When I begin interviewing agents, what are some key questions I should ask in the interview process?

Profile picture for KKVV
  • KKVV
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When I begin interviewing agents, what are some key questions I should ask in the interview process regarding selling my house?
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May 25 2009 - Kirkwood
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Answers (6)

Profile picture for sunnyview
How many houses have you sold in my neighborhood or local area last year? How many days on market and percentage of the listing price did you get for those houses? How do you advertise? Will you hold open houses? Can you give me a few names of people that you helped sell in the last 3 years? Do you have any complaints that have been filed against you? Are you willing to list my house for 60 days to start with so I can have the option to evaluate your marketing plan to make sure it's working before I sign a longer contract with you? Are you honest? How do you feel about agents that "buy" the listing with a higher than market initial asking price on the CMA just to get the listing? When do you feel that price reductions or seller concessions are appropriate?
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May 28 2009
Hello,

When you are SELLING a property you want a Seller Agent, which is an agent (like myself) that PRIMARILY works with sellers.  You want to ask the agent how many properties they have LISTED in your area and how many of those listings SOLD! You want to know the number of years experience the agent has and most importantly how are they going to "Market and Advertise" your property to sell.  Call your local Re/Max Office and include them in your interview process.  Re/Max agents are "Outstanding" and I think you will be pleased with what they have to say and how they will market and advertise for you. Good luck!
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May 28 2009
Profile picture for rockinblu
KKVV,

You might find this blog of some interest. Good luck.
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May 25 2009
Profile picture for real estate mike
Well Norma is right on. Other than the personality you see from that person testimonials and references are what you have, perfect. Many agents are very hard to communicate with also and this is a great key. Marketing should be aggressive and focused for your particular type of property and area. Some areas are huge on technology some rural areas could care less. The sales person should spend more time asking you more questions than they do make statements. After all our goal is to find out the most about the property and your goals so we know how to best proceed.
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May 25 2009
All of Norma's questions are right on - just knowing what is for sale and has sold is good, but has the agent SEEN any of the properties?  That part is huge - especially in your neighborhood where cookie cutter subdivisions are NOT the norm.  The agent you select should have first hand knowledge of the competition.  I'm not sure why you would need the license number of an agent but you definitelty need an agent who works full time in real estate and has plenty of resources (not necessarily financial)  for marketing to get your home sold.
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May 25 2009
Profile picture for PVPro
Does the agent:
1.  Know your neighborhood?
2.  Know what is for sale and what has sold in the past 6 months in the area?
3.  Have a marketing plan for your property?
4.  Have references and testimonials from past clients?
5.  Disclose and discuss his fee (commission rate)?
6.  Provide weekly (or more frequent ) updates on showings, calls etc.
7.  Provide his/her real estate license number?
8.  Have a personality and work ethic you are comfortable with?
9.  Work full-time in real estate?
10. Allow you to terminate the contact if your plans change or the agent does not live up to your expectations?

These questions should get a lively discussion started. Good luck with your search for an agent.
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May 25 2009
 

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