Top 10 Questions to Ask your Realtor®
When hiring a Realtor® you want someone you get along with and trust they are doing their very best for you! Here are a few questions to ask when you are meeting with an agent to see if they might be a fit for what you are looking for.
- Are you full-time or part-time?
You might think that most agents are full time but there are a lot that have another job and do Real Estate on the side. You should hire a full-time agent as they have more experience, see more properties and understand the market better. They will also have the time to be there when you need and will be able to be more flexible to your busy schedule as well.
- How much are the Realtor® fees?
Typically both sides of the commission are paid for by the seller, so as a buyer you should not have to pay any fees for using a Realtor®. These fees are decided upon beforehand in the listing contract between the seller and their agent. There are different types of services provided by agents so you will want to ask them what they offer so you know what you are getting for your costs.
- What other fees am I going to need to pay for?
There will be other cost incurred in buying and selling. Purchasing a home you will have the cost of a property inspection, legal fees, and an appraisal from the bank possibly as well. Selling you will have the Realtor® fees, legal fees, and you will need to have your Real Property Report updated if you have many any changes to your property and have it stamped by the city. This is something to ask your agent about, as costs can be different with each property.
- What is offered in your service package?
Each agent will offer different things in their service package. Some will pay for professional photography, professional measurements, professional cleaning, staging, online video tours, showing service, etc. There are full service agents/team and there are also agents or companies that will charge less and just list your home on the MLS. There is a wide variety out there so make sure you are asking what you are receiving for what you are being charged.
- Do you work on your own or as part of a team?
Working with an agent who is part of a team or has support staff can be a huge benefit. It means there is always someone to help you with any little question or concern along the way! Also you have more people working for you to help find you your next home.
- How should I search for a new home?
There are many different websites you can use to help you find properties. Most agents will help you get set up on a personalized search so you only get homes in your criteria. This help cut out having to look through old listings and listings that may not fit all your needs.
- How will you be helping me find a new home?
Your agent will be asking you questions to help determine what kind of house will fit your needs best. The should ask you about the essentials like, bedrooms, bathrooms, square footage, style of home you’d prefer, etc. Then they should talk to you a little bit about your lifestyle. Do you like to go out for dinner a lot, do you like to bike in the park? What things do you enjoy doing in your spare time? These questions will help them find you not only a great house but in a neighborhood that you will love and maybe didn’t even think about!
- How much business do you do per year?
You should ask your agent how much volume they do each year. This will help you know if they know enough about the market. If they do a lot of business they will have a better idea of the market and could have some “pocket” listings as well!
- What kind of marketing do you offer for my listing?
Each agent will have different ways they market themselves and their listings. Do they have bus benches, send out postcards, do open houses, social media marketing? As them what they provide to best get your listing out to the public and get buyers to notice your property first!
- How much of your business is repeat business or referral based?
This question can help you determine if people enjoyed their experience with that agent. If they get a lot of repeat business and referrals of past clients, friends and family, their clients are obviously enjoying the service they provided them. If they are not maybe its the opposite.