subject: Interviewing Your Toronto Real Estate Agent by:Robert Kennedy [print this page] Choosing one Toronto real estate agent from the many available can be a daunting task. Many people will work with an agent because a friend or associate recommended them. This is a great start, but you need to meet the agent and talk with him to decide if he is the best-suited agent for your specific situation. Agents have different competencies; some are more competent with selling and are therefore more helpful to the seller while others are skilled in buying. Moreover, some may be very familiar with various neighborhoods, property types and price ranges than others. This is the main reason why some agents may be good for you while others may not.
Some of the places where you can find agents include affinity groups, websites and credit unions. These are great places to start the process, but they should not be the end. In order to get the agent that will meet your particular needs, it is important that you first make a list of the various agents you have met on websites, open houses, affinity programs or those that have been recommended to you. Once you have done this, interview them so that you can find what you are looking for and find out what their qualifications are for the job.
You want to find out if the person you are dealing with is licensed to sell property in Toronto before you can start the transaction. Then move on to asking specific questions about them. Find out if the person works in real estate full time or if they just dabble with it on the side. A full time Toronto real estate agent will have more time to work on your deal and will also have more experience. Additionally, ask about any professional designations he or she may hold and if they are a member of the multiple listing service of the city of Toronto.
Asking after his track record is also a great practice. Find out how many houses he has sold in the last 12 months and ask for references of those buyers so you can call them and ask about the services rendered. If he seems edgy about this or hesitates, then you need to be wary of him. You need to find out how familiar he is with the area where you are looking to buy your home as well as the price ranges for that neighborhood.
Ask about the Toronto real estate agents vacation plans and if he will be away in the timeframe you will be buying your home. Also, find out if he has an associate, assistant or partner that assists him and what their qualifications are. You will need to know the exact process the agent will use to find your home. As you interview, be honest about what you require as well as your expectations of the agent. Ask for specific examples of how he helped people in the same situation as you and be keen to check if the agent is responsive and communicative. Having completed your interview, make the choice that will meet your needs and you should enjoy a smooth real estate transaction.
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