How to Select an Agent

How to Select an Agent

Your agent must be on your sideSelling your home can be very stressful, it is important to select the right agent that will make your transaction as smooth as possible. Below are a few pointers to help you along your way:

  • Like anything else, shop around.
  • Go to open homes, and watch the agent in action.
  • Interview at least 3 agents.
  • Select an agent who has good knowledge of your area.
  • Choose an agent who listens to your needs and one you can trust.
  • Search on the internet and look at the agent’s article and photos on their listings, as this is the person who is going to be representing your home. If their work is slap dash, then you can expect the same!
  • Look for an agent, who can negotiate, it’s their negotiating skills that will get you the best deal!
  • Understand the difference between a pushy agent and one who knows how to sell.

If you are not happy with your agent and want to terminate your agreement, you should put your request in writing to the office broker. If an agent has not fulfilled their duties you have every right to terminate.

Questions you should ask the Agent

1) How many listings do you have?

If an agent has too many listing, you may find that they won’t be giving your property the attention it deserves.

2) Do you have any referral letters from past clients?

It is always good to see the comments of past clients; remember the agent is a stranger that you will be giving your most expensive asset for sale. If you are able to get contact numbers to speak to past clients, this would be great.

3) What are your fees and commission structure?

It is always good to find this out, as some agents will negotiate their fees. Bear in mind that the cheapest agent may not be the best agent!

4) How are you going to sell my home?

All good agents should be able to provide you with a marketing plan of at least 4 weeks; this should also include a weekly report as to what events have taken place.

5) Who pays for advertising?

Remember this is your home... some agents may offer to pay. Consider before accepting, is it in your best interest! Once an agent pays, they now have an invested interest in your property. They do not need any incentives; they have the commission as one.

Real Estate Hints and Tips

 

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