How to Choose a Real Estate Professional

Real Estate Agent with Nothnagle REALTORS

You are ready to buy or sell and you now need the services of a Real Estate Professional.  How do you go about choosing the right person to work with you?  Here are a few questions you may want to ask potential candidates for the job of being YOUR Real Estate Professional. These is not a complete list but a good start!

1.  How long have you been in residential real estate sales?

2. Is this a full-time or part-time job for you?

3. Are you a REALTOR? (member of the National Association of REALTORS with over 1 million members who subscribe to a stringent code of ethics.)

4. What designations do you hold?  (Designations, such as GRI, CRS, ePRO, ABR, requires real estate professionals to take additional specialized real estate training and are held by only about 1/4 of real estate professionals.

5. What is your list to sale price on your listing?  What is the list to sales price on your sales? (This percentage indicates how much of the original asking price the seller received.  If you are looking for an agent to list your house, you want this number on the listing side to be high indicating this agent works to get the seller the highest price.  If you are looking for an agent to help you purchase a house, you'll want this number on the sales side to be low indicating they work to get the buyer the lowest price possible.)

6.  What type of specific marketing approaches will you use to sell my home or to find me a home?

7. Will you represent me exclusively or will you represent both the buyer and seller in certain transactions?  (It is important you understand agency and how it will affect your sale or purchase.  A good practitioner will explain the agency relationships.)

8. Can you recommend service providers who can assist me with a mortgage? making repairs? inspections?

9. How will you keep me informed of the status of my transaction?

10.  May I have references? 

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