You might have opened the site because you are either selling or buying your home. If that is so you definitely need a real estate agent. Now what should you look for to hire a good real estate agent? We here will be providing you with the questions you need to ask before you hire someone.
How long?
The first and the foremost question should be how long he/she has been working in this domain? If they are fresh there isn’t a 100% chance that they will fail but you won’t want to try that. Go for someone who has an experience of a year or more. Though experience doesn’t mean they are the best it simply means they have known the market more and you can find more people to testify against or in favor of his services.
How many?
This question must concern about how many houses he has sold in your neighborhood or the houses that had the same worth as yours. He must be someone who has worked in the type of market you need for long enough to make your deal quick and good.
Weekends or Not?
You must know about him working on weekends because if he does work on weekends you can easily arrange an open house and have its benefits. Also most people prefer to use the weekend to look for houses.
License?
Ask him about his license and the specializations he has. Because some agents can contact the big guns and handle residential estate transactions and these are the ones you should hunt for. The license should have a longer expiry period with a clean record.
Past:
Ask him about his past clients and their details so that you can contact them to have a word about him. If he doesn’t provide you with right contacts then you must know there is something wrong.
Recommended price:
He should be asked on why he suggested the price he did. And also whether or not he knows about the pricing in your area because you don’t want your property to sit in market for long just because the pricing done was beyond what should have been.
Commission:
You should, without hesitation, ask for the way he takes his commission and the percentage he wants. Because this is an important factor considered while hiring someone. Also ask him to list down the exact services he will be providing for the commission he is asking so that when things go wrong you can check it through.
Tracking:
Ask him about how he tracks the open house attendees and the one that sees the ads online. He should provide you with his action plan and the way things be handled and for everything your permission and attention should be asked.
With all that said it is advised to get the agent who answers these questions to the utmost of accuracy and is successful in convincing you with his way of working so that you can rely on him to sell house and he has got buyers with “we buy houses for cash” as their motto.
November 18, 2017
US Property
Indian Property
UK Property