Questions to Ask a Realtor
Questions to Ask a Realtor: The Ultimate Guide for Buying or Selling a Home
Are you considering selling your home? If so, choosing the right agent can be a difficult process. In order to find the best one for you, it’s important to ask the following questions before hiring them. These questions will help you identify what kind of agent they are and whether or not they have your best interests at heart. Here are some tips and tricks on how to find a good realtor. Questions to Ask a Realtor.
Questions to Ask
1. What is your experience level?
2. Are you experienced in the type of house I’m looking for?
3. What are your future plans for the business?
4. How do you handle negotiations and communication?
5. How many houses have you sold in the last year?
6. What is your commission percentage?
7. Do you have any references that I can talk to?
8. Will my home be marketed professionally, i.e., multiple open houses scheduled and more listings than I would need to sell it quickly?
9. What is your success rate each year (percentage of homes sold within 30 days)?
How to Interview a Realtor
Before you interview a realtor, it is important to know what questions you need to ask them. For example, do they have any experience with your type of property? Do they have experience with the market in your area? What are their qualifications? Give yourself time to prepare a list of questions and come up with some open-ended ones that will allow you to get the most information out of the interview. After preparing your list of questions, go into the interview armed with all the necessary information.
– What is your background in real estate?
– In general, why are people interested in buying or selling a home?
– What is your opinion on what makes a good realtor in this day and age?
– How long have you been doing this for?
– How long does it typically take for a buyer’s offer to be accepted by an agent or homeowner?
– What can I expect from an average listing agreement negotiation process between me and the listing agent/seller’s agent
– How long does it typically take for an offer to close once it’s been accepted by both parties
– Can I work with you on my side if there are issues after closing (ie: problem appraisal)
– If there’s anything else that I should know about negotiating or selling my home
Tips for Buying or Selling a Home
1) Ask how long they have been in the business: A long-time agent could be worth the potential commission.
2) What is their definition of success? Some agents want to sell your home and make a million, while others want you to be happy with your decision.
3) What are their main goals for the transaction? This will give you insight into how they plan on selling the property.
4) How much time do they dedicate to each sale? A good realtor will have a lot of experience, which means that they spend more time on each sale than a less experienced one.
5) How many sales does this agent typically handle per month? Some agents deal with more than 10 sales per month, but if yours is not an expensive home and you’re not planning on moving soon, it may be better to find someone who deals with fewer homes.
6) What’s their marketing strategy? You want to know if your agent has a strategy to market your property, as well as what type of strategies they use.
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