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I'd ask about their sales record. I would want to know what price they'd put on my home and how they came to that conclusion. I would need to know what the sales commission would be.
What plans are there for any ads? Will my home be listed on real estate web sites? How will you describe my house. Are any improvements required in order to get the going price?
I'd want to know about a plan B in case it doesn't sell after a while.
I agree with waterlily. In addition, ask them how they leverage the agents at other firms so that your listing gets more showings.
While the agent you list it with would like to sell it themselves, if they do their job and make sure the other firms in their MLS know all about your property, then it's like having hundreds of other salespeople working on your behalf.
Whatever you do, don't list with the agent who gives you the highest price unless they can really justify it. Going to a seller and listing their property for more than it will appraise for is known as "buying" a listing. It just creates a bad situation for potential buyers who won't be able to get a loan and for the other agents who won't show it if they don't think it's priced right.
What their commission rate is, how they will market the home, if they only bring qualified buyers through (as opposed to lookie loos), if they have sold in your area, etc.
Make sure you find out how many listings the agent currently has and how many years he/she has been a realtor. Also, ask if they sell RE full-time. Some try to do it as a part-time job (stay away from those!).
I would also expect to see a full blown presentation with plenty of comps, how they are going to market your home, etc. A reputable co. will require this of agents.
Once you do hire someone, make sure they take great photos and put them up on Realtor.com, NOT JUST the MLS. Only agents have access to MLS. It doesn't help much when the average buyer looks on Realtor.com, as we all know from looking ourselves!
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