Real Estate Questions to Ask

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Whether you are putting your house on the market for sale or looking for house to buy as your future home, there are specific questions you need to ask your real estate agent. These questions are asked as a measure of security, so you know you are getting the best agent on the market for your needs. Real estate agents often work on a commission basis, so ensure that you are working with an agent that is passionate about your needs, rather than focused on your payments.

Agent Experience

  • Choose an agent that has an impressive listing or selling portfolio. This should not be in terms of the houses, but in terms of successful sales and satisfied clients. Interview several candidates before you choose the one you want to work with, so you know what each available real estate agent can provide you with. Ask to see his certifications, work record for selling or listing homes and any agreements that may exist between the real estate agent and you as a customer.

Knowledge of the Market

  • Many individuals who are looking to sell or buy a home may not know much about the real estate market. It is important that the real estate agent you choose has knowledge of the real estate market and knows when the best time to buy or sell is. It is important that your agent can make wise decisions on your part, when your knowledge is lacking in the field. You want the best amount possible for the home in question if you are selling, so ensure your agent has the best knowledge possible. Years of experience will often reflect this knowledge.

Commission Payments

  • Before you get involved with a real estate agent, you want to know you are financially prepared to buy or sell a home. Ask the real estate agent if you will be responsible for making commission payments to the real estate agent. According to the Good Real Estate Agents website, the agent does not charge the buyer any commission for browsing the market for an ideal home for the buyers. However, there may be differences between buying residential homes and buying commercial spaces, so ensure that you know exactly what your agent is charging for the services offered.

Offer Valuable Advice

  • According to the Good Real Estate Agents website, real estate agents will often advise buyers to avoid purchasing homes close to hydro-electrical wires, homes located on a corner or houses that have a built-in pool. Listen to what advice your real estate agent is offering, as this may help you determine what his motivation is to work with you. If he offers you advice on various aspects of buying or selling a home, he may be working to satisfy you as a client.

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  • Photo Credit small house, big house image by Nino Pavisic from Fotolia.com
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