Friday, 20 October 2017

5 Important Things to Ask Your Realtor

Written by Posted On Tuesday, 18 October 2016 20:06

Homebuyers and sellers shouldn’t be shy about asking a potential realtor questions before hiring them. After all, this will likely be one of the biggest financial transactions of your life. This is not the time to be polite and shy. A good realtor should welcome the questions, because it gives them a chance to share their expertise. If you’re looking for a realtor, visit a company like Exit Trinity Realty, then ask them the questions below. Through questions, you can get a better idea for how good a realtor is for you. Here are a few questions you should ask upfront.

 

What’s Your Experience?

Believe it or not, many potential buyers or sellers don’t take the time to ask this most obvious of questions. Come on, you KNOW it makes a difference in how you think about a professional of any kind. Would you sign on with a fresh-out-of-law school attorney to defend you against a murder charge? Probably not. There’s no magic number a realtor needs to come up with. They should just have enough experience that you feel comfortable they can ably look after your interests.

 

What’s Your Marketing Strategy?

Any realtor worth his or her salt should be able to rattle off a sound marketing strategy with no preparation. The truth in real estate is that few houses sell without marketing. You need more than a sign in the front yard. Many potential buyers live out of state and will never drive down that street unless they stumble across the listing through the MLS or Facebook or some other canny marketing strategy. These days, most buyers find sellers online. If your realtor hasn’t heard of the Internet, it might be a good idea to keep looking.

 

How Will You Reach Me?

Hopefully, your realtor will be talking to you regularly. Establish up front how they intends to keep those lines of communication open. Is he or she an emailer, caller, texter? If you have a preference, let them know early in the game. By the time you get to that first face-to-face meeting you will likely have a feel for their communication skills and savvy.

 

Who Are They Repping?

In real estate, an agent might represent the seller or the buyer—or both. You shouldn’t get freaked out by the idea of the latter. It isn’t automatically a conflict of interest. The main thing is to know up front if they handle both sides of the deal, and you should be comfortable with that reality. If you’re not, you know the drill, keep looking.

 

Is the Price Range Okay?

 

The reality is that some agents like to work with high-dollar real estate. No crime there. It means a larger commission for them. What you’re trying to get at with this question is whether or not they will put in an honest effort if your listing (or budget) falls on the low side of the spectrum. 

Rate this item
(0 votes)

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.

Search