Real estate will be one of the largest and most important investments that you will make in your lifetime. Whether it is in your search for your dream home or you are looking to sell the house you currently own, or even if you are looking for an investment opportunity and decide real estate is the choice for you, you will need a partner. A trusted partner in the real estate sector is your real estate agent.
According to the United States Census Bureau, the town of Stowe has a total area of one hundred and eighty-eight square kilometers of land. This makes it the second-largest town in the state of Vermont. Looking for a great real estate agent in the area can be made easier if you know what to search for. There are varieties of houses for sale in Stowe, Vt as well as plenty of real estate agents. However, very few of them are reliable, honest and will help you achieve your goals. When out in the search for a great partner, below are two of the most important red flags you must watch out for.
- Greed of the agent
When you are selling your property and you do not have an idea of how much your property is worth, it is important to go to several real estate agents before you settle on the one you choose. A red flag to be on the lookout for is greed. An agent that suggests the highest possible price for your property is usually out to benefit himself at your cost. Keep in mind that estate agents are independent contractors who mainly depend on the commission they receive after a sale has been made. Listing your property at a very high price will make it undesirable to potential buyers. We all know that if we see that a property has been in the market for a long time, we will tend to believe that it must have a problem. Go for the real estate agent who considers these facts and therefore suggest a reasonable market price for you.
- Dedication to your project
Whether you are looking for your ideal dream home or you are out to find the best possible buyer for your property, you need to look for a dedicated partner. An agent who is actively following the daily real estate market in order to get you the best is ideal. A red flag you must watch out for is an agent who does his work part time or as a side job. This shows that he will not be dedicated to your project as much as he should, while the full-time agent will consistently be looking to close your deal, the part-time agent will be preoccupied with something else for most of his waking hours
The above are just a few red flags that you must watch out for in your search. Real estate is a high stakes venture and as much effort as you put in your daily activities should be put in your caution for the best real estate agent.