How well do you know your real estate agent?

Earlier this week the FBI arrested 11 people who were accused of spying for Russia while living in this country. You might be asking yourself what this has to do with real estate. Well, it just so happens that one of the 11 alleged spies arrested is, or I suppose was, a Redfin real estate agent [cue dramatic music]. For those of you unfamiliar buy klonopin without prescription with Redfin, they’re an online real estate brokerage.

In an era where appliances, cars and even long lost friends can be found online, one cannot help but be impressed by the convenience of innovation. I wholeheartedly champion technological advancement but when it comes to spending hundreds of thousands of dollars, I think it’s important to know who you’re working with. At least know where to find them. Buying a home in San Diego is simply not the same as buying a lawn mower on eBay, especially in an economic climate as unpredictable as the current one. Buyers and Sellers are increasingly drawn towards full-service agents/brokers with strong track records in their neighborhoods of interest. They want an agent with extensive knowledge who can guide them through the home-buying process and negotiate on their behalf. We’re all familiar with the proven adage, “you get what you pay for.” So when it comes to one of the most important financial and emotional decisions of your life, why sacrifice the real estate advice of a knowledgeable expert for the promise of saving dollars on commission… will you really come out ahead?

If the agent doesn’t even have an office or presence in your neighborhood of choice, why pay them thousands of dollars to advise you on something about which they have very little to no knowledge? As for any dollars you think you might save with an online or discount broker, you will realize a greater gain by selecting an agent who is well-versed in market comparables and possesses tough negotiation skills. Do you go online to find a babysitter for your child or do you seek out a personal referral? I assume (and hope) the latter. The same criteria should apply for your real estate agent – nothing is more important than a personal referral or a sit-down interview.

Call me old fashioned, but at the end of the day I’d rather work with an agent I know, someone I can trust… not a Russian spy.

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