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  • « Investing in Real Estate | Home | what is a foreclosure? »

    choosing the agent for you

    By | January 8, 2008

    real-estate-agents.jpg

    A Real Estate Agent is very important to your chances of getting a good price for your house or to get you a good house for the price you pay. So when you select an agent it should be with great care and deliberation. The mistake people make while choosing an agent is choosing one who charges a lower commission or one who makes tall claims about the price he will fetch you for your property.

    The first step would be to ask people to recommend agents to you. Speak to past clients of a particular agent about his service, trustworthiness etc before setting up an interview with him.

    When you get around to meeting the agent in person it is important to ask him certain question such as his qualifications, the experience he has etc. It is important to ask him the following things also:

    Question him on the volume of sales he has had in the past year and whether he has made sales in your neighborhood and if so how many.

    Ask him his price range and how much he has been charging in the past few months. Ask him what all services he provides. This is important because though an agent may charge a higher commission he will also provide more and better service which could result in a higher price for you.

    Go ahead and question him on the price he would fix for your house, on what basis he fixes such a price and asking him how he proposes to go about in order to get you such a price.

    Ask him about his staff, how well equipped they are and whether you will be in contact with him or one of his staff members.

    Ask the agent to list the USPs of your house which will fetch you a higher price and do some more research on him. If you feel you can trust this person and that he could get you what you’re looking for, go ahead. Or else thank him for his time and go through this routine with another.

     

    Topics: Real Estate Agents, Uncategorized |

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