Seattle strong economy and housing market has resulted in this area being attractive to Chinese real estate investors. There is now a large contingent of Chinese homeowners and investors here buying and selling real estate, and it seems like the trend will continue on for the foreseeable future.
If you are part of this group, consider the benefits of working with an experienced Chinese real estate agent.
Continue reading to learn more about real estate agents and to understand why it’s in your best interest to work with one.
What is a real estate agent?
Real estate agents are one of the pillars of the United States’ real estate industry. We are licensed professionals skilled in various real estate services and transactions. The main goal is to assist buyers find the right property (sellers) (and vice versa), negotiate a fair deal, and successfully close it.
How we work
Real estate agents have different work styles. Moreover, we can also specialize in different services and markets. Some of us represent both buyers or sellers, while others focus and build their expertise in just one group. You will find real estate agents who deal with commercial and residential properties and real estate agents who choose to focus on just one type.
A buyer’s agent is what we call a real estate agent who chooses to devote his or her expertise representing only home buyers. A listing agent is a broker who will typically specialize in representing sellers.
You can think of your real estate agent as some sort of a liaison officer, representing your best interests throughout the whole buying or selling process. We’re right with you, from the initial stages and right down to negotiations and closing.
I’m a real estate broker affiliated with Compass Washington, a world-class brokerage who is building the first modern real estate platform pairing the industry’s top talent with technology to make the search and sell experience intelligent and seamless.
Real estate agents typically get paid by the seller through commissions. This is usually a percentage of a property’s sale price.
The difference between a real estate agent, a real estate broker, and a realtor
As you look for the best Chinese real estate agent to represent you in Seattle’s housing market, you’ll come across three, oft-confused terms. These are real estate agent, real estate broker, and realtor. What makes them different from each other?
In Washington State, a real estate agentor brokerare essentially the same designation. They are a professional licensed to arrange real estate transactions.
Agents and brokers can also be realtors, but only if they are a member of the National Association of REALTORS® (NAR). It’s a trade association open to various real estate professionals, including appraisers, property managers… basically many occupations in the real estate industry.
As a member of NAR, realtors are expected to adhere to a code of ethics. They must also be part of a board or a local real estate association. As of date, NAR has 1.3 million members in North America.
Why should you work with an experienced Chinese real estate agent?
As a Chinese real estate investor looking for opportunities in Seattle, working with an experienced Chinese real estate agent can enable you to avoid mistakes and get recommendations about the most desirable areas of Seattle for investment.
You may not be familiar with Seattle’s unique neighborhoods or the local housing market. As an experienced Chinese real estate agent, I can advise you about the most desirable areas for quality of life and resale potential in the future. If you are an investor wanting to generate supplemental income, I can also recommend areas offering the highest cap rates and growth potential. Together, we’ll find the right property in Seattle that matches your needs and investment goals.
I am bilingual with strong language skills in English, Mandarin and Cantonese. My Chinese language skills can assist a Chinese client to better understand the buying or selling process in Seattle.
My Chinese language skills are also beneficial to my seller clients, as I can successfully market their property locally, nationally and internationally. I can also communicate with local, potential, Chinese buyers and their agents, on their behalf.
Whether you’re a Chinese investor or you’re looking to sell your property to this demographic, you can use this resource page. Add it to your bookmarks and check it for monthly updates.
- Questions to Ask Yourself Before Purchasing Investment Property
- Top 4 Reasons Chinese Buyers Invest in U.S. Real Estate
- Tips to Raise a Property’s Appeal Among Chinese Buyers
Find Chinese real estate agents in Seattle
Contact me today at 425-829-3417 or mary(at)marypong(dotted)com to get started.