How to Choose Your Madison WI RealtorPosted by Jolenta Averill, Broker on Monday, August 9th, 2010 at 6:19pm.
Are you interested in selling your Madison WI home? If you are ready to make a move, you are likely planning to hire a Realtor to help you with the process. After all, Realtors are experts in the industry and, as such, should be able to help you sell your home more quickly and efficiently. Before you hire a Realtor, however, it is important to know more about how to choose your Realtor.
While it is certainly possible for a Realtor with little experience to do a great job with selling your home, you are more likely than not to get the results you are looking for when you hire a Realtor with experience. In addition to asking about the Realtor's general experience in the industry, you should also ask about his or her experience selling in your home's market. The more experience the Realtor has within your particular market, the more likely he or she is to have the proper connections to sell the home as quickly as possible and to net you the most money possible.
It is also important for you to learn more about the credentials the Realtor has to his or her name. This includes professional designations, such as GRI (Graduate Realtor Institute) and CRS (Certified Residential Specialist), both of which require completing specialized real estate training, as well as any other professional organizations or groups in which the Realtor is a member.
When interviewing Madison WI Realtors, you should also ask potential real estate agents to provide you with client testimonials and detailed information about the number and type of homes they have sold in the last few years. In addition, you should find out more about how long it generally takes the agent to sell a home and how their average "DOM" (Days On Market) compares to the general market rate. You should also ask the Realtor about the final sale prices of the homes they have sold as a percentage of the original asking price. Not only will this information give you a better idea of the amount of experience the Realtor has to offer, but also how successful he or she has been with selling homes.
It is also important to learn more about how the Realtor markets the homes he or she is selling. Clearly, you want to hire someone who is going to do more than just place a For Sale sign in your front yard. Rather, the Realtor should implement a variety of different innovative and aggressive techniques for marketing your property. Find out how the Realtor plans to market your home online. Remember, according to the National Association of Realtors, over 86% of all buyers start their home search on the Internet.
In addition to working toward selling your home, a reputable Madison Realtor will also be able to provide you with a variety of different support services. He or she should be able to recommend Madison area companies to provide you with the services you need. Whether you need assistance with making home repairs, finding a lender, obtaining a real estate attorney or gaining access to information regarding your property, your Realtor should be able to point you in the right direction. Therefore, as you interview Realtors, be certain to ask about the types of support services each one can provide.
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Jolenta Averill, Principal
Lake & City Homes Realty