Special offer

Questions To Ask Sellers

By
Real Estate Agent

TOP QUESTIONS FOR SELLERS

ONE - INTRO / BASICS

  • What would you like to get accomplished as a result of our meeting today?
  • Why are you selling?
  • Do you absolutely have to sell?
  • Where are you moving to?
  • Are you working with an agent there?

TWO - TIMING

  • When do you need to move?
  • Are there any factors that could change that timing?
  • If your home doesn't sell...what will you do? Is there a "plan B"?
  • What would be the ideal scenario for selling your home?
  • If it takes longer what will you do?
  • If it sells too quickly, what will you do?

THREE

  • Are you both in agreement about moving and timing of the move?
  • Is there anyone else involved in your decision making process?

FOUR - PRICING

  • Based on the data I have shown you, what do you think the high-low price range is on your home?
  • Where do you want to price your home?
  • What do you base that price on?
  • What do you think your home will actually sell for?
  • At what price would you sell?
  • Do you have any flexibility when it comes to price?
  • If I bring you an offer of $______, with a 30 day close and no contingencies... what will you do?
  • If we price within the high/low range and we receive a full price offer the 1st day what will you do?

FIVE

  • Have you had your home for sale before?
  • Why didn't it sell?
  • What do you think a buyer will like best about your home?
  • Have you sold a home before?
  • What was positive about that experience?
  • Why didn't you list with the other agent?

SIX

  • Do you think that all agents are alike?
  • In selecting an agent, what is most important to you?
  • Would you list with an agent just because they said they gave you the highest listing price?
  • Would you list with an agent because they had the cheapest fee?
  • Would you list with an agent just because they had been in business for a long time?

SEVEN

  • I co-broke my listings immediately and give them the broadest exposure on the internet. Is that important to you?
  • Is your goal to save money on the commission or make more money on the sale of your home?
  • Do you think that someone who is afraid to fight for their fee will suddenly be bold enough to fight for your money in a negotiation?
  • If I help you achieve your goals will you allow me to earn my fee?
  • What is it that you need?

EIGHT

  • Are you 100% confident I can help you reach your goal relative to the sale of your home?
  • Are you open to listing your home with me?
  • In order to make a decision to go forward what needs to happen?
  • If we reach an agreement are you willing to go forward with me?
  • What questions, if any, do you have about the home selling process?

NINE

  • Are there any issues that might come up during the attorney due diligence review?
  • Are there any personal or financial issues that could interrupt the sale?
  • What day shall we be on the market?
  • What are you going to do with Fido when we have showings?
  • Do you have any other properties to sell?

 

Posted by

©Mitchell Hall 2022

All content/images, unless noted, are the property of Mitchell Hall & may not be used without permission. 

nyc BLOG estate

 
          Call Mitchell Hall @ 917-312-0924
          Email: mh@MitchellHall.com
Tamara Schuster
Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois - Naperville, IL
Realtor Broker - Naperville

Nice  list that has great well thought out questions.

May 24, 2011 11:01 AM
Laurie Mindnich
Centennial, CO

Mitchell, when do you share with potential sellers  that you seem to know every single thing about every single building because you absolutely love NYC, with all of the history and intrigue?  BTW, I wouldn't think of calling ANYONE else.

May 24, 2011 12:25 PM
Peggy Hughes/pha logistix, inc.
pha logistix inc - San Francisco, CA
SF NYC LA

That's a pretty extensive list of questions, Mitchell.  I'm with Laurie... I wouldn't think of calling anyone else in NYC, either!!

May 24, 2011 01:09 PM
Mitchell J Hall
Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

Tamara, Thanks, the questions came from agents in my former office. We had to come up with questions we would ask a seller if we were on a first date with them.

Laurie, LOL, Thank you. My first broker (a boutique on UWS) actually knew every apartment on the Upper West Side. She knew the board members, the finances, if there was a fire 15 years ago etc. I'm still learning, NYC is really big, I learn something new everyday.

Peggy, Thanks, I was going to post members only but decided sellers can benefit from these questions. They should know the answers too.

May 24, 2011 01:41 PM
Evelyn Kennedy
Alain Pinel Realtors - Alameda, CA
Alameda, Real Estate, Alameda, CA

Mitchell:

A good list of questions to ask a prospective seller.  They need to know that we have all the answers, that what your questions are all about.

May 24, 2011 05:57 PM
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Mitchell, this is a super list that you have put together, thanks for sharing with active rain.

May 24, 2011 11:14 PM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Mitchell,

This is an excellent checklist. And, these questions really need to be asked.

Brian

May 25, 2011 01:24 AM