A Five-Point Checklist For Hiring An Exceptional Toronto Real Estate Agent
As one of the biggest investments you will make during a lifetime, it’s always advisable to seek professional help when purchasing or selling a home. This is especially true in the competitive Toronto luxury real estate market.
If you're in the market to buy, enlist the help of a qualified real estate agent who will work with you to find your dream home. Real estate agents have the skill and experience to understand what you are looking for and can suggest locations and homes that are a perfect match. They take your needs and preferences into account and go to work finding homes on the market that are right for you.
If you're looking to sell your existing home, a real estate agent's primary focus will be on marketing your home on the right channels to the right audience. Their goal is to sell your home at the best price, in the shortest amount of time possible. To improve your chances of selling your home for the price and within the time frame you want, they will guide you on how to prepare your home for sale with suggested repairs or staging.
Whether it's buying or selling a home, your real estate agent will negotiate the sale on your behalf. In addition, your agent will likely have a network of trusted mortgage brokers, lawyers, and home inspectors to help you complete the transaction.
While there are several reasons why you should hire a real estate broker, picking the right one can be an overwhelming task. These days, it seems like there are an abundance of agents ready to help you buy or sell a home. To help you find the right broker to help find your dream home or successfully sell your existing home, here’s a list of five qualities to look for:
It’s important to look at a realtor's track record when hiring a salesperson to represent you. It’s important to find out where the realtor does the majority of their deals and what types of properties they specialize in. If the realtor has already done some deals in the neighbourhood that you are looking to buy or sell a home in, they should be able to provide valuable insights with that experience. Understanding how long a realtor has been working in real estate will also help you understand their level of experience in dealing with different property types and situations. RECO can provide lots of valuable insight if you are researching agents in Ontario.
It’s essential to meet with a variety of realtors before deciding who is going to represent you during your transaction. You need to find someone who has your best interests in mind and is not just looking to close a deal quickly. You need to get a feel for who they are. Are they genuine? Are they knowledgeable? Are they sales-oriented? Do they have an in-depth understanding of what your needs are? These are questions you must ask yourself before hiring an agent.
3. Marketing Skills
What has the realtor done when advertising and marketing listings in the past? Just putting it on MLS is not sufficient! What types of photos are they taking? Are they high definition photos? Will they show your house in the best possible light? Do they ofter videos for virtual tours? Do they have all of the professional resources at their fingertips? Where (magazines, newspapers, social media, etc.) are they advertising?
It might also make sense to look at the agent’s social media accounts. It’s important to understand what types of exposure are more important for your listing. For instance, homes with an entry-level price point might require more social media exposure. You need to ensure that your agent will be targeting the right buyers or sellers.
Understanding a real estate agent’s network will also help you understand the added value, which they can provide. If your representative has an extensive network of planners, builders, and tradesman, they can draw on a large number of resources, which some agents might not have at their disposal.
5. Full-time Commitment
It's also important to understand whether the agent is practicing real estate full-time or part-time. An agent who is practicing real estate part-time might not be able to provide the same level of insight and attention as someone who practices day in and day out.
If you’re looking for a real estate broker in Toronto, Forest Hill, Cedarvale, Yorkville and the surrounding areas, consult the experts at Jordan Grosman Group. With over fifteen years of experience, we offer a complete suite of real estate services to deliver exceptional client experiences in buying or selling homes across Toronto. To learn more about the services we provide, visit our website by clicking here. To view our sales portfolio, please click here, or get in touch with us by clicking here.