Crucial Questions You Should Ask Before Hiring Toronto Realtors

By Author: Robert Wilk
Total Articles: 41
Comment this article

If you have condos for sale in downtown Toronto and are looking for a realtor to dispose of the units, you don’t just pick one out of a phone book or the first company that comes out when you search in Google. The right choice could be the difference not just in making a sizable profit but also making the transition as seamless as possible. So here are the questions your realtor should be able to answer sufficiently.

How many units have you sold recently?

Extend the period for the past two years, particularly in the type of property you are looking to sell. You need to know data such as the number of units or properties sold, the average price range of those properties, the ratio between the list price and the closed out sale, the average period when the property lies idle in the market. It’s very easy to influence the figures by just taking the listing down and uploading it again thereby rebooting the number of days the property has been up in the market. Also, you need to have different standards in relation to location as properties located in attractive locations tend to sell more quickly. ...
... You want Toronto realtors who can provide you with references to verify their claims.

How many are your clients now?

This is potentially a Catch-22 situation. You want a realtor who has many clients because that speaks volumes about this expertise and skill. The property market is quite a small industry and reputations tend to travel very fast.
Toronto condos realtors representing many clients could be very busy to attend personally to your own needs, aside from fetching above average commission. You need to have your priority on straight. Will the realtor be handling personally your listing and making the right calls, or your account will be assigned to an underling? This is not an uncommon practice but you still have to know that your account will be in good hands, not some realtor in training.

How do you plan to sell my unit?

This is a good question because of two reasons: one, you can test the realtor’s skills and whether or not he knows what he is talking about. Second, you will have a good idea of the strategic and marketing plan for your unit and offer your own inputs as well. The best Toronto realtors should be able to present you with offline and online marketing strategies to reach the most number of buyers.

Robert J Wilk is an expert author and has written so many articles on
Condos For Sale In Downtown Toronto and pre construction condos toronto.