The search for a real estate agent in Minneapolis can be frustrating. Often, when there are a large range of real estate professionals you can choose from within your area, it can be difficult to pick out the best agent. As a result, you may be asking yourself, “ what are the steps on how to find a good real estate agent in Minneapolis?”
Many large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible: be it online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Minneapolis.
However, real estate agents backed by the largest market engine aren’t always the best. Even if they are, they may not be a good fit for your specific circumstances. In today’s blog, we’re going to look at how you can find a good real estate agent in Minneapolis.
[NOTE: If you need to sell your Minneapolis house fast and can’t wait the 3-6 months+ it will take with a real estate agent… we may be able to help. Here at FastPath, we buy houses directly from local home sellers. We can make you an all-cash offer within 24 hours on your house. “ As-Is” ( in any condition). ]
How To Find A Good Real Estate Agent In Minneapolis – Get Reviews… Real Reviews
Online reviews of real estate agents can be easily manipulated. They can often times be little more than paid advertisements. Before you settle on a potential real estate agent, it’s important to get honest reviews. In this regard, any reputable agent will be glad to provide you with a list of their recent clients. If they refuse to, this may be a Red Flag.
Also, reviews are one of the best ways to see how any real estate professional does out in the marketplace.
As a final way to check out the agent… hit Google and type in “[name of agent] reviews”, then see what pops up. If you see a bunch of bad reviews on websites like yelp… see if the agent tried to engage with those negative reviewers online to resolve the situation.
Ask the Right Questions Of The Local Minneapolis Real Estate Agent
Ask the agent (or better yet, his or her former clients) the following questions to gauge the agent’s skill. These questions will show you their ability to represent you as a buyer or a seller:
- Was there any part of the process of buying or selling a home that clients were pleased or particularly displeased with?
- What was the asking price?
- What was the sales price?
- What properties have you worked with in my location?
- What about similarly sized properties?
It’s important to choose an agent who has experience working with homes similar to yours.
Check The Real Estate Agent’s Credentials
Check with your state’s real estate regulatory authority to verify the agent’s licensing. While you’re on that website, you’re also often able to look into regulatory actions and complaints against the agent.
You should also ask the agent how long they’ve been buying and selling homes. If they’re representing an agency, ask how long they’ve been with that particular agency. Also, ask about their history with other firms.
Above all, it’s important to choose a real estate agent in Minneapolis that you can trust. Regular communication is extremely important when selling your home. For this to be good, your agent must understand both your needs and your specific situation. To do this and enable your property to adequately compete within the market, a good agent should be able to answer questions such as:
- How many inquiries have been made about my home?
- How many of these inquiries came from people likely to make a purchase (not just window shoppers)?
- What other properties in this neighborhood are for sale? What is the asking price of those homes?
Ask The Local Real Estate Agent How They Plan On Selling Your House
Sometimes going the direct route is the best option.
When looking for a local Minneapolis MN real estate agent, you should ask any prospective agents that you interview how they intend on selling your house. Ensure that you also ask them what they can do that others can’t.
Usually, the great ones would already have a marketing plan. These agents will get your house out there and on the market in a big way.
This Is Where Low Priced Isn’t Always The Best
Often times Minneapolis MN home sellers want to go with the lowest pricing option.
Heck, when you look at the numbers… if a real estate agent is earning 3% on a $100,000 sale… that’s $3,000 in fees for just the one agent (usually both agents representing the buyer and the seller earn commission). This isn’t cheap. Whatever your case, ensure that you do your research before you agree to a cut rate agent or a flat fee agent because, typically, this could effect the quality of service you will get.
Some of the best real estate agents in Minneapolis have great marketing systems and are able to sell homes faster and for higher prices. So even if you find someone to sell your house at a 1.5% fee… look long and hard at whether you’ll be saving money long term.
The same goes for selling your house to a local real estate investor like FastPath Home Buyers. The highest priced offer isn’t always the best. Look at the terms of the deal the house buyer offers you… and ensure they can close on-time… because every month that goes by costs you money ( through your mortgage, taxes, insurance, utilities, etc.).
It’s important to avoid low-quality real estate agents. These could be “rookies” who will do anything to make their first sale (including leaving dollars on the table). A good real estate agent can make selling your home an extremely smooth experience, and will work in your best interest.
So go out there and do your research, then find the best local real estate agent for you.
If you need to sell your house faster than an agent can… we’d love to make you an all-cash fair offer for your house.
We can make you a no-obligation offer in 24 hours or less and you can weigh that option against going with a real estate agent.
Just click the link below and fill out the short form on the next page to get the painless process rolling.