The employment ratio of real estate agents is expected to increase by 3% from 2024-2034. If you have a house for sale in Denton and you're also looking to acquire real estate services in Denton County, you have landed at the right place.
Let’s walk through the 7 questions you should ask your real estate agent in Denton before hiring them if you don’t want to regret your decision later on.
You can evaluate the past performance of an agent through the following parameters.
We at AY Realty are fully transparent with our clients about the past performance and give references of people who worked with us so you can have complete peace of mind. Call (940) 312-2170 to know more.
Source: FRED
Demand a clear data-backed marketing strategy instead of falling for vague claims. Ask them how & where they will market your property and what impact it has produced in the past. A skilled real estate agent will usually use the following means:
Ask them to explain the pricing methodology in detail with a logical explanation instead of just accepting the price proposed by them. A professional real estate agent can seamlessly explain what metrics he has used to propose a certain price for the property & what factors they have taken into consideration during the process.
Ask them to prove their market expertise via a comparative market analysis having at least 6 recent comps. Moreover, they should be able to deliver the MLS listing for each comp, illustrating relisting cycles & price changes to figure out the patterns of stagnation or overpricing. These factors illustrate the technical competence of a real estate agent.
A study indicates that dual agency (when the same real estate agent is representing both the buyer & the seller) results in a lower sale price in comparison to when the buyer & seller are represented by different real estate agents. So, do question your real estate agent about how he is going to manage the conflict of interest in case he practices dual agency. Ask for the written policy to protect yourself against biased representation.
If you have a house for sale in Denton, Texas & you have consulted a real estate agent, check if they charge a percentage-based commission or a flat fee. Do decide on the exit clause or written cancellation. These financial disclosures are a litmus test for your client’s professionalism & transparency.
Inquire which contractors, inspectors & title companies the real estate agent recommends for houses for sale in Denton & if he charges any referral fee from them. Transparency in this regard is crucial as the Consumer Financial Protection Bureau discourages such referral fees. Urge your agent to explain his approach to tackle problems, for instance, hidden defects, eleventh-hour financing issues, or unexpected delays.
You can check the disciplinary record & license status of your real estate agent at the Texas Real Estate Commission (TREC). Search to see if your agent holds an active license or not. Secondly, the TREC database has a disciplinary action record which you can access to scrutinize your agent.
Your agent should provide at least 3 recent references. Call those references and ask them about their experience and the challenges they encountered.
Platforms such as Google profile, Reddit, BBB, and local Facebook groups can be a guiding source to learn about others’ experiences & spot alarming indicators such as unexpected charges, poor communication, or delaying tactics.
Counter-questioning your real estate agent is critical in case you have decided to hand over your house for sale in Denton. Ask them about their track record, number of successful transactions, the percentage of clients they are dealing with & their references. Verify their transparency when it comes to their communication, claims, and pricing mechanism.
Moreover, do consider their reviews, certification & licensing before going ahead with a deal. Assess each of these aspects to make an informed choice.
If you want to avoid all the hassle and just directly connect with the best, call AY Realty at (940) 312-2170 today and we’ll help you buy or sell homes in Denton, TX and surrounding areas.
They help their clients purchase and sell properties at market-competitive rates. They carry out the negotiations and prepare the respective documents.
A real estate agent is a licensed individual facilitating the selling/buying of property. While a realtor is characterized as a member of the National Association of Realtors (NAR).
Find the best real estate agent by researching local agents with strong market knowledge, verified reviews, and recent sales in your area. Interview at least three candidates, compare commission rates, and confirm licensing. Choose one who communicates clearly and demonstrates proven negotiation skills.
A real estate agent’s duties include listing and marketing properties, guiding clients through buying or selling, negotiating offers, and managing contracts. Agents conduct showings, coordinate inspections, and ensure all legal paperwork is completed accurately to facilitate smooth, compliant transactions.
