If you are considering buyer or selling a home perhaps you have a real estate agent in mind you think you will use? Maybe you are thinking of this agent because this person is a friend, friend of a friend, neighbor, someone you work with, a relative, or maybe even the agent you bought the home from? Well, considering you are about to embark on what is, for most people, the largest financial transaction they will make and has become a very regulated industry making transactions much more complicated than they used to be, you should not take your choice of agents lightly and consider investing more time and thought in the process.
The real estate industry is concerned about low-quality agents...shouldn't you be?
Recently, there have been two reports issued by key players in the real estate industry, the National Association of REALTORS® (NAR) and Inman, in which concern about low quality real estate agents was expressed. In the NAR report, title the "D.A.N.G.E.R. Report", in which the trade association examined what they saw as threats to the real estate industry, under the "Dangers to Agents" category, #1 on the list was "Masses of Marginal Agents...".
Source: National Association of REALTORS (NAR) D.A.N.G.E.R. Report
In the second report, by Inman, real estate industry professionals took a survey designed to gauge challenges and opportunities in the industry and, as Inman put it, "the results weren't pretty." According to Inman, the #1 concern among the real estate pro's surveyed, was "low quality agents" with over 77% of respondents naming that as their number one concern.
Source: Inman News
Seriously though, here at MORE, REALTORS®, we focus on the quality, character and professionalism of our agents, rather than the number of agents we have, and, as such, have some of the best St Louis REALTORS in our firm
The list could go on, but the questions above cover some of the more significant areas to focus on in an effort to find a knowledgable, experienced real estate professional and avoid a "low quality agent" that, as the industry reports above address, abound.