Oct
23

Ten tips on choosing a Texas Realtor

Buying your dream Texas property is probably one of the biggest buys you will make in your life. Incredibly enough a great many of us make that buy on a hunch or an impulse and then, as you’d expect, spend quite some time regretting the mistakes we made.

Rather than make those mistakes and learn it makes a lot more sense to avoid regretting your Texas real estate purchase by choosing the right Texas Realtor right from the start. So, why should you even think of getting a Texas Realtor? Why should you not handle everything yourself? Well, for a start, a good Realtor will keep up with changes in the market conditions (and the Texas real estate market is always volatile) and he will be able to take advantage, for you, of the availability and demand for the particular type of Texas property you are looking to purchase.

Buying your dream Texas property is probably one of the biggest buys you will make in your life. Incredibly enough a great many of us make that buy on a hunch or an impulse and then, as you’d expect, spend quite some time regretting the mistakes we made.

Rather than make those mistakes and learn it makes a lot more sense to avoid regretting your Texas real estate purchase by choosing the right Texas Realtor right from the start. So, why should you even think of getting a Texas Realtor? Why should you not handle everything yourself? Well, for a start, a good Realtor will keep up with changes in the market conditions (and the Texas real estate market is always volatile) and he will be able to take advantage, for you, of the availability and demand for the particular type of Texas property you are looking to purchase.

A good Texas Realtor is a valuable asset in your Texas property buying process. Your Texas Realtor will safeguard your legal interests and negotiate for you during the tricky bargaining process plus he will be able to guide you through the almost impenetrable Texas property contracts that come about.

This brings us to the question, when you are ready to take the leap and buy a Texas property, how do you choose the right Texas Realtor? For a start you will want someone local, based in Austin, San Antonio, Dallas or anywhere else in Texas, depending on where you are looking to purchase a property. Local Realtors are in tune with the market and the particular conditions and micro-economics in play at where you are buying and they can help you best.

There is no shortcut in this. You will have to invest some time and interview a number of Realtors in order to find the right one for you. Take this process seriously and you will benefit at the end. So, if you are ready to choose your Texas Realtor here are ten tips to help make that choice the best one possible:

1. Make a list of between three and five Texas Real Estate professionals:

  • Look around your neighbourhood and see who has the most signs. Make a note of their phone number and arrange an interview. Make a list of at least three more Texas Realtors.
  • If you are thinking of buying a Texas property in a place that is not near you, you still need to find a good Texas Realtor. Go to our search page and type ‘Texas Realtors’ or check out our Directory, or even drill down deeper by typing ‘West Texas Realtors’ or ‘East Texas Realtors’ or ‘San Antonio Realtors’, anything, in short which will give you the desired results. Then just start to compile your list.
  • Ask friends or neighbours for recommendations. The chances are if your friends have used a Texas Realtor and they were happy with the service, it is a good one and you should have them on your list, at least.

2. Interview the Texas Realtors on your list. The purpose of the interview is to identify a real estate professional you can work with. You will want to ask questions that will help you find if you and the Realtor who will represent you in your purchase of a Texas property share the same goals and have a good fit in terms of personality. To help you in your task it might be a good idea to make a note of the following questions:

  • Are you a REALTOR? This is not an obvious question at first. A Texas Realtor is more than just a real estate agent. A Realtor is required to be a member of the National Association of Realtors. He will be following their code of conduct regarding the ethical side of trading in real estate. He will also be a full-time agent rather than someone who dabbles at real estate hoping to make a quick buck at your expense. A Texas Realtor will be most likely be a real estate expert in the full sense of the word.
  • “How often will you notify me of new Texas properties coming in the market?” This is a crucial question. In some parts of Texas new properties come in and are sold within an hour. You need your Texas Realtor to be your ears and eyes on the ground and notify you the moment a Texas property that fits your criteria and budget hits the market.
  • “How often will you communicate with me?” This is a question designed to establish some reasonable working parameters between you and your Texas Realtor. Just because a property that does not match your criteria has not yet hit the market does not mean that there should be prolonged periods of silence from your Texas Realtor.
  • “How quickly will you return my phonecalls? Or answer my emails?” You want to establish from the start the kind of response service your Texas Realtor has in place. Some Realtors prefer the personal touch and handle everything themselves at the end of the day. Others have a telephone service handling everything for them. Either way you want to know where you stand and what kind of timeline you are working on in order to know what kind of service you will be getting.
  • “Are you a full time Texas Realtor?” Here, for ‘Texas’ you can substitute any area you are looking to buy a Texas property in: It could be, for instance ‘Texas Hill Country Realtor’, ‘San Antonio Realtor’, ‘Houston Realtor’, and so on. Limit your search to full-time professionals and let the hobbyists and part-timers learn their trade in their own time, not yours.
  • “Who will represent my Texas property transaction?” This is a tricky point that depends on local laws. Suppose, for instance you are buying a Texas property in Dallas and the Dallas Realtor representing you is a subagent for the seller, this creates a less than impartial situation where your interests as a Texas property buyer may well be compromised. Either you find a Realtor who can truly represent your interests or you hire a Buyers’ Agent who will not have to deal with any conflict of interest scenario.
  • “Will I get your honest opinion?” This is crucial as well. Avoid a Texas Realtor who will be just a yes-man. If, you cannot find a property because your budget does not allow for it you need a Texas Realtor who will not be afraid to tell you that and lay out the options still available to you.
  • “How long have you been working in this area?” Do not make this a deal-breaker but do ascertain that the Texas Realtor working with you has a good knowledge of the area you are interested in and will be able to find the dream property you are looking for.

3. Compare your notes from each interview – Think about
the points you liked and what you found not so much to your liking from each Realtor you interviewed and then make a shortlist from which you should be able to pick the Texas Realtor you think will best fit your requirements.

4. Special qualifications – Texas Realtors are professionals who spend a lot of time and money developing their skills. In the process they acquire qualifications or designations that make them stand out from other real estate professionals. Pay attention to these designations or qualifications as they mark a Realtor who is really serious about his work.

5. Find a Texas Realtor who is technologically advanced – If your Texas Realtor is strictly a phone man you may be running into a bottleneck that is going to lose you time and perhaps even a Texas property purchase. Beyond the fact that you want your Texas Realtor to be able to use technology to your advantage, you also want him to be able to return an email within a few hours of receiving a question.

6. Ask for references from your Texas Realtor – any Realtor worth his salt will have at least a dozen clients he can refer you to. If you get to a Realtor who doesn’t you should, rightly, be suspicious.

7. Know what you sign – Before signing a contract know that the term ‘Disclosed Dual Agent’ means that the real estate agent representing you does not represent your interests 100%. You should consider using a Buyer’s Agent to represent your interests as a Texas property buyer.

8. Scrutinise the buyer agency agreement carefully – Buyer agency agreements are common but before you sign do not be afraid to scrutinise them carefully, query any terms you are not happy with and ask for clarification or changes. The way that your Texas Realtor will deal with such requests will also determine whether they are able to accommodate you as a client, whether you will get along and whether they understand your needs.

9. Make sure you choose the right man – this one is obvious. You want a Texas Realtor on your site who is a tough negotiator and can get you your dream Texas property at the right price.

10. Money talks – The bill for the Texas Realtor is usually paid for by the seller but do not assume anything on Real Estate. Ask from the start what your financial obligations will be and always insist on knowing throughout the Texas Property buying process if anything changes on that score.

A true Texas Realtor should be able to make the entire process of looking for a property, finding it and negotiating the right price a relatively painless, hassle-free experience.

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