What You Want and Don’t Want to Hear from Your Listing Agent
You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to:
- Set the market value on possibly the largest asset your family owns (your home)
- Set the time schedule for the successful liquidation of that asset
- Set the fee for the services required to liquidate that asset
An agent must be concerned first and foremost with you and your family to garner that degree of trust. Make sure this is the case.
Your home is likely the largest financial investment you have, so it makes sense to carefully choose the right agent to represent you when you sell it. The best real estate agent will walk you through the whole process, showcase your home in the best light, give you feedback from showings and open houses, and let you know whether you should accept a buyer’s offer up front or negotiate for a higher price.
It’s a good idea to talk to more than one listing agent before you sign on with one. As you’re interviewing Realtors, ask these questions so you can determine who will best help you sell quickly and for the most money possible.
1. What’s Your Real Estate Experience?
A listing agent who has been in real estate for several years or has sold plenty of properties has seen all kinds of scenarios. If this agent has overcome challenging home-selling hurdles before, he or she will know how to avoid or mitigate these stressful situations during your home sale, should they arise.
2. What’s Your Sale-to-List-Price Ratio?
This percentage will tell you if this agent consistently sells homes close to or over the list price, which is the price that’s set when the home goes on market.
3. What are Your Average Days on Market Stats?
In other words, how quickly do sellers’ homes go under contract with this agent? Agents who sell homes quickly often use advanced marketing or advertising techniques and are highly skilled negotiators. Continue reading