Nolan Hensley When it comes to selling or purchasing a property, there can be a lot of uncertainty. If you’re looking for a real estate agent, ask yourself the following questions to identify the ideal match:
• How long have you been doing this? Find out how long your agent has been in business, if this is a full-time or part-time position, and if this individual specializes in your neighborhood or area of town (depending on the size of the area you live in). Inquire about the typical length of time that this agent’s homes are on the market, the list-price-to-selling-price ratio, and the types of properties with which the agent has dealt.
• What method will you use to keep me informed? Communication is essential in every successful relationship if you want to buy apartment tulum. Recognize the type and frequency of updates you’ll receive. Indicate how much information you’d like in terms of buyer interest, new property listings, open house feedback, and so on.
• What are the disadvantages of my house? To create reasonable expectations for the house buying or selling process, your agent must provide you with honest feedback. If you’re selling, your realtor should assist you in identifying any flaws that could reduce the value of your home.
• What is your plan of action? Make sure you understand and are comfortable with your agent’s plan, whether it’s a for-sale sign on your front yard, a direct mail campaign, open houses, or online marketing.
If you’re purchasing a property, learn about the types of buyers in your area, how the agent assists you in finding a new home and manages multiple offers, and the agent’s level of activity. Does the realtor, for example, take you to potential properties or simply provide you listings via email?
• Do you work by yourself? Determine whether your agent manages all things on their own or as part of a team. Find out what areas your agent specializes in and who else you might work with and in what capacity if your agent uses a team approach.
• What is the total number of clients you represent? This allows you to estimate how much of your agent’s time you’ll get. Is the agent overworked or doesn’t represent many clients at all?
Your particular preference – time or experience – will determine the proper answer. Your agent should ideally combine the two.
• Can you provide me with a list of your references? These days, you’ll usually find them on Yelp. If not, request at least three client references. When screening, inquire about the agent’s availability, attitude, professionalism, and communication, as well as the happiness of his or her clients.
• What is your fee structure? The majority of real estate commissions are negotiable. Agents usually take a percentage of the sale, ranging from 2% to 4% on both sides of the transaction. The percentages vary by agent, but overall commissions are often around 6%.
Before starting a conversation, look up the national average for your area. Make sure you understand the cancellation policy of the agent, as well as any other fees that may apply.
On sites like the National Association of Realtors, you can also use online assessment tools.
• Is there anything else I should inquire about? Make an assessment of the thoroughness and honesty of the response you receive.
Make sure your agent spends time educating you and making you feel at ease; don’t rush into this decision or relationship. Take note of the agent’s views regarding your home and his or her efforts to clarify crucial phrases in plain English.
Above all, evaluate the agent’s real enthusiasm in assisting you in achieving your objectives.
