Would you work with a new real estate agent ?

Question

Bill Gulley · Answer

So, when you get your license, you can honestly say "I've been in the real estate business for XX years".  I never had a client ask how long I had a license when I started, some ask how long have you been in the business or an agent? Refer to the quote. Start killing them with your knowledge of the area, services you offer, agents you know as a team approach, etc.

Yes, I would work with a brand new agent, in fact, would prefer to in some cases, because I can train them!  You should also target seasoned investors, not newbies as 2 newbies may not be a good combination. You do need to be selective with who you tie up with or you'll be spinning your wheels.

You know more about RE than 90% of the people walking the streets, you'll demonstrate that passing your test. Go get'em!!!!  :)

Alan Brown · Answer

The best piece of advice I got when I started to sell real estate 20 years ago was to 'preview and prospect'... and that was excellent advice.  what people have always wanted from me was my knowledge of the values in the area... Get into any property you can, any way you can! when you know your product and can drive down the street with your client, pointing out how much this and that house sold for, and you've been in a ton of them, people eat it up.  That way you know how to demonstrate a good value to them.

I've moved a bunch of times and have looked for properties everywhere i vacation, Sometimes i get better service frrom a new agent, who has more time and energy and is 'hungry'.  If I feel they have a grasp on the values of the market, I'm very loyal.  So do your homework.

Also, young first time buyers love to work with someone new, because it can be less intimidating for tthem.

I have a very experienced agent engaged to give me a value on one of my properties right now, but I'm not hearing back from her.  My patience is very thin with people who don't communicate.  Get back to people right away and they'll be shocked into working with you!

good luck

Michael Fucciani · Answer

As an agent myself, starting out I obviously didn't have years knowledge or experience. But I surrounded my self with agents in my office who did have years of experience and knowledge and I was able to provide for my clients in all aspect. So yes I would work with a new agent but I would feel out their personality first to see if they have a go getter mentality. As a new agent they have less clients and will be able to focus more time into working with you you just have to choose the right agent!

Dev Horn · Answer

YES, I would (work with a new agent).  But my RE agent partner has a lot of experience in the area and knows values in different neighborhoods better than I do.  Her experience is critical in my determination of an accurate ARV.  I really value that knowledge, more than just her ability to do CMA (comps) for me.

Kelly N. · Answer

Yes!  I met one agent while just starting my search for multi family homes, he was a pretty new agent (less than a year I believe) but he had been a property manager for a long time before that.  We bought 2 houses with his help 2 years ago, a third one last month, and are now working on our next ones.  He has been a great resource and asset for our team!

While we were entertaining ideas of a new market and possibly flipping, we worked with another new agent who is also a friend of mine.  She has been great but we haven't purchased through her since we couldn't find a deal like we were finding in our niche location.

Kelly

Jesse T. · Answer

I agree with @Bill Gulley that your time and experience in Real Estate is more important than how long you held you license.

With experienced investors you can have some confidence in them closing if you present them with a good deal.  Also they should have some idea of what works.  You also can hopefully get some feedback if the deal/listing misses their criteria.

Vricia Sanchez · Answer

@Karen Margrave I am in the process of getting my license and I do work with a real estate company. I do have knowledge of real estate aspects. I was just wondering if it's hard at first since one has no experience on their own :-)

I do transaction coordination but it's the same as what the agent does

Karen Margrave · Answer

@Vricia Sanchez  It would depend on the agent. When I first got my license, I had been working in a real estate office as an executive assistant. I did all the advertising on listings, and went on weekly caravans. I knew all of our office listings, as well as other offices. When agents were showing clients, they'd ask me what properties to show. In addition, I had run all the escrows of 35 agents. When I got my license I was probably more qualified than most of those agents.

Would you work with a new real estate agent ?

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