When it comes to buying and selling real estate, having the right agent is crucial, whether you’re a novice or a seasoned professional. But with so many agents, how are you expected to find the right one for you? Buying or selling a home is most likely one of the largest financial transactions of your life, so choosing the right real estate agent is crucial.
The following are 10 questions to ask your real estate agent in Doreen:
1) What is your Experience?
A real estate agent’s experience does not necessarily indicate how long they have been in the business; rather, such a question can help you understand their knowledge of the local market and your type of property. Find out what has sold in your area in the last three months, the last six months, for how much, and after how long. Ask questions such as, “What are the prices of comparable properties?
2) What is the value of my property in your opinion?
This will give you an idea of how well they know your area and the type of property you have to sell. By asking this question, you will demonstrate their expertise; clearly, the more knowledgeable they are about your target property market, the better. Additionally, ask whether your area is currently a buyers’ market or a sellers’ market – this will give you a better idea of what your property might be able to achieve.
3) How many clients are on average?
Is your agent working with a high volume of clients? If so, find out how they plan on addressing the situation. Do they have additional team members who can assist? Is your agent assisted by a licensed assistant?
4) Do you work in a team?
Teamwork can have many benefits, but the relationship you will have with the other members should be clarified upfront. Each team member has a different level of experience, and you’ll often find one has a better understanding of specific situations than another. The team should, however, disclose up front if you will be working with one agent for the duration of the transaction, or if you will be meeting with different people at different times.
5) Can you handle my unique situation?
Is it your first time buying a house, are you flipping a house, or are you selling an estate? Those are just a few of the unique situations you may encounter, and you don’t want an agent with no experience in your particular field. Do not believe someone who replies, “Don’t worry, I’ve dealt with this before.” Find out what unique issues may arise and how they would handle it.
6) Are there any references I can contact?
The best person to judge the quality of customer service provided by a real estate agent is their past clients. Obviously, agents won’t provide information to clients who hate them, so take what they say with a grain of salt. Identify your priorities and ask specific, open-ended questions.
7) How will we communicate?
You should ask the realtor how they will communicate with you (via phone, text, or email) and how often you can expect to hear from them.
Ideally, a competent real estate agent will communicate with you daily and respond to your questions promptly.
8) Do you have any certifications or licenses I can see?
Property management, real estate sales, or client-based roles require agents to meet specific requirements set forth by the licensing authorities in each state. Check for state license exam certifications or any additional training on how to list and sell property properly.
9) Are you a full-time or part-time employee? Why?
The answer to this question can tell you if the agent enjoys sales or if it is a hobby. However, part-time agents can also be successful. However, if you ask this question, you’ll learn a lot about how an agent feels about their job. As a result, you’ll be able to determine whether they’re there only for the money, or if they truly care about helping clients find great deals.
10) What’s your cancellation policy?
It might be necessary to end your relationship with your real estate agent if they behave unethically or do not meet your expectations. There may be a way out of a legally binding contract with a realtor. Before signing a contract, it’s important to understand your cancellation options.
Despite asking many questions, if an agent takes the time to ask you questions, this is an excellent indication that they are already giving you the best service, which is unbeatable.
Want to find the best real estate agent in Doreen? Whether it is a question about buying, selling, or renting, Capital & Co offers end-to-end services backed by a team of experts with decades of experience working in the industry.