You shouldn’t decide to work with a real estate agent without doing the proper research first. Before you sign on the any contracts or make any real commitments, here are 6 questions you should ask your Greenville real estate agent.
What Neighborhoods Do You Typically Work in?
Many larger markets contain micro-markets that typically run in the same boundaries as neighborhoods. Each of these different areas have a personality all their own and things that make them unique.
Specializing in a handful of neighborhoods is very common for agents in larger markets. This allows them to really get to know the properties, amenities, and surrounding areas in relation to these neighborhoods. A Greenville real estate agent is going to know if a property is fairly priced since they have a firm understanding of that area. This knowledge also helps them recognize certain features that will click with potential buyers and give insight into the ups and downs of buying in that neighborhood.
If you’re really intent on living in a specific neighborhood, finding a Greenville real estate agent who has experience buying and selling homes in that area will be essential.
What Marketing Tools Will You Use to Help Me?
When you’re selling a home, getting the word out to anyone who may be looking to buy is crucial to getting on people’s radar.
You no longer can trust that potential buyers will find your home simply by driving past and seeing a “For Sale” sign; instead, your property needs to be easily seen online and posted in places that your potential buyers will frequent.
The Greenville real estate agent you choose to work with should have a whole host of marketing tools at their disposal. Theres a cornucopia of tips and tricks that they can use to get your home in top shape and ready to sell! Blasting out notices of your open houses to the right markets will be first on the list! What you truly want is an agent who comes into your relationship armed and ready to get the word out that your property’s for sale and to generate as much interest as possible.
How Quickly Can You Help Me View a Home I Want to See?
Timing is everything in life, and when it comes to buying your dream home this is no different. In a hot market, an over-booked real estate agent who isn’t able to accompany you to tour a property could mean you miss out on that house! That’s terrible!
The more flexible your Greenville real estate agent’s schedule, the faster you’re likely to get in to see those properties that you know will be snapped up quickly.
If you are talking with a real estate agent that’s “hemming and hawing” and giving you rough answers, it may be better to seek out someone else. You don’t want to work with an agent who spends their time with all of their other clients and can’t make time to do the job you’re hiring them to do. Just pull the cord…
And, if you’re a seller working with a seller’s agent, be sure that you find out how much notice the agent is typically giving clients before requesting a showing. It’s okay to have your house ready and available to show on short notice sometimes, but if your agent expects you to drop what you’re doing and leave your house, it may not be a good fit for you.
How Often Can I Expect Updates?
Communication and asking your real estate agent the right questions is key when it comes to having a successful transaction, regardless of whether you’re a buyer or a seller. But sometimes too much communication can be overwhelming and cause you a lot of stress.
Ask your agent how often you can expect to hear from them and how they’ll be contacting you a majority of the time. Are they going to send you an email every couple of days with properties you might be interested in? Are they planning to text you every few hours to update you on the number of times your online listing has been viewed? Some buyers love the thrill of the chase and want to hear from their real estate agent each time they find something new, but for a lot of people it’s just too much.
Find someone who strikes a balance between not communicating enough and over-communicating. They need to keep you in the loop about what’s going on in the process, and the opportunities, without overwhelming you. Companies like Pitt Realty Group have found that balance and are willing to put their skills to work for you.
Also, sit down with your Greenville real agent and decide on how you want them to communicate with you. If you’re someone who ignores text messages and that’s the only way your chosen agent communicates, it’s not going to work exceedingly well. Each person has their own way of doing things so if they won’t adjust to sending you emails or making phone calls to accommodate you, you may want to look elsewhere.
What Percentage of Your Clients Are Buyers? How Many Are Sellers?
Many agents specialize in working with only buyers or only sellers. This is great for you because that means an agent has spent a lot of time and experience deeply learning how to either help people sell their homes or how to find the right fit for them.
In this case, find an agent who tells you that the majority of their work is in the type of real estate you’re looking for help with. You want to work with a buyer’s agent if you’re buying a home and a seller’s agent if you’re selling.
Now, if you elect to work with one agent for both selling your current home and buying a new one, you want to find someone whose experience is a balance between helping buyers and sellers. Many agents, especially in smaller markets, handle both home sales and helping buyers.
What’s Your Average List-to-Sale Ratio?
List-to-sale measures whether homes are selling for more or less than the asking price in a market and can be an indicator of whether or not your home is reasonably priced.
To calculate the list-to-sale ratio, you will divide the final sales price by the property’s final list price. For example, a home that was listed for $200,000 and sold for $190,000 has a list-to-sale ratio of 95. In other words, its final sale price was 95 percent of the final list price.
As a buyer, you can evaluate this metric to understand how good your prospective Greenville real estate agent is at helping clients negotiate the purchase price below the asking price. You want a buyer’s agent’s list-to-sale ratio to be as far below 100 percent as possible.
If you’re a seller, however, you want your agent’s list-to-sale ratio to be as close to 100 percent as possible. This means that your agent is careful about accurately pricing the homes they list and that they’re able to sell those homes for as close to the full asking price as they can.
Find YourGreenville Real Estate Agent
If you’re thinking of buying or selling a home, contact us today to find your right Greenville real estate agent.