When it comes to finding the perfect home or selling a piece of property, things tend to go one of two ways: seamlessly smooth or unnecessarily rough. Needless to say, the outcome of any real estate experience depends heavily on your agent.
Whether it’s long-term or short-term, the relationship formed between both parties is important. It has the power to turn the process of buying or selling property into a complete joy or a total pain.
With this in mind, choosing the right agent can seem rather daunting. But we assure you, it’s perfectly natural to have concerns.
That said, today, we’ll be looking at 5 game-changing questions to ask prospective real estate agents before hiring them.
These are questions that sometimes get overlooked due to overexcitement, inexperience, or an inability to identify red flags.
So, if you’re new to the world of real estate or even if you consider yourself a seasoned veteran, pay attention. You may just learn something that’ll save you a lot of time, energy, and money.
Without further ado, it’s time for some real talk.
#1. How Long Have You Been a Real Estate Agent?
Now, this question may seem like a no-brainer, but you’d be surprised by how many people bypass it. It’s important to find out how much knowledge and experience an agent has under his or her belt.
Agents who’ve been in the game for several years are better equipped to prevent problems before they arise. As well as handle them accordingly when they do.
Additionally, their proven negotiations skills paired with their reputation among other real estate professionals will help put you at ease.
Take our very own Ryan Knowles for instance. Ryan has been conducting real estate in The Bahamas for 13 years. During his tenure, he has built an incredible name for himself and continues to prove why he is so respected among his real estate peers.
#2. Are You a Full-time or Part-time Agent?
This is another example of a question that seems like a no-brainer. But, as we’ve explained before, this doesn’t mean it isn’t criminally unasked.
This question’s importance is simple. You need to know upfront who’s more dedicated to the profession. In most cases, if someone is a full-time agent, he or she is going to devote more time and effort working to satisfy your goals.
In contrast, there’s the part-time agent, whose availability and willingness to go the extra mile is limited. The reasoning for being limited simply stems from the fact that real estate is only a portion of what they do.
Hence, it’s preferred to get an agent who’s full-time.
#3. Do You Work with both Buyers & Sellers?
There are many real estate agents who typically specialize in only one field. They pride themselves on working as a buyer specialist or a seller specialist. Which is undoubtedly commendable.
However, there are also agents who conduct work from both ends of the spectrum. These kind of agents are the dark horses of the industry.
In other words, they’re the ones you want. They possess extremely useful insight and experience from both sides of the process. All of which can be made readily available to satisfy your goal as the client.
With a firm understanding of this, our team members at The Ryan Knowles Team extend our services to both buyers and sellers of real estate.
#4. Do You Have References I Can Call?
If you find yourself with a prospective realtor who hesitates to give you references, be concerned. References from past and current clients are signs of credibility, which foster trust.
You should ask this question as if you’re hiring a new employee. It would only make sense to call up their references and get the scoop on their work ethic, attitude, skillset, and so on.
With this type of insight ahead of time, the decision to hire or not becomes much easier.
#5. Will I be Working with You Individually, or with a Real Estate Team?
This is a major one. Before you even think about entering an agent-buyer or agent-seller relationship, you need to be aware of all parties that will be involved throughout the process.
Likewise, there needs to be a clear chain of command with regards to the communication of goals. If you’re working with a realtor who has a team, some of your goals may fall on a particular support staff who’s specialties are fit to carry them out.
What is crucial here is developing a clear understanding of how the realtor works in relation to his or her team. (Their role, what they handle personally, what is delegated, etc.)
Once you’ve established this protocol, there rest should come naturally.
The Final Say
Navigating the world of real estate can be nerve-racking for beginners, and humbling at times for veterans. But by asking the right questions beforehand, you significantly heighten your chances of finding the perfect agent for you.
This concludes today’s Real Talk session. If you enjoyed it, feel free to share and connect with us on social media using the links down below.
Subscribe to our newsletter for our monthly RK Report and get notified via email every time we publish a new post.
Thank you all for reading and we’ll see you soon for more Real Talk!