Have you ever decided it was time to either buy or sell a home? Most of us have made that decision. And most of us have decided to hire a Realtor to help us. But who should you hire?
You have a lot to choose from.
The combined populations of Monmouth and Ocean counties is about 1.2 million people. At any given time there are about 9000 Realtors in Monmouth and Ocean counties. Doing the math, this means that about 1 out of every 133 people is a Realtor. And if you take out the children, the percentage of Realtors is a lot higher. Do you know at least 133 people? Most people do, which means they probably know a Realtor. But is knowing a Realtor a good reason to hire them?
Let’s look a little deeper.
Of those 9000 or so Realtors in Monmouth and Ocean counties, every year gives a similar fact. And that is that about 8000 of those Realtors conduct three or less transaction per year.
I think it is safe to say that if a Realtor only sells three or less homes per year, they are not working full time at the job. It’s a hobby or they are simply not good at being a Realtor.
If I were to hire a Realtor, I would not necessarily hire a Realtor because they are a relative or a friend. Or a friend of a friend. I would ask them a few questions.
How long have they been a Realtor?
How many homes have they sold in the past year?
How many homes have they sold either in your market segment (condo, detached home in a similar price range, adult community) or in your physical area? If they don’t actively work those markets, find someone else.
Then I would check their internet presence.
Do they have a website(s)?
Check their Google plus page, and read the reviews.
Selling or buying a home is a major decision. You need to have an experienced Realtor to help guide you through the transaction. Maybe your friend or relative is an experienced Realtor and can help you. But don’t hire them just because that is what they are.