all during the meetings. Pay attention to the way the realtor communicates, to how willing they are to answer your questions – the client-realtor relationship should be one based on trust, so pick a professional that you feel comfortable working with.
Read the Contract
You should not give the go-ahead to any realtor before signing a contract that includes the services that your realtor provides and the price that you will be required to pay for the services as well.