Do you wish to buy or sell property in Toronto? Regardless of the type of property you buy or sell, you will have to go through a tedious process. That’s why it is important for you to learn how to pick the best real estate agent in Toronto.
Buying or selling real estate is one of the most significant transactions you will ever make, so having the finest person on your side is critical. Choosing a real estate agent is frequently dependent on a referral from a friend or family member. This isn’t incorrect, and it’s definitely not a terrible place to start, but you should also conduct your own research to ensure you choose the best real estate agent for you and your requirements.
With over 60,000 Toronto real estate agents, finding the right one might feel a bit like finding a needle in a haystack if you’re not sure where to start. Here are some pointers to help you choose the right real estate agent, whether you’re buying or selling a home:
Interview a number of real estate agents before settling on one.
You may ask questions, learn about their experience and working style, and assess their areas of specialization and professionalism by meeting and interviewing a few possible realtors. You want to work with someone who will be on time, has a proven track record of closing deals in your area, and will clearly answer all of your issues and inquiries.
Inquire about a few references. Your realtor should be delighted to offer these, and you’ll learn things like how long ago these people were clients, what kind of home they bought/sold, and how they felt about working with the agent.
Check out Toronto Real Estate Agent review sites like RankMyAgent.com and Google Reviews. You’ll notice our clients consistently rank us with five-star reviews! We’re proud of this and the service we offer. Likewise, other top Toronto real estate agents will showcase their reviews.
Your real estate agent should be well-versed in the local market.
Your real estate agent should be able to confidently answer any questions you have regarding the local market. What are the characteristics of the various neighbourhoods in the area? Are there any nice schools or parks nearby? What is the average price of a property when it is listed and sold? You want to make sure your agent is knowledgeable about the areas you’re interested in.
Take their responses and compare them to your own study. An expert should be able to advise you on the optimum price to purchase or sell in your local market, allowing you to make the best selections possible.
Confirm that your real estate agent is available to work around your schedule.
Is your agent a full-time or part-time employee? Of course, not all agents work the same hours, but it will give you an idea of their degree of expertise and market engagement. Full-time agents will also have more time to deal with you and will most likely be more willing to work around your schedule. It’s certainly worth looking for another agency if they can’t provide you the time and flexibility you require.
Choose an agent who answers the phone.
Your agent must return calls and texts, as well as respond to emails. In the real estate game, regardless of your choice, punctuality is critical. You want your agent to keep in touch with you on a frequent basis and provide you with the information you want when you require it.
Because your agent will be collaborating with a variety of different experts during the process, from attorneys to house inspectors and mortgage consultants, your agent’s communication skills are also crucial.
Keep in mind though that the best real estate agents in Toronto won’t ALWAYS be available to answer your call, you want them to be an active realtor with other clients – but, they should always call you back!
Look for a tech-savvy realtor.
There are a lot of excellent ways for your agent to use technology, and the greatest ones will use it to be more productive and achieve the best outcomes for you. Look at your agent’s current MLS listings. Is the presentation appealing? Because the majority of consumers begin their search online, this is critical.
Is your realtor on social media and does he or she utilize it to advertise themselves and their customers’ homes? Does your agent provide you with several methods to contact them in an emergency? Do they utilize software that allows them to sign papers electronically? Because buyers and sellers sometimes have conflicting schedules, this can help to speed up the process. These tools and methods will not only increase efficiency, but they will also demonstrate that your agent is up to date and active in the business.
Your agent should have a well-thought-out strategy.
Your agent should have a plan, whether you’re buying or selling, and they should be able to articulate what sets them apart from other agents in the region. You might also want to inquire about their top rivals.
You’ll be able to assess how they respond to this question — whether positively or negatively — and you’ll have access to a few additional comparison choices.
Some of the other factors:
Make sure you and your agency are on the same page.
You’ll have to work with your agent for a while, so make sure the connection seems appropriate. A good agent will also try to form a close bond with you. Is your agent attentive to your needs and budget, as well as what’s most essential to you?
While expertise and abilities are important, your agent must also understand your goals, so look for one who does.
Consult with your family or friends.
When we want to employ someone, we generally contact our friends or family, to check whether they had a positive experience with someone or not. It’s a good idea to ask your friends and family for recommendations, whether you’re looking for a contractor or a real estate agent. When it comes to it, though, there are a few factors to consider. Go to numbers 4,3,2,1 when you get a recommendation from a family member. Once you’ve gotten a recommendation, double-check that they’re familiar with your market.
Are you confident that if your family purchased a home with a buyer’s real estate agent in North York, the same buyer’s real estate agent is also familiar with the High Park area? Or any other Toronto micro market. The real estate market in Toronto is divided into numerous micro markets. It’s critical that your real estate agent is knowledgeable with the market dynamics in your target locations.
Engage the services of a full-time real estate agent.
It may appear easy, yet some buyers or sellers overlook this little but crucial detail just because someone suggests them to someone else. The Toronto Real Estate Board has approximately 60,000 Realtors. The majority of them aren’t full-time real estate agents. As a buyer or seller, you must work with someone who does real estate full-time, every day. Real estate transactions are among the costliest things a person may do in their lifetime. As a result, you’ll want someone beside you who does it on a daily basis and as a full-time career, not as a side hustle. Toronto’s real estate market is a high-demand, fast-changing market that is divided into several micro markets.
You should select a Top Toronto Real Estate Agent that understands how to assist you with your real estate requirements. The difference between choosing the greatest real estate agent in Toronto and going with a part-time relative might mean losing your ideal property since your realtor was unable to strategically assist you based on current market developments.
If you’re thinking about working with the Pierre Carapetian Group you should know we rank in the top 0.06% of Toronto real estate agents. We also have an entire team behind us and a full-time Executive Assistant that is always at your disposal. We offer luxury concierge services so there is always a member of our team ready to help.
Check out this article on why hiring a professional real estate agent is worth it.
Look for someone with a personality you can relate to.
You’ll be spending a lot of time with your real estate agent, who will most likely continue negotiating on your behalf until you have a solid buy and sale agreement in hand, and even beyond that, until your property closes. If you’re the sort of person who needs to be reassured every step of the way, you could find it difficult to deal with an A type real estate agent since you’ll feel ignored or, at the very least, your concerns won’t be confirmed as much as you’d want. Even though your agent is excellent, you may not be able to connect well because you do not share the same personality.
In each deal, there will be difficult periods. On Offer Night, or when your real estate agent wishes to submit an offer on your behalf, you may find it difficult to convey your concerns with your real estate agent. As a result, I strongly advise meeting and interviewing the real estate agent with whom you may like to work, and then determining whether you and your realtor are compatible.
Look for a top Toronto real estate agent on the internet.
Looking for a Toronto real estate agent online is a wonderful idea. Whether you have a reference from a family member or friend, I strongly advise you to seek for at least one Toronto real estate agent online. Additional reasons to explore and interview with at least one more real estate agent may be found in Tips 8 and 2. Particularly when it comes to real estate sales.
Wondering if it is really worth investing in Toronto real estate? Read more.
Look for someone who is well-versed in your industry.
The real estate market in Toronto is enormous. There are several micro markets inside it, and a real estate agent who is well-versed in North York may not be well-versed in East York.
Make sure your realtor knows your market when you meet with them for a buyer’s consultation or a listing appointment.
You may inquire about data such as Day on the Market, which refers to how long it takes for a house in a given neighborhood to sell. You may also inquire about the current market competition or Month of Inventory. All of these questions can help you determine whether or not your real estate agent is knowledgeable about your market.
Do some research on them.
Many people have a presence on the internet. As a result, finding a real estate agent may be as simple as Googling them. Take notice of their existence. Before you meet them, try to get to know them. It will be easy for you to pick who you want to work with as a result of this.
Speak with or meet with a number of real estate agents.
Selling or purchasing a property is a significant financial investment. You’ll need to locate someone you can work with and trust. So don’t be afraid to meet several people. Meet with them and inquire about their marketing plan if you are selling a house. If you’re looking to buy a house, inquire about how they can assist you. Read this article on “What does a real estate agent do?” if you’re not sure what services a Toronto real estate agent can give for you.
It may appear easy, but at the end of the day, it is exactly what you should do. Most individuals base their decision on whether or not they feel comfortable entrusting their most important possession to that person.
You may put your home on MLS for $150 and do everything yourself; you can list with a cheap broker that offers limited services; or you can list with a full-service broker and get the staging, marketing, experience, and strategy that comes with higher commissions. Decide what you require and how much you are willing to pay, then make your selection.
Need to know how to read MLS listing? Read this article.
It’s important to remember that finding the ideal person may take some time, effort, and energy, but if you’re patient and put in the effort, you’ll most likely discover someone with whom you’ll get along. To put it another way, don’t be shocked if you don’t discover someone you like straight away; finding someone may take some time. Although you could get lucky and discover someone who is a perfect match for you in terms of personality, experience, expertise, style, and so on.
Buying a property is a journey, not a sprint; it’s more akin to running a marathon or completing a triathlon and choosing the appropriate real estate agent or broker is simply the first step.
Finding the right agent, means having someone on your side when it comes to negotiating, someone who is in your corner, someone who can coach and support you throughout the process, answering any questions you might have about home buying, homeownership, and more, and setting you up for success.
If you’re thinking of working with the Pierre Carapetian team you should know you’ll be working with one of the best real estate agents in Toronto. We’ve remained in the Top 1% of all Toronto realtors and have facilitated over half a billion dollars in real estate transactions. Book a call with us here.