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Time to Sell - Time to Pick the RIGHT REALTOR®: Interview Questions, part 1

By
Services for Real Estate Pros with AZ Veteran Notary Services CA BRE 01444168

If you have a home to sell in the Hemet - San Jacinto CA Valley, you have a 1 in 350 shot of picking the right one for you.  There are many good agents in the Hemet San Jacinto Valley that can do the job the right away and there are a handful of great agents - but how do you pick the right one from the 350 members of the Hemet San Jacinto Association of REALTORS®?

I have a list of 13 questions I provide sellers that they should ask when interviewing an agent and finding the one who is right for you...

1)  Do you work full-time as a REALTOR®, or part time?

You should only consider working with a full time agent, otherwise you re bound to run into situations where your agent cannot communicate with other players in the transaction, including you.  Full time should also equate to more attention paid to you and the sale of your home and less worrying about the boss and the 'day job'.

2)  How many homes have you sold in my neighborhood?

The agent who specializes in your neighborhood is preferable,  Is there an agent who makes contact with you at least once a month - be it a post card, door hanger or even a knock on the door?  This agent will be most familiar with the nuances of each model in your neighborhood and be up to speed on recent sales and new listings in the neighborhood.  The neighborhood expert should be able to zero in on a good market price for your home.

3) How may other homes are you currently representing on the market?

Typically, the busier the agent the more efficient they are.  Selling real estate is all about systems and systems work best when they have a pipe line running through the process.  Don't be afraid to ask questions about the different systems the prospective agent uses to sell homes.

4) Will you handle all aspects of the sale of my home or will you assign some of the tasks to another sales associate or an administrative assistant?

You want to make certain that you can contact your agent when needed and not be put through voice mail h*ll.  But understand that knowledgeable assistants can be an invaluable benefit.

5) What will the cost of selling my home be?

Commissions are always negotiable and never set in stone.  Remember though, the commission you negotiate is divided in four shares - there is a buyers agent and buyers broker who will presumably earn half and the other half by your agent and his broker. 

Your agent should be prepared with a 'Sellers Net Sheet' that breaks down all of the costs associated with selling your home, including Title and Escrow fees.

6)  At what price do you think my home will sell for?

This gives your prospective agent the chance to shine and display their knowledge of current market conditions and how they will effect the price and sale of your home.  Your agent should have a CMA prepared to justify their pricing strategy.  CMA stands for either a Comparative Market Analysis or a Comprehensive Market Analysis - the difference is in the amount of prep work that goes into the report.

Hopefully you see the value in this list and you'll come back in a couple of days to access the rest of the list which promises to make any homeowner knowledgeable in the process of selecting the right REALTOR® to help you sell your home, for the most amount of money, in the shortest time with the least amount of inconvenience to you...the home owner!

 

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Until Next Time, Have a Blessed Day,

John Occhi, ePRO, REALTOR®
DRE Lic No: 01444168


ePro,John Occhi,www.johnocchi.com,realtor      Certified Probate Real Estate Specialist Logo Awarded to John OcchiFive Star Logo,Certification,REO,Five Star Institute     

Excellence in Real Estate,Team Log,John Occhi,www.johnocchi.com,hemet,san jacinto,CA  

This blog and the contents written here is the intellectual property of John Occhi, Temecula - Murrieta, CA REALTOR® in the South West Riverside County region of the Inland Empire of Southern California.  The views and opinions expressed are just that - views and opinions of John Occhi and those who comment.  Please note that I am not an attorney or a tax professional and any time I discuss either topic, I suggest you consult with the proper professional for relevant assistance. 


I am proud to be a full time REALTOR® who is proud to be a contributing member of the ActiveRain community.

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Comments (8)

Douglas Lovitt
Washington Management Company, Inc. - Mill Creek, WA

All very important questions every seller should ask!

Jan 17, 2010 05:18 PM
John Occhi
AZ Veteran Notary Services - Marana, AZ
Mobile Notary Public/Certified Loan Signing Agent

Douglas,

Thanks and I promise the rest are just as important, so please come back in the next couple of days.

John

Jan 17, 2010 05:26 PM
Ross Quintana
Real E Smarter - Spokane, WA
Real E Smarter Real Estate Coach - 509-362-1966

All good, points though I think on a few points they may not always apply. If an agent has a better marketing plan even if another agent has sold 3 homes in the neighborhood and the other does way better marketing but hasn't sold homes in your neighborhood, they would still be the better choice as not all agents specialize. Also I sell homes faster than the average agent so we don't have a large inventory. Inventory is unsold homes so I think DOM is more important than how many homes a person has at a given time. I am always looking for more inventory because we sell them before we can get more sometimes.

Jan 17, 2010 05:32 PM
Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

All good questions, but I think it really comes down to finding someone with marketing skills, community knowledge, but most of all someone you're comfortable with.

Jan 17, 2010 08:25 PM
Freddie Gonzales
WEM PACIFIC Investments, Inc. - Daly City, CA
CRS, GRI, RDCPro

Good questions John. Hope you have more to add. Have a great 2010.

Jan 18, 2010 12:13 PM
Karin Elliott
IBA Realty Group - Big Canoe, GA
14 Years as a Broker & Making Dreams Come True

Points that we as realtors should be able to answer immediatly when asked. Also living in or near the neighborhood helps and whether or not they are part of a caravan. Having a team of agents from every company shows that you "work well with others" a skill many have forgotten since kindergarten!

Jan 18, 2010 12:27 PM
Dawn A Fabiszak
Private Label Realty ( Denver metro area, Colorado - Aurora, CO
The Dawn of a New Real Estate Experience!

If I were a seller, I would use all of these points to pick an agent.  But I'm a Realtor, so I will use them to prepare for my listing presentation.  Thanks for some great pointers!

Jan 18, 2010 03:29 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Ah- #2- we get this one a lot when we are breaking into a new market area. And we love to get that question because we believe it has NOTHING to do with whether we can sell your house or not. No, we have not listed a house in your neighborhood and why has the country club queen realtor who has all the listings in your neighborhood not sold your house even though she had it listed for over 2 years now? You see, she has 16 listings in this neighborhood and you will be our only listing in this neighborhood. Who do you think is going to spend more time on YOUR listing? Perhaps the fact that she has all the listings is precisely the reason yours did not sell. :) 

Jan 19, 2010 02:29 AM