How to Find a Good Real Estate Agent (2)
You want a real estate broker with lots of years experience and transactions, correct?
While helping a client look for a home and make offers, I came across some stunning, and typical, bad understanding of proper offers - by experienced agents doing a lot of deals, because "that's the way we've always done it"/"that's the way I was taught".
Example: The Seller Disclosure Statement (Form 17) specifically says it "is not intended to be part of any written agreement between buyer and seller." I keep finding listing agents asking for it to be part of the offer. The Washington Realtors Legal Hotline Lawyer says NOT to include it in the same pdf with the offer to make it clear that it is not part of the offer.
Example: I keep finding agents adding a Foreign Investor in Real Property Tax Act (FIRPTA, Form 22E) form in counter offers when I specifically and properly did not include it in the offer. The Washington Realtors Legal Hotline Lawyer says NOT to include it in the same pdf of the offer to make it clear that it is not part of the offer. It is meant for information for the buyer for one simple checkbox on the offer, and for the closing agent.
All this training and much more is readily available on the WA Realtors Legal Hotline Lawyer YouTube page. I have learned it by watching short (ten minutes or less) videos each week by on that page to keep a "beginner's mindset" and be the best trained agent that I can be.
What are the agents that talk about their millions in closed sales doing? Doing marketing, marketing, marketing. I have found them to be the least knowledgeable about things like real estate law, what makes a good investment, and how to spot big problems in a property. (Of course, very few have my extensive experience collecting and managing rental properties; and just about zero are licensed inspectors as I am.)