Select a REALTOR®
How do you select the
right REALTOR® for your needs?
The first step is to
determine the type of representation that would best suit your needs.
Remember that Article 1 of the
Code of Ethics states:
"When representing a buyer, seller, landlord, tenant, or other client as an
agent, REALTORS® pledge themselves to protect and promote the
interests of their client. This obligation of absolute fidelity to the
client's interests is primary, but it does not relieve REALTORS®
of their obligation to treat all parties honestly. When serving a buyer,
seller, landlord, tenant or other party in a non-agency capacity, REALTORS®
remain obligated to treat all parties honestly."
Contact firms that
provide the type of representation that you need. Verify that they work with
your type of property in the geographic area that you need. REALTORS®
Association of Indian River County member firms have been given the
opportunity to provide an office profile which lists this information.
During your initial
contact, be as specific as possible regarding you needs. Be sure to include
time frame, financing information, and any other details that may affect the
transaction.
Interview the
prospective REALTOR®. Ask him/her to tell you about the services
you will need for your transaction and how he/she will provide or coordinate
these services.
Once you have narrowed
your choices to a maximum of 3 candidates, request the following:
Written copy of his/her marketing plan
Market analysis (summary of comparable
properties that have recently sold)
Estimated cost statement (cash
required/received from the transaction)
Update schedule - how often will he/she be
in touch with you
Once you have selected
your REALTOR®, keep him/her informed of any event that may affect
your time-frame or transaction.