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So, you have decided you want to use a local Myrtle Beach Real Estate Agent to help you market your home. In choosing a Realtor, remember this, not all Realtors are created equally. You need to know what questions to ask. Many people interview only one agent, and six months later they are still paying mortgage payments. A lot of their issues could have been resolved before hand by asking a few pre-listing interview questions. When you start your search you might want to ask friends, family and neighbors and get a few recommendations. This will give you a good place to start. Remember though your needs and buying situation maybe different that theirs. You can also drive around your neighborhood and look for agents currently selling homes in your area. After making initial contact with a few agents you will want to set up a time to interview them. Before picking which one you want to go with, you need to make sure you ask these few simple questions:
1. What services do you offer? Many Myrtle Beach real estate professionals only specialize in a specific niche (i.e. vacations homes, buyer’s agency). You will want to find one who offers the services you are looking for. Now days there are also limited service and full service firms. With full service firms you have an agent that will help you every step of the way. With limited service firms you can pick and choose what services you are looking for your agent to provide.
2. What experience do you have? With the recent upward movement in the real estate markets, the number of real estate agents rose dramatically. You will want to inquire about the number of similar properties they have sold and the number of closings they have had recently. Many newer agents start out part-time or have other jobs that could take away from them working on selling your home.
3. What is your Fee? Most Myrtle Beach real estate professionals work on a commission structure. This meaning, unless they sell your property, there are no fees. With the array of different agency models this can vary. Brokerage fees are generally set by the market not by law or regulation.
4. If another Realtor brings a buyer, what happens? Most Realtors offer a buyer-broker fee. This is a percentage of the total commission they share with the buyer’s broker. You will want make sure the Realtor you decide to go with works with the buyer’s agent. Having your property exposed to every buyer’s agent in your area is a tremendous advantage.
5. How long will you list my property? Most real estate professionals will require that a “Listing Agreement” is signed. This is a contract that outlines the terms of which your home is available for sale. The length of the contract is always negotiable.
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