Find the Best Agent to Sell Your House
Find the Best
Agent to Sell Your House
Article
From BuyAndSell.HouseLogic.com
By:
G. M. Filisko
Published: March 11, 2010
Ask
detailed questions about their experience and skills to help you find the right
agent for your home sale.
Working with the right real estate agent can mean the
difference between getting prompt, expert representation and feeling like
you're going it alone when selling your home. Here are 10 questions to ask when
you're interviewing agents.
1. How long
have you been selling homes?
Mastering real estate requires on-the-job experience. The
more experience agents have, the more likely they'll be able to handle any
curveballs thrown during your home sale.
2. What
designations do you hold?
Designations like GRI (Graduate REALTOR®
Institute) and CRS® (Certified Residential Specialist), which require
that agents complete additional real estate training, show they're constantly
learning. Ask if agents have designations and, if not, why not?
3. How many
homes did you sell last year?
Agents may tout their company's success. An equally
important question is how many homes they've personally sold in the past year;
it's an indicator of how active and aggressive they are.
4. How many days
on average did it take you to sell homes?
Ask agents to show you this data along with stats from
their local Multiple Listing Service (MLS) so you can see how many days, on
average, their listings were on the market compared to the average for all properties
in the MLS.
5. How close
were the asking and sales prices of the homes you sold?
Sometimes sellers choose their agent because the agent's
suggested listing price is higher than those suggested by other agents. A
better factor is the difference between listing prices and the amount homes
actually sold for. That can help you judge agents' skill at accurately pricing
homes and marketing to the right buyers. It can also help you weed out agents
trying to dazzle you with a lofty sales price just to get your listing.
6. How will
you market my home?
The days of agents putting a For Sale sign in the yard and
hoping for the best are long gone. Look for an agent who does aggressive and
innovative marketing, especially on the Internet.
7. Will you
represent me exclusively?
In most states, agents can represent the seller, the
buyer, or both in a home sale. If your agent will also represent buyers,
understand and consent to that dual representation.
8. How will
you keep me informed?
If you want weekly updates by email, don't choose an agent
who plans to contact you only if there's an offer.
9. Can you
provide references?
Ask to talk to the last three customers the agent
assisted. Call and ask if they'd work with the agent again and if the agent did
anything that didn't sit well with them.
10. Are you a
REALTOR®?
Ask whether agents are REALTORS®, which means
they're members of the NATIONAL ASSOCIATION OF REALTORS® (NAR). NAR has
been an advocate of agent professionalism and a champion of homeownership
rights for more than a century.
Other web
resources
More on choosing an agent
(http://public.findlaw.com/abaflg/flg-4-2a.html)
More on
REALTOR® designations
(http://www.realtor.org/education/realtor_university/designation)
G.M. Filisko is an attorney and award-winning writer who's worked with many
real estate agents in the past 20 years. A frequent contributor to many
national publications including Bankrate.com, REALTOR® Magazine, and
the American Bar Association Journal, she specializes in real estate, business,
personal finance, and legal topics.