Questions to Ask When Choosing a Realtor in Chattanooga
- How long have you been in residential real estate sales? Is it your full-time job? (While experience is no guarantee of skill, real estate, like many other professions, is mostly learned on the job.)
- What designations do you hold? (Designations such as GRI and CRS, which require that real estate professionals take additional, specialized real estate training, are held by only one quarter of real estate practitioners.)
- How many days did it take you to sell the average home? How did that compare to the overall market?
- How close to the initial asking prices of the homes you sold were the final sale prices?
- What types of specific marketing systems and approaches will you use to sell my home? (Look for someone who has aggressive, innovative approaches, not just someone who is going to put a sign in the yard and hope for the best.)
- Will you represent me exclusively, or will you become a facilitator in the transaction? (While it’s normal for a practitioner to become a facilitator, it’s important to understand where the practitioner’s obligations lie. A good practitioner will explain the agency relationship to you and describe the rights of each party. It’s also possible to insist that the practitioner represent you exclusively.)
- Can you recommend service providers who can assist me in obtaining a mortgage, making repairs on my home, and other things I need done? (Keep in mind here that real estate professionals should generally recommend more than one provider and should tell you if they receive any compensation from the provider.)
- What type of support and supervision does your brokerage firm provide to you? (Having resources, such as in-house support staff, access to a real estate attorney, or assistance with technology, can help a real estate professional sell your home.)
- What’s your business philosophy? (While there is no right answer to this question, the response will help you assess what’s important to the real estate professional- fast sales, service, etc.- and determine how closely the practitioner’s goals and business emphasis mesh with your own).
- How will you keep me informed about the progress of my transaction? How frequently? Using what media? (Again, this is not a question with a right answer, but one that reflects your desires. Do you want updates twice a week or don’t want to be bothered unless there is a hot prospect? Do you prefer phone, email or a personal visit?)
- Could you please give me the names and phone numbers of your three most recent clients?
Call Nathan Walldorf to sell your home. He’ll give you the best service in town and great results.
Reprinted from REALTOR Magazine Online by the National Association of Realtors.