Are you thinking about hiring a real estate agent but don’t know where to start? Many homebuyers and sellers decided it was the right choice for them. Roughly 88% of buyers purchased their home through a real estate agent or broker, according to research presented in the National Association of REALTORS® Profile of Home Buyers and Sellers.
Approximately 89% of sellers used the services of a real estate agent when selling their home. If you’re thinking of using a real estate agent, make sure you ask the right questions. Being in the dark about the process could complicate the process and lead to big headaches down the road. Here are 16 questions buyers and sellers should ask when choosing a realtor.
1. Buyers and sellers: What is your experience?
Before choosing a real estate agent, check to see that he or she has an adequate amount of experience. Purchasing or selling a home involves a significant sum of cash, so you’ll want to make sure you’re in capable hands. Also check the agent’s credentials to make sure he or she is properly licensed. You can look up an agent’s license number by conducting a search with the Association of Real Estate License Law Officials (ARELLO). Once you have the license number, conduct an internet search for your state’s real estate licensing division (for example, if you live in California, you would type “California real estate licensing division”). You can then verify the license by entering the license number.
Next: Don’t be afraid to talk about money.