No matter if you have plans to sell or buy property, it may be a good idea to hire a real estate agent to assist with this process. Even if you have a family member who works in the real estate industry, it is still a good idea to vet the potential agents in order to ensure you find the best one for your specific needs. Five questions to ask a real estate agent you are considering using are highlighted here.
How long have they been in the industry?
You should ask about the amount of time they have spent in the real estate industry, as well as the number of clients they have worked with who had similar needs to yours. You should also consider the difference in someone who works in real estate part time, to one who works in this industry on a full time basis. The fact is that full time agents will typically have more experience and ability that someone who only works part time in real estate.
What are the geographic areas and the type of properties that they handle?
Neighborhood experience is crucial since different neighborhoods will have different quirks. For example, some real estate agents will focus on urban dwellings, while others focus more on historic homes. Finding a real estate agent familiar with the area where you live, or want to live, and the house that you have, or you want to purchase, can be extremely beneficial.
How will they communicate with you?
Even just a few hours of communication lapse may mean the difference in accepting an offer or missing an opportunity. This means that you need to find an agent who will respond to you in a quick manner. This is especially important if you are trying to purchase a home in some area where you do not live.
Will they share any references?
Are they willing to give you the names and contact information of people they have worked with in the past? Also, what portion of their business comes from referrals? If the majority of it comes from this source, this is a good indication they have extremely satisfied customers. Knowing the homes for sale Vaughan a realtor has dealt with will make this decision much easier.
What will it cost to sell your property?
Most buyers will not pay any commissions directly, but the sellers often will and the costs may vary from agent to agent. If you are a buyer and are hesitatant to bring up the commission topic, consider asking what it will cost you to sell the property. This will give you a good idea of what you are in store for.
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