Minneapolis Minnesota Real Estate Blog

Not every realty firm located in [Profile.market3] are alike. Before you make the decision to seek an agent's services to sell or buy your condo, you should have accurate and detailed information.

Choosing the correct agent in [Profile.market3] is one of those critical issues that can cost or save
you thousands of dollars. In order to obtain the best representation, you should ask specific questions about your needs. Many
agents in [Profile.market3] would prefer that you don’t ask these questions, because the knowledge
you will gain from their honest answers will give you a very good idea of what
outcome you can expect from using this agent. And let’s face it - in real
estate, as in life - not all things are created equal.

Employing a Realtor located in [Profile.market3] With you on the bosses side of the desk and is like any hiring process. This is a large, very important financial decision, so you want to make sure you have the right person for the job. Following is a list of things you need to be sure to ask your agent as soon as possible.

First in a series. How simple is it for a potential buyer to learn about my condo?

You might be amazed to realize that the pair of promotional tools that sales reps utilize for the sale of condos (opening condos to the public and large promotions for the firm) don't really work well. In fact, according to The National Association of Realtors, less than 3% of people purchase their condo as a result of calling on a company ad, and less than 1% of condos are sold at an open condo. How do most condos in [Profile.market3] offer for sale? Plain and simple - The Multiple Listing Service. A condo listed on the MLS by a specific agent may be shown by ANY agent from EVERY real estate firm, and that agent is given full access to show the condo for sale.

Another thing to keep in mind is that the people who contact you to ask about your condo are most likely just as busy as you are. They don't want to be victims of an unsolicited telephone sales pitch. Nor are they interested in playing phone tag with a real estate agent. It's important that the ad placed to sell your condo links to a 24-hour hotline, where a taped message can offer specific and detailed information about your property. We have discovered that triple the number of prospects phone for more details with this system. Keep in mind too that the greater number of consumers who are vying for your property the better, since it makes for a bidding war that places you in the

II. How much do you get for commission and how do you earn it?

Don’t ever agree to any commission unless you are shown exactly how this agent earns it. FACT - Real Estate Commissions are NOT set by law!

This is third in the series. Do you have at least 3 Assistants to help you?

Most agents work all by themselves without any support making it difficult for
them to provide you with a consistently superior level of service. The job of
real estate has many and varied parts to it. This is just the same as how you wouldn't want a professional doing menial work. [Profile.market3] real estate agent should not waste time on simple, tedious tasks, but instead should delegate them. You should ask yourself how much time they really have to get you condo in and if the agent doesn't have assistants to cover each aspect of your transaction. [Profile.market3] sold. There is a noted difference between the job descriptions of an assistant and a company receptionist. The company receptionist works for ALL agents in the office, but an assistant only works for one agent and is a licensed real estate professional.

Fourth point What is your unique selling proposition?

The agent should be able to explain, step-by-step, how they attract buyers and
show you evidence. If they are unable to do so, find a different agent! Never employ a Realtor who boasts that their reputation alone will lure prospects! Get them to prove it!

5 How many condo sales have been closed on where I live?

Your agent should be expected to provide a list of other similar sales that have taken place in the same market. [Profile.market3].

6. What is the precise Marketing Promotion that you'll conduct to get our [Profile.market3]d condo closed on?

You know you are in trouble if your agent seems to believe it will be possible to sell your condo using only one method, such as an open house, a mediocre website, or a big company ad. Make them specific and put in writing what they advertise!

VII. Are you usually able to sell your listing at close to the asking price?

You can guess how much you will get for your condo based on this performance.

8. Calculate the number of buyers that you have contact with. Are you in possession of a list? How can you learn about your purchasers?

Obviously the more buyers your agent is working with, the better your chances
are of selling your condo quickly. If an agent has a lot of buyers and sets up an atmosphere that is reminiscent of an auction - that is where lots of buyers are bidding - it can have a real effect on the price you get for your condo. Ask them to see the list and describe the system they use for working with these buyers. (They should ALWAYS have a buyer list with them) The more buyers they have, the more some sort of computerized system or database will be needed to keep them all straight. If they can't or won't show you a list of their buyers, hire another agent!
A database print-out and a list of real buyers is not necessarily the same thing. A real list of prospects ought to include the purchaser's financial credentials along with the kind of real estate they are looking for. Anything other than this type of list just doesn't cut the mustard!

This is the ninth point What about you is unique? Why are you the right agent to sell my condo?

It’s a much tougher real estate market then it was 5 years ago. What plans and programs does this agent have in place to make sure that your condo in [Profile.market3] is unique.
The condo which you are seeing at present is unique when compared to the others. What does this agent offer to you to sell your condo that others don't, with no hassle and for the most amount of money? What technological methods are put into use to assist in the sale of my condo? Could you demonstrate that technology for me? The 24 hour hotlines are the most effective tools in real estate today. They have interactive websites, talking house radio transmitters and fax-on-demand etc. Make a note to have them show you while they are at your condo.

Number 10. Will I be able to delete my listing whenever I want?

Don't sign a contract unless the agent guarantees in writing that your listing can and will be canceled at your request if you decide not to sell your condo, or if you feel that the efforts and marketing techniques of the company are not good enough.

Optional Bonus Questions: Inquire how they would compare their own services to other companies, and be as specific as you can. Ask them about specific companies.

If they say ANYTHING negative about another company or try to make another company look bad, hire another agent! Get the facts for yourself! In addition, when they boast about their housing sales numbers and how great they are or that they hold the top spot, RUN don't walk away! It seems EVERY real estate company in [Profile.market3] is claiming to be #1 anymore.
Located at we encourage you to compare any other company’s services to ours based on FACTS not FICTION!

Plenty of complimentary information is offered in terms of purchase, sale or investment in [Profile.market3] real estate assessments and sales. To obtain thorough details regarding the [Profile.market3] Property values and more please visit the most complete website online dedicated to everything,real estate market including current condos for sale. [Profile.market3] real estate. So please feel free to contact me, Mike Weiland with the Weiland Group of Edina Realty with any of your mortgage questions and I will be more than glad to answer your questions. Call me on my cell at 612-735-6834 or email me at mike@mikeweiland.com.

P.s. We will sell your condo in 39 days, guaranteed!  For a free, no obligation over-the-internet market evaluation of your condo, complete the information below.  We will provide your market analysis via email within 24 hours!