Selling your home is a tremendous financial endeavor, not to be taken lightly— so while it may be tempting to go with the first word-of-mouth recommendation you get, remember that when choosing a real estate agent, it pays to do research.Everyone knows a real estate agent.Just because someone lives a block away from you, does not qualify them as the best realtor for you.Your real estate agent will be responsible for setting the sale price, marketing your home, running open houses, speaking with potential buyers and ultimately, walking you through the selling process. To make an informed choice, ask friends and neighbors for personal recommendations, but also take the time to interview about three of the best candidates before making a decision.Here are 8 questions to ask while interviewing a realtor:
What is your experience and education? Though a new real estate agent can certainly be motivated and eager to please, a pro with years of experience will have the knowledge and skill to face unexpected challenges. Taking continuing education courses shows a commitment to keeping up with changes.
Is this your full-time job? Having another job shouldn’t necessarily cut a potential real estate agent out of the running, but you need to be aware if this is a part-time gig before committing. Someone who also works somewhere else may be harder to reach and could miss out on opportunities to show your house.
Where are you licensed, how many Multiple Listing Services are you a member of? The more places your home can be found, the better.
How many people from your organization are involved with selling my home? Are you just dealing with one agent?Or is there a team of professionals who will be available to you and who will be marketing your home on a full-time basis?
How will you market my home? THIS IS REALLY THE MOST IMPORTANT QUESTION.There is a lot more to marketing a house than putting up a for-sale sign on the lawn. In addition to MLS, on how many websites will your agent list your home? Where will he or she look for buyers? A good marketing plan can be what makes the difference between a speedy sale and a home that languishes on the market.
What’s the price range of most of the homes you have sold? Does the agent typically represent homes in your price range?
How many homes did you sell last year? This will give you an idea of the volume of work a real estate agent is used to taking on.If this number is very high, it may mean the agent is not able to give each client as much personal attention, whereas a very low number could be a clue that homes are languishing on the market.
Where would you put the value of my home? Is the agent able to show you comparable sales in your area and give you a range for the value of your home?
How will you keep me informed about progress? Find out how frequently you can expect your agent to check in with you, and when he or she is available for you to call with questions or for updates.
Can I see your references?
To sum up: It is important to find a qualified real estate professional who specializes in your specific needs. Although you love aunt Agnus, or your neighbor Harry, who happens to be a realtor, they may not have the marketing techniques that will sell your home for the highest price in the timeframe that you need it done. Selling a home is a tremendous financial transaction, you need a seasoned professional who has the qualifications for your specific needs. Interview! And then if Harry qualifies, hire him. Just make sure you do your homework first.
Author:Shaun Manning Phone: 347-612-9825 Dated: May 8th 2018 Views: 175 About Shaun: Shaun's focus is on residential real estate in Fairfield, Westchester, Putnam, Dutchess and the surr...
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I got into real estate sales by accident in 2006. At the time, I recently earned a Bachelor's Degree in Economics from Lehman College in The Bronx. I had a very entrepreneurial mind and was ready to make my mark in the real estate world. I immediately purchased three multi-family houses in Binghamton, NY. They where fully occupied, however, the manner in which they were being run was not up to par. My brother helped me renovate several units, I let several tenants go and began renting primarily to Binghamton University students. After that, I hired a manager and was on my way.
Without question my favorite part of the business is working with first time buyers. In many cases it is much easier working with clients that have previously bought or sold, however, these transactions can lack enthusiasm. Buyers that have purchased before understand the lengthy process and usually know what's coming next. The first time buyer tends to be younger and has no idea of what to expect. They depend on my guidance and advice right through closing. They embrace challenges with a nervous yet positive outlook and every showing is an adventure. On the other hand, it's rather upsetting when a relationship builds with these clients for several months and comes to a sudden halt after a successful closing. I keep in touch of course with all of my clients but a hello every now and then is quite different than the four days a week contact over a several month period.