7 Questions to Ask When Hiring a Realtor
Not everybody appreciates how much value realtors provide for society. However, the numbers show that Americans spend upwards of $202 billion every single year on the services of real estate sales and brokerage! That is just some indication of how much people value what they are providing.
Of course, the magnitude of those numbers also show the incredible variety of options you will have to choose between for your realtor. If you know the right questions to ask when hiring a realtor, you will be far more likely to end up with the right agent for your situation.
So what should you be focusing on before you hire a realtor? Read on to learn all about the most important questions to ask to make sure you find the right realtor for your situation!
1. When Hiring a Real Estate Agent, Ask About Reviews
One of the best ways to predict future performance is by looking at past performance. Each realtor you look at will probably have a long list of clients they have worked with in the past.
So the question is, how satisfied were those clients with the services they receive from your prospective realtor? Ask each realtor you consider for recommendations and reviews from their past clients. The more excited they are to provide this information to you, the more likely it is that they have provided great results for past clients.
That means they are also more likely to provide you with great results. On top of that, you might be able to find ratings and reviews on the internet. Make sure not just to look at the overall rating for each realtor you consider.
It is also important to read through the written reviews. They provide much more information and context. In fact, they may change your mind about which realtor is the right choice for your situation.
2. Ask Your Potential Real Estate Agent About Pricing Your House
Ask each agent you consider about how they would go about pricing your house. Although they may not be able to provide you with guaranteed numbers, you can also ask them about how much they would end pricing your house at.
This can be important information if there is a certain price you are hoping to get for your home. If a realtor doesn't believe that your home is worth that much, then you may want to find another realtor who does believe it is worth that much.
At the same time, you don't necessarily want to just hire whichever realtor says your house is worth the most. After all, they might just tell you what you want to hear in order to get your business.
If an agent prices your house at the wrong value, then that will lower the chance that you will be able to sell your house. Even if you can sell your house eventually at that price, it may take much longer than you are willing to wait.
3. Ask How Often You Will Communicate With a Prospective Real Estate Agency
Some people hire a real estate agency only to find it very difficult to get in touch later on. Ask each realtor you consider about how often they tend to communicate back and forth with their clients.
You should also ask about how each realtor you consider prefers to communicate. If they prefer to talk on the phone and you do not, then you might want to look at other options. If you want to be able to send text messages to them, and they do not work that way, then you may also want to consider other options.
You might also want to confirm with each realtor you talk to that they will be the one you will be in communication with. Some agencies are set up so that other people act as the go-between for clients and agents. If that is the case, make sure you meet whoever you will actually end up talking to most of the time.
4. Ask Your Realtor Options How Busy They Are
Sometimes, there is a huge difference between the best real estate agent in general and the best agent at a certain time. Even if you find a great agent, you may not want to choose them if they are busy. They may not be able to provide you with the service that they usually do.
5. Ask Why a Prospective Agent Is the Right Choice in This Real Estate Market
Some realtors may have special things that they can provide that others cannot. Make sure to ask each agent why they are the right choice for your situation. They might be able to provide you with persuasive answers.
6. Ask for Tips on Selling Your Home Quickly
Ask each agent about their advice for selling your home as fast as possible. The more they know about how to sell your home as fast as possible, the more likely they are to be the right choice for your situation.
7. Ask About Every Possible Fee
Make sure to ask about every possible fee your agent might charge you. Some agents mention their main fee, but then neglect to mention other hidden fees. Before you sign any contract, make sure you know every possible way you might end up having to pay for it.
Understand the Most Important Questions to Ask When Hiring a Realtor
We hope learning about the important questions to ask when hiring a realtor has been helpful for you. Many people end up hiring whichever realtor is most persuasive. However, knowing what questions to ask can help you find the right real estate agent for your situation.
To learn more about how to find a great realtor for you or to speak with real estate experts who can help you, feel free to reach out and get in touch with us here at any time!