Complicated and difficult. That’s how some Edmontonians describe the experience of selling their home.
Well, it shouldn’t be that way. It should be quite the opposite; it should fun and easy! One of the main reasons these unpleasant things occur is because homeowners work with the wrong real estate agents. Having a Realtor license doesn’t guarantee the best of service.
In today’s article, we tackle the 4 things do when selecting an Edmonton real estate agent. We made it simple and concise in order for you to digest the information easily.
- QUESTIONING AND EVALUATION: One of the first things you have to do to find the real estate agent that you need is to do an “interview”. The questions you ask will help evaluate the agent’s competency.
Don’t just hire a Realtor outright because he or she was recommended by your friend or family. That’s a bad practice. Consider asking the following questions:
a) Do you work as part-time or full-time?
b) What procedures to you use to figure out the value of the property?
c) What systems of communication do you utilize with your sellers?
d) What’s your LIST-PRICE TO SALE-PRICE RATIO?
It is critical that you ask these core questions as these will separate the good from the bad. You may add some more to your heart’s satisfaction.
- REFERRALS: It is advisable to homeowners to ask their potential agents for contacts of past clients. It is understood that contact information of past clients should remain confidential but a reliable agent should have many past clients that would be happy to talk with you and share their experiences.
- HISTORY: After you have talked to the past clients, you will now have to check his history in terms of successful sales.
Although the number of homes sold by a particular real estate agent do not assure future success, it will give you a better way to gauge his experience. For example, if an agent have sold 60 homes in the neighborhood of Walker last year, it’s safe to say the this particular agent knows the market inside out and has the pre-requisite experience to successfully sell your home.
Look for these particular variables when you’re reviewing the sales history:
a) Number of homes sold on your neighborhood
b) Total number of properties sold last year
c) % of repeat and referral business
These information will yield crucial information for you to determine if he has a solid sales history.
- STRATEGY: Lastly, ask for his strategy in selling your home. The marketing strategy that would go into your home will determine the success rate of this venture. It is at your best interest to know the exact details of his plan.
Different agents have different styles of selling. It’s basic to place a “For Sale” sign in your yard and advertise on the local Edmonton Multiple Listing Service (MLS).
What you need to know is their ranking on the Search Engines like Google, Yahoo and Bing and what social media channels he or she plans to use.
Don’t be fooled by agents offering low commissions. These agents usually provide poor service and most probably would just waste your time. Remember, if you pay peanuts, you will get monkeys.
Finding the right Edmonton real estate agent will make or break your selling venture and the 4 things that we discussed above will help you streamline the search process. Good luck!
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