Over the last few weeks, I've been working on an article. It's called, How to Choose a Real Estate Agent. The core idea is that buyers and sellers should apply the same level of due diligence to choosing an agent as they would an attorney, CPA, investment advisor, or other professional.
If we're going to raise the quality of real estate professionals, we need selective pressure towards those that know the meaning of fiduciary duty and will work hard for their clients. Choosing an agent because she's a relative or friend is simply a bad way to go about it. I know people who put more thought into who fixes their car than who guides them through what is often their largest and most important financial transaction.
In any case, my article isn't done yet.
Today, Ardell (from the Rain City Guide) published How to Choose a Client and I highly recommend it. It's an entertaining and refreshing perspective from the other side of the coin by a hard working, very savvy agent (good job, Ardell). It also happens to parallel my recent experience of turning down a client and choosing to work with another who has a difficult foreclosure on his hands.
Image: e-magic
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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.