Questions to ask a Realtor

The first meeting with your realtor will determine how the whole selling process will proceed. You need to be sure that you are working with a realtor who is experienced and who will get you a good bargain on the house. Here are some questions that you can ask to find out more.

Can I See Your References?

You need to ask for credible references from the realtor. Once you get these references, go ahead, call previous clients, and ask them about their personal experiences with the realtor. Ask how the realtor handled the job and how effective the communication was. If the realtor can’t provide any references, you need to have some doubts.

How Long Have You Been in the Market?

The length of time the realtor has been on the market gives you an idea of how trustworthy he or she is. It means that clients have a certain level of trust in the realtor to continue giving him or her business. It also tells you something about the credibility of the realtor.

What is Your Marketing Plan for My Property?

You need to understand the plan the realtor has to sell your house. How will the realtor advertise the house, and for how long? How will he or she respond to people who are interested in the property? You need answers to these questions to have an idea of the outcome of the marketing process.

How much is Your Commission?

The realtor handles your property with a view of getting a commission. The aim of the commission is to pay for the services the realtor provides. The realtor typically charges a percentage of the sale. Ask how much you will have to part with and decide whether it is manageable or not.

What Happens if I Want to Cancel Our Agreement?

In this case, the realtor needs to tell you what will happen if you sign a listing and decide to cancel it, or if you are not satisfied with the outcome of the sale. The realtor needs to tell you about the company policy regarding a cancelled agreement.

Are You a Member of Any National Body?

Ask the realtor whether he or she is a member of the National Association of Realtors or any other national or local body. Such a body makes sure the realtor stays within the rules and regulations of the profession.

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