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Hiring an Agent? Here are the Questions to ASK

Think about this: you wanted a haircut, found a fantastic salon, picked out a picture of your desired hairstyle, and scheduled an appointment with a stylist you barely knew. They are professional, and it’s a reputable salon — what else can go wrong?

One hour later, you caught yourself staring in the mirror, thinking about where the nearest wig store is. You then hated yourself for not assessing the stylish capabilities. But, on the bright side, your hair will ultimately grow back. 

However, buying a property is not something you can cover up with a wig or have your assets re-grow easily when things go south. When you don’t know what questions to ask, you might go off-course with your financial decisions. 

There are so many real estate professionals in today’s market. In fact, you probably know one from within your social circle. If not, you can ask for recommendations from your relatives, friends, or neighbors.  

You’ll be spending a lot of time with your agent, so be sure their personality matches yours. Therefore, choose the one with whom you believe you will get along. An ideal candidate is experienced and knows your market, operates responsibly, answer all of your questions, takes note of your concerns, and, most importantly, listens and collaborates with you throughout the process.

To make sure you are hiring the best realtor for you, consider asking these 10 questions:

  1. How long have you been a realtor?

An agent in the industry for a long time will be able to anticipate problems and have tried and true negotiation strategies. They’ll also have built connections with other real estate agents.

Also, ask whether they are a full-time agent or not. Most people are doing it as their side job. Because real estate is a skill-based profession. A professional is more familiar with the market than someone who does other jobs by day and real estate by night. 

Thus, a part-timer might not have in-depth knowledge of real estate. 

  1. What neighborhoods do you work best in?

The agent you should choose must know about the areas you are interested in. Look for someone who can rattle off critical information about your ideal community, such as home prices, nearest schools, crime rates, and public transportation.

  1. Do you work independently, or do you have a team?

Some people may think that realtors are lone wolves. However, many agents operate as part of a group with other agents, an administrative assistant, and a team leader. When a real estate agent is within a group, there are considerable advantages. For example, suppose your agent is unavailable, and you need to see a property right away. In that case, someone else in the team can step in. They can even manage last-minute problems in their stead. 

  1. How will you negotiate for me?

This is a crucial question to ask whether you are looking for an agent to help buy or sell a property. They should be able to negotiate effectively and have good networking ability. A professional real estate agent assesses the issue and determines the best course of action to keep you on top of the transaction.

  1. Do you have properties you closed in my neighborhood?

Transactions in real estate are affected by individual community specifications, such as cultural amenities, urban layouts, and traffic patterns. Finding an agent that has worked in the region where you live or wish to move can be beneficial. Check to see if the agent has a track record of closing deals in the area you’re searching for. 

  1. What are the legalities that I need to worry about?

This question is intended to put the agent’s legal knowledge to the test. Sure, you can hire a real estate lawyer to assist you in closing the deal, but there will be legal issues that could come up before buying or selling. Realtors should help you with the disclosures, conditions, paperwork, representation complexities, and terms that are not familiar to you. 

  1. Do you have references I can call? 

You’d probably call a new employee’s references if you hired them, right? So make sure you’re vetting your new agent with the same scrutiny you’d give any other employee. Be wary if they can’t provide you with a list of satisfied customers.

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