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How To Ask
The Right Questions Before You List Again!
Interview With Confidence....Make A Choice That Will Help
You Sell Your Home Faster And....For More Money!
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Your listing
has expired and now you're wondering what to do. The most important
question you must ask is, "Where did I go wrong?". The
answer is not usually within you, but with the agent you entrusted.
Be prepared with the right information so you can interview your
prospective agent with confidence and assure you make the right
choice this time.
With hundreds
or even thousands of dollars at stake and weeks of time invested,
don't risk making the same mistake twice. Make sure your next
agent is eminently qualified to sell your home. Don't risk this
decision out of obligation to a friend, family member or acquaintance.
Your listing has expired and it's easy to develop the identity
of having a problem property in the market place. Therefore, it's
vital important to choose the right agent this time around.
Typically,
most people will ask business associates, family or friends to
recommend someone they've had good luck with... someone they can
trust. Other sellers will watch neighborhood real estate signs
to see who is listing many of the homes. Still others rely upon
the reputation of the major national franchise companies. Then,
of course, there's always the yellow pages. All of these methods
could prove to be disastrous!
Trust Your Instincts First!
When selecting
an agent, he or she should be someone you feel good about, someone
you're willing to trust with one of the largest financial transactions
you may ever make. This report is designed to empower you with
the information necessary to make the right decision before you
arrive at the place where you're ready to sign on the dotted line
again. Don't allow the prospective agent to dictate your time
table. If an agent is impatient you should immediately consider
them suspect. Be careful.
Do Your Homework!
Ask For
References From Past Sellers - Before you sign another listing
agreement, check out references from past sellers. Flattering
letters praising the agent's work in a presentation book are a
great start, but dig deeper. Ask for telephone numbers and names
of the past three sellers and names of at least two current listings.
Know The
Companies Reputation - Ask your business associates, family
and friends about the company or agent and listen carefully for
the very first thing they say. A company has a reputation in the
community. Listen closely for it!
Call The
Real Estate Commission - Call and ask about consumer complaints.
Be sure and take note of the number and nature but don't base
your entire decision on this information. In a slow or declining
market, agents will get more complaints because the sellers are
frustrated that their home isn't moving and they want someone
to blame when it's simply poor market conditions. Therefore, always
allow your prospective agent to explain any complaints and if
their response seems reasonable, take that into consideration.
One other note: if an agent does a large number of transactions
per year, they will naturally be exposed to the potential for
more of these kinds of comments. If an agent isn't doing anything,
they obviously won't generate a complaint.
Call The
Better Business Bureau - See if the agent has had any bad
dealings with his or her customers.
Ask For
A Record Of The Agent's Marketing Innovations - How are they
dealing with the current market conditions? Is there a plan to
beef up their advertising and marketing efforts to benefit the
seller? Residential real estate has a long history of economic
cycles. The market is either hot, improving, static or declining
and with each cycle there has to be a plan to cope with the current
market conditions.
Don't Stop Asking!
Ask for a
comparison chart of last year's sales to this year's sales. How
is the agent and company doing? Ask for a history of the agent;
how many companies have they been with and why did they change?
If the reason is always money there may be something wrong! Be
careful because if your agent changes, companies your listing
belongs to the broker and you may get a new inexperienced agent
as your replacement... this could be very costly!
Final Questions
Ask For
A Detailed Marketing Plan - Request a step-by-step plan of
the first four weeks, eight weeks and twelve weeks your home will
be on the market. Make sure your agent is utilizing the latest
innovative technologies for generating sales leads. There are
now ways to literally generate leads 24 hours a day! These new
marketing tools will help sell your home faster and for more money!
Define
Planning Times - Establish a time with your agent to go over
the marketing results within the first 15 days. Ask for all showings
and feedback from other agents. Help the agent understand that
any news is good news because it can help you make adjustments
in your marketing plan.
If you follow
these suggestions you're sure to avoid the mistakes of the past.
Make sure you're dealing with a competent professional... making
the right choice is worth thousands of dollars and a great sense
of "peace of mind."
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