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What To Know Before Choosing A Real Estate Agent

What To Know Before Choosing A Real Estate Agent


What To Know Before Choosing A Real Estate Agent

by Agneta Ullman

So you have decided to sell your house, and you are looking for a real estate agent to represent you. Here are just a few suggestions of a few things you may want to know about your agent before contracting with them. The number of years on the job is only one factor...

The listing agent, (the sellers agent) is the one placing your property information on the MLS which is the nation wide database where all listings listed with a licensed Realtor will be shown. Some listing agents will do that, and nothing more, waiting for an agent to call with a prospective buyer.

How many properties has you agent sold? Was he/she the sellers agent, or the buyers agent? How many properties were sold at, or near, the asking price when agent acted as sellers agent? That is an important question. Some agents will prompt you to reduce the price substantially when negotiating with the buyer. That can mean you lose a lot of money, but it is a quick sale and fast commissions for the agent.

Not everyone is good at negotiating or asking for things.In a transaction involving a large sum of money such as your house, would you not have an agent that have the skill and know how to negotiate the best deal for you?

What will the agent do for you besides placing the listing on the MLS? Where else will there be ads? Will there be open houses where people can come and see the property?

What is the availability of your agent? Will you, and potential buyers, have to wait hours, or over the weekend to get a response? Will she respond in the evening? Some agents take Sundays off, some are off in the evenings to spend time with their family. Make sure this is clear and agreeable to you.

The personality of your agent is important as well. Is he/she upbeat and easy to talk with? Is she enthusiastic and optimistic? Is she interested in putting in some effort to get this deal completed? Or is she pessimistic, cautious and unmotivated

Take some care and thought before selecting someone that you will be forced to work with for many months. Take your time, interview several agents. Ask around for referrals. Make sure you get the best agent for you and your deal.

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