The Questions You Should Ask
Millions of people sell their homes each and every year but for thousands, they don’t know who to trust. It doesn’t matter if you want to buy or sell, knowing the right people to put your faith in can be very difficult. However, it seems as though many are now looking at 100% commission real estate companies to help them but are they really all they seem?
The truth is there are some excellent companies and there are unfortunately some bad companies and you always have to be very careful. However, when you take the right approach to a real estate broker and ask the right questions, you avoid trouble down the line. Here are just a few of the top questions you may want to ask your 100% commission real estate broker.
Have You Been In Business Long?
First and foremost, you absolutely want to know how long the company or broker has been trading for. Now, the property business is tough, there is no doubt about that but your 100% commission real estate company should have been in business for at least 3 years, no less. Of course, that doesn’t mean to say those just starting isn’t good but you should be looking at those who have been successful and has an established business.
Do You Have A Physical Office?
There are hundreds of 100% commission real estate brokers who set up a business but don’t have any physical offices for you to visit. This isn’t terrible but it isn’t great either simply because it doesn’t look professional. When you are searching for a new commission real estate agent, you absolutely want to ensure they have an actual physical office and not just a PO Box address.
What Are The Total Fees?
Some companies are quite sneaky in a sense because they have hidden fees which often catch many out. For example, some companies will say they offer 100% commission real estate for all but in fact charge certain fees per transaction meaning the agent won’t earn the full amount. There are a lot of people who do this and you must be aware of the costs entirely.
How Much Experience Do You Have?
When it comes to checking out the 100% commission real estate company, there are several things you want to clarify, the first being experience. Asking how much experience the company has is always good because you do not want to use someone who doesn’t have a lot of experience when it comes to buying or selling a home. You need to use someone who knows the market well and understands what you are going to need.
Do You E&O Insurance?
Whenever you are searching for a new 100% commission real estate broker you always want to ensure they are fully and totally insured. There are a hundred and one things that could go wrong and you need to know if something does go wrong, you are covered. Choosing someone who isn’t covered is a bad move and you may end up paying dearly for this. You cannot put yourself at risk.
Ask the Right Questions
Too many people don’t think about asking questions when they are choosing a real estate broker but it could end up being a costly mistake. You don’t know the people you are dealing with and if they don’t have what you are looking for, they aren’t worth your time. Taking the time to ask the right questions can allow you to find the right 100% commission real estate broker.