Questions To Ask A Realtor When Buying

Questions To Ask A Realtor When Buying – Posted by Jason Fox Monday, March 1, 2021 at 4:17 pm By Jason Fox / March 1, 2021 Comment

There’s a reason nearly 90% of sellers use a listing agent: selling a home takes time, knowledge of neighborhood trends, and negotiation skills.~ (Money)

Questions To Ask A Realtor When Buying

Ask anyone who has ever had a bad experience selling a house and they will tell you that a weak real estate agent is a nightmare.

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One of the best ways to reduce your chances of getting a bad real estate agent is to ask them lots of questions. You want to know if this is the person for the job, after all they are earning a commission for their work and you want to be satisfied.

If I’m a newbie agent chances are they won’t like this question, I know I didn’t.

You want to know that the person responsible for selling your house has a reasonable amount of experience in the field. We are sure there are great beginners out there, but experience is golden in this field.

If you decide to go with a novice, make sure they are honest about their inexperience and willing to find your answers quickly and accurately.

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; What support system do you have in place when you encounter a unique problem or situation. Or are you part of a team with an experienced agent overseeing the deal?

Most clients we meet with today have a pretty good idea of ​​what they want to sell their home for. A good agent will usually present a relatively tight figure.

If their numbers seem about right or are lower than you would expect… ask them to show you the links and explain the reasoning behind the numbers they present.

A good real estate agent should have prepared a detailed CMA (Comparative Market Analysis) before revealing what they think your listing is worth.

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There are so many ways to market your property and you need to know if the agent is up to date or still in the stone age.

All agents will be required to enter your listing on the MLS (Multiple Listing Service), which will show your listing to all real estate agents and will be aggregated on most major brand websites. They must also take a picture of the record.

A good realtor is unlikely to mention these things because they bring so much more to the table when selling your home.

Asking these questions will allow you to get a realistic idea of ​​how good the estate agent is, how much you are likely to get and also how long it will take.

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Many agents try to get full commission without offering much marketing, or worse, try to charge you for their marketing.

If you can get an easy discount from your agent, it’s worth not maxing out your home marketing efforts. Remember, the more and more different looks you get on your home, the more likely you are to get a full price offer or maybe even an auction. .

Also, the best agents are the best negotiators. A tough negotiation can be worth the weight in committee.

If an agent can’t maintain the integrity of their commission, how can you expect them to maintain the integrity of negotiating the price of your home?

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Ask them if their sales team is qualified and if they belong to professional groups like NAR, NWMLS or Leading RE.

Ask them about certifications they’ve earned, such as a Certified Buyer’s Representative, e-Pro, Certified Sales Representative, Certified Marketer, or Real Estate Negotiation Expert.

It is important to have a personal relationship with your agent, as you will spend several weeks working together on a large financial transaction.

However, if this agent is part of a team, there are many advantages. The team brings a broader level of combined experience, and different team members have a unique perspective to bring to a given situation.

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They also bring more accessibility to communication. Often the agent you are in touch with will be connected and a member of the team will be available for you.

If they are part of a team, ask them to clarify what the experience will be. You are expected to work with all team members or have a single point of contact with the team working in the background.

According to the NAR (National Association of Realtors), the number one complaint people have about their real estate agent is a lack of communication.

Make sure you tackle this from the start. What are the best ways to contact the agent, how often you should expect to hear from the agent, what their communication policies are, and whether you have access to team members if you have an emergency and cannot reach the agent.

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Asking your real estate agent for references is just as important as hiring a new employee or renting out your home.

Not all agents are created equal. Some agents do just enough to sell a home, while others go above and beyond to ensure their clients have the best experience possible.

Most agents worth their salt have a collection of client testimonials on their website or scattered across the internet on sites such as:

An occasional 3 or 4 star rating isn’t the end of the world… but most agents aim for a 5 star rating.

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This question is complicated because you want your real estate agent to be in the real estate business, but not so much that they don’t have time or energy for your sale.

What are the magic numbers? You need to determine this because it really depends on the agent, their skill level, whether they are part of a team or on their own, and what systems they have.

You will usually interview your realtor weeks before you are ready to sell your home.

Ask your real estate agent what they think needs to be done to get the home ready for the market.

Revealing Questions To Ask A Realtor Before You Work With Them

This is an important question not only to measure the agent’s knowledge, but it can also save or make money on your sale. Often sellers want to do work that is not necessary or does not add value to the price. Or worse, there’s something that can be easily fixed and will cost you money.

While no agent has a crystal ball that can accurately predict how long a house will be on the market and what price it will sell for, a good agent should have a general idea.

The average number of days on the market in Snohomish County is currently 20 days. This is just an average and your agent should be able to explain why your home will respond, beat or take longer than average.

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Sellers: How To Choose A Real Estate Agent

Your real estate agent can make or break your home search. That’s why it’s important to hire a great one. But how do you know when you’ve found an agent you can trust? The best way is to interview them.

Have your agent do paid work, even if you don’t write them a check right away. So once you’ve found one or two who fit the bill, schedule an interview with each of them over the phone or, even better, in person. You can meet for coffee in your neighborhood or in a neighborhood where you want to shop.

Not sure what to ask for? It’s below

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