Choosing a Realtor for Your Expired Listing

Did your Brooklyn or Manhattan property become an expired listing? Are you searching for a new realtor? Here are 5 areas to consider when speaking with a New York expired listings real estate agent:

Does he/she know the area? 

Regardless of if you’re new to the area or not, you need someone who knows the area. You should be able to ask questions such as “How close is the nearest Target”, “What school district is this neighborhood in?”, and “What does traffic look like here?”. The more your realtor knows about the area, the more comfort you’ll find in your new location. 

How much experience does he/she have?

You want to know that you will be taken care of if problems arise. Having a realtor who has navigated some tricky circumstances beforehand will be beneficial to you so that you are not the “guinea pig” in that situation. Better yet, he’ll have knowledge as to how to avoid those problems before they develop. Additionally, you’ll want to ask if they have specific experience in selling expired listings.

What is his/her communication style?

Be upfront with your realtor as to how often you expect to hear from him/her. Do you want to be sent every house listing in your price range/projected neighborhood? Do you only want to be sent houses that fit the criteria on your wishlist? How do you prefer to be contacted? Are you email only or are text messages okay? Having this conversation early on in the realtor search will help eliminate potential frustrations.

What do the reviews say? 

Just as you would read reviews when searching for an Airbnb or before booking an excursion, be sure to read up on your potential realtor. What did their past clients have to say about them? How are their negotiation skills? Remember the majority of those who leave reviews either had a wonderful experience or a terrible experience, so you’ll have to average out the reviews for yourself.

Credentials, Awards, Licensure 

A quick search online should show you what types of credentials, awards, and licenses the proposed realtor holds. This information will let you know if he has a specific industry he specializes in (military, vacation homes, etc.) and whether it would be a good fit for a partnership or not. 

*ExpLiMO provides high quality leads on a daily basis and offers a unique opportunity for Manhattan and Brooklyn real estate agents to prospect for expired listing leads and grow their business exponentially.