What is the most important question to ask a Realtor or Broker?

Question

What is the most important question to ask a Realtor or Broker before hiring them to sell a property?

Joel Owens · Answer

Do they have the skills, track record, and time to affectively sell your property for you??

Karen Margrave · Answer

@David T. There's no question you are going to ask them to make your decision. What you want to do is look at where your property is located, what agents are actively working that area, and SELLING properties? Of course you want to know what their policy is on advertising etc. too.

However; many times sellers are influenced by the number of Open Houses ads, etc. and don't understand that it's very rare for someone calling in on an ad call buys the property advertised. Also, ads are put in to drive ad calls, not sell properties necessarily.

If you have to narrow it down to a question, I'd ask for references.

Account Closed · Answer

where do where do I sign? Lol

David T. · Answer

Thank you both @ Karen Margrave and @Joel Owens for your contributions. Here's the letter we sent out to all the realtors local to the property and we have got a mixed response so far.

We currently have a 4-bed, 3-bath, 2,000 sq. ft., detached, 1-family home located at 2446 N Decatur Road, Decatur. The property has been listed since May 1, but has seemingly stalled. It is beautifully renovated and in a great location, but along a main road.

We are seeking a local, skilled and professional real estate broker to sell our property. At the time of our purchase, almost a year ago, local comps supported an ARV of $380 - $400k. The property is currently listed at $389k.

In developing a new marketing strategy, we ask that you consider the following questions:

1. Given that the marketing of this property has stalled, what are your recommendations to get it back on the market and sold quickly?

2. What is your average DOM in the last 12 months? Considering the particulars of our property what would you anticipate the DOM to be?

3. What is your recommended asking price?

4. Have you worked with Investors before and if yes, can you please provide a reference?

If you have any questions, please forward them by email. Many thanks for your time and interest.

Very truly yours,

What is the most important question to ask a Realtor or Broker?

What is the most important question to ask a Realtor or Broker?

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