Make sure you choose a realtor who will provide top-notch service and meet your unique needs.
1. How long have you been in residential real estate sales? Is it your full-time job? While experience is no guarantee of skill, real estate — like many other professions — is mostly learned on the job.
2. What designations do you hold? Designations such as GRI and CRS, which require that agents take additional, specialized real estate training, are held only by about one-quarter of real estate practitioners.
3. How many homes did you and your real estate brokerage sell last year? By asking this question, you’ll get a good idea of how much experience the practitioner has.
4. How many days did it take you to sell the average home? How did that compare to the overall market? The realtor you interview should have these facts on hand, and be able to present market statistics from the local MLS to provide a comparison.
5. How close to the initial asking prices of the homes you sold were the final sale prices? This is one indication of how skilled the realtor is at pricing homes and marketing to suitable buyers. Of course, other factors also may be at play, including an exceptionally hot or cool real estate market.
6. What types of specific marketing systems and approaches will you use to sell my home? You don’t want someone who’s going to put a For Sale sign in the yard and hope for the best. Look for someone who has aggressive and innovative approaches, and knows how to market your property competitively on the Internet. Buyers today want information fast, so it’s important that your realtor is responsive.
7. 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. Your realtor should explain his or her agency relationship to you and describe the rights of each party.
8. Can you recommend service providers who can help me obtain a mortgage, make home repairs, and help with other things I need done? Because realtors are immersed in the industry, they’re wonderful resources as you seek lenders, home improvement companies, and other home service providers. Practitioners should generally recommend more than one provider and let you know if they have any special relationship with or receive compensation from any of the providers.
9. What type of support and supervision does your brokerage office provide to you? Having resources such as in-house support staff, access to a real estate attorney, and assistance with technology can help an agent sell your home.
10. 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 agent and determine how closely the agent’s goals and business emphasis mesh with your own.
11. How will you keep me informed about the progress of my transaction? How frequently? Again, this is not a question with a correct answer, but how you judge the response will reflect your own desires. Do you want updates twice a week or do you prefer not to be bothered unless there’s a hot prospect? Do you prefer phone, e-mail, or a personal visit?
12. Could you please give me the names and phone numbers of your three most recent clients? Ask recent clients if they would work with this realtor again. Find out whether they were pleased with the communication style, follow-up, and work ethic of the realtor.
That is a good question. Nearly every agent has a LONG list of questions you should (they want you to) ask and each list results in THAT agent being the best qualified!
The August 2012 edition of Smart Money included an exhaustive article on the delima of rating, evaluating or grading real estate professionals. They too found the task overbearingly difficult.
Your approach to qualifying a agent to represent your interests is quite traditional, but flawed. You would be well served to take a different approach. Rather than being enrolled in the Q & A session recommended by real estate agents, which by its very nature results in a selection bias so significant the results should be considered invalid.
Every buyer or seller has seven questions that must be answered. No, not 10, 17 or even 25! Only seven. And these seven questions, to which you must have an answer to have real confidence in your choice, are questions you will NEVER ask. The agent with your best interests at heart, and whose personal agenda takes a back seat to your needs will intuitively satisfy these seven questions and demonstrate by doing so, they are on the same page you are on.
What is bedevilish about these seven questions is you don't know you have them. However, upon knowing them, they are the embodiment of all things of importance to you when considering the purchase and sale of your home. Upon reading them you will be convinced. Experiencing the agent who is up to the task you will have a true 'Ah Hah," moment. You will discover there is a big difference between a well choreographed dance and one who has a core commitment to achieving what is in your best interests. With the latter, the peace you will experience will be profound. Centered in peace and clarity, you will be in a better position to make decisions as required in the next few months.
Now, can you not see how utterly ridiculous compiling an exhaustive list that includes all the suggests of agents who want to to ask a question for which they have already prepared a song and dance? The outcome of such a process will result in choosing, not from the results of the 'survey' but solely by the personality you remember, or worse still, the one that said 'Yes, I'll do that,"' to everything you suggested.
I have found folks only value that for which they must make an investment. Those things given freely are assigned an equivalent value. You can invest the time to research my Q&A responses to find the seven questions or drop me a note.
Seven questions. And you will never ask any of them. Seriously, imagine that.
Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, Fl
Are you a full time Realtor?
How long have you been in the business?
How many homes do you sell per year?
How many homes have you sold in your career?
May I see a print out of your MLS history including days on market?
Where will you advertise my home on-line? Look for at least 50 websites!!!!
Will you help me to prepare/stage my home to show it's best?
Will you use 35 mm digital photography or a professional photographer to get GREAT photos of my home?
These are just starters. You'll also want someone that you connect with personally.
2. Where would my real estate property be viewed or exposed?
3. Are you connected to what Associations?
4. How many website you have or your company for my property to be expose?
5. What does your company offers to Sellers?
6. How energetic, responsive and creative are you?
7. Are you good with social media?
8. Do you have a marketing plan?
9. Do you actively participate in some events to help market my property?
10. What will you do if I don't sell my house after few months?
Epro, SFR, CDPE, CIAS
Keller Williams Realty, The Market Place 1
1333 N. Buffalo Dr. #270
Las Vegas, NV 89128
Here is what I always say, when you talk to an experienced Realtor, select the person you trust the most, who is
most honest and straightforward with you (remember you want to hear the truth about the market and of your
home's value in today's market !!!!! ---- and certainly do not want the Realtor to tell you all YOU WANT to hear)
The Realtor who has worked for several years in your area/areas, will have listed, or shown or previewed many many homes and could even at this point preview homes currently on the market that area similar to yours (even show a few to you for your own better idea what potential buyers will compare YOUR home to --- I always do that for my sellers)...
And then you want to make sure that the Realtor will be your point of contact, will understand what it is that you need in the sale as well as the purchase of your next property, you want to be open and honest with what it is that YOU expect, like being kept informed with any feedback, and potentially also have the Realtor's help for staging i.e. improving the impression your home gives to the potential buyers.... like removing, or moving furniture, adding a coat of en vogue color paint to a room, entrance or a wall in certain rooms like dining room and living room.....
In other words, the person/Realtor you trust most who understands your needs most and will have the time
effort and services you feel most comfortable with you should select.
Remember who you found or selected your family physician, attorney, hair dresser etc.
Same here, availability of the agent, his/her understanding of your needs and constant communication
are probably most important.
Good luck in finding the right one for you.
Edith YourRealtor4Life! And Chicago/Northern Illinois & North Shore Expert
Working always in the very BEST interest of her clients....
You are doing your homework and I commend you for it. I advise even my family members and friends to interview several agents, and to not just hire me because they know me. This is business and you're on the right track as you prepare to buy and sell a home.
Your questions are those I hear often. As a result, I wrote a blog topic on this last year. Please read "Selecting the Right REALTOR for You" http://ariana.featuredblog.com/?p=14 and "Is Your Agent There When it Counts?" http://ariana.featuredblog.com/?p=33
You will find the answers to your questions in both blogs above. Should you have further concerns, please don't hesitate to ask me directly. I'm not only happy but honored to assist. I service the entire DC Metro area. Thank you.
Did you know that when you a hire an Agent that means you hire that company she belongs to?. It is the company who is representing you so go for the GOLD with GOLDEN RULE. "SMARTER, BOLDER, FASTER"
I was trying to answer your question last night and my home pc is not working properly.
Here's what to ask the Agent
1. Full timer
2. See sample of their listing
3. Where it is going to be advertised
4. Hire Agents that belongs to a big company. More exposure of company, Agents means more exposure of your property. So as what does the company do for the community. Century 21 New Millennium does lots of stuff. November 14 is another year for us of cheering/helping childrens at National Children's hospital in DC. Bringing them a day of fun such as art works & giving them DVDs and DVD players. In the past we do assist them in having an art work like painting. The more we help the better we are exposed.
5. Creativity of an Agent. I market my listing to Renters that's been renting for more than 300+days. They are most likely ready to buy.
6. Responsiveness. You don't want to miss every call.
7. Polite, kind and goes extra mile. WHY? every little kindness, help the whole team to sell..Don't be rude. Buyer go away.
8. Ask for a referrence that you can contact about the Agent's activities.
...............More info I could share but we do alot
like TEXT rider on your For sale post tha helps Buyer see the property info, picture and price before even calling the Agents.
If you more info don't hesitate to call. It won't cost you..240-427-8118
Good luck and best wishes
Since your house is one of the most valuable assets you own and one of biggest investments you'll ever make, no one should judge you for being more than a little choosy about who you hire to help sell it. Find an agent whose philosophy and methods align with your preferences. Be prepared to interview at least two or three agents to find the right person. Asking the right questions will help you gain insight into the agent's capabilities and personality. Of course, he or she should offer stellar references and be thoroughly familiar with your neighborhood.
I would also like to know the amount of time that agent would be available to help you. Will they answer your questions by phone and or email quickly.
Do they have the experience to coordinate the sale of your home and the purchase of your next home.
Will they be able to help you get the best deal for both the sale and the purchase of your homes.
Great question! Not enough space in this forum to give all the information you need. I would encourage you to go to my website http://www.thecongressionalteam.com and click Resources. Then click Buyer and Seller Tips.
That is a great question!
On my website I have addressed both of these questions.
For questions to ask when interviewing a real estate agent for the sale of your home:
For questions on interviewing an agent for the purchase of your new home:
I hope this helps!