Quick Real Estate Questions to Ask an Agent When Hiring Them
When buying or selling property, there are a few things that you need to know. If you are using an agent to help you buy or sell a house, there are a few questions that you need to ask them. The questions that you need to ask your agent are briefly highlighted below.
After the sale of the house it is important to know how much commission they will be expecting. The ideal figure when it comes to commissions is usually 5 to 8 percent of the property sale and you should be expecting to pay nothing between this range depending on your agent. While that is the standard figure, some agents do get a higher percentage depending on their track record and some negotiation may need to come in play.
Another good question you should ask your agent is how you should prepare your house for sale. There are renovations that can easily increase the value of your home and those that will not, make sure that you find out which renovations are ideal when getting your house ready for sale. The most important thing you however need to remember is that you need to declutter and depersonalize your home so that you can easily get it ready for sale as well as others that the agent will recommend.
It is good to know what the purchase process looks like and this is one of the most important questions that you should ask your agent. It is always good to know what to expect with the sale process when it comes to property so that you do not get overwhelmed by it. Purchase offers and execution of contracts are some of the processes that you need to be familiar with.
Should you be interested in house financing, ensure that you know the various types available in the market. Before you plan to sell or buy property, it is important to know the ideal loan facility for the property. With the help of the agent, it is easy to know the ideal one that will ensure that your payments are made expeditiously.
Knowing if the price of the house is negotiable is also another important question you need to ask the agent. Price of the property is more or less one of the most important considerations when it comes to selling or buying property. There are some properties that have fixed prices and it is hard to negotiate on the prices but there are some that can give you some leeway and you should ask your agent about such properties if you are looking to sell or buy property based on what is required by law.