7 Must-Ask Questions When Interviewing a Realtor

Choosing the right realtor is critical when buying or selling a property. You want someone who understands your needs, knows the market, and is a strong negotiator. Here are 7 key questions to ask when interviewing a realtor:

What’s Your Experience and Track Record?

Experience matters. Ask how many years they’ve been in the industry and if they’ve worked with clients who have similar needs to yours. A seasoned realtor will have insights and strategies to handle various situations.

How Well Do You Know the Local Market?

A great realtor understands local trends, property values, and the nuances of the market. Ask how they stay updated on current market conditions and how they determine property values to ensure you’re making informed decisions.

What’s Your Communication Style?

Communication is key. Ask how the realtor prefers to communicate (email, phone, in-person) and how often you’ll receive updates. Make sure their style aligns with your preferences for a smooth process.

Do You Work Alone or with a Team?

Some realtors work solo, while others have a team. Ask whether they work independently or have a team to support you and what roles other team members will play. A team can offer additional resources but ensure you’re clear on who will handle your transaction.

What’s Your Marketing Strategy?

For sellers, marketing is crucial. Ask how they plan to market your property, including online platforms and social media. A strong marketing strategy ensures your property gets the visibility it deserves.

How Do You Handle Negotiations?

Negotiation skills are essential in real estate. Ask the realtor about their approach to negotiations and request examples of past successful deals. A good negotiator can help you secure the best terms.

What Are Your Fees and Commission Structure?

Be clear about the financials. Ask about their commission structure and any additional fees you should expect. Understanding the costs upfront will help you avoid surprises down the road.

Conclusion

By asking these 7 questions, you’ll have a clearer picture of the realtor’s experience, expertise, and compatibility with your needs. Choosing the right realtor can make all the difference in ensuring a smooth and successful transaction.