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Top 6 Questions To Ask Your Real Estate Agent

May 26, 2021

In this blog post, we will cover the top 6 questions to ask your real estate agent before working with them. This way you can make a more informed decision about whom to work with when buying or selling your home.

 

1. What is your experience in the real estate industry, and how long have you been working with clients like me?

The first question you should ask a real estate agent before working with them is how long they have been in the industry. Buying and selling a property can be very complex, so your agent must have experience dealing with clients who have similar needs to yours.

 

2. How many homes do you typically list per year, and what percentage of those listings result in a sale?

You want someone who is actively listing and selling homes. They will possess a deeper understanding of the market and know how to get your home sold for the top dollar.

 

3. What is your average listing price range, and what percentage of properties that you list end up selling at or above the asking price?

The price of your home will affect how your home is listed. You will want to work with a real estate agent who has experience listing homes of a similar price to yours. They will know what sort of marketing will work best to sell your home.  

 

4. Do I need to sign an exclusive agreement with you as my agent?

Often agents will make you sign an exclusive buyer's agent agreement, which prevents you from firing the agent at will. Discuss with the agent before signing anything about this agreement and make sure this is someone you want to use.

 

5. What will be the total cost of your services (including any commissions) if I decide to work with you as my agent?

It is best to address the elephant in the room right away and discuss commission costs. It may not be an easy conversation, but it will ensure that you know exactly what you are paying for and to expect from your real estate agent.

 

6. Will there be any fees associated with our transaction other than the commission fee?

While it is normal for extra fees to be included in the sale commission, your Realtor may ask you to pay for things such as photography or staging. Having this conversation upfront allows you to plan for any additional expenses.
Need a referral to a great real estate agent or need to get pre-approved for your home search? Click here and schedule a consultation with one of our home loan experts today.


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