What Factors Will Affect Your Price?

Many Factors affect the price of your home but the most important is finding the right agent.

Interview A Realtor

1. How long have you been in the business and what made you become a realtor?

Important to understand the motivation and passion your realtor has for this business.

2. Are you a full time or part time agent? Are you part of a team or a single agent?

How much effort is your agent putting forth to sell your home and how much time do they have to offer? Buyer’s want immediate assistant or they will move on to the next property of interest.

3. Would I be corresponding with you alone during the whole process?

It is important to know how their office structure works so you are not dealing with multiple, uncoordinated contacts for updates, concerns and general questions.

4. What is your average day on market for your listings for this year to date, and for last year. Provide proof.

This shows how accurate their pricing is, and more importantly, how well their marketing is working. Remember that some properties have pitfalls that make them hard to sell, no matter what.

5. What is your average list to sale ratio for your listings this year to date and for last year. Provide proof. This will help you understand how accurate the agent is with their evaluations when it comes to pricing. Is the agent trying not to offend you with a low price, or, taking the listing at your suggested price just to attract buyers to whom they will then sell a more realistically priced property? Where is the proof of pricing? All local agents have access to the same data base to track past sales history.

What other considerations do they take into account when pricing homes?