When it comes to buying or selling a home, we all want to be sure we are putting our best efforts forward. If you are selling or buying a luxury property, one main concern might be how much experience your agent has. Of course, there are many other concerns that you might want to address. Here is a list of questions to ask your agent, and why it could benefit you:
How long have you been in Real Estate?
This may seem like a no-brainer, however, knowing this could be beneficial to your goal. A new agent may not have the experience or connections needed to sell your home or find the right home for you. If you are potentially working with a new agent, look into who is working with them, their broker, or their mentor. If they are new, you want to be sure that they have experienced guidance and good support ready when they need it.
Are you part-time or full-time?
Some realtors make a very good living working part-time, however, you want to be sure you can reach your agent when you need them. By working full-time, you agent is able to be reached and to correspond with you as you need.
Do you have a working portfolio or resume I can see?
This question goes hand-in-hand with how long they’ve been in real estate, but it digs a little deeper. This question will give you more of an understanding of the types of homes they sell: If they have more experience selling homes within your price range, or not. It speaks more to the experience than the length of time holding a license.
Do you have reviews from previous clients? Are they somewhere I can find?
This question will gauge more of their work style and relationships. If they have good reviews, it will be more likely that your experience working with them will be a pleasant one. This could be a copy that they keep on record or even a testimonials page on their personal site or social media such as LinkedIn.
Have you ever taught a class to your peers in regards to topics of your profession?
This question seeks to solidify their knowledge and leadership. If they are teaching classes to their colleagues, then it is safe to say they are knowledgeable in their field. It also says they are willing to take on a leadership role, which is a big factor in understanding how helpful they are willing to be in various processes.
How is your relationship with other companies and agents in the area?
Competition exists, but many agents work together across company borders. This allows them to have a wider ‘net’, so to speak, to find the best potential buyer or seller for your needs. Their opinion about their peers will speak a lot about their work and their network.
Do you have other listings in this area or at this price range?
This is qualifying the agent for the job. With experience in marketing or working in the same price range as your home, or potential home, it is more likely they will have resources to pull from in order to make the sale or find the right home.
How many listings do you currently have?
By asking this, you are inquiring to how many other local people trust the agent with the sale of their home. The more listings, the more people trust them. However, after this question, you should ask, “How long have they been on the market?” because too many listings could just mean they’re not being sold.
These are some of the most important questions when it comes to qualifying your agent.
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The Complete List includes:
- All 19 Questions
- A worksheet for questioning Agents
Get our complete list here.