Questions to ask when hiring a REALTOR®

So you have decided to buy or sell a home, and you realize that you will need the assistance of a REALTOR®. If you haven’t already got a REALTOR® that you use, it is recommended to meet and interview a few potential professionals. When you meet with each REALTOR®, have a list of questions prepared so that you can get a feel for how experienced and knowledgeable each one is, and what they are going to do for you throughout the real estate transaction. See below for a list of questions you may want to ask:

How long have you been in the business? If the person is newly licensed, ask what type of team and/or support they have to do the best possible job for you.

What is your average list price-to-sell price ratio? This will give you a good idea as to how competent the REALTOR® is at pricing homes and understanding the current market conditions.

How do you plan on marketing my home? Can I see examples of marketing materials? Find out the various methods that each REALTOR® you interview plans on utilizing to market your home. Take a look at their web sites, advertisement and feature sheets to see if you like their marketing materials.

What type of team do you have supporting you? This is important to know. Find out what resources each REALTOR® has to support them. Also, find out what systems are in place if your REALTOR® is away or unavailable. Is someone available as back-up support?

What types of commission or fees are associated? Review each REALTORS® commission charges and compare.

What sets you apart from your competition? This seems pretty standard, but there may be certain qualities that you are looking for. Also, a confident and competent REALTOR® should be able to answer this question without hesitation.

How will our relationship work? Ask each REALTOR® to explain the nature of their relationships with their clients. If you are unsatisfied, can you easily exit the relationship? Is there any sort of guarantee?

Can you provide references? You are always able to ask for references if you would like to. Speaking to other past clients will give you a good idea of the type of experience they had.

Is there anything else I need to know? There is always something more to know. This is a great question to ask to ensure that the REALTOR® you are interviewing takes the time to make sure that you are well-informed about the real estate process and the potential relationship that you may have with him or her.

Being prepared is essential when you are interviewing potential REALTORS®. Most importantly, you should get a good feeling from the REALTOR® and feel comfortable with them and confident that they will do the best possible job for you in the shortest amount of time.

For any real estate assistance in the Oakville, Burlington, Milton area contact Mary at maryobrienc21@cogeco.ca  

 

 

Mary O'Brien

Mary O'Brien

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
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