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9 QUESTIONS TO ASK YOUR POTENTIAL REALTOR
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·2 min read

Hiring the right real estate agent is crucial when buying or selling a property. To make an informed decision, consider asking the following questions before hiring a real estate agent:

  • 1. Are you licensed and experienced in this area?

    • Make sure the agent is licensed and has experience in the specific area or type of property you are interested in.

  • 2. What is your marketing plan?

    • Ask about their strategy for marketing and selling properties, including their use of online platforms, social media, and traditional marketing methods.

  • 3. What is your commission rate and any additional fees?

    • Understand the agent's fees and any additional costs involved in the transaction.

  • 4. How do you determine the listing price for a property?

    • Ask about their approach to pricing, including recent comparable sales and market analysis.

  • 5. How will we communicate and how often?

    • Clarify how and how often the agent will update you on the progress of your transaction.

  • 6. What is your negotiation strategy?

    • Understanding how the agent approaches negotiations can be crucial in securing a good deal.

  • 7. Are you familiar with local market trends and conditions?

    • A knowledgeable agent should be aware of local market conditions and trends that may affect your transaction.

  • 8. Can you explain the contract and paperwork involved?

    • Make sure the agent can clarify the terms and details of the contracts and paperwork required in the transaction.

  • 9. How do you stay up-to-date with real estate industry changes?

    • A good agent should be continuously learning and adapting to changes in the industry.

By asking these questions, you can assess the qualifications, approach, and compatibility of a real estate agent and make a more informed decision about whether they are the right fit for your needs.