Tuesday, January 01, 2008

Questions To Ask A Real Estate Agent - Part 6

FACT: Many people are inexperienced when it comes to buying or selling a property, so rely greatly on the 'perceived' ability of the real estate agent they are dealing with.

If you are a seller and are considering putting your home on the market, then shop around for the real estate agent that will best meet your needs. Observe real estate agent marketing trechniques, talk with friends and people who have recently bought or sold a property. Then draw up a list of agent's you might consider and then narrow it down to about three and schedule an interview with each real estate agent.

Ask some of the questions we have already suggested (see earlier blogs Part 1 to 5) and also ask these questions:

Why should I list with you rather than any other real estate agent?

Listen carefully to the substance of the answer. Look for honesty and genuine commitment.

Also ask the real estate agent:

  • What is your average market time vs. other agents' average market time?
  • What percentage of houses listed by the agent sold in the last 12 months?
  • How would he or she establish a price?
  • How would the agent market the property?
  • How often will the real estate agent be in contact with you?
  • What references can the real estate agent provide (both personal and for the company he or she works for)?
Number of sales is important but so too is personal and company reputation.

Know how and when you will communicate to avoid unrealistic expectations.

Here is an article you will find helpful. Click on the following link - 4 Real Estate Marketing Tips For Buying And Selling A Home