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6 question you should ask ..long before you ask what price can your sell my home for.. when hiring a Real Estate Agent

What to ask when hiring a Real Estate Agent

As the spring home selling Market warms you may be thinking of selling your homes. Here are 6 question you should ask ..long before you talk about price and fees.

#1  Can you give me a print out of your average days on market for your listings over the past six months? This speaks directly to the sort of guidance your agent gives sellers when listing their homes. If their properties have a high number of Days on Market (DOM) relative to the average in your area, you may have a real estate agent that will tell you what you want to hear as opposed to what you need to hear in order to make a sound business decision. Note current days on market in Gwinnett county of al home sales is 73. With most well priced average condition homes receiving multiple offers in the first 14 days.

 #2  How long have you been licensed as an agent? Check that the real estate agent currently has a license in good standing and ask him about his professional experience. Look for a real estate agent who has been in the business for at least five years. Ask him about his work schedule and how he wants to be contacted. Ideally, your agent is a full-time Realtor who is easily accessible by email, cell phone, and in person.

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# 3. What is Your Average List-Price-to-Sales-Price Ratio? Knowing the agent's average ratio speaks volumes. Excluding sizzling seller's markets, a good buyer's agent should be able to negotiate a sales price that is lower than list price for buyers. A competent listing agent should hold a track record for negotiating sales prices that are very close to list prices. Therefore, listing agents should have higher ratios closer to 100%. On average no more than 3% variance in this area is expected .

#4 : Can I have a CMA for the area? Every real estate agent should be able to give you a comparative market analysis (CMA), which is a listing of homes currently for sale and recently sold in the area. The CMA (known informally as the "comps") will compare the details of your home with similar homes on the market, and includes specifics like price, square footage and number of bedrooms. This is your starting point for knowing how your home measures up to others that are selling in the neighborhood and, most importantly, at what price you should list your house. An experienced real estate agent will make this part of the process a priority.

Find out what's happening in Lawrencevillewith free, real-time updates from Patch.

 # 5. What is your market share in this area? Agents who do high volume have lots of signs in the community and usually generate a large number of calls from those signs. Selecting a company with a large market share in your area is important. First, these companies have large numbers of agents who are actively moving property all the time. Second, brokers will usually show listings within their own office due to familiarity as well as ease of scheduling. Third, a company with large market share typically has more programs and better sales support for their clients.

 #6. Would you mind giving me the names, addresses, and telephone numbers of the last three (four) Sellers you have represented? Call and ask the past clients the following questions: (a) Was the agent accessible to you when you felt you needed their attention? (b) Was the final selling price of your home close to the original price the agent suggested that you list at (this question probes whether the agent was realistic in presenting the facts about the market). (c) Did the agent live up to their marketing pledge and did they follow their ninety-day marketing plan? (d) Did you feel that this agent was a strong negotiator? (e) Did your agent listen to your concerns and do their best to address them? (f) Would you recommend this person to your friends?

 Remember you are interviewing this person for the job of selling your home, the largest investment made by most of us, you want the best you deserve the best. 

To receive a free comparative market analysis of your home,

Go to http://www.georgiaonlinehomes.com - Your Home's Value

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