Right Answers to Your Agent Interview QuestionsIt's not enough to know which questions to ask your agent. The answers to those questions are how you will figure out which agent to hire. Below are the best answers to each question. 1. How Long Have You Been in the Business? While I am not suggesting that you hire some aging geezer with a cane, experience does count. It can mean the difference between knowing how to handle a difficult situation to ignoring it or not recognizing the signs of a potential problem before it develops into a crisis. Minimum of five years' experience. 2. Best Marketing Plan / Strategy As a seeker, you should expect to see 5 to 7 properties a day, for as long as it takes to find your property. All the properties should fit your parameters, and the agent should preview those properties for you. The agent should also agree to solely represent you and not represent other seekers who are competing for the same inventory. As a owner, you would like your agent to advertise weekly for you, advertise on exclusive property web sites like ( www.easytolet.in is exclusively for rental properties), to take digital photo graphs of your property, do direct mail, send e-flyers, and present you with a marketing campaign designed specifically for you. 3. References You might find references on an agent's Web site, but you should also ask to see letters of reference. Clients often send thank you notes or letters to the agents. Check a minimum of three references. 4. Top Things That Make the Agent Different Examples can range from marketing to knowledge. Acceptable answers are:
5. Agent Fees All fees are negotiable. If you are a seeker, ask the agent if the fee stated in the seeker’s broker agreement will be adjusted if the offered owner's compensation is lower. If you are a owner, ask about discounted fees. Sometimes agents will match fees offered by other agents. 6. Personal Guarantee If the agent will not release you from a listing agreement prior to its expiration upon request, then you should hire another agent. Ask about it before you sign a listing agreement. Ditto with a seeker's broker agreement. Some agents will release you; others will not. 7. Other Questions You might ask the agent to reiterate your goals and objectives. If the agent does not appear to have a thorough understanding of what you want, despite your attempts to explain what you want, then hire somebody else. Some agents do not listen very well. You want an agent who will listen to you and communicate with you. The best way to find out if the agent comprehends your desires is to ask the agent to repeat it back to you. |