When choosing a real estate agent, there are some key questions to ask when selling a house. Many real estate agents work exclusively with sellers, while others work with buyers. Even a real estate agent with experience on both sides of the transaction might have unique knowledge and strategy to bring to the table.
As the seller, this information is important to know. To help you find the best agent for the job, here are some questions you can ask:
"How did you get to this suggested list price?"
Setting a correct market value price is critical for maximizing a sales price. If your house is worth what someone wants, it will be worth the initial price. Setting a price too high can turn away motivated homebuyers and lead to fewer offers. Ask your agent their reasoning for the suggested asking price to make sure you're on the same page.
"Will you also represent the buyer?"
A good real estate agent will prioritize your interests in selling your home. However, what if the agent also represents the buyer?
If the same agent will be representing both sides of a real estate transaction, you'll need to sign a special agreement along with the buyer offering consent. A real estate professional should be upfront about this information and provide you the necessary contract paperwork and assistance.
"What are the expenses?"
There are many costs involved in selling a house. Asking your agent to explain the total cost to you as the seller before getting started will help you with your financial planning and pricing strategy. Your agent can help you avoid unpleasant surprises like unexpected closing costs or other fees.
"How many similar homes have you sold?"
It is important to find out if a real estate agent can give you an honest and educated opinion on every property transaction. Ask about their experience in selling comparable homes in the same area.
"What marketing strategies will you use to sell the house?"
A good agent must provide you with a strong marketing program for the sale of any home. Agents that prioritize marketing will organize marketing and ad campaigns, as well as handle open houses. Ask about the potential agent's plans for selling your home, whether it be on paper, a broker website, social media or a mixture of all three.
These are only a few of the important questions to ask a potential agent when you're selling your home. Use these questions as a starting point to get the details about your potential agent and make the best possible decision.
About the Author
Pablo Torres
Pablo Torres is a qualified Real Estate Agent with over 10 years experience in real estate sales, due diligence and contract negotiations. Knowledgeable of South Florida neighborhoods. Currently, Pablo focuses his skills on all markets in the Miami metropolitan area.
He has the ability to understand sellers, buyers and renters needs with excellent communication. Fluent in English and Spanish with working knowledge of Portuguese. Pablo has impeccable reputation and a passion for real estate.
He graduated with a degree in International Business from Florida International University (1998) and a masters in business administration from Nova Southeastern University (2003). He had embarked on a career in commercial banking before being driven to switch to one of his passions-real estate.
Dedication, perseverance and punctuality allowed Pablo to sell different types of properties. His expertise with South Florida's cultural diversity has allowed him to sell real estate to both buyers and sellers.
Part of what makes Pablo so successful is his dedication to exceptional customer service and his devotion to their needs, whether they are buying or selling properties. Pablo has many repeat customers who cite his willingness to work long hours to resolve the toughest issues, as a reason why they stick with him. Torres integrity, attention to detail and careful handling of a transaction, exceeds their expectations. Sellers know that Pablo's extensive and personalized marketing strategies, means that their listing is seen by most buyers.
As a real estate professional, Pablo has the tools to represent your interests in virtually any transaction. Pablo's ability to interview, reason and figure out the smallest details makes every successful transaction a seamless process. Pablo is the right real estate professional to hire.
