Monday, February 19, 2007

Everything You Ever Wanted To Know About Real Estate Agents

About Finding and Hiring Real Estate Agents
I hate to admit this, but I was once hired to sell an expensive house simply because I was standing in the street, wearing my name badge and yakking on my cell.
The seller spied me from her front porch and said, "Hey, you look like a real estate agent. I want to sell my house!"
Speaks volumes about agents, doesn't it? She was lucky. I knew how to price her home. I could have been “Freddie First-Timer” straight out of pre-licensing class (no offense to those first year agents).
What few agents will acknowledge is the fact that more than half of the deals they get are because the agents are in the right place at the right time—not because they are competent. Sometimes they are in the right place by design, others by luck. The lesson here is that you need to be careful in how you select a real estate agent.

Questions to Ask a Realtor
· Is the Realtor full time?
· What is the communication plan? Can you call them any time? How quickly can they return your calls?
· What is the Marketing plan? Is this customized to me? Who controls the Advertising and Marketing on the home (the agent or the broker)?
· What level of technology is used? Internet, Websites, Virtual Tours, Photo Galleries, Online Networks, Search Engines?
· Are there letters of recommendation?
· What is the agent's and company's closed rate on listings?
· What is the agent's and company's expired rate on listings?
· What is the average time on the market?
· Who services my listing? (REALTOR®, Assistant, other REALTOR®-Agent).
· Is the REALTOR® a Single Agent or is there a Team? How might this be more effective?
· What are the agent's Designations? GRI, CRS, ABR, CMS, CNS, etc. What does this mean to me, the client?

Visit our website at www.TheJohnnyWhiteTeam.com or call us today for our answers to the questions above.

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