Question to ask realtors before starting home buying or selling process
Questions? 1. If necessary to talk with bank before looking home? The answer is yes, you should talk to the bank to get the pre-approval of down payment.
2. Can I see your realtor license? Always ensure you are working with a trained, experienced professional or not. Every real estate agent should have an identity to sell property in a particular area, if not please just move on better to save your money.
Questions? 3. Can you please give CMA for the area or neighborhood? CMA means Comparative market analysis, when you work with the realtor, must show the CMA report which explains about the recently sold house reports in this report, listings and pricing, it is very important to about the pricing details in the neighborhood.
4.Can I have a look a list of referrals? Like a license, every realtor should bring their referral list with the first meeting, if they don’t bring please ask them.
Questions? 5.How long your listings stay “Average days of the market�? How many days your listings stay in the housing market, compare it to other real estate agents interviewed, ask them for reasons if it sold soon, and it takes time.
6.Have you sold property in this area before? In this question helps you to know what buyers want, what types of homes sold faster. If an agent has experience in your neighborhood, it’s a major advantage.
Questions? 7. Have you sold property in this price range? Price range vary month on month or year on year, and depends upon the marketing and selling house. If the agent must understand the market and period or season.
8. Will am going to work with you directly or team? It is more stressful than getting comfortable with an agent and then seeing someone new in every meeting. A small team is ok – which means one resource can introduce to everyone. Don’t allow your home to be other nameless unknown listings.
Questions? 9. What are the marketing options do you have to sell my home? Every realtor has a different or unique partnership with this plan and time period.
10. How do I pay your fees? Must understand the options how to pay the realtor. Listing agents work under the split commission. If the seller paying example 6% commission as a fee that agent will split with an agent who brought the buyers to the home. Anyway, fees may negotiable.
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