Even in a seller’s market, property deals can only succeed for several reasons if the homeowner and the real estate agent have a clear and honest relationship. As a homeowner, it is your main job to do a thorough background check on real estate agents before you give them the job of selling your home.
Do You Have A License To Sell Real Estate?
If you were sent to a real estate agent or found one on your own, you should ensure they are good at their job and have all the legal certificates they need.
What Is Your Fee Or Commission?
Most of the time, real estate agent commissions can be changed depending on the property type. Usually, it’s between 1 and 2 percent, but it can be higher or lower depending on last-minute sales, location, property value, etc. So that neither party is hurt, the agent shouldn’t also work for the buyer. Most of the time, brokers and agents get paid when the deal is done, and the money is transferred.
Where Will You List Your Property?
There are many ways to do things online, like property portals and online viewings. Still, to bring buyers and sellers together, a real estate agent needs to have more channels, circles, and connections. Ask your real estate agent about his marketing plan, the sphere of influence, and how he builds relationships to see if he has a good plan.
How Fast Do Houses Sell In Your Area?
Find out how the local real estate market is doing and get a rough idea of how long it might take for Caldwell, NJ, homes for sale to come up. There is no right answer to this question because each property sells at a different price. But a good real estate agent knows how many houses are for sale, how long they are on the market, and when they are close to give you an accurate estimate.
How Do Buyers Get Checked Out?
By asking the right questions, your realtor should be able to tell the difference between real referrals, online/walk-in prospects, and scammers or people who seem suspicious. Your real estate agent should have the knowledge and skills to only look at serious offers.
How Many Homes Have You Sold So Far?
Whether given real estate agents’ names or found through online reviews, you need to talk to them about their background, market experience, and the number of homes they’ve sold in your area and elsewhere. But don’t just rely on records of how well things have worked in the past. If you like the real estate agent’s personality and values, you should go with your gut.
Remember that if your real estate agent tends to lie or seems like they can’t be trusted while you’re asking important questions, you can always ask other people for more information to check the truth.
How Do You Handle Offers?
Ask different real estate agents how long their listings stay on the market, and then compare the times. You should also ask them how good they are by asking what the listing price and actual price of houses for sale in Bloomfield, NJ are.
Working with your agent to show off your property’s best features, like updated amenities, furniture, fixtures, and technology for managing gated communities, is great.