December 23rd, 2016 By Kristi Navarre in Blog
So you are thinking of selling? Here’s a list of questions to ask your potential listing agent.
- How will you market my home? Your agent needs to provide a EXCELLENT marketing plan for your home. It’s not enough just to put a sign in the yard and place a home on MLS. More than 90% of all buyers find their homes online. Your agent must know how to bring in buyers through a variety of methods including social media. Ask for specifics.
- Your agent should also be able to tell you how to prepare your home for sale (staging) so it makes a great impression on buyers while giving you a great return on your investment.
- How and how often will you communicate with me? Most buyers and sellers complain about a lack of communication with their agents. It’s best to know what to expect upfront, and if the agent doesn’t make communication a priority and give you specific info, keep looking.
- How will the agent negotiate the contract and follow up with the buyers agent after you go under contract? A good agent will explain exactly what will happen during negotations and have a detailed explanation of how the agent follows up after your home goes under contract.
- What is your average number of days from first listing a home to an accepted offer? This won’t be a guarantee that your home will sell within the agent’s average time frame, but it’s a good gauge of how well your agent knows his business and how hard he works to get homes sold.
- What is your average difference between a home’s listing price and the final selling price? Buyers will find out how well the agent will negotiate on their behalf. Sellers will learn how accurately the agent prices the homes he/she lists.
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*This information should be used only as an overview for a first time home buyer purchase.