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What are the 10 most important questions to ask your realtor?

Asked by Trulia Las Vegas, Las Vegas, NV Wed Jan 30, 2013

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Trulia Las Vegas,

Chemistry is important. So are credentials. Above all, you'll want an experienced agent who has the resources of a leading real estate firm behind them-a firm such as Urban Nest Realty.

Some helpful hints on finding and working with a Realtor®:

•Ask friends, family members, neighbors or co-workers for referrals.
•Trust your intuition.
•Share with your Agent as much as possible about your lifestyle, tastes, needs and dreams for your home.
•Focus your search on a few geographic areas.

Plus ask them some of the following questions:

How well do you know the area(s) that interest me?
An agent who knows the area or neighborhood you are interested in is extremely beneficial to you.

How many other buyers and sellers do you currently represent?
You want an agent who will give you personalized attention, answer your calls quickly and communicate with you often. Keep in mind, though, many busy, experienced agents are the most efficient.

Will you handle all aspects of my transaction or will you delegate some tasks to a sales associate or administrative assistant?
If you choose to work with a busy agent, a knowledgeable assistant can be very helpful when you have questions or need immediate attention.

Will you give me a list of homes you sold in the last 12 months?
Contact some clients that have worked with the agent and ask them about their experience. The list should contain addresses, property types, names of sellers or buyers, sale dates and prices. Ask the agent for testimonials from satisfied customers

I am further in agreement with Steven, you should always ask about any fees upfront or otherwise charged by the Agent/Broker.

Best,
Your Trusted Advisory in the Community!

Lisa Santacaterina
Urban Nest Realty
10220 W. Charleston Blvd, Suite 3
Las Vegas, NV 89135
P: (702) 504-2956
Email: Lisa@RealEstateCollective.com
Website: http://www.RealEstateCollective.com
0 votes Thank Flag Link Wed Jan 30, 2013
Fun Questions:
1. Do you buy lunch?
2. Will you take my phone call, even after I just called you 5 minutes ago?
3. Do you have a family?
4. Do you give closing gifts?
5. Do you have a back up agent that is available if you are out of town?

Real Questions:
1. How long have you been selling houses?
2. Compared to other Realtors, why should I hire you?
3. How many closings did you have last year?
4. The year before?
5. Can I get 5 references, 1 buyer, 1 seller, 1 renter, 1 peer & 1 person you built a home for?
Web Reference: http://www.GetSoldOKC.com
2 votes Thank Flag Link Thu Jan 31, 2013
Looks like the gathering of stuff for a Trulia newsletter.

So
#1. Do you buy lunch?
That works for me.

Discussing 'strategy' is just to laborious.

Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
http://RealEstateMadeEZ.us
1 vote Thank Flag Link Thu Jan 31, 2013
Why 10? Is this a magic number?
IMO, the most important question to initially ask a realtor is...are you a full time agent?
0 votes Thank Flag Link Thu Jan 31, 2013
#1. How much do you charge? Answer is typically zero to the Buyer. Sometimes, if the price is low or the agent is greedy, they will charge a flat fee. Some agents charge just because they can and the unsuspecting buyer pays the fee.

Some Realtors will charge a retention fee with full credit going to the purchasing of a property. This is the best of both worlds. The Buyer gets a dedicated Realtor and the Realtor get a dedicated Buyer.

Typically the Realtor receives payment from the Seller side after close of escrow. Any additional fees received by the agent/Broker must be disclosed on the HUD1 (closing document showing all funds into and out of the transaction provided by Escrow). Taking a fee and not disclosing it is a violation of NV and RESPA law. In addition, a Broker in NV must provide an accounting, to the person paying the fee when requested.

In NV, all fees paid MUST be paid directly to the Broker and NOT to the agent. Never, ever, ever, pay a fee to an agent.

Please contact me immediately if you know a person that cannot make their mortgage payments. I will work with them to avoid foreclosure or bankruptcy at no charge or fees to them.


Steven Goldman, CRS
Broker Salesman
Certified Distressed Property Expert (CDPE)
Certified Default Advocate (CDAT)
Certified Short Sale Professional (CSP)
Certified Probate Real Estate Specialist (CPRES)
REO-BPO Certified
GRI, ABR, SRES, CNHS, PM, CCI
Realty One Group
10750 W. Charleston #180
Las Vegas, NV 89135
Direct 702-242-1372
Fax: 866-286-2099
E-Mail: crssteven@teamgoldman.info
http://www.teamgoldman.info
0 votes Thank Flag Link Wed Jan 30, 2013
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