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Real Estate Agent: 5 Questions You May Ask Him When Selling a House
- By Paul Smiths
- Published April 18th, 2010
- Real Estate
- Unrated
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A real estate agent has many tasks to play. First, he can help a buyer find a good home. But of course, he can help a seller market a property. So, if you're planning to make use of one in selling your home, you should entrust some parts of the process to him.
Whilst you are busy looking for a real estate agent, you should also be prepared about some criteria you will set in picking one. You may have your own guidelines in making a search. If you want, you may also list down some questions you will ask him later on.
Questions to ask your real estate agent
Below are some of the questions you may ask a potential real estate agent. Scrutinise how well he answers the question to gauge if you're finding a good realtor:
1. "What strategies will you use to sell my house?" In line with this, other questions may arise such as: "What types of ads are you going to use?" and "Where will you find a good market for my property?" Once you've raised these questions, the real estate agent must be able to present you a good marketing plan without even thinking twice about it. Give him the chance to provide you a list of contacts that he has in the real estate world.
2. "Do you have an experience selling a home like mine?" Good real estate agents must have the skills to sell any type
of home. He must not say that you're house is different from others he had marketed in the past and he might have a hard time selling your home.
3. "Are you affiliated with any real estate organisation?" If he says he is, then ask for proof. Check the validity of the organisation he is linked with. It is best to use this as a gauge if he passed the standards required from a real estate agent.
4. "How long have you been in this business?" Experience wise, those who have been in the real estate business for a long time may have the edge over others. They won't hesitate selling any type of home no matter how varied one property is from that of the other. But you may also give a newbie a chance provided he is able to answer the other questions found in this page.
5. "Will I be able to negotiate with you when it comes to your commission?" There are standards followed in the real estate business. Part of that is the commission of a real estate agent. For instance, if you're using a full time realtor, you have to pay around 6% to 7% commission from your home's selling price. Whilst you want to haggle with the price, be wary when a realtor promises very low commission.
Finding a good real estate agent is critical to selling your home. So better raise all your queries to the expert before even closing a deal with him. You don't have to rush when doing this. It is best to do things slowly but surely.
Whilst you are busy looking for a real estate agent, you should also be prepared about some criteria you will set in picking one. You may have your own guidelines in making a search. If you want, you may also list down some questions you will ask him later on.
Questions to ask your real estate agent
Below are some of the questions you may ask a potential real estate agent. Scrutinise how well he answers the question to gauge if you're finding a good realtor:
1. "What strategies will you use to sell my house?" In line with this, other questions may arise such as: "What types of ads are you going to use?" and "Where will you find a good market for my property?" Once you've raised these questions, the real estate agent must be able to present you a good marketing plan without even thinking twice about it. Give him the chance to provide you a list of contacts that he has in the real estate world.
2. "Do you have an experience selling a home like mine?" Good real estate agents must have the skills to sell any type
3. "Are you affiliated with any real estate organisation?" If he says he is, then ask for proof. Check the validity of the organisation he is linked with. It is best to use this as a gauge if he passed the standards required from a real estate agent.
4. "How long have you been in this business?" Experience wise, those who have been in the real estate business for a long time may have the edge over others. They won't hesitate selling any type of home no matter how varied one property is from that of the other. But you may also give a newbie a chance provided he is able to answer the other questions found in this page.
5. "Will I be able to negotiate with you when it comes to your commission?" There are standards followed in the real estate business. Part of that is the commission of a real estate agent. For instance, if you're using a full time realtor, you have to pay around 6% to 7% commission from your home's selling price. Whilst you want to haggle with the price, be wary when a realtor promises very low commission.
Finding a good real estate agent is critical to selling your home. So better raise all your queries to the expert before even closing a deal with him. You don't have to rush when doing this. It is best to do things slowly but surely.
Written by Paul Smiths
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