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15 Things to Consider When Hiring a Eureka Springs REALTOR

Maybe you’re buying a house in Eureka Springs.

Maybe you’re selling one.

Maybe you’re just interested in some advice related to investing in properties in and around Eureka Springs.

In any case, it’s important to hire a realtor with the experience, credentials, and capabilities necessary to get you what you’re looking for.

So what exactly should you consider when hiring a Eureka Springs realtor?

Why You Need the Best REALTOR

It’s tempting to think that all realtors can offer the same level of support and insight. After all, all realtors should have roughly the same foundational credentials and core knowledge.

However, having access to a superior realtor can come with a number of advantages.

  •       Better recommendations. Experienced and capable realtors are masters of real estate strategy. They can spend more time getting to know you and your goals, and they can make better recommendations, which can lead you to better results. If you’re looking for a house to buy, they can recommend better properties. If you’re looking to sell your house in Eureka Springs, they can guide you to better selling tactics.
  •       Superior knowledge. Some realtors are more knowledgeable than others, especially when it comes to broader investing strategies. You deserve to have a real estate agent who can use that knowledge to help you secure a more favorable position as a buyer or a seller.
  •       More connections. One of the perks of being a realtor in Eureka Springs is that it gives you a broader network of connections. Having access to a better realtor in the area might mean that your listing can go further, or that you’ll have access to more off market properties, or that you’ll be able to connect with some of the best contractors in the area.
  •       Improved negotiating. Eureka Springs realtors are also going to negotiate on your behalf, so it pays to have a superior negotiator. Even a relatively small difference in approach can lead to a massive increase or decrease in price.

Things to Consider When Hiring a Eureka Springs REALTOR

These are some of the most important things to consider when hiring a Eureka Springs realtor:

  1.     Your goals. First, think about your goals. Are you buying or selling? Are you interested in negotiating aggressively to get the best possible price for a new home? Or is there a specific type of home you’re looking for, even if it means going above your intended budget? Are you looking for only one new acquisition, or are you open to investing in more Eureka Springs properties in the future? Some Realtors specialize in a particular area, so it’s important to find someone with the skills you need.
  2.     Referrals. Do you know anyone who can give you a referral for a Eureka Springs realtor? Referrals are great ways to find real estate agents, since you can get a strong recommendation from a trusted source. Even so, it’s a good idea to shop around; referrals are best treated as a good starting point.
  3.     Local knowledge. You need in-depth local knowledge if you’re going to make the best real estate decisions for your needs. Consider interviewing your Eureka Springs realtor candidates to see how much they know about the area and how long they’ve been practicing here. Can they talk about cycles in the market? Do they seem to know which neighborhoods are best for which purposes? Do they seem to have contacts around the city?
  4.     Years of experience. As you might imagine, more experienced realtors have advantages over their inexperienced counterparts. That’s not to say that a new real estate agent can’t do a good job, but if you’re torn between two candidates, you’re usually well served by choosing the candidate with more experience.
  5.     Areas of expertise. Are there any particular areas of expertise uniquely held by this realtor? For example, do they specialize in high-end, luxury properties? Are they very familiar with residential investment properties? Depending on what you’re trying to do, it may benefit you to seek out a candidate with specializations.
  6.     Past (and recent) results. You should also look at past and recent results. How many houses has this realtor sold or helped to buy? What are some examples of recent deals that they can brag about? Is this realtor proud of the results they’ve been able to get for their clients in the past?
  7.     Testimonials and reviews. Similarly, you should get a feel for what past and present clients think of this realtor. Are there substantial testimonials that speak to this realtor’s experience and what it’s like to work with them? Do they have good reviews overall? Take exceptionally bad and exceptionally good reviews with a grain of salt and look at the overall trend.
  8.     Availability. Naturally, you’ll also need to consider availability. You might have tracked down one of the best realtors in the area, but if they’re currently overwhelmed with clients, or if they can’t afford to take on much more work at the moment, you’ll need to keep looking.
  9.     Commission structure. Investigate commission structure, especially if you’re selling a property. Most realtors follow a relatively straightforward model when it comes to commissions, and you won’t find much deviation between real estate agents. However, as most commissions are percentage based, even a relatively minor difference can lead to a massive gap between owed fees.
  10. Communication and personality. In this list, we’ve mostly focused on concrete, objective considerations, but you should also consider more subjective items, like communication and personality. You deserve to have a realtor who readily and transparently answers your questions, and who is available for consultations when you need them. It’s also helpful to have a realtor you genuinely get along with, as it can make the experience much more palatable. If you don’t like a particular realtor, or if you aren’t happy with the way they’re communicating with you, that’s a valid enough reason to find someone else.
  11. Approach to negotiation. Negotiations can be critically important if you want to sell or buy a house as profitably as possible. Accordingly, you may want to get a feel for this realtor’s negotiating style. Are they direct and aggressive? Are they more passive and patient? There are many viable negotiation strategies, but you should have a realtor who can follow your ideal approach.

And these are some of the strategies that can help you find the best fit:

  1. Interview several agents. Even if you have a strong initial preference for a given candidate, it’s a good idea to interview several realtors. If nothing else, it can make you feel more confident in your initial decision. It will also introduce you to the many different types of agents who are available.
  2. Validate credentials. It’s not a bad idea to do some due diligence and validate credentials and experience, to the best of your ability. Ask some critical questions to make sure you’re working with someone who’s genuinely qualified.
  3. Set expectations proactively. As you begin cultivating your relationship with your Eureka Springs realtor, try to set expectations proactively. Make your goals clear, establish your preferences for communication, and collaborate actively to begin your working relationship on the right foot.
  4. Get it in writing. Finally, when you begin to finalize an agreement with your realtor, make sure to get the full details in writing. This is important if you want to hold your realtor accountable to whatever they promise you.

Are you looking for an experienced, knowledgeable realtor in the Eureka Springs area for your next home purchase or sale?

Are you ready to start a real estate conversation that could lead to your next investment acquisition?

We’re here for you.

Contact us today for a free consultation!

Sky Richardson
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