6 Questions to Ask When Choosing an Estate Agent for Your Property Search

Posted On Tuesday, 18 April 2023 20:09

Are you searching for a new property and don't know where to start? Making the right decisions with such an important investment can be difficult, but one of the most fundamental steps is deciding which estate agent you should use. 

Asking yourself specific questions can ensure you make an informed choice that meets your needs. Here, we’ll look at six key questions you should ask when choosing an estate agent and explain why they are so important!

What experience does the estate agent have in the local property market and selling similar properties to yours? 

Hiring a real estate agent is one of the most important things you must do when home-buying. A real estate agent is a professional when it comes to buying and selling properties, and they will make it incredibly easy for you to go through the process of buying your future home.

That said, hiring the right real estate agent is something that you need to pay attention to. When hiring a real estate agent, you want to find out their experience in the local property market, especially when buying and selling similar properties you are searching for.

Typically, you want to go with an estate agents SE1 that have more experience within the local market and in the industry so that you can guarantee that you will have better service and end up with your dream home.

How will they market the property to potential buyers, and what resources do they use?

The next question you need to ask when choosing the perfect real estate agent is how they will market your property to potential buyers and what resources they will use to show off your property.

Some real estate agencies will go above and beyond to market your properties, while others will simply put an ad in the paper, and that's that. You want to ensure you are hiring someone who will do the most to market your property so that the best possible buyer can find it.

How are they going to determine a fair asking price for your home?

Another great question is how they will determine a fair asking price for your home. Before you even consider looking at asking prices for your home, you will need to set a price that you would like to see your home bought at.

This is something that the real estate agent should help you with, and they should set a price for your home that is reasonable within the market and within your local area. Any good real estate agent will have a plan in place for choosing a fair asking price.

What costs are associated with their services, including any upfront or commission fees?

One of the most important questions when choosing an estate agent for your property is the costs associated with their service, including any upfront or Commission fees. As mentioned above, some real estate agencies will do the bare minimum while others will go above and beyond to earn their commission. You want to ensure you know what you are in for when hiring an estate agent and what you can expect from their services.

Will they provide you with regular updates throughout the sales process so that you know how it’s progressing?

You should also be asking your estate agent whether or not they will provide you with regular updates throughout the sales process so that you know how things are going. Many estate agents will just send you a report every couple of weeks to update you on the process, while others will update you after every viewing of the home. It all depends on the agent.

Are any other services (e.g., legal advice) included as part of the service?

Last but not least, the final question to ask is whether or not any other services or legal advice are included as a part of their service package. It is a good idea to understand what you are paying for and whether or not it will be worth it in the long run.

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