Since the days of Aristotle, we have been aware of how important it is to ask the right questions in order to receive the answers that we need. This is just as true for real estate as it is for philosophy. The answer that most people need when selling or buying property is an answer to this important question: Who is the best real estate agent for me and my unique situation and can provide me with the best service? In order to answer this question with the right answer, you first need to ask several other important questions.
Questions for your Colorado real estate agent:
How long have you been a real estate agent?
The amount of time that a person has worked in a certain industry does not guarantee expertise or ability. However, it does help to narrow down your choices. So make sure to ask your Colorado real estate agent what type of experience he or she has. Industry professionals explain that although experience does not automatically guarantee success, it is true that the real estate business is based on commissions and it would be really hard for an agent to be able to survive in this industry over the long term if they provide poor service.
On average, how many clients do you have at one time?
The reason to ask this question to your Colorado real estate agent is not that you are actually interested in how many clients he or she has. Instead, what you are attempting to find out is whether or not the agent is going to have enough time to spend on your property and you to ensure they can do a good job. You definitely don’t want to get lost in the shuffle among their dozens of clients.
How just because an agent that you are considering works with many clients at the same time does not necessarily mean they are not a good choice. In this situation, take the additional step of asking the agent what he or she will do if you need to have extra guidance, support, or time. You may also want to ask if the agent has other members on their team who can help when necessary.
What is your buyer-to-seller ratio?
Agents will often mainly work with one side of the spectrum of clients – either mainly with buyers or with sellers. So depending on whether you are trying to buy or sell property can have a significant influence on how well you can be represented by an agent. It is always good to know if an agent has experience working with both sides. According to industry observers, if you are trying to sell your current home and also purchase a new one, it will be a much more seamless process if one agent can handle everything.
Do you have experience working in my local market?
One of the most important questions that you should ask a Colorado real estate agent is about her experience and knowledge of your local market, including your neighborhood’s market conditions. Every local market will have its own specific conditions and peculiarities so it is important for your agent to be knowledgeable about your local market. However, some broader market knowledge is also needed. Real estate professionals warn that a neighborhood expert might try too hard to get you into a property that doesn’t fit you well. You should look for an agent who works both in the local area you are interested in and also around it.
Communication – method and availability
It is critical for your agent and you to communicate on a frequent basis. Your partnership and business relationship cannot thrive without it. So make sure that you ask whether the market_city] real estate agent will be available and if she or he will communicate with you via your preferred method, whether that is by email, text, or phone. It is also important to find an agent who will take the time to have in-person meetings with you when they are needed. Your agent should basically be willing to meet your needs.
Will you be able to deal with my unique situation?
Every home buyer and seller is different. Some people are long-term investors, while others are first-time home buyers. There are also flippers and others are looking to sell probate or estate property. No matter which category you are a part of, you need to ensure that your agent can deal with your unique situation and specific needs, as well as have the proper experience, knowledge, and training along with an extensive professional network. Ask very specific questions regarding this ad do not allow the agent to brush you off by telling you: “Don’t worry. I have you covered.”
Do you have any questions that you would like to ask me?
An important and final question that your Colorado real estate agent should be asked is whether or not she or he has any questions they want to ask you. Keep in mind that you and your agent will be establishing a business relationship. In order for it to be successful, you must have shared goals, compatibility, and be a good fit. So questions should not just come from one side. You do not want to work with an agent who is desperate to work with any client they encounter. An agent should ask you specific questions to ensure they can provide you with the service you need.
Reduce Your Risk Even Further
The questions above are the basic ones that your Colorado real estate agent should be asked before you agree to work with them. They can go a very long way to helping to ensure that you choose the right agent for you. However, things do not always work out the way you plan. An effective way to increase your chances of finding a good agent is to get in touch with a network of first-rate agents. We can help you with that.