Here are some questions you should ask all prospective Realtors. If the Realtor you are interviewing can’t substantiate or hedges in any way, you’re interviewing the wrong Realtor. Start by having them explain to you the National Association of Realtors rule changes from Aug 2024. If they don’t understand it, how can they explain it to a potential buyer?
Make sure an Agent can back up any statements. You have a great deal riding on their ability to sell your home!
- How long have you been selling Real Estate? Avoid anyone with less than 3 years of experience. You have too much riding on their experience.
- How many homes do you sell in a year? “Just a couple” probably means Real Estate is a hobby and not a job.
- Have they owned a home? If not, how would they explain features and functions to a buyer?
- Does your marketing promote homes or you (the Realtor)? Look it up before you commit
- How will you provide me with feedback? If it is not ‘automated’ via a service don’t expect too much effort from this Agent.
- Is commission fee structure worth it? We all use the same MLS, relocation companies, social media etc.
- The Internet has lowered overall Realtor marketing costs over 50% from just a few years ago. How are you passing that 50% savings along to the Seller?
- Will you negotiate your commission? Be Careful: if they can’t negotiate now, what skills will they use to negotiate for you when you need them too?
- Finally, are they working for an established company or out of their bedroom at home? A one person shop has no backup.