Learning About Real Estate Listings and Agent Services

3 Things To Consider Before Hiring A Realtor To Sell Your Home

by Elaine Ryan

When you're selling your house, it is important to work with a realtor who you feel comfortable with and who you trust. Choosing a realtor is a big decision, and if you want the selling process to go smoothly it is worth your time to meet with several realtors before deciding who to work with and signing a contract. Consider the following before selecting a realtor to sell your house:

Lowest Commission Rate is Not Always the Best Choice

Some realtors may offer their services at a lower commission rate, but it is not a good idea to automatically work with the realtor with the lowest rate. While it is natural to want to save money on realtor fees, understand exactly what you will be getting if you sign a contract with a realtor who has a reduced commission rate. The last thing you want is to end up having your home listed with a discount realtor who does not spend the time or money to properly market your home and do everything possible to garner interest from potential buyers.

Know Exactly Who You Will Be Working With

Many cities and towns have successful real estate brokerage firms that sell a lot of homes and can afford to advertise their services on the radio and television. It is not uncommon for these types of firms to have a few senior realtors who are very experienced, along with many newer, less experienced realtors. If you meet with one of the senior realtors and would like to have him or her to list your home, make sure that he or she will actually be representing you and the listing will not be handled by a junior associate. The best way to ensure this is by putting it in writing in the contract you sign with the realty firm.

Ask About the Marketing Plan

A good realtor will have a proven marketing plan to help sell homes that he or she is listing. Before signing a contract with a realtor, don't be afraid to ask what type of plan a prospective realtor would use to advertise and get the word out about your home. Someone who is experienced selling homes in your area and has a deep understanding of the current real estate market should be able to outline their plans, and show how their marketing efforts have been successful in selling comparable homes.