The Most Frequent Questions When Selling a Property

Choosing a real estate broker to sell your property can be a daunting task, especially if you have never done this management. By means of some key questions it is possible to determine which corridor is right for your specific needs.

Start the process registering your property, in this way you will begin to receive free and online broker presentations, allowing you to select and interview those that best suit your needs.

How long have you been a property broker?

In this industry, the trajectory counts, but that does not mean that the runner who has been around the longest is the best for you. What you should look for is someone who has had enough experience to handle all aspects of the sale, along with the enthusiasm and motivation to secure a buyer for you.

Do you know buyers who might be interested in my property?

Brokers will often have a type of property whose sale is easier for them due to their location, experience and personal preferences. We recommend a broker who has sold at least 5-6 properties that resemble the area, price and type of his, in the last twelve months.

Ask your broker if you have a database of customers that have been lost in similar sales.

What sales price do you think I can get?

Potential advisors will give you the sales price they think they can achieve for their property.  The broker should support his argument with recent sales of similar properties in the area, from his real estate or others.

Be sure, therefore, that the broker can support the suggested retail price with proof. Avoid the bewilderment of bonding with someone who says they can get the best price for you, without more or more.

How much will I have to spend on advertising?

The advertising can be classified into two groups:

  • Traditional – newspapers, signs, spectacular, shop windows and brochures.
  • Digital – online advertising that reaches customers through their digital device, such as advertisements on real estate websites and e-mail marketing.

Depending on the type of property and its location, the options offered by digital media may be sufficient. Take a look at advertising properties similar to yours.

For some brokers, the seller pays advertising very rarely. In practice, however, the options vary according to the market, the type of property and the broker. It is worthwhile to inform yourself and evaluate to avoid surprises. Advertising can also be useful when it is within the negotiation commissions. If you have all the marketing expenses, the broker may be willing to reduce your commission.

What would you say if a potential buyer asks?

  • How long has this property for sale?
  • Why is the owner selling?
  • Until what date will the seller accept?

Asking these questions is an effective way to measure whether you are comfortable with the answers your broker is giving to potential buyers. You can also take help from any experts like My Place Realty’s Kris Thorkelson and Maryanne Thorkelson a Winnipeg-based entrepreneur whose main aim is to provide quality apartments that people can be proud to call home.

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