Wednesday, January 30, 2008

Questions To Ask A REALTOR

When you are ready to select a REALTOR, here are a few questions you can ask.

Make sure the REALTOR presents a "listing presentation" to you. This presentation should answer many of these questions. If you will need a buyer's agent, also make sure everything is explained up front.

- How long have you been a REALTOR? Full or part time?

- What professional organizations do you belong to?

- Do you have a valid Department of Real Estate License?

- What is your responsibility to me as your client?

- Do you represent both buyers and sellers at the same time? If so, Who's best interest are you looking out for?

- How will you keep me informed of new listings that I may be interested in?

- What does the listing agreement entail, what are the beginning and expiration dates, and what are the fee amounts I will be paying?

- Is there a charge or contract when working with buyers? (Some brokers/agents DO have contracts and fees)

- What is your marketing philosophy? Ask for their complete marketing plan A-Z.

- What can the Realtor's company do for you?

What is their company's share of the local market? Are they part of a large or world wide referral network?

- What types of things separate you from your competition and will you give me some feedback? - How effectively will they advertise? Do they have 24-hour advertising capability?

- What disclosure laws apply to me and what do I need to be aware of?

- How does the Realtor market to other Realtors?

- Are they a Realtor or a Real Estate agent? (There is a difference)

- Does the Realtor have a strong internet presence? If not, why? Will your home have enough exposure for all potential buyers to view? (85% of buyers go to the internet first)

Cecilia Sherrard is a top producing REALTOR with Realty One Real Living Cleveland Ohio. She has helped many buyers and sellers relocate and find their perfect home. You can find many useful tips and information on her site http://www.youshouldown.comAgata Blog69806
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