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When selling your home, choosing the right property agent is crucial. In addition to helping you negotiate the best deal, they will support you through the challenging and stressful process of selling your house. In order to make a well-informed decision, here are some things you should ask your estate agent.
- What’s the fee?
Understanding the fee structure is very important. Most property agents are paid as a percentage of the selling price, although it may differ. Request a breakdown of the fees they will charge and any other additional fees that might be added.
- Is the fee paid on sale or upfront?
Confirm whether the fee is paid post-property sale or if there are some up-front expenses. This will help you manage your finances better and avoid unexpected expenses.
- Have They Sold Anything Similar Recently?
An agent’s skill can be evaluated based on their previous sales of properties that are similar to yours. Ask for recent sales samples and evaluate the prices received, the time it took to sell, and any challenges faced.
- How long have they been trading?
The number of years a property agent has been in operation could indicate their trustworthiness and consistency. Experienced agents typically have a greater understanding of the local market due to their established presence.
- Will the person you meet deal with the process or pass it on to colleagues?
Consistency plays a crucial role in the sales process. Make sure the individual you first encounter is responsible for the sale; otherwise, clearly define who will manage it and their level of skill and knowledge.
- Does the fee include everything, or is there another fee for photos, marketing, etc.?
Comprehensive marketing efforts are needed to attract potential buyers. Check if the fee includes professional photos, marketing, and advertising, or if these will incur extra costs.
- How big is their social media profile? Will your home be featured?
Having a robust social media presence can greatly increase your property’s exposure. Ask about their social media plan and if your house will be showcased on their channels to reach more people.
- Which portals are they on?
The more property portals an agent features on, the greater the opportunity for your home to be exposed to a larger audience of buyers. Ensure to advertise properties on well-known websites such as Rightmove, Zoopla, and similar platforms to increase visibility.
- Do they accompany all viewings?
It is often very useful to have an agent attend viewings so that they can point out features or answer questions as they come up. Enquire whether this service is available for every viewing.
- What type of buyer do they expect to purchase your home, and what will they do to attract them?
It is crucial to comprehend your agent’s market targeting strategy. Inquire about their perception of the perfect buyer for your home and the detailed strategy they will implement to attract such buyers.
Selecting the correct property agent requires thoughtful deliberation and posing appropriate enquiries. After the first encounter, refrain from immediately giving them instructions. Instead, hold off and wait to see if they reach out with a letter, email, or call in the next day or two. A failure to respond in good time might indicate inaction, which will likely affect your property’s sale outcome. By covering all the above-mentioned important factors, you will be assured of getting an agent with experience, knowledge, honesty, and commitment to getting the best price for your home.