Because buying a home is one of the most significant financial investments you will make, it’s essential to choose an advisor with in-depth knowledge of your local real estate market and specialized experience in the property types you are interested in. Once you’ve defined your goals, needs, and budget, here are tips to select a realtor who can  represent your best interests.

The tips below are part of a series of blog posts that provide an overview of home buying essentials. If you would like to receive a comprehensive guide on buying a home, download our free 2015 Home Buyers’ Guide.

For additional advice on buying, investing or selling real estate, check out additional real estate tips on our blog.

Choose a realtor that meets the following requirements:

Local Expertise

It’s important to work with a realtor who has deep understanding of your local real estate market, and who has direct experience with the specific types of homes, developments and neighbourhoods that match your life stage and lifestyle.

Access

In some neighbourhoods, homes are sold within hours or days of being listed on MLS. An agent with in-depth knowledge of your target area and a good industry network will be able to facilitate priority access to new listings.

Real Estate Specialization

Whether you’re looking for a luxury downtown condo, a private waterfront estate, or a vacation home outside of the city, it’s important to choose a realtor that specializes in the type of real estate you are looking for. A specialist will be able to advise you on the unique market and property factors to consider before making your purchase.

Professional Service and Discretion

Take the time to interview several real estate agents before choosing one that commits to providing you with confidential, knowledgeable, and responsive service. Your agent should guarantee discretion, monitor and promptly deliver listings that meet your criteria, and facilitate viewings and property tours according to your schedule. When you’re ready to buy, he or she will be the one to facilitate the negotiation and purchase of your home.

Remember, taking the time to select an experienced real estate agent that understands your unique needs and goals will facilitate a smooth home buying process and maximize the chance that you’ll find an ideal home at a price that meets your needs.