QUESTIONS REAL ESTATE
AGENTS HATE
It’s important to know the tract record of the Agent who is going to take care of one of your largest investments. Ask us an any other Realtor these to see who will do the most for you.
IS IT YOUR FULL-TIME JOB?
While experience is no guarantee of skill, real estate — like many other professions — is mostly learned on the job.
HOW MANY HOMES DID YOU AND YOUR TEAM SELL LAST YEAR?
By asking this questions, you’ll get a good idea of how much experience the practitioner has.
WILL YOU REPRESENT ME EXCLUSIVELY, OR WILL YOU REPRESENT BOTH THE BUYER AND THE SELLER IN THE TRANSACTIONS?
While it’s usually legal to represent both parties in a transaction, it’s important to understand where the practitioner’s obligations lie. Your REALTOR* should explain his or her agency relationship to you and describe the rights of each party.
Can you recommend service providers who can help me obtain a mortgage, make home repairs, and assist with other tasks?
Because REALTORS* are immersed in the industry, they’re wonderful resources as you seek lenders, home improvement companies, and other home service providers. Practitioners should generally recommend more than one provider and let you know if they have any special relationship with or receive compensation from any of the providers.
WHAT TYPE OF SUPPORT DO YOU HAVE AS AN AGENT?
Having in-house support staff, such as a full-time listing assistant, full-time transaction coordinator, full-time marketer can be very beneficial in the listing and transaction process.
WHAT’S YOUR BUSINESS PHILOSOPHY?
While there’s no right answer to this question, the response will help you assess what’s important to the agent and determine how closely the agent’s goals and business emphasis mesh with your own.
HOW WILL YOU KEEP ME INFORMED ABOUT THE PROGRESS OF MY TRANSACTION? HOW FREQUENTLY?
While it’s usually legal to represent both parties in a transaction, it’s important to understand where the practitioner’s obligations lie. Your REALTOR* should explain his or her agency relationship to you and describe the rights of each party.
