8 Questions You Need to Ask Your Real Estate Agent Before Selling
It’s no secret that real estate agents sometimes get a bad rap – but whether you’re buying or selling, you’re likely going to have to work with them. So how do you choose the right one?
We thought there was no one better to ask than the team at PRD Oatley.
Despite the predicted doom and gloom of the property market this year, PRD Oatley have sold over 90 properties during 2020 and continue to set sales records in the area.
PRD Oatley Real Estate feel that being entrusted to help sell one of your greatest financial assets is a huge priviledge and responsiblity – and they’ve helped us put together some questions to help you find the right agent to sell your property.
How do you find the right real estate agent?
It all starts with the interview process. Before deciding on an agent, you’ll want to sit down and have a chat to them to find out if they’re the right fit for your needs.
The questions you’ll ask will be different depending on your individual circumstances, however, we recommend starting with the below:
- What are your average days on market?
- What are your current auction clearance rates?
- What is your private treaty average discount?
- How would you market my property?
- What are some of your recent sales in the area?
- How should we present our home to achieve the best result?
- What would be the best method of sale for us?
- How do you work with buyers?
What are some common traps when choosing a real estate agent?
One of the reasons real estate agents often bad rap is because many use the same tricks to hook vendors and buyers in. Here are a few common traps you’ll want to be wary of:
- Buying the Listing
Dont listen to the agent who quotes the highest price. This is the oldest trick in the book and often only leads to disappointment. A bad agent will quote high then try and mange your expectation down during the sales period. - Costs
Realise that getting the cheapest agent usually means you are really getting the cheapest agent. This will cost you at sale time. Marketing spend should be justified and strategic. Make sure the marketing is specific to your property. - Whos selling you property?
Is the agent you’re talking to the same agent who will be running all of your open inspections and working with buyers?It’s important to find out which agents are going to have the most involvement with your sale and to choose them accordingly. There’s no use hiring an agent who impresses you in the meeting, only to have an entirely different set of agents managing the sale of your property.
PRD Oatley’s aim is to make the entire process of selling real estate as enjoyable and stress free as possible whilst ensuring the best possible outcome with the highest level of professionalism at all times.
We always think that one of the signs of a great business is repeat business – and around 80% of PRD Oatley’s business is from repeat and referral clientele, proving that the agency has been built on trust and great results.
PRD Oatley are market leaders in the area. This should not only provide the confidence in you making the right decision in choosing an agent, however, also confirm they deal with more buyers than any other local agency – so they probably already know your buyer.
Want to find out more? Contact PRD Oatley on 9579 6522 or visit their website at www.prd.com.au/oatley