How to Find a Real Estate Agent in The Northwest Valley: Ask the Right Questions
There are over two million real estate agents in this country. That’s a lot to choose from. Even local markets have an abundance of agents. How to find a real estate agent in the Northwest Valley – the right agent for you, that is – probably seems like a daunting task. But if you know the right questions to ask, your odds of finding the best real estate agent will be a lot better.
1. How Many Clients Do You Have, and What is the Buyer-to-Seller Ratio?
When you need to learn how to find a real estate agent in the Northwest Valley, a good place to start is to see if the agent has the time and resources so they can do a good job for you. You’ll want to make sure the agent isn’t working with so many other clients that your needs get neglected.
Is the agent a sole proprietor or are they part of a large team? If you do find out they have a large number of clients, ask them how they plan to give you the attention you deserve. You might also want to ask if they help both buyers and sellers or if they only serve one type of client. If you need to sell and buy, you’ll want an agent that can help you with both sides for a smoother transaction.
2. What is Your Average Ratio of List Price to Sales Price?
This can vary from market to market and does rely on the market to some extent, however, it’s still a really good way to determine a prospective agent’s knowledge and ability. A good rule of thumb is that a listing agent’s ratio should be near 100% and a buyer’s agent should be below 99%. Notwithstanding the occasional crazy hot market can affect these.
3. Can You Handle My Unique Situation, and What Would Your Marketing Strategy Be?
Every real estate transaction is unique and presents its own set of challenges. Property type, people involved, expectations, even location all come into play and you’ll want an agent with experience handling transactions like yours.
For seller’s, make sure the agent you hire has a good marketing plan in writing. Ask them how they will keep you informed during the process and ask for samples of their marketing materials if they don’t offer them. Some agents rely on the sign in the yard and putting it on the MLS.
Here are some questions you may want to ask to help you find a real estate agent in the Northwest Valley
- What – exactly – will you do to sell my home?
- On which online- and traditional-advertising venues do you advertise?
- Do you use social media marketing?
- Would a direct-mail campaign work for selling my home?
- Do you provide photography services, and if so, how do you use the photos in your marketing efforts?
4. Will You Help Me Find Other Professionals/Recommended Vendors?
There are many other professionals that are an integral part of the buying or selling process. Your agent should be able to connect with other professionals so that you can have a smooth transaction.
You will, for example, also have to deal with home inspectors, mortgage brokers, title companies, and (sometimes) contractors. A good agent will have the resources to refer you to experienced, qualified professionals. And keep in mind that according to the Real Estate Settlement Procedures Act, you have the right to choose whomever you want to work with at every stage.
You have to the right to choose who you work with every step of the way. These questions should help better understand how to find a real estate agent in the [market city]. Just ask the right questions, and you’ll be well on your way to having the agent you want and need.
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