Selling your house is probably one of the most significant investments in your life, so the process of selecting a real estate agent should be taken seriously. The agent will be responsible for setting the sale price, marketing, holding open houses, talking to potential buyers, and assisting you through the sale process. Ask your friends and neighbors for personal recommendations, but take the time to interview several agents before making a decision.
10 Questions to Ask Before Hiring a Realtor
- Knowledge and Expertise in Your Neighborhood:
- What is the average price per square foot of available units?
- What is the average price per square foot of sold units?
- On average, how many days do properties take to sell?
- Comparative analysis of prices and sales for the past three years and the future forecast
- Price Range of Their Recent Sales: Look for someone who typically handles houses in your price range to ensure familiarity with your market.
- Number of Properties Sold in the Last Year: This is an indicator of experience. More properties sold = greater experience.
- Experience in the Neighborhood: Familiarity, knowledge, and experience with your neighborhood can be the difference between “being for sale” and “selling.”
- Difference Between Initial Market Price and Final Sale Price: Many agents accept the price you desire, only to start requesting price reductions later. Look for someone who assigns a realistic sale price through comparables.
- Marketing of the Property: Marketing involves more than an MLS listing. Look for a solid marketing plan.
- Clarity: Look for someone who is honest with you about the weaknesses of your house and how to address them.
- Team: Look for someone who can provide a team capable of offering legal, tax, estate, and financial advice, which are crucial in this process.
- Communication: Look for someone who provides frequent updates and whose team is available to answer any questions.
- References: Ask for the names and phone numbers of their last three clients to confirm their satisfaction.
Enrique Vicente Urdaneta
Real Estate Advisor | eXp Realty | EVU Luxury Homes
305.209.6418
www.instagram.com/evuluxuryhomes
Disclaimer: The information presented in this article is intended to provide a general understanding of the topic. However, please note that I am a real estate agent, not a lawyer, accountant, tax, or financial advisor. This content should not be taken as legal, tax, accounting, or financial advice. The laws and regulations related to this topic can be complex and may change or expand in the future. Therefore, it is crucial to consult with a qualified professional, such as a specialized financial or tax advisor, before making any decision based on this information. As a real estate agent, I can provide various options and professional guidance related to the real estate aspects of your investment strategy, and for matters related to tax implications, legal issues, and financial planning, please consult with the appropriate professionals, which whom I have allies I can refer.
