Questions for the Real Estate Agent

The experience

Although experience is not always a guarantee of success, real estate agents are professionals who have acquired knowledge predominantly from the practical situations they have encountered over time.

Is real estate your full-time job, or is it something extra?

How long have you been a real estate agent?

How many exclusive offers do you have, both you and your company?

 

Recent sales

By asking questions about the real estate agent's experience you will find out a lot about him, but it is important to know a little about his recent activity to evaluate his knowledge about the real estate market.

How many sale-purchase contracts have you brokered both yourself and your company in the last year?

Are there any other agencies in the area that have had a similar number of contracts?

On average, how long does it take to sell a home?

Regarding the properties recently sold, how close was the sale price to the price originally requested by the owners?

 

How will we work together?

After discussing recent experience and activity it is important to see how the professional relationship between you and the real estate agent will evolve.

In a transaction will you represent me only?

How often do you represent the seller and the buyer in the same contract?

It is perfectly legal for an agent to represent both parties, but it is vital to understand what your agent's obligations are. Make sure the agent can explain not only how the agency works, but also the rights and obligations of all parties involved in the transaction. There are situations in which the client feels more secure knowing that he has hired an agent who only represents him.

Do you have a list of companies dealing with home repair and maintenance work? Your agent should be able to offer you more than a suggestion here.

How many properties did you sell with financing through real estate mortgage?

Can you recommend me one or more banks from which to borrow a real estate loan? What are the steps you need to take to get a loan?

What is the address (where is it located) of the Financial Administration of the sector to which they belong? An experienced real estate agent should know where the financial administrations are in the areas where they operate.

With which notaries do you collaborate?

How do we maintain the connection? Phone? E-mail?

How often will you contact me?

Can we establish a certain mode of contact that will benefit me?