Hiring a Real-Estate Agent to Sell Your House

If you are reading this, it means that you are planning to sell your place and trying to decide upon which realtor to choose. Well, we are here to make your job easier.
Start by getting recommendations from friends and acquaintances. But, do not hire someone without properly interviewing just because he/she got your friend an amazing deal. Remember, this is just the first step.
Have a look at what questions you need to ask your agent so that you get the best price.
• How long have you been in the business?
It goes without saying that the longer the duration, the better are your chances to find a good buyer.
• What are your credentials and which associations are you affiliated to?
At the very least, he/she should have a license. Look for a realtor who is affiliated to the National Association of Realtors (NAR) as she would be professionally trained in the business.
• What are your stats for the past year?
Inquire about the houses she listed but couldn’t sell. Ask for at least two such instances, because he/she is likely to have prepared one story for you.
• Can you provide a Comparative Market Analysis (CMA) for the area?
Commonly referred to as the “comps”, the CMA provides you a comparative analysis of the details of your property with other similar properties. A good realtor makes it a priority.
• Can you provide the references of the past 3 customers you listed?
This is an extremely important step. It is only against confidentiality agreements if their houses have already been sold. All you want to know from these customers is what the realtor is like.
• What commission would you charge?
A 3% commission is generally charged but if it is negotiable, go ahead and pull all threads. Getting the best deal is your right.
• Do you have a clear marketing plan?
It is better if you are provided this in written. Check details like how would your place be advertised and how often.
• What suggestions do you have with regard to staging the home as well as making any value-raising renovations?
Ask which renovations would have a significant effect on the potential price and how should you present the house to prospective buyers – be it switching on all the lights or moving a bit of furniture. You need to ask these questions before hiring.
• Do you have an assistant or support staff?
Choose an agent who has support staff but shows the place herself. Also, ask for the personal cell-phone no. of the agent so he/she is easily accessible.
• What disclosure laws apply to me?
Make no mistake here. Better still, cross check with others to avoid any trouble in the future.
• What agreements do I need to sign?
Read and understand all the clauses before you sign any agreement so that you are aware of all the intricacies that are part of any contract.