10 KEY QUESTIONS TO ASK REAL ESTATE AGENTS...

10 KEY QUESTIONS TO ASK REAL ESTATE AGENTS:

Selecting the best agent to list your home for sale and asking the right questions are key components to a successful sale for top dollar. By asking the right questions listed below you will maximize the probability of a successful sale.

1) HOW MUCH CAN YOU GET FOR MY ‪#HOME‬?
The best agents will prepare a written ‪#‎CMA‬ (Comparative Market Analysis) form to anticipate your question. If an agent doesn't leave their CMA with you to study, that agent doesn't trust you.

2) WHAT ARE THE NAMES, ADDRESSES, AND PHONE NUMBERS OF YOUR 5 MOST RECENT ‪#‎SELLERS‬:
The best agents will include this information in their Listing Presentation.Before signing a Listing with any agent, contact their recent #Sellers to ask, "Were you in any way unhappy with your agent and would you list your #home again with the same agent?
Listen to the answers closely, especially if the recent Seller hesitates or gives a vague answer.

3) HOW LONG HAVE YOU BEEN SELLING HOMES IN THIS AREA? ARE YOU A FULL-TIME ‪#‎AGENT‬? WHAT COURSES AND DESIGNATIONS HAVE YOU COMPLETED?
Just because an agent is a beginner, that's not necessarily bad. He or She will probably have more time to devote to ‪#‎selling‬ your #home than will an "old pro agent" who carries many listings.
However, be sure a new agent has adequate supervision from an experienced brokerage office manager.

4) WHAT IS YOUR MINIMUM LISTING TERM?
The correct answer is 90 days. Be wary if an agent insists on a six-month Listing, unless that Listing includes an unconditional cancellation clause after 90 days.

5) HOW MANY LISTINGS DO YOU HAVE KNOW? DO YOU HAVE AN OFFICE ASSISTANT? WHAT % OF YOUR LISTINGS SOLD IN THE LAST 12 MONTHS?
Watch out for a numbers agent! These are ‪#‎agents‬ who have dozens of Listings and one or two Office Assistants. They work on Percentages, knowing a certain percent of their Listings will sell, so they want as many Listings as possible. If you List your home for sale with a numbers agent, be sure it won't get neglected.

6) WHAT SALES COMMISSION RATE DO YOU CHARGE?
Most REALTORS® will tell you the "‪#‎standardcommission‬" is 6% (or 7%) but ‪#‎NAR‬ (The National Association of Realtors), in a recent study reports the average nationwide sales commission is 5.1%

7) WHAT IS YOUR ‪#‎MARKETINGPLAN‬ AND WHAT SERVICES DO YOU PROVIDE?
This question is closely related to the sales commission rate.The best "Full service" agents will prepare a written list of all their ‪#‎marketing‬ ‪#‎services‬.

8) OTHER THAN YOURSELF, WHO IS THE BEST REAL ESTATE AGENT IN THIS AREA?
The best agents will honestly answer you question.

9) IS MY HOME READY TO SELL OR DO YOU HAVE SUGGESTIONS TO BETTER PREPARE IT TO EARN TOP DOLLAR?
Some agents will want to avoid answering this key question until after you sign their Listing. But you need to know the answer before signing a Listing with an agent.

10) SHOULD MY HOME BE SOLD "AS-IS?"
Most states now require home Sellers to fill out a Disclosure statement listing any known residence defects that materially affect the ‪#‎marketvalue‬. This procedure avoids after-sale lawsuits if the ‪#‎Buyer‬ was informed of all defects.

These questions should serve as a guide to helping you choose the right Real estate agent. If I can be of assistance, please feel free to contact me at:
 https://www.facebook.com/StefenLibertiWestLARealtor