Selling or buying a home can be a major life decision. It is important to get the right guidance in order to make the best choices. It is crucial to find the right agent for your situation. These nine questions will help you to understand the qualifications of your agent and how they can assist you throughout the process.
How long have you been a real estate agent?
You will want to ensure that the agent has the experience necessary to assist you in closing the transaction. A seasoned agent should be able guide you through the process of buying or selling a house. Don’t be afraid to ask questions of a rookie agent. Don’t be afraid of asking questions if they are a rookie or if they are part of a team that has more experienced agents.
Can I see your real estate license?
Always ensure you are working with a licensed professional. You should not have to ask the agent for proof of certification.
Are you a listing agent, buying agent, or both?
Agents who specialize in selling or buying homes will be found. They can provide valuable insight and advice to help you make the right decision. Agents who can work with buyers and sellers may be of value as they might have a deeper understanding of each side of the transaction.
Have you worked in this area before?
Whether you are looking to purchase in a particular neighborhood or sell your house, an agent with local knowledge can help you make informed choices. There are many types of homes in demand. A local agent will be able to tell you how much houses are selling for and other information such as safety in the area or upcoming developments.
Do you work in my price range?
Having an agent that understands the market in which you are selling or searching for homes can make a difference. Agents who specialize in luxury homes may not be able to help you if your budget is more modest. The value of your home will have a significant impact on the marketing required to sell it.
What is your preferred method of communication?
Everyone has their preferred method of communicating, whether it is via email, texting or telephone calls. Your agent and you must agree on how to communicate. To gauge their ability to respond quickly to your queries and concerns, you might ask them how many clients they have currently worked with. You should ask agents if they use a particular smartphone app to schedule showings and provide information. Make sure they help you to install it and show you how to use.
What’s your commission fee?
This commission is for sellers only. It is usually around 6 percent and splits between the listing agent and the buyer agent. You should confirm the cost and whether any circumstances could change it. Learn more about the ins and outs of real estate commission here.
Can you provide references?
This opportunity is not a job interview. You can ask for references and view it as an opportunity to work with the agent. A well-established agent should be able provide references from past clients to give insight into their strengths. You may be able check their online reviews to see if they are a well-respected agent.
Do you have any questions for me?
Finding and partnering with the right agent is an important step in a successful partnership. This allows the agent to get to know you better and show interest in your goals.
A list of certifications and designations on a resume can sound impressive but it is important to understand what they mean. Check out this glossary of real estate certifications and designations to get a better idea of the expertise your agent brings to the table.