SAN FRANCISCO CHRONICLE aro Sane hatenseo. cA
Greulaton (OMA): 32,5155).
Type reasons): Novepaner(S)
Sette Fal Estate
Keynes Pcie Unon Rel Estate
SOUND OFF
What questions should clients ask
when vetting a potential Realtor?
ae
‘Az The Bay Area realestate market | Az Some people compare real
is fiercely competitive, and prep- estate to being a blood sport, and
aration is the name ofthe game. | when there is stiff competition and.
Buyers and sellers need to bring it it boils down to the highest win-
in order to win inthis low-invento- | ning bid being an all-eash offer,
ryand high demand market. The | that’s how it feels. The realestate
vital first step is due diligence; its | agent feels the pain as well as the
imperative that your Realtor can | client, especially after showing lots
give you the eompetitve cdgein | of homes, reading over disclosures
Your specific area as this will ulti-_| and putting together multiple
‘mately determine your suecess. | offers for their clients Is hard
‘A buyer should ask how many sometimes, but a winning agent
multiple-offer situations the Realtor | doesn't give up.
thas handled in the past yea. If they | When vetting a real estate agent
prevailed, what specifi steps were | to represent you in a competitive
taken to set their elient apart? With | market, there are a few important
the increased prevalence of off traits to look for. Do they have
market sales, how ean you be sure | knowledge of what the list values
that you will know about opportu- | vs. sale prices are in the areas you
niles before they are on the Mul- | want? Do they investigate the
ipl Listing Service? Ask for recent | disclosures and reports on a prop
examples where they have strate- | erty you are considering? Do they
gically structured competitive offers | know how to present your offer
for their dients with the most de- | with all of the proper documents
sirable terms possible. ready to compete?
‘A seller should ask a Realtor Perseverance is an important
specifies on how they will prepare, quality ina business person. In a
present and market the property. | tough marke, there ean some:
‘Ask about their recent track record | times be modifications to search
of sales because numbers don't lie. | criteria that help a buyer get his
Whether you are buying or sell- offer accepted. Sometimes it's just
‘ng, the Realtor you select to repre- | a matter of not giving up.
sent you should be able toclemon- | When we keep our focus real
strate successful results, They istic, there is no need to compro-
should be proactive, enthusiastic | mise, The real estate market in the
and responsive with excellent com- | Bay Area is eutthroat at the mo-
‘munications skills. Look forthe | ment and as long as you're still in
Realtor that is dialed in to your | the game, the Realtor thal you
local area and hest equipped to help | choose should be, too.
you. Karin Cunningbo,
Caretine Neon, Berkstire Haoway Home
Union Real Et Services, (690) 430-3504,
Re ee eee “tarinabbbacalreae.
‘artinenelumaspacion com.
‘Account 250874 (745)
Ei
‘A: Representation matters, regard
less ofthe market, Buyers require
an agent who will win them the
property, instead of spending
‘months submitting offers that never
‘materialize. Sellers need an agent
‘who advises them through prep-
aration, listing and offer processes.
1s important to ask your Realtor
some basie questions during the
inital interview, Figure out how
long they have been selling real
estate in that particular area, Lon
ager doesnt always mean better, but
an experienced agent intimately
‘understands market conditions and
should have industry relationships
that can be leveraged during the
offer process, Experienced agents
are also seasoned experts at navi-
gating from eserow to closing.
‘Ask what sets them apart from
‘other Realtors in the area, Observe
their sales skills within there
sponse. These skis will be applied
to the sale of your home or the
"presentation of you and your
fer. A good agent will be able to
provide at least one quantifiable
advantage.
‘Ask the agent if they're willing to
reduce their commission. This ist
about angling for adiseount, but
rather observing their negotiation
ability. A good agent will be able to
cutine their vale
Beware of an agent who rushes
you or doesn listen. Steer clear of
Someone who speakce negatively
about other agents. And don't hire
an agent who presents poorly, or
appears scattered or unorganized.
“Justin Colunga, Vanguard Properties,
(or) 017308 ptinrnguardifom,
Pago t of