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Eleven Questions to Ask in an Agent Interview


Questions Sellers Should Ask in Agent Interviews:

1. Is your license in good standing?

You can check an agent's certification yourself with your state's department of real estate. Avoid working with an agent whose license is not in good standing.

2. How many years of education and experience do you have?

Experience and continuing education typically make for better agents.

3. 3. How many homes have you sold in my neighborhood?

An agent who specializes in the area in which you are selling your home is preferable. This agent will be the most familiar with recent sales activity and will be able to recommend a good market price for your home.

4. At what price do you think my home can sell given the current market?

This will allow the agent to display his knowledge of your market.

5. How many other sellers are you representing now?

The busiest agents often are the most efficient.

6. Will you handle all aspects of my transaction or will you delegate some tasks to a sales associate or administrative assistant?

A knowledgeable assistant can be invaluable, but make sure that you can connect with your agent when you need to.

7. How much can I expect to pay?

Commissions are negotiable depending on what kind of listing arrangement you have with your agent.

8. Can you give me a Comparative Market Analysis (CMA) of recent sales in the area and homes currently on the market?

This should contain listing and sales prices for recently sold homes as well as sales prices and the listing date of homes currently for sale. It also should include detailed property descriptions (such as square footage and numbers of bedrooms and baths).

9. What does your marketing package contain in addition to a Comparative Market Analysis?

Listing presentations should also include a suggested asking price for your home, information on the local housing market, advertising plans, a discussion of various listing agreements, and an analysis of sale proceeds at various price points and commission levels.

10. Can I list my house with you for 60 to 90 days?

Most consumer experts agree that a three-month listing period, or less, is best. You can always renew the listing agreement at that time.

11. Where will you advertise my home for sale to attract buyers?

Most agents will provide you with a list of newspaper outlets and Internet web sites where they will pay to advertise your home in order to sell it within your timeframe.

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MORE RESOURCES:

Area's leading real estate brokerages toured properties at Quail West
Naples Daily News
A group of agents from Southwest Florida's leading real estate brokerages toured new model residences and resale properties at Quail West, a 1180-acre master-planned golf course community in North Naples. Organized by Realtors who specialize in serving ...

and more »


This week's real estate transactions
Charleston Post Courier
Suelda LLC sold Unit 3G, 106 West Arctic Ave., Pavillion Watch HPR to Lynn W. Hodge for $435000. Ellie Alpert sold Unit 321, 201 West Arctic Ave., Charleston Oceanfront Villas to James G. Goodwin Jr. and Carol A. Goodwin for $659000.

and more »


Alameda Real Estate Investor to Plead Guilty in Foreclosure Auction Fraud
Patch.com
Dominic Leung of Alameda conspired with others to manipulate real estate foreclosure auctions, the Department of Justice said. By Patrick Creaven An Alameda man and two others have agreed to plead guilty to conspiracies to rig bids and commit mail ...

and more »


Upcoming real estate events
Detroit Free Press
Real estate and investment professionals are welcome. Seating is limited, so call 248-547-3006, or sign up at www.metro-mi.com . These free one-hour seminars will be 6-7 pm on the first and third Thursdays of the month at Metro Mortgage Investments, ...



Real-Estate Crash Aids the Green Movement
Wall Street Journal
By LAURA KUSISTO The real-estate crash left pockets of the region's rural areas littered with the remnants of would-be golf courses, shopping centers and luxury subdivisions that never got off the ground. But the market swoon has yielded an unexpected ...

and more »


IRA

Today's Real Estate Reality: How We Got Here
IRA
Jim Ingersoll is a successful real estate entrepreneur, author of Investing Now and soon to be released “Cash Flow Now.” Jim resides in Richmond, VA and he enjoys speaking at events and coaching others to achieve their financial freedom.

and more »


USA TODAY

Bernanke Wants to Lend to Real Estate Investors
TheStreet.com
By Shanthi Bharatwaj 02/10/12 - 02:59 PM EST NEW YORK (TheStreet) -- Federal Reserve Chairman Ben Bernanke said Friday that making loans more easily available to real estate investors for bulk purchases of homes would be an important step in resolving ...
Tight Credit Conditions Impeding Housing and Economy RecoveryLoanSafe
Bernanke's speech to home buildersReuters

all 452 news articles »


A Real Estate Deal That Spans The Earth
NPR
The real estate market was booming. Bullis was visiting a friend in Carmel Valley on California's Central Coast, where homes can still sell for millions. "I was like, I'd like to retire out here. What's available? What's a nice piece of property?

and more »


RE/MAX Retained No. 2 Ranking For Residential Listings Sold In City Of Chicago ...
Daily Markets (press release)
RE/MAX Northern Illinois agents sold the second largest number of residential real estate listing units in the City of Chicago during 2011. Due to their efforts, RE/MAX held on to its runner-up position to the market leader, with an 8.3 percent share ...

and more »


Southwest Florida real estate briefs
Naples Daily News
To submit personnel announcements, development news or other real estate-related items, e-mail Gloria Kingsbury at realestate@naplesnews.com. Professional organizer and Naples Daily News' "Get Organized" columnist Marla Ottenstein will teach a class ...


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