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10 Questions to ask your REALTOR®
- Is Real Estate Sales your full time job, or do you have another job as well? (Many Real Estate agents just do real estate sales on the side for extra money. You should pick an agent whose job is strictly real estate sales if you want professionalism and the best service.)
- Do you personally own real estate? (Many agents do not even own real estate themselves, so why should you by something from someone who has not been through the process and emotion themselves?)
- What makes you different from all the other agents I have to choose from? (With a new generation of buyers entering the market, a young, energetic, technologically advanced agent may serve you better than one who is not, since they will better market to the generation that is currently buying homes.)
- What types of specific marketing systems and approaches will you use to sell my home? (Look for someone who has aggressive, innovative approaches, not just someone who’s going to put a sign in the yard and hope for the best. With 80% of Buyers looking online for a home, make sure your REALTOR® has a web presence, not just a web site.)
- Will you represent me exclusively, or will you represent both the buyer and the seller in the transaction? (While it’s usually legal to represent both parties in a transaction, it’s important to understand where the practitioner’s obligations lie. A good practitioner will explain the agency relationship to you and describe the rights of each party. It’s also possible to insist that the practitioner represent you exclusively.)
- Can you recommend service providers who can assist me in obtaining a mortgage, making repairs on my home, and other things I need done? (Keep in mind here that real estate professionals should generally recommend more than one provider and should tell you if they receive any compensation from any provider.)
- What type of support and supervision does your brokerage office provide to you? (Having resources, such as in-house support staff, an in-house lender, access to a real estate attorney, or assistance with technology, can help a real estate professional sell your home.)
- What’s your business philosophy? (While there’s no right answer to this question, the response will help you assess what’s important to the real estate practitioner—fast sales, service, etc.—and determine how closely the practitioner’s goals and business emphasis mesh with your own.)
- How will you keep me informed about the progress of my transaction? How frequently? Using what media? (Again, this is not a question with a correct answer, but that one reflects your desires. Do you want updates twice a week or don’t want to be bothered unless there’s a hot prospect? Do you prefer phone, email, or a personal visit?)
- How can I contact you and how soon can I expect a reply? (With the advances in technology, your agent should be able to respond back to you within 30 minutes or less (unless they are in a meeting or driving), even if it is just to acknowledge they have received your request and provide you a time when you can expect an answer.)
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If you are getting ready to sell your home and want to know my answers to all of the above questions, fill out the following form and I will schedule a time for us to meet.
And as always, none of the information you provide is ever shared with anyone without your permission! |
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