Selling real estate is typically one of the largest transactions that you will engage in during your lifetime. It is important to have a successful sale due to the amount of money at hand, but also at the end of the day, this is your home.
Once you have made the decision that you are ready to start the process, how do you go about selecting an agent to work with? There are other things to be taken into consideration other than a list price and agent commision. Here are some important questions that you will want to ask when you are interviewing real estate agents.
It may seem like a basic question, but not every seller will ask about an agent’s experience. An agent’s experience is key as you will want to be sure that you hire someone who is familiar with selling properties that are like yours in regards to both price range and location. The more transactions they have completed, the better the agent is positioned to handle any situation that may arise with the sale of your home.
Keeping in regular communication is an important part of the seller and agent relationship. Because there should be regular communication, you will want to know how the agent proposes for a schedule and what form it will be in. Will they contact you by phone on certain days to recap activity, text after every showing or will they send weekly emails with updates?
It may not be the norm, but it can happen where an agent may represent both sides of a transaction. There isn’t a standard protocol for how such situations are handled in the industry, but it is a wise idea to identify how these are handled in the event that an offer comes in that falls within this scenario.
Comfort Level with Your Price Point
It is a smart idea to find out if the agent is experienced with your home’s price range. If your agent can see the value in the home then it will make for an easier marketing and selling process. Also, they will be well versed with this type of buyer and what they may be looking for.
Whatever you are trying to sell, without marketing it is very difficult. Find out from your agent how they plan on marketing your home. Look for a specific marketing plan, a list of popular websites and venues that your home will be featured on. Above all, professional photos are the foundation of all promotion and advertising efforts which are a must.