Key Questions To Ask Before Hiring A Real Estate Agent

Mastering the selection process – Vital questions for evaluating your real estate agent

When it comes to selling a property, the guidance of a real estate agent can make all the difference in achieving your goals. However, it is important to hire an experienced agent for a seamless experience. According to a recent survey, sellers must consider aspects such as home preparation, staging, marketing, and pricing strategies used in past projects of real estate agents. These elements help determine the agents’ proficiency. This article highlights the key questions you need to ask before hiring a real estate agent+.

Could You Provide Me With A List Of Referrals?

  • Every agent must have a list of referrals ready for their first meeting. If they haven’t included referrals in their listing presentation, don’t hesitate to request them. It’s a red flag if an agent can’t provide a handful of client names for you to contact.

While an agent may say all the right things during the listing appointment, it’s crucial to know what they’re like once you’re under contract. References offer valuable insights into an agent’s professionalism and performance throughout the entire process.

How Frequently Are You Available, And During Which Times?

  • If your buyer’s agent operates only on weekends and lives in a competitive seller’s market, this could delay home selling. Exercise caution if an agent is only available part-time. Selling a home demands full-time dedication and undivided attention on the real estate agent’s part. A competent real estate agent is someone who commits enough time to ensure exceptional customer service.

How Many Clients Are You Currently Representing?

  • Inquire about the agent’s client load and the types of clients they serve. For sellers, it’s advantageous to work with an agent skilled in listing properties. While many agents handle both buyers and sellers, understanding their current client mix can provide valuable insight.

Agents managing numerous listings may struggle to prioritize individual client needs, potentially leading to overlooked details.

How Long Have You Been In The Field?

  • When searching for a realtor, the significance of experience cannot be overstated. Experience is not a trait acquired overnight. It is developed through years of dedicated service and numerous successful transactions. It forms the foundation of a realtor’s ability to provide expert guidance to their clients.

While newly licensed agents may show energy and ambition, they lack the instincts to handle competitive real estate projects effectively. The most experienced realtors have invested years in understanding the nuances of the local market, building relationships with fellow realtors and clients, and creating a professional network, all of which can be leveraged to your advantage.

What Is Your Market Knowledge?

  • Collaborating with a realtor who understands the current dynamics of the real estate market is crucial, particularly in your local area. While a realtor with excellent interpersonal skills, a great personality, and a wide network is valuable, it’s equally essential that they stay updated on market trends.

This ensures effective guidance and securing optimal offers for your home. A knowledgeable agent understands your home’s strategic positioning and effective marketing, thereby helping you avoid the pitfalls of listing it at an inappropriate time. These considerations are essential for a quick sale at the highest price.

What Is Your Fee Structure?

  • real estate agentListing agents typically operate on a split commission basis. When a seller pays a listing agent a 6% commission, this amount is typically divided with the agent representing the buyer. Buyers are typically not responsible for commissions.

While fees are typically negotiable, you shouldn’t select an agent solely based on promises to reduce commission rates. Instead, prioritize working with an agent who provides the best guidance and support.

Looking for a trustworthy realtor in Morris County? Contact Jackie Scura. We are an experienced team of real estate professionals who provide expert guidance and support throughout the home-selling process. Call us at (973) 604-8868 for more information.

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