How To Start An Online Dating Service – When selling your home, choosing a real estate agent who represents your interests is very important and one of the first steps in the process. Unfortunately, many sellers don’t understand how important this is or don’t believe it is. There are certain things you can expect from a real estate agent when selling your home.
If you’re considering selling your home, don’t hire a real estate agent just because you’re friends or because your co-worker is married. Every real estate agent is different, period. There are many consumers who believe that every real estate agent is the same and that they all do the same thing to sell homes, which is far from the truth! Each broker carries out their work in a different way, advertises in different places and uses different sales methods.
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How To Start An Online Dating Service
Obtaining a real estate license is very easy, but becoming a top producing real estate agent is not easy. In many real estate markets the 80/20 concept is valid and in others it is not! The 80/20 concept simply means that 80 percent of local real estate activity is done by 20 percent of local real estate agents. This may sound shocking, but in some communities the ratio can be even closer to 95/5, with 95 percent of real estate sales made by 5 percent of local real estate agents!
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So how do you avoid getting stuck with one of those agents who don’t fall into that 5-20 percent? Interview, interview, interview! Knowing how to interview potential real estate agents properly will save you problems later!
Follow these tips and frequently asked questions when interviewing an agent to sell your home and you’ll be on your way to a smooth and relatively stress-free sale!
This is an interview question you can’t miss! Experience in real estate is extremely important. In general, the more years of experience an agent has, the more sales they have had and the more likely they are to have experienced different situations. While there are new agents who are natural superstars and can sell your home better than an agent with over 30 years of experience, this is not always the case.
There are many consumers who believe that becoming a real estate agent is easy money and does not require much effort or time. And this is far from the truth. Being a full-time real estate agent is a must to become a top producing real estate agent. Due to their full-time position, a part-time agent will most likely not have time to make field calls to ask questions about your property that require follow-up from their other agents. Hiring a part-time real estate agent is not recommended when selling your home, and be sure to ask this question during the interview.
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Don’t be fooled by an agent who works primarily with buyers! There is a difference between helping a buyer find a home and representing the seller in the sale of their home. During the interview, the prospective real estate agent should clarify whether he mainly works with buyers or sellers by asking how many houses he has sold on behalf of the seller in the past year. The highest producing sales agents should have at least a 60/40 ratio. 60 percent or more of their sales represent sellers and 40 percent or less of their sales represent buyers.
When you’re selling your home, one of your worst nightmares is the idea of your home sitting on the market for months. When you interview real estate agents, ask them how long on average it takes for their home to get an acceptable contract.
To no one’s surprise, a seller wants a high price for their home. An important interview question is to ask the potential real estate agent about the ratio between the average price and the sales price. There are many sellers who make the mistake of hiring a listing agent. A real estate agent who “buys deals” proposes to list a house well above current market value just to secure the deal, then lowers the price later, continually “beating” the seller. Asking this question during the interview will greatly reduce the chance of this happening, as a top producing agent should have an average sales price of 95% or more of the sales price!
This interview question is a good indicator of an agent’s success rate. If an agent says they have a pending transaction when you interview them, they’re probably not a top agent. A top producing broker should always have more than 10 transactions pending.
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The internet has a huge impact on the real estate sector. Any agent or individual who does not understand the power of the Internet or who is unaccustomed and unreliable to the Internet is not an essential part of real estate sales. Before you interview a potential real estate agent, “google” their name. The real estate agent must be seen.
! Since 90% of home buyers start their search on the Internet, it is important to ask the agent during the interview how to list their home for sale on the Internet. There are many things to consider when asking questions here.
The number of real estate agents who do not have their own real estate website is high. Knowing if the agent has a website is a very important question during the interview. It is important that the real estate agent you choose to sell your home not only has its own website, but also that it scores high in the search results.
For example, if a buyer or seller is looking for information about the local real estate market in Penfield NY, they will most likely search for “Penfield NY real estate market” or similar terms. Ranking on the first page of a broker’s website is crucial, and in the worst case even on the first few pages.
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Blogs are very popular in many industries and the real estate industry is no different. A blog gives real estate agents the opportunity to write about frequently asked questions for buyers and sellers, current real estate topics and, most importantly, the home they are selling for you. During your job interview, don’t forget to ask the potential agent if he or she has a blog.
I’m sure you’ve heard of Facebook, Twitter, Pinterest or Instagram, right? Of course you did! During the interview, make sure to ask the agent if he uses social media and what sites he uses. It is the job of real estate agents to give their clients as much exposure as possible when selling a home. By using certain social media sites, a real estate agent can give their clients additional exposure that real estate agents who are not active on social media cannot.
Have you ever looked at a property online and asked yourself, “How could someone take such terrible pictures?” Yes, I’m sure. Taking great real estate photos is not a trait that every real estate agent possesses. Some agents have this feature, but don’t have the right tools to ensure the photos are high quality. Ask potential real estate agents what camera quality they use when photographing homes for sale. A high quality camera should have high quality lenses, not a $50 digital camera.
Pricing homes isn’t as simple as throwing a dart at a board and figuring out what the sales price will be, regardless of what price it lands at. There are several methods a real estate agent can use to price a home. Two common pricing methods are comparative market analysis (CMA) and cost per square foot. In most cases, the comparative market analysis technique will be the best method for determining a home’s list price. During the interview, each potential agent should have a sample comparative market analysis for you to look at. Pay close attention to the amount of detail an agent uses in his analysis: the more detailed the analysis, the more time and effort he spends on the value of his home.
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Ask potential agents for testimonials from previous sellers. This should be an easy question as most top producing brokers have testimonials on hand or on their website.
It is not always possible for a potential agent to have the opportunity to speak with a former client. During the interview, ask the agent if he or she has contact information for previous sellers who would be willing to talk to them about their experiences. Make sure you talk to this former customer if possible. It’s a great opportunity to “hear it from the horse’s mouth” about their experiences working with a potential agent.
The biggest complaint from sellers and buyers is the lack of communication from their real estate agent. Another important interview question concerns the frequency of communication. Take into account how often they communicate with their suppliers so that their expectations are not lowered in the future.
Each agent handles coordinating the showings of their listings differently. Some agents have showing services, administrative assistants or other brokers. During the interview, ask who is responsible for coordinating the shows.
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