Since you are here at the blog we hope you like digging in deeper to find some of the information we have put together so you can learn more about the Long Beach real estate market.
Often as we meet with buyers and sellers in this market I find that people aren't sure what questions to ask. I think it is because sometimes people feel that we are only driven by commission. Believe it or not, real estate agents are your fiduciaries in the process of buying or selling. That obligation is one that is of paramount importance.
Just as you would ask you CPA questions at tax time, or your lawyer questions concerning a lawsuit, we are here to answer the questions you have because we want you to be comfortable with the entire process. Here are some questions that you might want to consider when you are speaking with your Long Beach real estate agent:
- What is the average price homes/condos are selling for compared with the list price?
- What is the average days on market?
- What is your opinion of the market?
- How can I protect myself from downward movement in the market?
- What programs are now available to first time buyers?
As you can see these questions range from providing you with data to mere opinion. Your stock broker often gives you their opinion on the market so I would say it is OK to ask your real estate agent as well. Look for answers that show preparedness with both facts and opinion. I like to give my clients enough information so that they can draw their own conclusion.
If you are confident with their answers then you can have a great working relationship. If you aren't happy with the answers, then ask them to provide you with additional resources like MLS Data or hopefully they have been keeping their blog up to date :). As a consumer you need to feel confident in the process so it can be a rewarding experience.
If anyone has had some strange answers, we hope you share them here in the comments section!
0 comments:
Post a Comment