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realtor questions

Published on Nov 18, 2015

12 Critical Questions to ask when hiring a real estate agent

PRESENTATION OUTLINE

realtor questions

12 to ask the next Realtor you are Interviewing

Time on the job?

  • How long have you been a licensed realtor?
  • How long have you been selling homes?
  • Most real estate techniques are learned while doing.
  • You can also run the agent in the State Licensing system.
  • Maybe a difference from licensed year and "on the job".
Photo by rennes.i

agent Pricing stats

  • How close were your listing prices compared to sales prices?
  • Listing price - the amount the agent listed the home for.
  • Selling price - the offering amount agreed upon by the seller.
  • Could be two very different numbers - indicating agent's skill level.
  • Hot versus Cool real estate market can also impact these numbers.

personal and brokerage track record

  • Two fold question
  • How many homes did you sell last year?
  • How many homes did your brokerage sell last year?
  • This is a good Guage of Experience.
  • But remember, everyone has to start somewhere...

Pricing and sales skill

  • On average, how long did it take you to sell a listing?
  • Ask them the "market average" Days on Market.
  • Then ask them how they stack up personally.
  • Longer time frames could equate to "overpricing".
  • Shorter time frames could equate to "underpricing".
Photo by missycaulk

marketing strategies

  • What types "of marketing" are you going to implement to sell my home?
  • Must be more than a "for sale" sign in the front yard.
  • Must be more than placing home in the Multiple Listing Service.
  • Active approaches - networking groups, door knocking neighbors.
  • Mailers, open houses, buyer presentations, online ranking.

who's your daddy?

  • Are you going to represent me 100%?
  • Is there a chance you or your team may also represent a buyer?
  • This is called dual agency - when a realtor represents the seller and buyer
  • In most states, this is legal, in some it is not.
  • Make sure your Chosen Realtor is on your side 100%, with either scenario.

Other service providers?

  • Asking who makes the "cut" to be on their preferred vendor list.
  • A real estate transaction is made up of other parties than just your realtor
  • Does your agent make their recommendations because of Good Service?
  • Or is there something else or some other reason?
  • Ask them if they are going to be able to recommend and why "those vendors"!

team versus solo agent

  • Do you have a team?
  • Are these "team members" direct employees of you?
  • Are these "team members" direct employees of you?
  • Who am I going to be dealing with throughout the transaction?
  • Who are your Specific Team Members and their assigned duties?

"open ended question"

  • Ask, "What is your business philosophy?"
  • Then stand back and watch the magic.
  • Most agents will go on and on. 
  • Listen Carefully to their word choices.
  • It should be more about you than themselves.
Photo by liquidindian

communication

  • How often are you going to give me updates?
  • How are you going to give me the updates?
  • Email, text, phone call, twitter, facebook, google plus?
  • Who's going to update me, you, secretary, etc?
  • Tell the agent how you want to be updated, you're the BOSS!

References

  • Please give me names and phone numbers to three of your recent clients.
  • Call them up, ask them about if they'd work with the realtor again.
  • Verify some of the questions you asked about communication etc.
  • See if they are really the "bees knees".

Real Estate certifications

  • When I was with the LAPD, we had continuing education.
  • Becoming better at tactics and shooting were critical.
  • So was emergency driving in the police car and on the police motorcycle.
  • Real Estate has training that makes us all Better Realtors.
  • What types of "Secondary Training" have you had Mr./Mrs. Realtor?
Photo by onesevenone

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RE/MAX of Santa Clarita CA Team

The Paris911 Team

  • REMAX of Santa Clarita CA - Each office independently owned and operated
  • 25101 The Old Road, Santa Clarita CA, 91381 661-400-1720
  • "not your mothers realtors :) " CA BRE 01238457 Connor T. MacIvor
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