Choosing a Realtor
Whether you’re planning to buy or sell property, you will want to work with a real estate agent to guide you through the process. While you may have a neighbor or cousin who works in real estate, it’s a good idea to vet potential agents to ensure the best fit for your needs. Here’s a look at questions to ask.
How long have you been in residential real estate sales? Is it your full-time job?
Like most professions, experience is no guarantee of skill. But much of real estate is learned on the job.
How many homes did you and your real estate brokerage sell last year?
This will touch on how much experience they have, and how up-to-date they are on the local market.
How many days does it take you to sell a home? How does that compare to others?
The REALTOR® you interview should have information about their performance on hand and be able to present market statistics from their local MLS to provide a comparison.
What’s the average price per foot that you sell homes for compared to other home sales in the area?
This is one indication of a REALTOR®’s strategy and negotiating skills.
What specific marketing systems and approaches will you use to sell my home?
Your agent should have an aggressive, innovative plan and understand how to market property online.
Can you recommend service providers who can help me obtain a mortgage, make home repairs, and so on?
Practitioners should be able to recommend more than one provider and let you know if they have any special relationship with any of the providers.
How will you keep me informed about the progress of my transaction?
The best answer here is a question. A real estate agent who pays attention to the way you prefer to communicate and responds accordingly will make for the smoothest transaction.
Could you please give me the contact information of your three most recent clients?
Ask their former customers if they would use the agent again in the future.