Hey there, welcome back to our blog! This week we are going to give you 10 questions to ask when preparing to hire a Realtor.
How long have you been in the business?
A REALTOR® up-to-date with training, systems and tools can do a wonderful job; those in the business longer bring more practical experience to the table.
What is your average list-to-sales-price ratio?
You’ll want a Realtor who holds a great track record for negotiating sales prices that are very close to list prices.
How will your marketing plan meet my needs?
Specifically, how will you sell my home? Where and how often do you advertise? Will you show me a sample of your marketing materials? How do you market online? What about open houses?
Will you provide references?
Ask if any of the references are related to the Realtor. Ask if you can call their references with any additional questions.
What separates you from your competition?
Key phrases to listen for: assertive, great communication, availability, analytical, professional, reliable, honest, thorough and able to maintain a good sense of humor under trying circumstances.
May I review documents that I will be asked to sign?
Be sure to receive a copy of the forms available to you before you are required to sign them. Ask to see agency disclosure, the listing agreement and seller’s property disclosure.
How will you help me find other professionals?
Ask for some preferred vendors. Get an explanation if you see the term “affiliated”. It could mean the Realtor is getting compensation from vendors.
What are your fees?
It may be a good idea to ask what their commission fee is for your reference and what all it covers.
What kind of guarantee do you offer?
If you sign a listing agreement with a Realtor and later find that you are unhappy with the arrangement, will they allow you to cancel the agreement?
What haven’t I asked you that I need to know?
Pay close attention to how this question is answered. There is always something you need to know – always.
Whenever you’re ready, give us a call with your questions! We are more than happy to help where we can.