7 Questions to Ask Before Hiring a Real Estate Agent

Did you know that in 2021, 92% of homes sold in the US were sold through a realtor? As more people search online, realtors are famous for their expertise and guidance and for serving as brokers.

Are you looking to sell your home and seek a realtor? Or are you a realtor and need ideas on how to attract more clients? Reading this article is your best bet.

Here are 7 essential questions to keep in mind when hiring a real estate agent!

1. How Long Have You Been Working as a Real Estate Agent?

An experienced agent will have a better understanding of the real estate market. You can work with an experienced agent at movinginsiouxfalls.com if you are trying to sell or buy a home.

The more experience an agent has, the better they will be at negotiating on your behalf. With this, they can get you the best price for your home.

2. How Well Do You Know the Local Market?

It is important because they need to give you accurate information on prices, housing market conditions, and local amenities. They also need to be familiar with the area to help you find the right neighborhood for your needs.

3. How Do You Get Paid?

Charging a flat fee or a commission are the two most common options. If they charge a commission, ask what percentage they charge. Other fees to ask about include advertising fees and transaction fees.

4. What Do You Think Are the Selling Points of My Property?

The agent will be able to tell you what they believe are the selling points of your property. They will also give you an idea of how they think the market is faring and the chances of selling your property. It will help you gauge whether they have a good understanding of what makes your property value and how best to market it.

5. What Is Your Marketing Strategy for Selling My Property?

An experienced and successful agent will have a comprehensive marketing strategy that will increase the chances of selling your property quickly and for the best possible price. Be sure to ask about the agent’s marketing strategy details before hiring them.

6. What Is Your Success Rate in Selling Homes?

This will give you a good sign of how likely it is that they will be able to sell your home. Some other questions to ask about this topic include: how many homes have you sold in the past year, what are your average days on the market, and what is your list-to-sale-price ratio? You want to ensure you’re hiring an agent with a good track record of selling homes in your area.

7. What Other Services Do You Provide?

It is important because you want to ensure they can provide you with the needed services. Some real estate agents also offer home staging, marketing, and other services to help sell your home.

Consider Hiring a Real Estate Agent

Now that you know what questions to ask before hiring a real estate agent, it’s time to start your search! Make sure to ask each agent you interview these essential questions. With answers to these questions, you’ll be able to assess better whether or not a real estate agent is the right fit for you.

If you are looking for more real estate advice, please continue to browse our blog. We have additional real estate tips for you to consider.