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Interview Questions for Choosing a Realtor

Monday, July 26, 2021

Buying or selling a property can be a pretty daunting moment in your life. Will you get the money you want for your home, or find an amazing property that fits your budget? How long will the whole process take, and how do you choose a realtor, anyway?

These are some of the many questions that you might have right now. Fear not: you are in the right place. To make the process as smooth, pleasant, and successful as possible, you need the expert and committed help of a great real estate agent.

But choosing a realtor means much more than browsing Google and selecting the first decent option. There are some specific questions that you'll need to ask a potential real estate agent, and this guide will tell you exactly what these are.

Do You Hold All the Required Real Estate Licenses?

First of all: the realtor you are going to hire must have all the necessary licenses and qualifications to perform their job. This is non-negotiable, and you have the right to request to see a copy of their up-to-date licenses before hiring them.

How Long Have You Been a Realtor?

Have you established that the realtor you are speaking to can perform their work legally? Great, now you'll want to learn a bit more about their experience. Ask them how long ago they became a real estate agent, where they worked before, and what their biggest achievements are.

How Well Do You Know the Area I Am Interested In?

Local know-how is not only something nice to have for a real estate agent but a real skill that can make or break a deal. So, another question you'll want to ask is whether (and how well) they are familiar with your area of interest.

This applies both if you are looking to sell your current home or to buy a property in a new neighborhood. Knowing the local residents, businesses, and being aware of any potential issues and challenges that may affect your real estate deal is essential for the process to be as smooth and efficient as possible.

How Long Will My Property Take to Sell/How Long Before I Find My Dream Home on Average?

As we mentioned in the beginning, sometimes it takes a long time for a property to sell, or for a homeowner to find the perfect house. This, though, is also dependent on the skills and expertise of the realtor that you are selecting. During your initial conversation with them, ask them how long, on average, they close their deals.

This should give you a more precise idea of whether they are a good fit for your requirements. And remember: if something sounds too good to be true, it may well be. So, ask them to check some actual references or see some official documents that support their claims.

What Is Your Current Availability, and How Many Clients Are You Working With at the Moment?

You may think that having an endless list of clients is a sign of a great real estate agent. Well, you should think again. While, of course, a realtor with no clients at all might look a bit suspicious, one with too many will also not work for you.

This is because you'll want someone who is dedicated to you and your personal circumstances and has the right type of availability to commit to you. Ideally, you will want your realtor to be working with only a bunch of other clients. This means that they will still have plenty of time to connect with you on a regular basis.

Would I Be Working With You or With Someone Else on Your Team?

It's very important that you find out whether you will be working with the person that you are speaking to right now. This matters both if you are already feeling a certain connection with the realtor, or if you're not sure that they would be the right person to work with.

For this reason, ask them who usually handles deals like yours, and if it's not them, then request to be put in touch with the right person. When you manage to speak to them, remember to ask all the other questions in our guide, so you get a complete picture and can make a truly informed choice.

What Are Your Rates and Payment Options?

Last, but not least, you will need to find out a bit more about money. The best realtor for you is not just one who has a lot of experience, a great track record of successful deals, and a wealth of local knowledge. They also need to be able to offer you fair and flexible rates that suit your specific budget.

So, before your interview comes to an end, remember to enquire about the financial side of things. The last "surprise" you'll need is to discover that the seemingly perfect real estate agent that you hired is simply not affordable!

Choosing a Realtor Made Simple

When it comes to buying or selling a property, choosing a realtor that is qualified, expert, and committed to your success is paramount. Our interview guide will help you to decide who is best placed to work with you.

Do you need more bespoke support to find out how to choose a realtor that works for you, and build a winning real estate transaction team? Then, look no further than Heartland Abstract. Contact us today and we will be delighted to discuss your requirements together.

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