10 Things To Ask Your Real Estate Agent Before You Commit!
1. Specialization
Determine whether the agent primarily works with buyers or sellers — or both. Knowing this will help you assess their focus and expertise.
2. Commission
How does the agent’s commission structure save you money at closing time?
3. Local Knowledge:
Ask about their experience in your specific neighborhood. Local knowledge is invaluable when it comes to understanding market trends, property values, and potential issues.
4. Technology
Do they use the latest technology or are they stuck with older legacy systems?
5. Experience
Inquire about the agent's experience in the real estate market, specifically in your desired area and price range. A seasoned agent will have a better understanding of the market and potential challenges.
6. Communication Style:
Do they communicate in a way that is best for you?
Inquire about the agent's preferred communication methods and their availability to ensure they align with your preferences.
7. Team Approach
Do you have count on a sales agent to handle the complexity of your sale or do you have a team?
If the agent works with a team, understand who will be involved in your transaction and how the workload is distributed.
8. Marketing & Search Strategy
For sellers, understand how the agent will market your property. For buyers, understand how they will actively search for properties that fit your needs.
9. Negotiation Skills
Understand the agent's approach to negotiating offers and contracts, especially in a competitive market.
10. How Can They Save You Money at Closing Time?
What unique skills and tools does the agent have that can end up putting more money in your pocket?