What Should You Ask Your Plano TX Realtor
Smart consumers will interview two or three potential Plano TX Realtors before deciding on which one to retain. Just as you will size up the potential Realtor you can rest assured that the Realtor will likely be sizing you up too. Stay away from agents who don't ask you questions about your motivation to sell your home. You don’t want to work with just any Realtor off the street, and good agents are just as selective about their clients as well. Ask potential Realtors these qualifying questions. How Long Have You Been in the Real Estate Business?
Their answer much depends on whether they have access to competent brokers who can handle anything that may come up that requires experience that that Realtor may not have. Newer agents tend to have more time to concentrate on your transaction. What is Your Average List to Sale Price Ratio?
Knowing the agent's average ratio speaks volumes about their ability to perform. A good buyer's agent should be able to negotiate a sales price that is lower than list price for their clients. An experienced listing agent should do well for negotiating sales prices that are very close to the list prices. Listing agents should have higher ratios about 80% or higher. What is Your Best Marketing Plan or Selling Strategy?
As a Plano home buyer, you will need to know: · How will you search for my new home? · How many homes will I likely see before I find a home I want to buy? · Will I be competing against other buyers? · How do we handle a multiple offer situation? As a seller, you will need to know: · Specifically, how will you sell my home? · How do you market your listings online?· How high does your company’s web site rank on the major search engines?Will You Be Providing References?· Ask if any of the individuals providing references are related to the agent. · Ask if you can call the references with additional questions. What Are the Top Three Things That Separate You From The Competition?
A good agent won't hesitate to answer this question and will be ready to tell you why they are best suited for your listing. Most consumers say they are looking for Realtors who are: · Assertive· Honest and trustworthy · Excellent negotiators · Available by phone or e-mail · Good communicators · Friendly · Able to maintain a good sense of humor under trying circumstancesMay I Review Documents in Advance That I Will Be Required to Sign?
A sign that a Realtor is a professional is a Realtor who makes all the forms available to you for preview before you are required to sign them.
How Will You Help Me Find Other Professional Vendors?
Let the Realtor tell you what professional vendors they work with and why they choose these particular professionals. Your Realtor should be able to supply you with a list of such vendors such as lenders, home inspectors and title companies. How Much Is The Commission?
All real estate commissions are negotiable. Keep in mind though that some Plano real estate broker firms set a minimum amount that their agents must charge Typically, most Realtors charge a percentage, from 3% to 4% to represent one side of a transaction, a buyer or seller. A listing agent may charge, as an example, 3.5% for themselves and another 3.5% for the buyer's agent, for a total of 7% commission. Do They Offer a Guarantee?
If you sign a listing or a buyers agency agreement with the Realtor and later find that you are unhappy with their performance, will the Realtor let you out of the agreement? Will the Realtor stand behind their service to you? Ask all of the Plano Realtors you interview these questions so you can find the one that is the best fit for you. Of course these questions not only apply to buyers and sellers in Plano Texas, these same questions would apply to the near buy market including the hot Dallas foreclosure market. It is your home and your money on the line make sure you chose the best Realtor you can find to represent you.
Their answer much depends on whether they have access to competent brokers who can handle anything that may come up that requires experience that that Realtor may not have. Newer agents tend to have more time to concentrate on your transaction. What is Your Average List to Sale Price Ratio?
Knowing the agent's average ratio speaks volumes about their ability to perform. A good buyer's agent should be able to negotiate a sales price that is lower than list price for their clients. An experienced listing agent should do well for negotiating sales prices that are very close to the list prices. Listing agents should have higher ratios about 80% or higher. What is Your Best Marketing Plan or Selling Strategy?
As a Plano home buyer, you will need to know: · How will you search for my new home? · How many homes will I likely see before I find a home I want to buy? · Will I be competing against other buyers? · How do we handle a multiple offer situation? As a seller, you will need to know: · Specifically, how will you sell my home? · How do you market your listings online?· How high does your company’s web site rank on the major search engines?Will You Be Providing References?· Ask if any of the individuals providing references are related to the agent. · Ask if you can call the references with additional questions. What Are the Top Three Things That Separate You From The Competition?
A good agent won't hesitate to answer this question and will be ready to tell you why they are best suited for your listing. Most consumers say they are looking for Realtors who are: · Assertive· Honest and trustworthy · Excellent negotiators · Available by phone or e-mail · Good communicators · Friendly · Able to maintain a good sense of humor under trying circumstancesMay I Review Documents in Advance That I Will Be Required to Sign?
A sign that a Realtor is a professional is a Realtor who makes all the forms available to you for preview before you are required to sign them.
How Will You Help Me Find Other Professional Vendors?
Let the Realtor tell you what professional vendors they work with and why they choose these particular professionals. Your Realtor should be able to supply you with a list of such vendors such as lenders, home inspectors and title companies. How Much Is The Commission?
All real estate commissions are negotiable. Keep in mind though that some Plano real estate broker firms set a minimum amount that their agents must charge Typically, most Realtors charge a percentage, from 3% to 4% to represent one side of a transaction, a buyer or seller. A listing agent may charge, as an example, 3.5% for themselves and another 3.5% for the buyer's agent, for a total of 7% commission. Do They Offer a Guarantee?
If you sign a listing or a buyers agency agreement with the Realtor and later find that you are unhappy with their performance, will the Realtor let you out of the agreement? Will the Realtor stand behind their service to you? Ask all of the Plano Realtors you interview these questions so you can find the one that is the best fit for you. Of course these questions not only apply to buyers and sellers in Plano Texas, these same questions would apply to the near buy market including the hot Dallas foreclosure market. It is your home and your money on the line make sure you chose the best Realtor you can find to represent you.
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