{"id":2127,"date":"2022-04-04T10:00:00","date_gmt":"2022-04-04T14:00:00","guid":{"rendered":"https:\/\/www.deeds.com\/articles\/?p=2127"},"modified":"2024-04-25T23:18:46","modified_gmt":"2024-04-26T03:18:46","slug":"finding-a-good-online-real-estate-agent","status":"publish","type":"post","link":"https:\/\/www.deeds.com\/articles\/finding-a-good-online-real-estate-agent\/","title":{"rendered":"Finding a Good Online Real Estate Agent"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2022\/04\/finding-a-good-online-real-estate-agent.jpg\" alt=\"A person and their cat looking at a computer searching for an online real estate agent.\" class=\"wp-image-2129\" width=\"183\" height=\"193\" srcset=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2022\/04\/finding-a-good-online-real-estate-agent.jpg 733w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2022\/04\/finding-a-good-online-real-estate-agent-285x300.jpg 285w\" sizes=\"auto, (max-width: 183px) 100vw, 183px\" \/><\/figure><\/div>\n\n\n\n<p><strong><em>The Key to Buying a Home Online<\/em><\/strong><\/p>\n\n\n\n<p>Many buyers today are entirely comfortable finding their qualified real estate agents by searching online. Buyers who know what they\u2019re looking for can have a successful journey to homeownership with an online brokerage, saving some time in the process. Just what is it, though, that buyers would need to look for? Let\u2019s take a look at what\u2019s going on here.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Virtual Brokerages Have Risen to the Top of Home Buyers\u2019 Searches<\/strong><\/h2>\n\n\n\n<p>Virtual real estate companies facilitate interactions among recruiters, agents, and the public to oversee transactions without physical office space. This is not so much an abrupt shift as a continuing evolution. Often, even in traditional home purchases, a buyer might only see an agent\u2019s office once or twice. More and more signings are done remotely in today\u2019s residential real estate market \u2014 perhaps apart from the point at which the parties sit down at the closing table with an escrow agent. The location that\u2019s really in focus has always been the home itself.<\/p>\n\n\n\n<p>Online real estate firms back their agents with training, administrative support, and professional resources. Their lower overhead allows for benefits such as strong commissions, revenue sharing, medical insurance, and employee stock ownership plans.<\/p>\n\n\n\n<p>So, who\u2019s who in today\u2019s online search?<\/p>\n\n\n\n<p>In addition to all-around services by the high-profile names (including Redfin, Trulia, Zillow Group and Realtor.com), there are emerging companies that bring a laser focus to virtual transactions. For example, Fathom Realty enables anyone to find an agent on its website, and facilitates novel <a href=\"https:\/\/zavvie.com\/fathomoffers\/\" target=\"_blank\" rel=\"noreferrer noopener\">real estate purchase methods<\/a> like iBuying, or buying a new house before selling the current one.<\/p>\n\n\n\n<p><em>\u261b<\/em> <strong><em>Here\u2019s more about how <\/em><\/strong><a href=\"https:\/\/www.deeds.com\/articles\/zillow-quits-ibuying-for-good-a-message-for-the-2022-home-buying-market\/\"><em>iBuying is rising in 2022 and beyond<\/em><\/a><strong><em> (even though Zillow has left the arena!).<\/em><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/better.com\/realestate\" target=\"_blank\" rel=\"noreferrer noopener\">Better Real Estate<\/a> started out in 2014. In 2015, the company \u201cfunded first 100%-digital loan without a single phone call.\u201d By 2016, it had established Better Mortgage. Better helps clients find agents as well as homes and home loans online. Its agents can connect clients with appraisers and moving companies, too. \u00a0<\/p>\n\n\n\n<p>eXp Realty\u00ae was founded in 2009. Based in Washington State, it\u2019s now one on the world\u2019s fastest-growing real estate brokerages. It lists tens of thousands of <a href=\"https:\/\/exprealty.com\/agents\/#\/?country=US\" target=\"_blank\" rel=\"noreferrer noopener\">real estate agents<\/a> and easily allows searches by location.<\/p>\n\n\n\n<p>Agents with these and other online brokerages use innovative <a href=\"https:\/\/www.dotloop.com\/agents\/\" target=\"_blank\" rel=\"noreferrer noopener\">transaction management technology<\/a>, developed by social media companies like Facebook\/Meta, to offer mobile home shopping experiences. To learn about what they offer and how they differ, just search \u201ccompare\u201d together with the names of the companies you\u2019d like to study. You\u2019ll find plenty of blogs and videos describing and contrasting their services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Best Online Real Estate Agents Are Still the Ones With Talent and Dedication<\/strong><\/h2>\n\n\n\n<p>The more things change, the more they stay the same in the real estate business. When potential clients seek out the best agents, they start by looking for the basics: demonstrable experience in the market, proper licensing, and zeal for their clients\u2019 best interests.<\/p>\n\n\n\n<p>It\u2019s important to scour client reviews and testimonials. Then, a hopeful client can interview agents online. There are even companies, such as UpNest, that focus on the <a href=\"https:\/\/www.upnest.com\/re\/how-it-works\" target=\"_blank\" rel=\"noreferrer noopener\">interviewing and agent selection<\/a> process.<\/p>\n\n\n\n<p>A good agent knows and models the real estate professional\u2019s <a href=\"https:\/\/www.deeds.com\/articles\/your-real-estate-agents-fiduciary-duties\/\">fiduciary duties<\/a> in every interaction:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The duty of loyalty: Putting the client\u2019s interests first.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The duty of obedience: Following the client\u2019s instructions, and never dropping the ball.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The duty to disclose: Ensuring fair dealings and transparency between parties to a transaction.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The duty of confidentiality: Understanding what\u2019s not supposed to be public knowledge.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Reasonable care and diligence: Treating the client and the deal with mindfulness every step of the way.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The duty of accounting: Understanding the elements of a financial transaction and safeguarding the client\u2019s financial resources.<\/li><\/ul>\n\n\n\n<p>Same as ever, the online agent needs to show devotion to the job. This means replying to messages, showing enthusiasm for the client\u2019s goals, and proactively notifying clients of relevant opportunities. The agent should be able to discuss (and demonstrate) length and breadth of experience, number of sales in the past year, and the process of a transaction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Understand Why Agents Sign Up for Online Real Estate Brokerages<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2022\/04\/understand-why-agents-sign-up-for-online-real-estate-brokerages.jpg\" alt=\"Person looking at a computer in a house with moving boxes around them.\" class=\"wp-image-2128\" width=\"402\" height=\"602\" srcset=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2022\/04\/understand-why-agents-sign-up-for-online-real-estate-brokerages.jpg 536w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2022\/04\/understand-why-agents-sign-up-for-online-real-estate-brokerages-200x300.jpg 200w\" sizes=\"auto, (max-width: 402px) 100vw, 402px\" \/><\/figure><\/div>\n\n\n\n<p>Before you decide on who will represent your interests, you\u2019ll want to understand something about the online agent\u2019s point of view. After all, knowing what\u2019s in it for the agent will help you know what\u2019s driving your own success as a home buyer or seller.<\/p>\n\n\n\n<p>Online brokerages meet their business goals in multiple ways. They save on overhead, especially by reducing the need for ownership and maintenance of physical office space. In this way, the virtual real estate company can prepare itself for economic volatility. It also attracts agents who want to perform well, but are more comfortable working from their own desks for public health reasons.<\/p>\n\n\n\n<p>Not all agents are cut out to flourish as remote workers. Yet many agents at online brokerages don\u2019t have to. In-person education and physical conferences are available, but generally optional. Most everything in a good virtual brokerage is run in hybrid form (blending online and in-person connections), allowing everyone to participate from anywhere. And everyone has the opportunity to attend company meetings at the state level.<\/p>\n\n\n\n<p>Moreover, many real estate professionals are self-motivated and client-focused, and the shift to virtual work appeals to them. They thrive with the ability to learn, meet, and interact online. The company\u2019s state leadership team is there to answer the questions that inevitably arise. Through chat software, company mentors can help agents promptly.<\/p>\n\n\n\n<p>Agents from traditional brokerages know other agents, so when some shift to the online model (whether they\u2019re employed as \u201crecruiters\u201d or not), they might attract other professionals to follow suit. This means the first agent to join makes money from the sales closed by subsequent agents.<\/p>\n\n\n\n<p>Recruiters are well paid from the sales of those they bring on board. While critics call this model akin to multi-level marketing, proponents point out that when agents benefit from each other\u2019s success, support and knowledge-sharing is incentivized. Experienced agents get involved with coaching newer peers, eager to benefit from the success of the group because they own shares in their companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>In Short: This Real Estate Model Is Poised for Growth\u2014And Attracting Dynamic Agents<\/strong><\/h2>\n\n\n\n<p>The key, of course, is knowing how to look for the best ones. As our readers know, today\u2019s real estate market is intensely competitive. Many homes for sale receive several bids. A full-time, dedicated agent is eager to share knowledge with the client, and is clearly focused on the best ways for the client to succeed. This has always been true, and will never change.<\/p>\n\n\n\n<p>Today, technological innovation is a key element of real estate transactions of all types. We therefore expect the virtual home purchase model to appeal to a growing set of customers, companies, and agents \u2014 in the United States, and worldwide.<\/p>\n\n\n\n<p><strong>Supporting References<\/strong><\/p>\n\n\n\n<p class=\"has-small-font-size\"><em>Deeds.com<\/em>: <a href=\"https:\/\/www.deeds.com\/articles\/your-real-estate-agents-fiduciary-duties\/\">Your Real Estate Agent\u2019s Fiduciary Duties\u2014How Do Professional Ethics Come Into Play in the Real Estate Deal<\/a>? (Oct. 30, 2020).<\/p>\n\n\n\n<p class=\"has-small-font-size\"><em>Dotloop.com<\/em>: <a href=\"https:\/\/www.dotloop.com\/blog\/2019\/05\/virtual-brokerages\/\" target=\"_blank\" rel=\"noreferrer noopener\">How Virtual Brokerage Mobile Tools Can Move Your Business<\/a> (May 28, 2019).\u00a0<\/p>\n\n\n\n<p class=\"has-small-font-size\">Paul Schrodt for <em>Money.com<\/em>: <a href=\"https:\/\/money.com\/everything-know-about-online-real-estate-agent-better-sponsored\/\" target=\"_blank\" rel=\"noreferrer noopener\">Everything to Know About Choosing an Online Real Estate Agent<\/a> (Mar. 2, 2022; sponsored by Better Real Estate).<\/p>\n\n\n\n<p class=\"has-small-font-size\">Photo credits: <a href=\"https:\/\/www.pexels.com\/photo\/glad-woman-with-cat-writing-in-planner-while-using-laptop-6002000\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sam Lion<\/a> and <a href=\"https:\/\/www.pexels.com\/photo\/ethnic-man-typing-on-laptop-while-preparing-to-relocate-4247735\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ketut Subiyanto<\/a>, via Pexels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Key to Buying a Home Online Many buyers today are entirely comfortable finding their qualified real estate agents by searching online. Buyers who know what they\u2019re looking for can have a successful journey to homeownership with an online brokerage, saving some time in the process. Just what is it, though, that buyers would need [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-2127","post","type-post","status-publish","format-standard","hentry","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finding a Good Online Real Estate Agent - Deeds.com<\/title>\n<meta name=\"description\" content=\"Buyers who know what they\u2019re looking for can have a successful journey to homeownership with an online brokerage, saving some time in the process.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.deeds.com\/articles\/finding-a-good-online-real-estate-agent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finding a Good Online Real Estate Agent - 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