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Just for fun...
...pick some of the following 20 questions to find out if your potential broker is the right one for you. I hope you'll pardon the shameless self-promotion, but we can think of no other way to impress upon you how important it is to have the right person handling the details of your family's affairs.
If you get too many "Uh..."s then you might want to think twice before picking them to handle your property. After all, if they can't handle these questions well, just how well are they going to handle the real time questions or objections, from potential buyers? How well are they going to handle negotiating on your behalf? Will they know what is happening when it is actually happening?
1- Do you live in the area?
2- All the time?
3-What have you sold, recently, and can you spell disclosure for me?
4- Do you know what joist is? A Plinth?
5- What's the current code for a joist? and in North Haven?
6- Do you know what a wetlands indicator is,
and can you identify one for me?
7- Can you amortize my buyer's mortgage for them...all by yourself?
8- Do you know what a back door is? In a contract?
9- How do you qualify your prospects without being rude?
10- How long will it take for me to get my house up on the internet?
11- Have you ever heard of a domino deal?
How would you structure one for me?
12- What's the definition of a fixture?
13- How do you measure the square footage of a house?
14- Have you ever been involved in a bidding war?
15- From every different perspective? How many times?
16- What's the first thing an engineer looks for? Why do you suppose?
17- Do you know what the Income Approach is?
How would you build mine?
18- When would the answer to #18 mean
the difference between "In Contract" and "SOLD"
19- Have you ever built a house for a dollar? How many times?
20- This is a great one for your potential broker...
"Are these questions making you nervous?"
If they can't handle most of these questions really well, just how well would they handle a potential buyer's questions or objections, (with your money at stake...)???
What about all the subtleties of negotiations? Nobody is perfect, but can they handle it for you reasonably well? Forget about the big corporate name on their card, because it is the agent that will be negotiating for you, not the big corporate name. This agent might have help available to answer a question...but do you want someone that needs help... in the moment they need it?
Feel free to call Simon or come by Simon Harrison's Hamptons Office for answers to these questions, and why they could be very important in determining who might be your best candidate.
SimonTheBroker@aol.com
(631) 725-4357
(917) 822-6652
Fax # 899-3998
...directly on The Long Wharf
in Sag Harbor, NY, 11963
SimonTheBroker@aol.com
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