Top 10 Questions to Ask When Hiring a Real Estate Agent
The role of a Real Estate Agent is to facilitate a smooth sales process, starting from the setting price to the closing of the deal. Before you hire any Real Estate Agent, it is absolutely important that you first conduct an interview and ask the relevant questions. This is to determine whether or not the agent can live up to your demands. The real estate agent you pick has to match your style, your neighborhood and your price. Once you have made your choice, he or she will assist you with your real estate transaction. If you are in search of a good Real Estate Agent in Ontario, Canada, the following top ten questions will help you find the Ideal Agent:
1. What are your credentials?
A good Agent has to have the relevant credentials from accredited real estate institutions. At the very least, he or she should possess a license showing that they are a qualified to be real estate agent.
2. How good are your negotiation skills?
It is crucial to determine the success record of the agent you choose. It will provide you with an idea of how good they are at their job.
3. What amount of experience do you have?
It is important to establish how long the agent has been in real estate. An experienced agent knows their way around the real estate market and is less likely to make mistakes. However, even non-established agents can successfully close a deal.
4. How familiar are you with the neighborhood?
An agent who works in your neighborhood is more likely to understand the requirements of the real estate market in your area. They usually have access to relevant information regarding the neighborhood, which can help you to successfully close a deal. In addition, they also understand the local marketing needs.
5. What is there sales plan?
A good agent should provide you with a written marketing plan that clearly shows how they plan to sell your home.
6. What are your rates?
Are the commissions stated by the agent negotiable? In most cases, the Real Estate Agent takes a commission of 3%-5%. However, there are some situations whereby the rates are negotiable.
7. When are you available?
It is important to establish whether he or she is a full-time or part-time realtor. This is because it could affect the amount of time you spend with realtor during the course of the transaction.
8. How will you prepare my house for sale?
A good realtor has to know the potential of a house and offer suggestions on where improvements can be made in order to facilitate a quick sale.
9. Will he or she hold an open house?
Holding an open house is a great marketing technique because it provides potential homeowners with a relaxed environment to view the house.
10. Do you have any references?
A good realtor has to have references. They need to possess a list of satisfied clients with their names and numbers in case you want to contact them. This is the easiest way of knowing the quality of an Agent.
If you ask the right questions, you're sure to get the right Real Estate Agent.