Five Questions To Ask Before Hiring A Real Estate Agent

Dated: 02/06/2015

Views: 238

Do you want to sell your property quickly? Looking for your dream home? Are you hoping to get the best deal possible during the complex process of buying or selling a home with as little hassle as possible? With so much money - and often, emotion - at stake, going it alone is generally not the best way to reach your goals. The secret for getting exactly what you want: Work with a savvy real estate agent (hint...hint....like us).


A qualified real estate agent will streamline the process, help you save money and serve as a trusted liaison with your best interests in mind. But how do you find the right real estate agent and filter out the "not so good" ones? Hundreds or even thousands of real estate professionals may work in our area, but finding the best one for your unique situation doesn't have to be time-consuming or even difficult for that matter.


Remember, you're hiring this individual for his or her expertise and services. Your agent's brokerage will get a designated percentage of the sale of the house.  You want someone who will work hard for you, but also someone you are comfortable with because you may be spending a lot of time together.  


To find the best real estate agent for you, ask these five questions before hiring a real estate agent:


1. How many buyers or sellers have you helped in the last year in the area?

An active agent is more likely to be up-to-date on the market, and local and state laws. Furthermore, active agents with experience in your neighborhood, or the neighborhood where you'd like to move, are better positioned to help you because they can provide unique insight that other less-knowledgeable agents cannot.  Would you rather trust an agent that lives in Detroit Lakes, MN to know the Lakeville area, your neighborhood, local amenities, other agents around your Lakeville, MN home?  Of course not...that's why having a local agent is so important!


2. Do you have advanced training?

Any licensed real estate agent can help you buy or sell a home. But an agent who has advanced specialty training is better qualified to assist you. For example, an agent who is an Accredited Buyer's Representative (ABR), has enhanced training focusing specifically on buyers. An agent who is a Certified Distressed Property Expert (CDPE) has special training to deal with short sales and foreclosures. RE/MAX agents on average have more certifications and extra training to better serve buyers and sellers.  Advanced training can also be for online marketing strategies, updated technology, and in negotiations.


3. What services do you offer?

While the majority of people shop for homes online first, having someone on your side through the search and sale process can save time and money. A buyer's agent should help you schedule showings, assist with negotiating the price of the new home, guide you through the paperwork, be there at the closing table, and provide insight through any contingencies during the process.

For sellers, an agent should help set the price of the home, based on a competitive market analysis (CMA). Ask the agent how he or she will market your home (websites, videos, direct mail). Also inquire about assistance with staging and hosting open houses. Then, when the offers come in, the agent can help you with the decision on which one to accept.  A good agent will also stay on top of your file from the accepted offer to well beyond the closing to ensure you have the more enjoyable and successful real estate transactions.


4. Who else will be working with me?

The person you hire should do most of the work, but you may work with a support team, too. Additional team members may include mortgage brokers, home inspectors, photographers, other team agents, or contractors. If you'd like more information about what it's like to work with an agent, don't be shy about asking for references. You'll get real insight into what it's like to work with that particular professional.  Also, don't be afraid to Google your agent to see how they look and present themselves online.


5. How often will I hear from you?

No matter if you're selling or buying, ask how often you'll hear from the agent and make sure that this aligns with your expectations. For buyers: Do you just want to hear when there's a new home that may interest you? Do you want regular check-in calls too? How and when would you prefer to be contacted? For sellers: Do you want to hear from your agent only after a buyer has toured your home, or do you want to be kept in the loop on a weekly basis?  Lack of communication is the #1 complaint of buyers and sellers so make sure you and your agent have a clear idea on communication expectations.


Buying or selling a home is a complex process most people do only a few times in their lives. Hiring the right real estate agent from a reputable company can give you an edge so you get the best deal possible while meeting all your goals.


You can learn more about the home buying and selling process and find an experienced agent by contacting us in the information on this email. We welcome all!


Check out site: www.imperialhometeam.com   and make sure you visit our video channel: www.imperialhometeam.tv . 


**Please leave a comment below on what you are looking for in a real estate agent!**

Blog author image

David Nelson

2016 Associate of the Year - RE/MAX Advantage Plus 2016 Platinum Award winner - Individual 2016 Titan Award - Imperial Home Team Twin Cities Real Estate Agent of the Month - December 2016 Member of th....

Latest Blog Posts

Calm Down! The Real Estate Market is NOT Falling Apart

There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments

Read More

Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC]

Some Highlights:The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.Freddie Mac

Read More

Top 5 Reasons to Hire a Real Estate Professional When Buying or Selling!

Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your

Read More

Calm Down The Real Estate Market Is NOT Falling Apart

There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments

Read More