Mike Weiland, Realtor Discusses the 10 Deadly Questions You Should Absolutely, Positively Get Answered Before You Sell Your Home on the Minneapolis Minnesota Real Estate Market!

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November 25, 2009, by Mike Weiland in Tips for Home Buyers

Mike Weiland, Realtor Discusses the 10 Deadly Questions You Should Absolutely, Positively Get Answered Before You Sell Your Condo on the Minneapolis Minnesota condo Market!

Note: For a free Downtown Minneapolis Condo Buyer eBook that covers the condo buying process from begining to end click here.

Not every condo business in Minneapolis Minnesota are the same. If you have decided to use an agent in the selling or purchase of your condo, make sure you do your research and ask a lot of questions before you sign a contract.

Choosing the correct agent in Minneapolis Minnesota is among the crucial matters that can either cost or conserve thousands of dollars for you. There are very specific questions you should be
asking to ensure that you get the best representation for your needs. Many
agents in Minneapolis Minnesota would prefer you had a very good idea of what outcome you can expect from using this agent would prefer that you don't ask these questions,because the knowledge you will gain from their honest answers will give. And, to be honest - in terms of condo and in life - everything isn't equal.

Finding an agent to help with the transaction in Minneapolis Minnesota resembles every other hiring procedure - with you positioned in the employer's chair. Buying condo is a huge financial investment and you want to make sure that you have the right people on your side. Following is a list of things you need to be sure to ask your agent as soon as possible.

1) Do you make it easy for buyers to get information about my condo?

You may be surprised to know that the two marketing tools that agents use to
sell condos (open condos and extravagant company ads) they are not very helpful. 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 the majority of condos in Minneapolis Minnesota offer for sale? Plain and simple - The Multiple Listing Service. All agents from every company can sell and show condos that are listed on the MLS.

Also, the potential buyers of your condo who call for info most likely don't want to waste their time, or yours. No one wants to deal with having to play a game of phone tag with an agent or an unsolicited sales pitch. Make
sure the ad your agent places for your condo is attached to a 24 hour pre-recorded
hotline with a specific ID # for your condo which gives buyers access
to detailed information about your property day or night 7 days a week. This particular system has show that nearly 3 times as many buyers will call to inquire about your condo. And remember, the more buyers you have competing for your condo the better, because it sets up an auction-like atmosphere that puts you in the
driver’s seat.

2 Why are you qualified for your current rate and what is it?

Never go along with a commission amount if you haven't had a demonstration of precisely what the sales rep will do to earn it. FACT - condo law does NOT regulate commissions!

This is third in the series. Are there a minimum of three assistants available to help you?

A majority of agents work alone with no support, making it hard for them to give you a consistently higher level of service. A career in condo is very diverse. In the same way that you wouldn't anticipate physicians or attorneys doing the work of receptionists. Minneapolis Minnesota condo agent
shouldn’t be spending their time on simple, but time consuming tasks that could
be delegated. 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. Minneapolis Minnesota sold. Note: An assistant is much different than the company receptionist. The firm's secretary performs tasks for the entire Realtor staff, however an assistant solely answers to a single sales rep and is accredited as a condo professional.

4. How, specifically, do you attract buyers?

The agent should be able to explain, step-by-step, how they attract buyers and
show you evidence. If they can’t, hire another agent! Do not hire any agent
that tells you their reputation will somehow attract buyers! Outrageous claims require specific proof!

V. has been sold in my area what

Your agent should be expected to provide a list of other similar sales that have taken place in the same market. Minneapolis Minnesota.

VI. What kind of advertising will you do to get our Minneapolis Minnesotad 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 condo, a mediocre website, or a big company ad. Play them be specialized and put
what business they declare in penning!

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

How well your agent performs on the measure will give you an indication of the price you may receive when you sell your condo.

VIII. Calculate the number of buyers that you have contact with. Do you have a list? How do you keep a record of people who buy from you?

Obviously the more buyers your agent is working with, the better your chances
are of selling your condo quickly. In addition, it will affect selling amount since a Realtor with a lot of prospects can create a kind of bidding war with a lot of condobuyers placing offers simultaneously. Describe the system they use for working with these buyers. The list of buyers should be with them at all times. If they have a lot of buyers, they will certainly need a computerized system to keep track of them. In the event that they either are unable or refuse to provide you with a purchasers list, employ a different sales rep!
Note- The difference between a lost of buyers and a print out of a database is BIG The financial qualifications of the buyer and the property type they're interested in should be included in an actual buyer's list. This type of list is the only type that will suffice.

This is the ninth point Different,what makes you? Why should I choose you to be my condo agent?

The condo market is a lot more complicated then it has been in the past. What unique
plans and programs does this agent have in place to make sure that your condo in Minneapolis Minnesota
stands out favorably among other competing condos? 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? Can you give me a demonstration of that technology? Take note - Among the most successful implements in condo now are round-the-clock call services, online interactivity, 'talking condo' systems, instant faxes, and so on. Don't forget that they should show you while they're in your own condo.

X. Can I remove my listing any time I desire?

Your listing at any time if you decide not to sell your condo or if you are not satisfied with the service being provided and don't ever sign anything unless this agent can guarantee, in writing that they will cancel.

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

If the agent you are working with tries to make any other company look bad, don't hesitate to fire them and work with someone else. Obtain the true information on your own! Also, if they boast about their selling prowess, how they're the best or the number of condos they sell, run. Sometimes it seems like most condo companies Minneapolis Minnesota is claiming to be 1 any longer.
You will want to visit it at this web address. The Weiland Group of Keller Williams Realty To ours based on FACTS not FICTION! that we encourage you ro compare any other company's service.

There is a lot of free information available to you about buying, selling or investing in Minneapolis Minnesota condo assessments and sales. To learn more regarding the Minneapolis Minnesota If you want to know about current condos for sale, property values, and the condo market in general, you will be glad to know that there is a very complete website online. It is dedicated to providing complete condo information. Be sure to visit it. Minneapolis Minnesota condo. I would be happy to answer your questions about mortgages. I hope you will feel free to call me with any questions you may have. You can reach me on my cellular phone at 612-735-6834 or email me at mike@mikeweiland.com.