Important Questions to Ask Your Real Estate Broker
You are about to move to another place, and you want to sell your home fast so that you can use the money to acquire a home in your new location. However, listing your home on online platforms and showing hundreds of clients your property before finding a suitable buyer is impossible because of your busy work schedule. This guide will educate you on choosing a real estate agent to help you with the property sale.
How long have you been a real estate broker?
Find out the period your chosen broker has been in the more extended serving period indicates the professional has extensive experience. Furthermore, you will be able to determine the skills of long-serving professionals through their work history.
Is real estate brokerage your main job?
Consider working with a professional who specializes in providing real estate brokerage services only. The expert is likely to look for a large variety of home sales and gather contacts of clients looking to purchase property on a cash basis. On the other hand, avoid individuals whose real estate brokerage is a partial job. Part-time brokers lack vast knowledge and dedication to look for clients and sales deals aggressively.
Are you licensed?
Look for a real estate broker with a valid license. The brokerage industry is highly regulated; hence, a certified agent can provide you with quality advice and guidance within its limitations. It is also easy to conduct a background check on licensed real estate agents to determine their sales records.
How much do you charge?
Find out how much your selected broker charges to help you with the search for reliable clients. Many agents ask for a percentage of the property sale while others may want hourly compensation. Ask the agent the expected compensation strategy to avoid unnecessary misunderstandings afterward.
Do you sign a contract?
Seek an agent who emphasizes that you sign a written agreement. The contract ensures that you have a point of reference and will not argue over the contract terms afterward. Furthermore, a written contract allows the stipulation of all the essential matters right from the beginning.
Do you have a support system?
Find out if your real estate broker has contacts who will aid in completing your sale fast. For example, the professional should have contacts of reliable lawyers, tax experts, renovation companies, and marketers, among other essential personnel. The combined effort of the teams increases the speed at which you sell your property.
Do you sell houses?
If you are looking for an agent to help you buy a property, look for an agent with vast experience buying and selling property. The best agents have a vast network of property owners and companies selling houses in different locations. The agent can help you narrow down the variety of properties that are within your description.
Do you have a cashback warranty?
Work with an agent with plans to refund your money in case you are unable to complete the payment or if the property does not meet your requirements.