Hiring the right Realtor is an important first step in today’s real estate market
Navigating Metro Vancouver’s housing market can feel daunting, especially when market conditions are changing.
In 2018, the region’s housing market has been in a transition from a seller’s market to one that favours buyers.
If you’re considering entering the market, you’ll want to take the time to choose the right Realtor for you, says Phil Moore, Real Estate Board of Greater Vancouver president. “In this market, you have more time to look at homes and be choosy. Take the same approach with Realtors: invest the time, be selective, and choose one with the skills, expertise and demeanour that’s right for you.”
It’s a working relationship that can last several weeks and months and you want to be comfortable with the right person.
“The first thing we always suggest is to talk with your family or friends about who they have worked with,” said Moore. “Many times, buyers and sellers don’t ask for references, [but] past clients can tell you a lot about how the Realtor works, how they communicate and whether they can deliver the results you’re looking for.”
Moore suggests looking at the process of engaging a Realtor like conducting a job interview. “Visit a few open houses. Drop by a real estate office in your neighbourhood. Talk to different Realtors, and ask them about their marketing strategies, their skills and their level of training and education.”
Referrals speak volumes. The first thing we suggest is to talk with your family or friends about who they’ve worked with.
Buying or selling a home is the biggest financial decision most people will ever make. Your Realtor is your professional representative through this process. Their role is to advise and guide you at every step of the process.
This includes everything from knowing the history of the home, the neighbourhood and its schools to handling the complex paperwork involved in a real estate transaction, Moore said.
And while there is more data than ever available to consumers, Realtors have the knowledge and experience to best interpret it for their clients.
“Buying and selling can be a stressful time,” said Moore. “Knowing you have a professional with experience and expertise representing you in the market, one who listens to and understands your needs, will give you peace of mind and allow for a smooth process.”
Above all, Moore said consumers should feel em powered and confident throughout the buying or selling process.
To learn more about working with a Realtor, visit www.rebgv. org/choosing-right-home-startschoosing-right-realtor.