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Questions To Ask Realtor When Selling Your Home
Sunday, September 25, 2011
When selling your home, selecting a Realtor is one of the most important steps one can take. This is why a seller must interview his or her Realtor prior to hiring that individual to represent the seller’s interests. These five simple questions may be the difference between a speedy sale and a stalled transaction.
The first question to ask is simply about the Realtor’s overall experience. When I decided to sell my house
, I chose a Realtor with a great listing price to selling price ratio. This term refers to the price in which the Realtor’s previous homes were listed versus the actual selling price. You would prefer a Realtor that is capable of selling the most homes at the listed price. The second most important question involves how the well a Realtor communicates. A confident Realtor will be vocal and open to your correspondence.
Another very important question concerns your Realtor’s ability to maintain integrity. When you sell your home, your Realtor should be experienced enough to communicate the home’s faults. In other words, the Realtor should inform you of the residence’s drawbacks and suggest remedies. This will help them market the home and you obtain an efficient sell. Speaking of marketing, when I was determined to sell my house, I chose a Realtor that was capable of marketing my home a number of ways. This happens to be the next question a Realtor should be able to answer. A talented Realtor will have many ways in which your home will be visible on the marketplace.
The last question a Realtor should be able to answer concerns his or her Realtor fees. This is probably the most confusing part about the whole process. However, we will breakdown the fee schedule right now. Most Realtors charge a commission for their services, which is typically 6 percent of the sales price. This can either be a large amount or a small amount dependent upon your final selling price. However, in recent years Realtors have become much more flexible and the standard commission charge can be negotiated. Regardless of the agreement, the fee is not paid until the closing date, after the residence has been sold.
As you can see, selecting a competent Realtor is one of the most important decisions one will make in their adult life. Luckily, we have been able to simplify the process for the seller. By using these questions one should be able procure a Realtor that is confident and talented, allowing for an efficient sell.