Hiring the right real estate agent to sell your home is crucial to getting the best price and a smooth, stress-free experience. With so many agents to choose from, how do you make the best decision? In this blog post, we’ll guide you through the do’s and don’ts of hiring a real estate agent in New Zealand.
DO: Research Potential Agents
Before you start interviewing potential agents, conduct some research. Look for agents who:
- Have experience in your local area
- Have successfully sold properties similar to yours
- Have a good reputation and positive reviews
- Are members of a professional association, such as the Real Estate Institute of New Zealand (REINZ)
Remember, the most important thing is finding an agent who understands your needs and can help you achieve your goals.
DON’T: Choose an Agent Based Solely on Commission
While it’s essential to find an agent who offers competitive fees, don’t choose one based solely on their commission rate. An agent charging a lower commission might not provide the same level of service, marketing, or negotiation skills as an agent with a slightly higher rate.
DO: Interview Multiple Agents
When it comes to finding the perfect real estate agent, never settle for the first one you meet. Interview at least three agents to get a feel for their experience, communication style, and marketing strategies. Here are some questions to ask during the interviews:
- How long have you been in the industry?
- Can you provide references from recent clients?
- What is your strategy for selling my property?
- How will you market my property?
- What are your fees and charges?
DON’T: Ignore Red Flags
During the interview process, be on the lookout for potential red flags, such as:
- Overpromising: Be cautious of agents who promise an unrealistic selling price or guarantee a quick sale.
- Poor communication: Choose an agent who responds promptly and communicates effectively.
- Lack of enthusiasm: A disinterested agent may not put in the necessary effort to market and sell your property.
DO: Check Their Marketing Plan
A strong marketing plan is essential to attract potential buyers and achieve the best price for your property. Ask the agent about their marketing strategy, which should include:
- Professional photography
- Property descriptions and floor plans
- Online listings on popular websites
- Social media promotion
- Print advertising, such as brochures and newspapers (if applicable)
DON’T: Be Afraid to Negotiate
Don’t be afraid to negotiate the agent’s fees, commission, or marketing costs. While some agents might not be willing to budge, others may be open to negotiation, especially if they’re eager to secure your business.
DO: Get Everything in Writing
Once you’ve chosen your real estate agent, make sure you get all the agreed-upon terms in writing. This includes their fees, commission, marketing plan, and any other agreed-upon services. This will help protect you in case of any misunderstandings or disputes down the line.
DON’T: Disregard Ongoing Communication
Throughout the selling process, maintain regular communication with your agent. This will help ensure they’re actively working to sell your property and keeping you informed of any developments or offers. If you’re not satisfied with the level of communication, don’t hesitate to address the issue with your agent.
In Conclusion
Finding the right real estate agent to sell your home is a crucial step in the property selling journey. By following these do’s and don’ts, you’ll be better equipped to make an informed decision and find the perfect agent for your needs. Remember, the right real estate agent will not only help you achieve the best possible price for your property but also make the entire process smoother and less stressful.
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