Buying or selling in the real estate market for the first time can be very confusing without an experienced professional to guide you. With a qualified real estate agent, you won’t need to face this brave new frontier by yourself. In this post, we cover everything you need to know before you choose a real estate wholesaler.
What questions should you ask a wholesaler before you choose?
There are a few staple questions you should always ask before you choose a real estate wholesaler, or shortlist them. These questions will help you effectively weed the professionals from uncooperative agents who might disappoint you or corner you into making a deal you are not comfortable with.
- How long have you been a real estate business?
- Do you work with a team, or do you operate alone?
- How many hours a week do you work?
- Do you have any complaints filed against you by a former client to the state department of real estate?
- How many sales or buys did you close on average every year?
- What’s the value of my home ?
- How well do you know the market you are buying or selling to?
Tips to help you choose a real estate wholesaler you are comfortable with
Start out with at least three wholesaling companies: Interviewing at least three individuals will provide you with adequate diversity. It will help you get a feel of what you like and don’t like, and you won’t just end up settling for less.
Get a referral from someone you know
Talk to homeowners whose opinions you trust, and ask them for recommendations. In most cases, the agents they refer are just as promised and will usually go above and beyond to prove themselves to ensure they get referred again in the future.
Communication is key
If a wholesaler doesn’t just feel right, don’t hire them no matter how eloquent or impressive they may appear. Communication between you and the agent will always be more important than their resume. If you find it hard to talk to a wholesaler or you feel they are not dedicated to helping you, it’s better to end the interview and extend your search.
The real estate market is very complicated and volatile. You need someone you can trust to help you navigate it. Always do your due diligence before you choose a real estate wholesaling company.