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5 Questions you Should Ask the Real Estate Agent

Buying and selling a home is a full-time job. There are many who don’t have this much time, that’s the reason people prefer to hire experts to get the job done. The best part about real estate agents is that they handle everything well for you and make sure you get the best deal.

Agents who work for sellers are known as listing agents. They advertise the home, give buyers a tour of the home, and even stand by your side during the negotiation process. On the other hand, the buyer’s agent will listen to your needs and requirements. They will find a preferable neighborhood and even give you guidance if needed.

Moving forward, everyone knows that a house is the biggest investment in anyone’s life. At that time there is no need to get under pressure or make a decision in a hurry. However, the first thing you need to do is find a perfect real estate agent and for that, you have to ask fewer questions.

Wondering what questions are needed to ask? Here is the list of them.

Can I See a Reference?

You have to take an interview with the agent. You need to know what positives and negatives they have in their career.

So, when you plan to hire an agent whether to buy a home or sell in maryam town Lahore, you should ask for a reference. As otherwise, you will never know how they are on a day-to-day basis. Call the references and ask how the real estate agent dealt with them.

Remember in the real estate market, every month’s recommendation is like gold. So, a positive review will surely save your time in the future. Now when talking to references just make sure the individual isn’t somehow related to the agent like family friends or relatives.

Can I have a Comparative Market Analysis for the Area?

When the agent is working in the market for a long time, they are able to give you CMA. CMA is an estimate of a home’s value based on recently sold, similar properties in the immediate area. Here agents were able to tell what homes are currently available for sale or sold out recently within the area.

The information given by the agent allows you to understand as a seller, whether your home is better than another sale that happened recently. Also, what price is the best to list a home?

Now as a buyer you get an idea of what homes are best to buy? Moreover, you get clarity on what is the best for you and what isn’t?

Is the Area Getting Better or Declining?

Real estate market trends never stay the same. The fresher will not be able to get an idea about it but the agent will keep you informed of everything. They know well what areas will turn into a bustling residential area within a few years and which neighborhood is about to end.

There are times when as a buyer you think the specific area isn’t the best to invest in. But the real estate agent is able to pick clues and tell what is going to happen in the future, like street maintenance or other activities.

Do you Work Alone or as a Part of a Team?

Nowadays, many agents work in a team. For example, an agent who has a staff behind or several agents working under one business name.

Now working in a team isn’t bad but has a few drawbacks. There is the possibility that you are unable to work with the same person all the way. On-call you may not be able to talk to the familiar agent. All this sometimes creates a mess. However, on the other hand, the team allows you to give you more attention and you enjoy personalized services.

Now if you prefer to work with the sole agent, make sure they aren’t occupied, as you never know when you need an agent by your side.

How are you Going to Market my Home?

Placing a sign in front of your home that is up for sale is a good idea. But it is something that you can do on your own. Remember, not every seller is going to drive by your home. So, the chance you miss potential buyers is high.

Here the agents come to the rescue as they have multiple resources to do marketing of your home. So, ask an agent during the interview what their marketing plans are?

In short, hiring a real estate agent is a great idea. All you have to do is find a perfect person for the job and for that you have to ask questions without hesitation.

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