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Top 5 Questions for Your Realtor

April 23rd, 2012 5:00 pm by

When looking for a realtor, it is important to make the right selection.  In order to be successful, you should be comfortable with your realtor and confident that he or she is the right person for the job.  Here are five questions that you should ask to help you make the right choice.

How long have you sold real estate and how long have you been a realtor in this market?  You want to get a clear understanding of the agent’s experience and their knowledge of the market conditions in your area. 

  1. What is their specialty?  Are they a buyer’s or seller’s agent or both?  You want to know if they specialize in different transactions.  If they do, you may want to reconsider if their specialty does not best meet your current needs.  
  2. Exclusive Agreements.  Sometimes a realtor will ask you to sign an exclusive agreement.  If so, definitely take the time to understand what you are agreeing to and signing.
  3. Technical capabilities.  You want to assess the realtor’s access to technology and their savvy.  This is especially important if you are technologically savvy yourself.  You want assess your compatibility.  If you communicate with texts, email and instant messaging, you want your realtor to keep up with you.  So take the time to evaluate this before you get frustrated.
  4. Personality and hobbies.  This is more subjective.  I mention this just because you will be spending a great deal of time with this person.  Therefore, you want to be sure to get along with your realtor.  Further, you not only will be spending a great deal of time but also it can be stressful.  Therefore, your personalities should be compatible.  This way you will be able to feel comfortable with this person and feel confident that they will navigate you successfully through the process.

I have just one word of caution.  If you find yourself in a position where you may be represented by the same agent for both sides of the transaction, be careful.  Although realtors are professional and will do their best, it is difficult to serve two masters.  Therefore, just keep that in mind before you make that choice.