This is a time period where dealing with property related matter must never be done on your own. That is due to the complexity of the laws and regulations and the chances for you to end up in an unbeneficial deal. Having a proper property agent is a blessing; regardless you were going to buy or sell property.
Here are 5 questions to ask them before hiring.
- “How long have you been in the field?”
Experience extremely matters when it comes to this line of work. Capabilities like ability to spot opportunities, knowing when to draw back, and amazing negotiation abilities cannot be achieved by writing exams. On the top of that, the experienced know what works and what doesn’t. Along with, you need to question on the approach they propose since you will be able to judge their level of experience by that, easily.
- “Do you represent a company?”
If the selected professional represents a reputed company in the country, it is a big green light. When you hire from a company there will be a higher level or a group of people who are responsible for what the agent does. That is a reliable guarantee of a quality service.
- “What is your current seller and buyer clientele as a percentage?”
The more the clients are the better. That is another reason why hiring from a well-known company is a great way to be sure of the services. Having more and more customer depicts the efficiency and the good results of the company. But then again, you could question about the specifics just to double check on their claims.
- “What are the services that you will be providing?”
There are many ways how a real estate agent can be useful. For an instance, you can use their network of people to find all the professional who will be required for the forthcoming stages. But you need to make sure that they take care of the documents area. If you are to sell something you need to check on seller disclosures, listing agreements and agency disclosures. If you are to buy something make sure that they provide you documents such as the purchase agreement and broker’s agreement.
- “What is the payment structure?”
You need to realize beforehand that the charges of real estate services are negotiable. Typically, they will charge you of a 1%-5% of the deal but that fluctuates from company to company. But in the end of the day, it is better to question them about it before hiring.