Are you thinking of entering the housing market? Between 70% and 80% of home owners use a real estate agent or broker to buy or sell their homes. Therefore, choosing the right broker is crucial for a successful real estate property transaction.
Questions to a Real Estate Agent
According to Agen Poker Terpercaya, selling your home is maybe the largest financial transaction of your life. Therefore, choosing the right real estate agent is important, even if this is intimidating. To solve this task, we asked Victoria Vinokur, a New York-based real estate agency at Halstead Property, to comment on the key questions you should ask when interviewing brokers. Here's a summary of what she had to say (Part 1):
1. What experience do you have?
This doesn't necessarily mean how long a broker is in business. Such a question will help you understand how well you know the local market and your type of property. Ask them what has sold in your area in the past three months, the last six months, for how much, and after how much time. Ask questions like, e.g. What are the prices of comparable properties?
Since it is crucial to list your house at the right price, ask how many times the price of a property had to be lowered to make a sale. A good broker does not agree to market a property that is overpriced for him. Brokers should have all this information on hand and be able to back it up with data. You should be versatile and understand the psychology of the market. Also, don't be fooled by a pitch that includes celebrities that the agent may have helped. This has no relevance for your sale. You need to know what needed to be done by them.
2. What is your marketing plan?
You want a detailed description of everything the broker will do to place your property "out there". Does the broker have creative ideas that have proven themselves, such as blogs or special events, such as a cocktail party only by invitation for selected brokers and potential buyers? How do you differentiate your property from the other objects that a buyer will encounter? Since digital marketing is critical (more than 90% of buyers search online), view sample web lists and make sure a professional photographer is included in the marketing budget. Not a photographer who simply takes high-resolution wide-angle photos, but someone who captures the details and the important and interesting aspects of your property - perhaps the spectacular view from your balcony or a unique feature of one of the rooms.
Read More : House-Hunting Mistakes Part 5
3. How will you update me with your progress?
Tell the broker how you want to communicate: text, phone or email. (Note: SMS messages are not for important legal purposes.) Ask Agen Poker and make sure that you commit to a regular schedule with detailed written marketing and activity reports (every two weeks is a reasonable expectation) the case is easy to reach if you have any questions or need an update. Also find out if they have a qualified colleague to cover them if they are ever unavailable and make sure no one can view the property unless he or his representative are present.
4. What is your commission?
The standard commission rate for real estate agents is 6% and is usually split between the sales agent (also known as the listing agent) and the buyer agent. Part of this initially goes to the broker, so that the broker personally receives a reduction between 60% and 90% of this commission. However, the amount of the commission is never set in stone and there may be room for negotiation. Ask about the budget and make it clear which sales-related costs arise from the brokerage commission and what you may have to pay yourself (stager, etc.).
5. Do you have references that you can give me?
Don't overlook it. Make sure you get the names of the last customers. It is always helpful if the broker has a page or two of customer offers for this first Agen Poker Online meeting, but don't just rely on it. Make the calls.
Tags : Real Estate, Properties, Real Estate, Broker, House, Questions