When you are ready to sell your house, it can be a frustrating process, starting with hiring a good Denver real estate agent. In Denver alone, each month, thousands of dollars are spent by local large real estate brokers on making their agents visible. From online ads and real estate listings to the Yellow Pages, to giant billboards and even bus benches in the busiest areas of Denver, CO.
However, just because a real estate broker is putting that much money into promoting their agents, doesn’t mean they are the best Denver agents. And if they are one of the best, that doesn’t mean they are a good fit for homeowner that is trying to sell a house. Here, we are going to provide you our recommended steps on how to find a good real estate agent in Denver, CO?
[NOTE: If you need a quick sale of a Denver property with out waiting the 3 to 6 months, or longer, that it can take selling the traditional real estate way, Property Scouts can help. We buy Denver houses for cash regardless of their condition and offer a 7 day closing period. Contact us today and we’ll make you an all-cash offer within 24 hours.]
How To Find A Good Denver, CO Real Estate Agent: The Reviews…
You know how they tell you not to believe everything you read online? Well this goes for real estate agent reviews too. The reviews of Denver, CO real estate agents can be manipulated to the point of being nothing more than a personalized paid advertisement.
When you’re looking for a Denveragent that is right for you, you need honest reviews about any agent that you are considering. And the best place to get them is from the agent directly. A reputable agent should not have any problem providing you with referrals from their recent clients.
Also, reviews found by doing a Google search is one of the best ways to check out any prospective Denver real estate agent. Simply enter their name in the Google bar and you should get a list of reviews, good and bad on yelp and other websites.
On the bad reviews, has the Denver agent attempted any engagement with the person that posted the negative review? Is there any indication they attempted to resolve the situation?
Asking the Right Questions Of A Denver, CO Real Estate Agent Is Important
Ask the clients the Denver agent provides you the following questions:
- Was there any part of the process of buying or selling your home with this Denver agent that you were particularly displeased with?
- Was there any part of the process of buying or selling your home with this Denver agent that you were particularly pleased with?
- What was your asking price and what did your house sell for?
- Where was the house located that you sold with this Denver agent?
And ask the Denver agent what other properties like yours and in your area have they sold recently. Did they get full asking price? Were there any special circumstances about this house or the client? It is important to choose a Denver real estate agent that has experience working with homes and situations like yours. Ask the agent how long they have been in real estate altogether and how long in your area. If they are with an agency, ask how long as the agency been around, and how long have they been with that agency. Were they with another agency in the past? How long?
Check The Credentials Of The Denver Real Estate Agent
Check with your state’s real estate regulatory authority and verify the Denver licensing of any agent you’re considering. Every state has a website with this information along with any complaints and regulatory actions against every state licensed agent.
Above all, choose a Denver real estate agent you feel you can trust. Maintain a regular line of communication with them and they with you. Your home is a valuable asset for you, and any Denver real estate agent should respect that and provide you answers to the following questions:
- How many inquiries have you received on my house?
- How many of these inquiries were actual prospective buyers versus window shoppers (or nosey neighbors)?
- What other properties are for sale in this neighborhood? What is the asking price of those homes?
Ask The Denver Real Estate Agent What Their Game Plan Is To Sell Your House
When looking for a local Denver real estate agent, ask them what their game plan is for selling your house. What do they do that other agents in Denver don’t. A good real estate agent will have a marketing plan on how they will get your house marketed.
Low Pricing Isn’t Necessarily The Best
Many times, a Denver homeowner will choose to list their house for a low price, thinking it will sell faster. But when you look at the numbers, and you’ll be paying your Denver 3% and the buyer’s agent 3%, you’re cutting into your own profit margin.
For example, if a house sells for $100,000, the seller is paying their agent $3,000 and the buyer’s agent $3,000. Do your research before you offer a flat fee to any Denver agent. That flat fee may mean a low rate level of service too.
Any good Denver real estate agent will have a great marketing system and it shows by how fast they sell houses at higher prices. So before taking on that agent that only charges a 1.5% fee, look long and hard if the money you’ll save is worth it in the long run.
The same goes for if you choose to sell your Denver house to a local real estate investor like Property Scouts. The highest price offered may not be the best deal for you at the end of the day. Review the terms of any offer and make sure the closing date is within the time frame you want. The longer they take to close the deal, the more it will cost you in mortgage, insurance, utilities, and taxes.
Avoiding low-quality Denver real estate agents is important. A “newbie” will make low ball deals simply to “get their feet wet” and some experience under their belt. A good Denver real estate will make the whole process a smooth process for you and will always have your best interest at heart.
With the information we have provided you, you can go forth and with your own research, find the Denver real estate agent that’s just right for you.