Hello World! Welcome Friends! When it comes to real estate transactions, it helps if you have an expert by your side, to benefit from some objective advice and to make the whole process easier. No matter how well you think you know the market, you will never be able to match the knowledge and the negotiation skills of a seasoned realtor. However, not all agents are equally experienced, not to mention the fact that the two of you need to see eye to eye in order for this collaboration to work. As such, to help you find the best realtor for your needs, we have put together a set of questions that you should ask potential candidates. Based on their answers, you can easily determine who has the most experience, and with whom you would feel more comfortable to work with.
1. How Long Have You Been a Realtor?
Since agents work on commission, it is close to impossible for an agent to be in the market for a long time without providing quality services. Sure enough, beginner agents can sometimes possess the skills to be more successful than experienced agents. Nonetheless, an experienced agent or real estate group like Armando and Valerie will have the market knowledge to handle any situations, and working with someone like that will increase your chances of closing a good deal.
2. What Type of Clients Do You Usually Work With?
If you are selling a luxury property, it helps if you work with someone who has experience with these types of deals. For instance, if you were looking for a realtor West Hollywood, you should work with someone like Brad Jen. His clientele usually includes industry leaders, celebrities and even royalty, so you know that he possesses the finesse to handle such a transaction, not to mention the fact that he has all the right contacts to get you a good deal. However, finding the right Las Vegas real estate agent will greatly depend on your specific needs and preferences. Be sure to inquire about their usual clients to make sure that they have experience dealing with similar properties or situations.
3. Do You Work with a Team?
A realtor who is part of a team can bring you many benefits, as he has the support that he needs to handle any challenge. Nonetheless, you need to know from the start what type of relationship you will have with other members of the team, and whether or not you will meet with different people at different times. Moreover, you need to establish from the start who will be the main person in charge, and whom to call for various inquiries.
4. What Type of Selling Scenarios Do You Usually Handle?
Each selling scenario can require different skills and expertise. You need to tell your agent from the start if you are a first-time buyer/seller, a seasoned investor or a house flipper. It is important for your realtor to have experience with situations similar to yours, so that they can provide you with valuable advice. However, don’t trust potential candidates if they simply say that they have the necessary experience. Test their knowledge by asking them what problems could arise in this process, and how he usually deals with various challenges.
5. How Will We Communicate?
By now, you should have a general idea of whether or not you would feel comfortable working with the agent that you are currently talking with. However, you should also establish from the start how often you will communicate and what communication channels you will use. This will save both of you a lot of time, as you won’t have a waste time with pointless calls.
6. Can I Contact Some References?
A good realtor should be able to provide you with some references so that you can know for sure how satisfied their former clients were with their services. After all, nobody will be able to judge the skills of a realtor than a former client who has already worked with them.
7. What Part Will I Play in This Process?
Most people who choose to work with real estate agents, choose these types of services, in order to save themselves all the time and hard work that this process requires. Nonetheless, whether you like it or not, as a seller or a buyer, you will need to be involved in this transaction, and you need to know from the start what is expected of you.
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Toodles,
Kathyrn, Great Article! I work as a Realtor up in the White Mountains of New Hampshire and I have to say that I agree. If you are looking at buying a luxury property it is important to have a realtor who specializes in these kinds of deals.
I really appreciate your efforts in writing this wonderful blog for us. The question and answers you have mentioned really help the people who are going for Real Estate Agent Recruiting.