WorldExecutivesDigest.com | 7 Important Questions to Ask Your Real Estate Agent When Selling Your House | If you’d like to sell a home, did you know you need a good real estate agent?
Selling a home can be a lengthy process, and it’s even longer when you have a real estate agent that isn’t compatible with you. Any time you sell a home, you should prepare several real estate agent questions before hiring one.
So what are questions to ask your real estate agent? You essentially want to find out as much information about them as possible. After getting a better idea of who they are and how they can help, you can hire them and sell your home without any problems.
Here are 7 questions to ask your real estate agent when selling a home!
How Long Have You Worked For?
One of the first questions to ask your real estate agent when selling your home is how long they’ve worked for. This question is important because it will give you an idea of whether the agent has experience.
Working with agents that have little experience can result in them taking a long time to finalize a transaction. They may also not know how to negotiate with someone to get you a better value.
How Often Do You Close Homes?
Real estate agents that do not close homes often should be avoided at all costs. If you don’t ask your agent how many homes they close, you’ll have no idea if working with them will be a waste of time. While you won’t lose your home, you’ll lose a lot of money hiring them if they can’t finalize a sale.
Figure out how many homes they close each year. If they close more than most agents in the market, they’re someone you can trust to sell your home.
Will I Be Contacting Someone Else?
Many agents, especially larger ones, hire teams to deal with clients. When consulting an agent, you must ask them who you’ll be contacting most of the time. For example, if they have a support team, figure out which person from the team you’ll be contacting.
The main thing you want when working with a real estate agent is to be able to maintain contact with a single person. Working with various people can lead to miscommunication problems, so it’s best to avoid individuals that have large teams. However, if they can assign one person to you, you shouldn’t have a problem.
What Makes You Different?
Most real estate agents have similar qualifications due to state requirements. This can make it difficult to judge what sets an agent apart from others, so you should ask them. If they have all of the necessary qualifications, find out what else they’ve done to earn credentials that others don’t have.
One thing that would set an agent apart from others is having licenses in multiple states. This requires a lot of time because each state has different requirements. To get multiple licenses, a real estate agent also needs to take multiple exams. The more knowledge they have about real estate, the more they can help you.
How Can You Help Me?
Every real estate agent should have a pitch they can give to sellers to convince them why they’d be a good fit. If a real estate agent doesn’t seem confident in their ability to sell your home at a good value, avoid them. You need someone that can help you as much as possible, so find out what they can bring to the table.
You need someone that knows the inside and out of your community so that they can give you recommendations. For example, it may be better to wait a while to sell your home, but you wouldn’t know this unless they told you. Ask them how they can help you get the best deal.
How Much Is Your Commission Fee?
One of the most important questions to ask your real estate agent when selling is how much their commission fee is. Knowing a real estate agent’s commission fee is crucial because you’ll know how much you’ll be paying them.
A commission fee is a percentage of the final sale price. This encourages real estate agents to sell the home for as much as possible because they can get more money. You shouldn’t work with an agent that offers the lowest fee because they may try to cut corners to get money as quickly as possible.
How Will We Communicate?
Out of all the questions to ask real estate agents when selling your home, one of the last should be about how you’ll communicate. Communication is extremely important when selling a home because you must ensure that you and your agent are on the same page.
If they have info about a transaction, you should be informed. By deciding how you’ll communicate, you can be ready if they need to contact you. Some of the most common communication methods are text messages and phone calls. If you check out this real estate brokerage firm, you can see a variety of agents and the methods they prefer.
Prepare These Questions to Ask Your Real Estate Agent
Now that you’ve read this article, you’re ready to start working with a real estate agent that can help you. With these questions to ask your real estate agent, you can figure out whether someone would be a good fit for you. This will prevent you from spending a lot of time and money with someone that can’t get a good deal.
Check out our other articles to learn more about real estate!