A good and experienced real estate agent can make a significant difference to the sale price of your house and so it’s very important that you choose the person carefully. When you are interviewing any real estate agent, you should have a set of questions kept ready in advance so that you will be confident about the information you need. Here is a list of some questions to ask when interviewing a real estate agent:
For how many years have you been a real estate agent?
This is an industry in which experience matters. However, it is important to keep in mind that just because an agent has experience, doesn’t make him the best choice. You should be looking for an agent that has the experience to handle every aspect of the sale, but has the motivation and enthusiasm to secure a good buyer.
Which properties have you sold in the area recently?
Most agents specialise in specific types of properties. Ideally, you should look for a real estate agent that has sold a minimum of 5 properties that are similar to yours (within the last 1 year). These properties should be similar in type as well as price and in the same suburb your property is in. The agents generally keep a data base of the clients that they have missed out in other sales they have made. They might be able to suggest your property to these clients.
What’s the selling price you may be able to achieve?
It’s a common fact that a prospective agent will quote a sale price they think they would be able to get for your property. Once they tell you what that price is, you need to back that up with the next question- “What facts is that price based on?”. Ideally, they should be able to provide information about recent sales in the area, of properties similar to yours; this could be of sales that they have made as well as sales from other agencies. They should also be able support the sale price they have quoted with evidence.
What’s the amount I’d have to spend on advertising?
Different types of advertising techniques are used in real estate sales. The conventional forms are via signboards and window displays, brochures and newspapers etc .Digital marketing is something you cant do without either and this makes use of techniques such as email marketing, third party and agency website listings and more. In most instances, the latter are sufficient. It’s a good idea to check what the other properties in your area are doing.
In addition to these questions, ask those questions about the amount of time it would take them to sell your property and how they field questions from potential buyers. Check whether their fees are negotiable and if they can provide references of past clients.
If you are looking to buy or sell real estate, contact Stefon Bertram, the most reliable and reputed real estate agent in Sydney, at this number- 0404 071 51.