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Aaron Rietsema
REALTOR®
(605) 521-1608
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Date Archives: August 2022

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Uncategorized | 24 Posts
August
16

Whether you're buying a home or selling one, the advantages of having a real estate agent are many. However, you can't just hire the first real estate agent you come across. You need to do your due diligence to ensure that your chosen Sioux Falls realtors have the skills and experience needed to get you the best deal possible. 

The question is: what does "due diligence" mean in this case? What sort of things do you need to look out for in order to pick the best Sioux Falls real estate agent possible? We're going to tell you below.

Here's what to look for in Sioux Falls realtors. 

Ample Experience

Perhaps the most important thing to look for in a real estate agent is experience. Your real estate agent should have a certain level of experience under their belt so that they understand the real-world processes of buying and selling a home. 

If your agent is inexperienced, they're more likely to make grave mistakes. They're also more likely to overlook important aspects of the process. Additionally, they probably won't have the wealth of knowledge that an experienced real estate agent has.

We recommend choosing an agent with a minimum of 2 years in the field. This experience should mirror the service you require. So, for instance, if you're selling your house, the agent should have 2 years of experience in selling. 

References/Positive Reviews 

Another thing that you need to look out for in your real estate agent is references or positive reviews. These are vital in proving that your Sioux Falls real estate agent has the ability to navigate through the buying and selling processes. If your agent can't provide you with positive reviews from past clients, they're almost certainly lacking in some areas. 

Wondering where you can find reviews for real estate agents? Google is generally a good place to look. Just type in the agent's name and see what comes up.

You can also look on sites like Facebook, Yelp, Zillow, and RateMyAgent. The latter two are specifically designed for real estate and stand to give you the most thorough reviews possible. 

A Personality That Jibes With Yours

You're going to be working with your real estate agent on a regular basis. As such, it's vital that they have a personality that jibes with yours. If they don't, you're bound to run into communication problems that could impair the transaction. 

Call up your prospective real estate agent and ask them questions about the selling or buying of a home. While doing so, get a feel for them, assessing their tone, their humor, their knowledge, and more. 

If you feel comfortable with the agent after speaking to them on the phone, they're probably a fairly safe choice. If something felt "off", you should go with someone else. It's as simple as that. 

Reasonable Fees

You won't have to pay for your real estate agent upfront. Instead, their fee will come out of the sale price of the home. So, while you don't have to scrape a bunch of money together immediately, you do still have to account for your agent's cost rate. 

Most agents charge 2% to 3% of the sale price of the house. Therefore, if there's both a selling agent and a buying agent, there will be a 4% to 6% total realtor fee. 

You can find realtors with lower rates than these. There are also realtors with higher rates than these. By and large, you should avoid those with larger rates. 

If you are going to go with a realtor with a lower rate, you should do your due diligence in vetting them. Oftentimes, if a realtor has a lower rate than average, it's because they're lacking in some area. 

A Knowledge of Your Target Housing Market

Just because a real estate agent is located in your town or city doesn't mean they understand the market that you're selling from or trying to buy into. Different agents work with different neighborhoods and, if you want to get the best results possible from your agent, you should pick one that buys and/or sells in your target neighborhood. 

Some agents might specify this information on their websites. If this information isn't available online, you'll just have to make a call and ask. 

In any case, don't choose a realtor who hasn't worked in your target market. They won't have the connections or resources needed to assist you fully. 

An Ability to Negotiate

Perhaps the most important thing to look for in your real estate agent is the ability to negotiate. When it comes time to buy or sell, you want your agent to advocate for you as much as possible. You don't want them to give in on the first offer.

Now, how do you ensure that your agent is capable of good negotiation? First, you read reviews from past clients. Then, you assess the agent personally. 

Do they have a friendly and pleasant demeanor? Are they capable of being assertive? Do they lead the conversation or take on a passive role? 

Good negotiators are friendly yet firm. They don't back down at the first sign of resistance but don't demean the other party either. Pay close attention and ensure that they're capable of doing the job correctly. 

On the Hunt for Sioux Falls Realtors?

Are you looking for a realtor in Sioux Falls? On the hunt for reputable Sioux Falls realtors? Look no further than Hegg Realtors.

We've helped countless Sioux Falls residents to both buy and sell homes. With our knowledge and experience on your side, you're sure to have the best outcome possible. 

Contact us now to get the ball rolling! 

The opinions expressed on the blog are the personal opinions of the realtors themselves and do not represent the interests or opinions of Hegg Realtors
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/29/2022. The listing information on this page last changed on 09/29/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Black Hills MLS (last updated Thu 09/29/2022 7:01:09 PM EST) or Mount Rushmore MLS (last updated Thu 09/29/2022 7:26:05 PM EST) or Realtor Association of Sioux Empire (last updated Thu 09/29/2022 7:34:24 PM EST). Real estate listings held by brokerage firms other than Hegg Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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