17/01/2023
HERE'S 5 THINGS TO CONSIDER WHEN SELECTING AN AGENT :
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1.Qualification :
Ensure the agent is registered with relevant regulatory bodies .This means they have applied to, and have been accepted by, the Property Practitioners Regulatory Authority, which among other requirements, means they have passed an examination that allows them to practice as an estate agent.
2. Referrals
Ask trusted friends and neighbours for referrals but don’t fall into the trap of believing rave reviews. Bear in mind that there are personalities that work well together, and others don’t.
3.Communication
Once you have a list of potential candidates, it is a good idea to send them a text message or an email. In this way, you can test their responsiveness. Ideally, you should hear from an agent within hours. Red flags should be raised for any longer than 12 hours unless there is a reasonable explanation.
4.Broad knowledge
The agent needs to have knowledge of both the local (micro) marketplace and the macroeconomic factors in play. From a macro perspective, this will include conditions impacting the entire property market, such as potential interest rate hikes and decreases and any shift is power within the local municipality.
5.Emotional connection:
Working with the ‘right’ property practitioner, will help alleviate or soothe any stress and anxiety that the seller may be feeling, particularly if the property is being sold reluctantly, as would be the case when a financial situation dictates. Professional property practitioners are adept at relating to the emotional roller-coaster ride that a home sale may generate. Property practitioners should also, regardless of the condition of a property, find positive elements that will reassure buyers that there is value in the property.
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