Interviewing A Realtor To Sell Your House – But what does the rental process look like, from hiring a real estate agent to signing a listing agreement?
And how do you make sure you hire a real estate agent who will sell your home quickly and for the most money?
Interviewing A Realtor To Sell Your House
I went through the process of renting to sell homes, and before I got into the industry I hired realtors to sell my own, so I made sure to hire an agent as both a realtor and a salesperson.
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Let’s walk you through the process of hiring a real estate agent so you can hire the right seller as soon as you’re ready.
Some home sellers end up with the wrong agent because they jump the gun and make an irrational decision.
Here are some things you should do before hiring a real estate agent to increase your chances of hiring the right person.
When you hire a realtor to sell your home, you’re establishing a relationship with a professional you can trust.
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That’s why you need to make sure the agent knows what you need help with before you hire them.
Let’s say you’re selling a rental property or you bought (and moved) your home before listing it. In this case, you may need help:
This is one of the key steps in selling a home with a real estate agent, as it will help set expectations for the partnership early on.
Many real estate agents base their hiring decision on how much they like the real estate agent. While taste is important, that doesn’t mean the real estate agent is the best.
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This can take the emotion out of it and put you in a better position to hire the right agent—one who is skilled at selling your home fast, and for top dollar.
You will increase your chances of a successful home sale if you hire a real estate agent who checks these boxes.
It’s a good idea to do your research before or after meeting potential agents; the most important thing is to do this before hiring an agent.
Need help hiring a good agent? We research local real estate agents so you can find the best deal for you at the highest price to sell your home fast.
How To Pick The Best Listing Agent To Sell Your Home
When you hire a real estate agent, you are essentially paying them a commission in exchange for their services in helping you sell your home.
Knowing what the service standards are when hiring a real estate agent can help you make a more informed decision.
Home photos must be taken by a professional photographer and paid for by the agent, although some real estate agents will take the photos themselves to save on out-of-pocket costs.
If you want to improve the appearance of your home, an experienced realtor can advise you on which repairs, improvements and decorative updates should be made to get the most return on your investment.
How To Hire A Real Estate Agent
The realtor you hire will post your listing on the MLS (multiple listing service), which is posted on all the major websites.
They should be available for open houses to make it easy for potential buyers to tour your home.
And you should be able to answer any real estate and home selling questions that may arise at the open house.
If you plan to have inspections before putting your home on the market, your real estate agent should help coordinate with the inspectors and meet with them at your property. And there will be a trusted agent even if the buyer has done inspections.
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Even if the appraisal is for buyers, it’s a good idea to have your agent be at the property and meet with the appraiser.
Some appraisers are open to agent feedback on recent home sales; if your listing agent can share this, they can reduce the chances of the sale falling through because your home hasn’t been appraised for sale price.
Also, some real estate agents don’t want to pay for additional marketing because they are often newer or may only sell occasionally.
It is common for real estate agents to schedule free consultations with a home agent in some mid-to-high end markets.
Things To Expect From Your Real Estate Agent When Selling A Home
If you’re in a more expensive market, an agent may even offer free home staging as a perk in their marketing plan.
This is because some agents prefer to represent the buyer in the same sale so they can earn more commission.
You’ll want to contact a real estate agent when you’re pretty sure of your list of real estate agents (or that you’ve found “the one”).
You can contact an agent by text, phone or email and expect a fairly quick response if you don’t get an immediate phone connection.
Why It’s Smart To Hire A Realtor® To Sell Your Home
Many home sellers will talk to a real estate agent on the phone before meeting with them, but this is really a personal preference.
Regardless of which route you go, expect the agent to ask about your sales status (whether you’re selling or buying, moving out of the area, etc.) when you approach.
Your answers will give agents the information they need to compare your property to recently sold homes before meeting with you.
This is important because the real estate agent helps you recommend the best price during the initial consultation.
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By going room by room, the agent will be able to check the price recommendation and give you a better idea of the estimated sales price.
That’s why one of the things you shouldn’t tell a real estate agent when selling is not disclosing any improvements you’re considering.
An agent’s overall appraisal of your home can influence your decision on which real estate agent to hire.
Because it helps you qualify for an agent that will put you in the best position to sell quickly at the highest price.
Top 10 Questions You Should Ask When Interviewing A Realtor To Sell Your Home
For example, an agent with relevant sales experience meets the basic minimum qualifications you need to become a real estate agent. Therefore, it is essential to ask about their experience selling in your local market and price range.
But if you want the best price, it’s even more important to hire a real estate agent who doesn’t prioritize their commission.
Therefore, you will want to research what percentage of the sales represented the seller and buyer in the same real estate transaction.
Hiring a realtor with a low percentage of dual agency sales ensures that you are getting an agent who puts their clients’ interests first.
How To Hire A Real Estate Agent To Sell Your House
To help you prepare for your realtor interview, here is a list of the best questions to ask a realtor when selling your home.
Remember, you are hiring an agent to do a job to sell your home for the best price and as quickly as possible.
But some sellers are so clouded by this fear that they base their rental decision solely on the real estate agent who recommends the highest price.
Each job candidate must provide you with a comparative market analysis, a report that includes recent sales (and sometimes neighborhood market trends) of comparable homes.
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While it’s good to get a realtor’s opinion on the value of your home, it’s even better to know how they arrived at that number.
The information is vital as your realtor will use it to get the best deal when you negotiate with the buyer’s agent.
So when you’re negotiating the price you should list your home on, taking a buyer’s perspective will help you get the best “asking” price.
It is best to return to the timeline when you want your property on the market. This may depend on what you need to prepare at home.
How To Choose A Real Estate Agent Whether Buying Or Selling
Even if you want an aggressive real estate agent, be wary of any agent who is overly enthusiastic about signing a listing contract at your first meeting, especially if you’ve suggested (or indicated) that you want to consider them.
An overconfident agent is likely to pressure you into accepting a lower offer in order to move on to the next sale.
In other words, these agents likely have a history of prioritizing their commission over the seller’s interests.
In general, if an agent takes more than half a day to respond, they are too busy to give your home sale the attention it deserves.
What Is A Listing Agent?
Knowing what to look for in the agent you hire is important as it is a key part of the process of choosing a real estate agent to sell your home.
Here are 12 signs that you’ve hired the right agent to put you in the best position to sell quickly and at the best price.
Hiring a real estate agent can make a big difference in how quickly and for how much you sell your home.
Although it can be stressful, with the right guidance you can quickly secure the services of the most suitable real estate agent.
Is Now A Good Time To Sell Your Home?
If you want to take the guesswork and stress out of hiring the right real estate agent, our free service can do the hard work for you.
We have strict vetting requirements putting the seller’s best interests first (and won’t lock you into a contract) to match you with a top local real estate agent.
Joseph is the CEO of the company. He has a degree in real estate and has more than eighteen years of experience in real estate. He is married to his beautiful wife Erin and comes from a large Italian family.
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