Looking to Hire a Real Estate Agent in Baltimore, MD?
Hiring a real estate agent in Baltimore can be a daunting task. So what are the steps on how to find a quality real estate agent in Baltimore?
Many large local real estate brokers spend thousands of dollars each month on marketing, either online through social media or offline such as on billboards in highly trafficked areas in Baltimore.
However, simply because an agent is backed by the most marketing dollars or is the most visible, it does not necessarily mean that they are the best agent for you or a good fit for the circumstances surrounding your property. In this blog, we’re going to look at how you can find a good real estate agent in Baltimore, Maryland.
[NOTE: If you need to sell your Baltimore house fast and can’t wait the 3-6 months+ that it can take to sell a home on the local market… We Buy Houses Fast in Maryland may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition.]
How To Find A Good Real Estate Agent In Baltimore – Get Reviews… Real Reviews
Online reviews of real estate agents are not always accurate or reliable. They can sometimes be little more than paid advertisements.
It’s important to get honest reviews from any agent that you’re considering, and any reputable agent will be glad to provide you with recent clients. Also, genuine reviews are one of the best ways to see how any real estate professional does out in the marketplace.
Google is another way to check out the agent… simply type in “[name of agent] reviews” and see what comes up. Negative reviews do not necessarily always indicate a “bad” agent. Sometimes people leave bad reviews when maybe a bad review was not warranted. If you see bad reviews regarding an agent you are considering on websites like Yelp or others… its important to see if the agent attempted to provide a resolution to the individual who left a bad review. Additionally, you may ask the agent to explain the situation and what they attempted to do to resolve any potential issues.
Ask the Right Questions Of The Local Baltimore Real Estate Agent
Ask the agent (or better yet, his or her former clients) the following questions to get an idea of the agent’s skill and ability to represent you as a buyer or a seller:
- What parts of the process were their recent clients most please with. What parts were they displeased with?
- What was the asking price?
- What was the sales price?
- What properties have you worked with in my location?
- What about similarly sized properties?
It’s important to choose an agent who has experience working with homes similar to yours in location, condition, and price range. However, that does not mean that newer agents or those new to your type of property are not capable of bringing in top dollar or helping you negotiate a good price if you are buying. Find out what the agent’s plan is for selling your house or helping you to find your dream home and compare it to other agent’s you are interviewing.
Check The Real Estate Agent’s Credentials
Check with your state’s real estate regulatory authority to verify the agent’s licensing. On the same site, you’ll be able to look into the regulatory actions and see if there have been any complaints against the agent.
You should also ask the agent how long they’ve been buying and/or selling homes. You may also wish to ask about the agency they are representing and how long they have been working with that agency. Additionally, it may be a good idea to ask about their history with other firms.
Above all, it’s important to work with a Baltimore real estate agent that you can trust. Communication is crucial when selling or buying a home, as in many cases, a house represents the majority of your net worth. A reliable agent will be able to answer questions such as:
- How many inquiries have been made about my home?
- How many of these inquiries came from people likely to make a purchase?
- What other properties in this neighborhood are for sale? What is the asking price of those homes?
- What are the average days on market for similar homes in the area? What have been the selling price of those homes?
Ask The Local Real Estate Agent How They Plan On Selling Your House
Sometimes going the direct route is the best. In the case of looking for a local Baltimore, Maryland real estate agent, ask them how they intend on selling your house for you in a way that other agents in town won’t do. How does their answer compare to the other agents you have asked?
Usually the great ones actually have a marketing plan and will get your house out there and on the market in a big way.
This Is Where Low Priced Isn’t Always The Best
Often times Baltimore, Maryland home sellers want to go with the lowest priced option and assume all realtors are the same.
Heck, when you look at the numbers… if a real estate agent is earning 3% on a $100,000 sale… that’s $3,000 in fees just to one real estate agent. In fact, both agents representing earn a commission which is often paid by the seller, at a rate of 6%, which includes both the buyer and seller agent fees. However, it is important to do your research before you go with a cut rate agent or a flat fee agent… because that usually means that the service you’re getting is also a lower level service. They may not even market your property aside from placing it on the MLS.
Some of the best real estate agents in Baltimore have great marketing systems and are able to sell homes faster and for higher prices. So even if you find someone to sell your house at a 1.5% fee… make sure you accurately determine if you’ll be saving money long term or if the agent who will only charge 1.5% is actually able to get your house sold. Track records are important to review when deciding upon which agent to use.
It’s important to avoid low-quality real estate agents. These could be “rookies” who will do anything to make their first sale (including leaving dollars on the table). A good real estate can make selling your home an extremely smooth experience, and will work in your best interest.
The same goes for selling your house to a local real estate investor like We Buy Houses Fast in Maryland. The highest priced offer isn’t always the best. Look at the terms of the deal the house buyer offers you and ensure they can close on-time. Every month that goes by costs you money (your mortgage, taxes, insurance, utilities, etc.) to hold the property.
So go out there. Do your research. Find a Baltimore real estate agent you can trust to get the job done.
If you need to sell your house fast… we’d love to make you an all-cash fair offer on your house! If not, we can recommend Baltimore real estate agents and other real estate professionals to get your property sold.
We can make you a no-obligation offer, typically within 48 hours or less, and you can weigh that option against going with a real estate agent.
Just click the link below and fill out the short form on the next page to get the painless process rolling.