Serving Bel Air, Benedict Canyon, Beverly Hills. Brentwood, Laurel Canyon, Los Feliz, Malibu, Pacific Palisades, Melrose, Santa Monica, Sherman Oaks, Studio City, Topanga, Canyon, Westwood & Hollywood Hills.

Name

E-mail

facebook Canyon News twitter Canyon News

Canyon News

Bel Air News

Beverly Hills News

Brentwood News

Hollywood Hills News

Laurel Canyon News

Los Angeles News

Los Feliz News

Malibu News

Melrose News

Pacific Palisades News

Santa Monica News

Sherman Oaks News

Studio City News

Topanga Canyon News

West Hollywood News

Westwood News

Woodland Hills

Celebrity News

State News

National News

World Headlines

Deaf News

Entertainment

Film

Television

Music

On the Industry

Star Gazing

St. John's Confidential File

Theatrical Musings

Life & Style

Event Listings

Tech Talk

Looking Good For Lots Less

Spirit & Creativity

Miller Time

Books

View from the Hill

NY WEST

Chrystal's Recipe Corner

Career and Life Coaching

Gardening With Tony

Life According To Lenson

Real Estate Realities

Food

Sports

Marathon Running

Keeping It Bruin: A Look Into UCLA Athletics

Baseball

Basketball

Football

Hockey

Pets

Vi's Corner

Pet Tips

Point of View

John Armor

Message to America

Critic At Large... Ruta Lee

Labor Week

Ramblings

10 Degrees Cooler

McConnors corner

Edge of the west

The Physics Wizard

Auto

Kyle's Kars

Travel

Susan Michelle's Compass

Advice

Ask Deanna

Dear Lily

Ask Oona

Features

Dancing with Earthquakes

Archives

Sports Schedules

Traveling Beyond the Canyon

Edge of the West

Law Man

Ask Us

Nathan Tabor

The Angry Economist

Truth Probe

As I See It

Columnists

Truth Conquers

The Live Wire

Notes from Exile

Letters to the Editor

Dog Training by Anthony

Canyon Mews

Speak!

Sponsors

America's Most Wanted Dogs

World Recipes

Vegetarian Lifestyle

Humor

News Briefs

Local News

Books

News

Canyon Fodder

Bad Movie Night

Critical Projection

Ed's on the Town

Fitness Quests

Flashback Films

Stories of the Strange

Gourmet Grandma

He Said/She Said

Home Matters with Yvonne

L.A. Etch-a-Sketch

L.A. Ruminations

McConnor's Corner

Mommy Minute

Musically Speaking

My Back Pages

Publisher's Pages

ResourceINK

Scene and Heard in L.A.

Silly...But Wise!

Sunset Diaries

Table Options

The Paws Cause

TV Stuff

Cartoon of the Week



Real Estate Realities

Tips On Finding A Good Realtor
Posted by David Rosenfeld on Dec 6, 2012 - 7:39:21 PM

LOS ANGELES—Deciding whether to buy real estate isn’t easy. All the soul searching, digging through your financial papers to see if you could even qualify for a loan, not to mention all those discussions with your family and friends about the issue make the decision all that much complicated.

Tips_On_Finding_A_Good_Realtor.jpg

 

But once you decide to take the plunge and agree to look for a nice property to buy, you still must look for a good real estate professional who will make your home-ownership dream a reality and it’s not easy. Certainly a recommendation from friends will help, but ultimately, it’s your decision, not to mention your circumstances that will determine if you’ve made a good choice.

 

First and foremost, your broker must be knowledgeable about the area that you’d like to move to. This is crucial since quality of homes and neighborhoods can vary, not to mention the quality of life in those same areas. Knowing how close a noisy freeway is or whether local schools provide a safe and proper learning environment is especially important; as is whether the area is losing its value due to blight or commercial business closures, for instance.

 

It’s important to remember that buying property is probably the biggest and most important investment in your life. Living in a community that provides you and your family a sense of tranquility and a home is truly a major emotional and financial investment.

 

A broker must also be not only knowledgeable about home buying, but also the type of home you’d like to purchase. That expertise will go a long way toward finding you the right property for you and your family. Brokers who sell mostly condos may not serve you as well if their background was based on the single-family homes that you’re interested in.

 

Personal experience is also a plus for your potential broker. To me, if they don’t own property themselves, then it shows that they don’t believe in the product they’re selling. I would be very suspect of his motivations if my broker were a renter who didn’t own property. It just goes without saying that a broker should own property because it is a good investment and because they want to convey that to their clients.

 

It’s also important for a broker to be able to prequalify them for a loan to start with. The economy is tough and finding financing is never easy, but a good broker will be able to prequalify you and allow you to begin your search for a suitable property.

 

But while most brokers will be able to answer every seeming question you may have about Real Estate, it’s more important that they have the resources to be able to find answers to your questions. As the market moves and fluctuates, it becomes difficult to know all that there is when it comes to real estate, so having the right resources and having the ability to provide you needed answers is another prerequisite for your future broker.

 

Also important is a real estate agent’s ability to manage your expectations. The agent should be able to listen to you and provide you with feedback to help you understand your particular situation. By managing your expectations is generally about being able to give you some realistic expectations. Usually a buyer’s wants are greater than the dollars that he or she has available to make a purchase. Its human nature, but it’s also common in real estate.

 

Finding a combination of right experience, proper knowledge of neighborhoods and the real estate process, having the right resources and being able to manage your expectations is crucial to any broker seeking your business. Or else you can always turn to me at Advantage Real Estate in Santa Monica.

 

David Rosenfeld is a Real Estate broker and president of Advantage Real Estate, a Real Estate and investment firm in Santa Monica, and a Rotary Club member. He has more than 20 years experience in commercial and residential property investments and financial counseling. He can be reached at dr@advantage-realestate.com.



 

Cliffside Malibu

-------------------------

-------------------------

 

Serving Bel Air, Benedict Canyon, Beverly Hills. Brentwood, Laurel Canyon, Los Feliz, Malibu, Pacific Palisades, Melrose, Santa Monica, Sherman Oaks, Studio City, Topanga, Canyon, Westwood & Hollywood Hills.