7 Vital Tips to Choose a Realtor for Selling Your Condo
Are you planning to sell your le quest bukit batok Singapore condo? If yes, then a crucial step is to get a good realtor to help you out with the job. However, you need to be aware of the red flags when choosing your realtor so that you do not end up making the wrong choice. This is why we will explore this aspect and give you a detailed insight regarding choosing realtors.
How to choose a realtor to sell your condo
- Acquire multiple listings from different realtors: When you decide to sell your condo, then the first thing that you need to do is to get the listing presentations from about three realtors. Moreover, they should give you detailed insight about the Le Quest condo they have sold so far and the time duration they take to sell a condo. If the realtor quotes an unrealistically high price for a place, then it means that it surely takes longer to sell the condo and the ultimate selling price is much less than the one quoted. Your realtor needs to give you a realistic picture and should be eager to sell the property fast. If the property remains available for sale for a long time, then it is an indication that something is wrong with the property.
- Go for a specialist who has adequate knowledge about your area: It is mandatory that the realtor should have a detailed insight about the landscape of your neighbourhood. When the real estate agent has expert knowledge about your area, then this means that he will be in touch with the potential buyers as well.
- Talk to the previous clients of the realtor: It is also important that you should talk with the previous clients of the real estate agents. You should raise important questions like what was the asking price of the property and what was the Le Quest price at which the property was ultimately sold.
- Check out the credentials of the real estate agent: This is one of the most important aspects that are often ignored. You need to have a clear picture regarding the credentials of the agent as well. For example, he should be a certified residential specialist or an accredited buyer’s representative. CRS are the people who have got the additional training in handling the residential real estate. The ABR is a person who has got additional education in representing the buyers in the transactions. It will be good if your real estate agent is a Senior Real Estate Specialist. This means he has got the adequate training to help both the sellers and the buyers.
- Have a look at the listings of the agent: You should also have a look at the current listings of the real estate agent. The most important thing is that the listings should look appealing on the web. This will give you a clear idea regarding how seriously the agent takes up the job and performs accordingly. Even the number of listings will indicate whether the realtor has a healthy business or not.
- Check out the experience of the realtor: It is also important for you to know how long a real estate agent has been in the business. Well, you can get the precise information from the state licensing authority. You can even question the realtor directly regarding this issue. If the realtor has been in the business for less than 5 years, then this is a red flag alert and it shows that the agent is just trying hard to grow his business.
- Interview your realtor: Most of you skip on this essential step. Before making the decision to choose the realtor, it is mandatory that you should put up well-defined set of questions to the real estate agent. First, you should ask the real estate agent about the services you provide. You should also ask the agent about the kind of representation he offers. The representation does vary from state to state. They are real estate agents who solely represent buyers. There are some who represent sellers as well. There are some real estate agents who facilitate the transactions as a neutral party.
You should also ask the agent how he will list your home. If the realtor is sincere to his profession and his clients, then he will give you a detailed insight about the marketing strategy that he uses. You should openly question the agent regarding the price he will charge for selling your home. This way you will not have to fear any hidden charges later on. There are times when agents charge some other fee as well. This includes marketing fee or cancellation fee. This is not included in the commission of the agent. You also need to raise a question regarding the disclosures that you will receive. Most state rules require the agent to provide extensive agency disclosure information to the clients.
It is very important to mention the mode of communication that you will like to maintain with the real estate agent once your home is listed. If things are decided before hand, then the working is bound to go smoothly. For example, you should let the agent know whether you will prefer an email or face to face meeting.