Are you thinking about hiring a real estate agent to sell your home? As of July 2022, the National Association of Realtors has more than 1.6 million members to contact. But how do you find the right one?
When you’re planning on buying or selling a home, you need a realtor on your side to help you through the process. Realtors have extensive knowledge of the local market and the legal expertise to help you close the deal. However, finding the right agent is imperative to your home sale’s success.
Here are some helpful questions you can ask to find the right one.
1. How Long Have You Been in the Real Estate Industry?
While there’s no set amount of experience required, you’ll want to ensure they understand the market and the buying or selling processes well. Ask them about their most recent transactions and what they did to ensure a successful outcome for their clients. Also, inquire about their education and any special training they may have in handling real estate transactions.
You want to ensure they have the experience necessary to help you through the home-buying or selling process. Furthermore, an experienced agent will likely have a successful track record and be able to provide referrals.
A good real estate agency can ensure you of getting a professional service. Agencies like the New Era Group can offer you the right expertise in dealing with the housing market.
2. Do You Have a License?
A license indicates that the agent has met the requirements set by the state where they practice real estate. These requirements vary by state but generally include completing a certain number of hours of education, passing an exam, and being of good moral character.
A licensed agent must also complete continuing education annually to maintain their license. Asking if an agent is licensed is an excellent way to ensure that they are up to date on the latest real estate laws and industry practices.
3. How Does Your Commission Work?
Many agents work on a commission basis, which means they only get paid if and when you buy or sell a home. Some agents may charge a flat fee whether or not the sale goes through.
Be sure to ask about the commission structure before you commit to working with an agent. You don’t want any misunderstandings later, especially when finding a buyer.
4. What are Your Schedule and Availability?
You need to know that they will be available when you need them and that they have the time to devote to your real estate needs. Be sure to ask about their weekday and weekend availability, as well as their availability for evening and weekend appointments.
5. What are the Inclusions of Your Services?
Find out what kind of services they include in their fee and what, if any, additional costs you might incur. You can expect your real estate agent to provide services such as marketing your home, negotiating with buyers, and guiding you through the closing process. You should also ask your agent if they offer additional services, such as home staging.
Ask the Right Questions Before Hiring a Real Estate Agent
Ask questions before hiring a real estate agent if you’re looking to buy or sell a home. Since they will be representing you in the transaction, you want to be sure that you’re both on the same page. Be sure to ask them questions about their experience, what services they provide, and what their fees are.
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