What Do People Expect from a Real Estate Agent

Written by Rahul Agarwal Posted On Thursday, 23 February 2023 20:14

One major part of being a real estate agent lies in understanding what your client wants from you and your services because if you don't stand up to their expectations and needs, you might risk losing the deal with them. So, how do you understand what your clients want from your real estate agent service?

Here are six things a client will expect from every real estate agent:

Come With Outstanding Offers

As a real estate agent, both from the seller's and buyer's side, you must understand that your clients put a lot of faith in you. When it comes to selling a home, they want you to come up with attractive deals and offers that can get them noticed by buyers. Similarly, they want you to make them understand why a certain deal with the buyer benefits them.

As a buyer's agent, your client would expect you to come to them with attractive and profitable deals and offers from around the market.

Be Tech Savvy

With the correct use of technology, a real estate agent can streamline their work and be of better use to their client. Using technology to your benefit can increase work efficiency, close more deals, and help you gain the upper hand in this crowded industry.

There are various tools a real estate agent can use. From virtually staging an empty property for clients to visualize a property to making real estate videos to attract more buyers, any seller or homebuyer would like to hire you if you have the right knowledge of using tools and services to speed up the buying and selling process.

  1. Have a Thorough Understanding of the Market

This is the least a real estate agent can do to survive in this competitive market. As such, the real estate industry is overpopulated, and in this tough competition, the only thing that can make you stand out from the crowd is deepening your knowledge of the industry.

A client is searching for a real estate agent who's an expert in their area of interest and market. So, it's the best practice for real estate agents to keep themselves updated with the latest facts and figures related to the desired interest area. This can help you guide your clients better for achieving their home buying or selling goals within the desired budget.

Schedule More Open Houses

How will your client buy a property if you are not getting them into open houses frequently? A buyer liking a property is a good sign, so quickly schedule an open house even for off-market properties and listings similar to their taste. This will help them explore properties they never knew were available in the first place, and they'll be satisfied with choosing you as their agent! Remember to be proactive in finding your client their dream home.

If your clients are running on a tight schedule and cannot attend open houses, consider giving them virtual tours or walking them through a listing with the help of video calling.

  1. Possess the Ability to Negotiate

The ability to negotiate effectively is essential for any real estate professional and is an integral part of the job. Negotiation is a delicate process that requires patience, understanding and tact, all of which are essential elements to being a successful agent. 

When negotiating on behalf of your clients, it’s important to remember that both parties should feel like they have won something in the end. You must listen carefully and remain open-minded to identify areas where you can reach a compromise that works best for everyone involved. Additionally, understanding your client’s needs and wants will help you craft the best possible solution while avoiding any unnecessary conflict or tension during negotiations.

Be Able to Price Properties Accurately

Real estate agents are responsible for helping their clients price their property competitively to ensure they make the most out of their investments. This is often difficult as it requires extensive market research and an in-depth understanding of current pricing trends. However, real estate agents who have adopted best practices when pricing properties often achieve better outcomes for their clients. 

Form a Bond With Your Client

Lastly, buying/selling a property is more about making an emotional deal than making a big financial decision for your client. So, as a real estate agent, they expect you to hear them out – what their fears and hopes are regarding a property – and also want you to connect with them emotionally.

Author Bio:

 

Rahul Agarwal is the Co-founder & Chief Business Officer at Styldod, where he has taught a computer to do interior design! Styldod provides the most hassle-free & inexpensive virtual staging solutions for real estate agents so they can sell their listings faster, and for higher prices. Rahul was also a co-founder of Mebelkart. He pushes the boundaries with his innovative entrepreneurial stints and is also a sound startup investor & advisor.

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