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Finding a Real Estate Agent Amid the Fakes

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For those who find themselves venturing into the world of real estate, one of the first and foremost requirements of a smooth, trouble free buying experience generally comes in the form of a good real estate agent. However, even something as simple as finding a reputable agent can seem like an intimidating task. As many have found, a real estate agent that costs more money or works for a large, well known firm is not always a guaranteed means of success. Finding the right agent can bank on a lot of different factors; but for the most part, the agent who is ethical and consistently represents the needs of his or her clients should be the only one that makes the grade.

When finding a good real estate agent, it is important to know the difference between Realtors, agents and brokers. While real estate agents are those who have obtained a salesperson’s license, Realtors are those who are qualified to sell property as either a broker or an agent. They are required to follow a specific Code of Ethics commanding a higher level of conduct than a regular agent. A broker represents either a buyer or a seller in exchange for a commission. They act as somewhat of an intermediary, looking to garner a common and profitable agreement between the buyer and seller.

Contrary to popular belief, finding a good real estate agent does not always come from the yellow pages or an advertisement on the side of a bus. Many have found just what they were looking for by asking friends, relatives and co-workers for recommendations. A word of mouth recommendation allows one to hear firsthand what type of experience they can expect to have with a certain realtor. This can save much in the way of time, energy and even possibly a negative buying experience. Many an agent knows they must stake their career on their reputation and work hard to protect it. The names of those who represent their client’s needs on a consistent basis without fail are likely to come up time and time again.

One beneficial tip that allows prospective clients to see a real estate agent in action is to visit open houses whenever possible. Not only will a seller be able to get a feel for the attending agent’s personality, it also gives insight into the agent’s selling skills. While some agents are aggressive and like to present the facts, others prefer to allow buyers to approach them when they are ready. Furthermore, there are agents who do very little at all. If an agent tends to come off as inconsistent in personality or possibly unethical, it allows for one to safely and thankfully avoid the chance for a future real estate disaster.


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Myrtle Beach Real Estate News

Real estate bet left Myrtle Beach area bank limping

Construction stopped at the Little Palm Key subdivision when the Myrtle Beach area real estate market imploded, but the empty lots and streets to nowhere illustrate the troubles now facing Plantation Federal Bank.

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Waccamaw Bankshares, Inc. Announces Financial Results for the Second Quarter of 2010

While we were disappointed with the results for the quarter, we are encouraged by the improved financial performance being reported in 2010. Our earnings continue to be reduced by our provision for loan losses but the real estate markets consistently reflect signs of stabilization of real estate values," commented, Jim Graham, President and CEO of Waccamaw Bankshares, Inc.

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Fed: U.S. economy continues slow, sluggish growth

The Federal Reserve said U.S. economic growth slowed in some areas over the past two months, dragged down by commercial real estate and the expiration of a tax credit for homebuyers.

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Builder pleads guilty to fraud: $500,000 from SunTrust diverted to investment firm

July 29--A Mount Pleasant-based home builder pleaded guilty Wednesday to defrauding a bank as part of a desperate but foiled attempt to keep a faltering real estate project afloat.

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75 Percent of Nation's Top Metro Areas Post Increasing Foreclosure Activity in First Half of 2010

IRVINE, CA--(Marketwire - 07/29/10) - RealtyTrac ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, today released its Midyear 2010 Metropolitan Foreclosure Market Report, which shows 154 of the 206 U.S. metropolitan areas with a population of 200,000 or more posted year-over-year increases in foreclosure activity even while foreclosure ...

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