Money and Success

Surviving the Credit Crisis

Karen Simpson-Hankins,CTACC

Surviving the Credit Crisis – Questions You Need to Ask When Hiring a Realtor

You are a buyer or a seller and you find yourself in need of a Realtor.  How do you determine who you should use?  Are they a full-time agent or just moonlighting?  Do you call on yard signs?

Join me today as my guests, Dr. Bennie Waller and Dr. Scott Wentland, Professors at Longwood University in Finance and Economics, as we discuss what questions you should be asking when hiring a realtor.

Some of the topics we will be discussing include:

  • Does your broker represent the seller?  Is this a dual agency?
  • How many properties does the broker currently have listed?
  • How long have these other properties been on the market?
  • Does the agent also have their property listed on the market?
  • How far away is my agent’s office from my home?
  • And much, much more…

It is especially important for families to be familiar with a potential neighborhood and any possible risks.  Is the neighborhood improving or deteriorating?  Are there other children in the neighborhood?  Are their registered sex offenders or anything else like commercial impact, new freeways, airports, or anything else that will affect the livability of the home?

Interview your real estate agent, find one that you feel comfortable with and who understands your needs.  If you’re a buyer…get pre-approved or credit approved for a mortgage before you go shopping and you will have a much more enjoyable experience.