Question Details

Interested P…, Both Buyer and Seller in Norristown, PA

We are looking to list our home, can anyone give advice on how we can determine the leading agency and agents

Asked by Interested Party, Norristown, PA Fri Jun 27, 2008

in our area?

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Answers

1
Here are questions that will help you narrow the list of candidates:

• Are you a full-time or part-time real estate agent?
• How many years have you been in the real estate business?
• Is your license in good standing?
• How many homes have you sold in your career?
• How many homes have you sold in my area last year? …this year?
• How does that number of sales compare to the statistics of the National Association of
REALTORS®?
• What is your educational background?
• Do you offer any guarantees? What are they?
• May I call some of your past clients?
• What kind of experience and training do you have in negotiating?
• Can we get out of the listing without a hassle if we’re not pleased with your services? (Ask if
a clause to that effect can be written into your agreement.)
Will you design a written marketing plan specifically for our property?
• Where does your company rank among other companies in the area?
• Are you a member of the NATIONAL ASSOCIATION OF REALTORS®? Are you a member of the local
Board of REALTORS®?
• Are you a member of the MLS?
• Does your company have a widely-recognized logo that will call more attention to our home?
• How often will you be in touch with us from the time we hire you until escrow closes?
• Do you personally or does your company spend money on advertising?
• Specifically what type of advertising will you use to sell our home?
• If you’re not personally available, what support do you have in place to take care of my
needs?
• What do you do, if anything, to help prepare our home for sale?
• Do you market within as well as outside the real estate profession?
• Will you invest time marketing specifically to homeowners in this area to find out if they
know someone who would like to live in this neighborhood?
• Will you hold Open Houses? How effective are your Open House strategies?
• Will you do Direct Mailings about my property? How many? How often?
• Will you personally handle all contract negotiations?
• What commission rate do you charge?
• In the current market, at what price do you think our home will sell?
• Will you prepare a comparative market analysis for our home?
0 votes Thank Flag Link Fri Jun 27, 2008
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