Real Estate Agent

  Home  Agencies  Real Estate Agent


“Real Estate Agent related Frequently Asked Questions in various Real Estate Agent job interviews by interviewer. The set of questions here ensures that you offer a perfect answer posed to you. So get preparation for your new job hunting”



97 Real Estate Agent Questions And Answers

41⟩ How long have you been in the business? Is this your full-time job?

Full-time, experienced people generally are the way to go, although there may be nothing wrong with folks who have less experience but know the area very well.

Part-time agents are the best option only if you are looking to buy a home and don't want your search to be too active, the kind of thing where you are moving slowly, happy to see the occasional home that might spur you to act. The problem with part-timers is that they are not always going to be available when you need them. Remember, too, that a real estate agent's life heats up when a sale is pending; if she squeezes in business between a lot of other activities, she may not have sufficient time to handle the demands of the deal at its most delicate time.

 146 views

42⟩ What methods of communication do you utilize?

One of the biggest complaints that buyers have when it comes to their real estate agent, refers to communication. Whether it is lack of communication or the method, this is an important question to ask. If you prefer to have your buyers agent text message you, it is critical to find out if the potential buyers agent text messages or not. The same can be said for e-mailing as well.

If your desired communication method is not one that is mentioned by the buyers agent, it could potentially lead to issues down the road.

 147 views

43⟩ What experience do you have in selling homes in my target areas?

Each village, town, and city will have their own property values as well as real estate "trends." In most communities there are some areas that houses are listed and sold within a week of being listed and others that take a couple months. A buyers agent should be able to advise you on what property values and market trends you should expect from your target areas.

Additionally, they should be able to help point you in the right directions to help you determine if the neighborhoods are the right place for you to purchase a home.

 134 views

44⟩ Do you require a pre-qualification or pre-approval before looking at homes?

Mortgage and financing is a very popular subject when buying a home, especially for the first time. When interviewing a buyers agent, this is a good question to consider asking. The responses that will be received will vary, however, a great real estate agent will answer this question with a resounding "yes." It's critical that when buying a home, a buyer gets pre-approved before looking at homes.

A buyers agent who shows dozens of houses before getting a buyer pre-approved (or at the very least, pre-qualified) is doing a huge disservice to that buyer. It's important that a potential buyer has a strong grasp on the type of financing they qualify for and the amount they qualify for and bottom line, if they are able to purchase a home at that specific time. This can help eliminate disappointment, heartbreak, and also save the a buyer lots of time!

 126 views

45⟩ How much do you charge? Are you willing to negotiate?

This is an important question. You are not looking for the cheapest agent with this question, you are interested in what is included in their fees! You are looking for a good negotiator and value for money - a good agent will be able to confidently justify their price.

Commission levels vary widely depending on location and state, and there are other ways to negotiate the structure - see our tip below for the latest statistical report on average real estate agent commission to give you a better understanding!

 149 views

46⟩ Real Property Agent Interview Questions

► How does your experience and training qualify you for this job?

► What is the KEY item of importance when negotiating on behalf of the County?

► What is a deed of trust?

► What is a reconveyance?

► Tell us about the role you've played in a major purchase?

► What is a permit/license?

► What experience do you have with concessions?

► Describe pre marketing strategy?

► Describe your experience in working with attorneys?

► How do you interpret an appraisal?

► What are the important items in a lease?

► Name the essential items to protect the County in a purchase?

► Do you have anything to add?

 128 views

47⟩ Sample Real Estate Agents Interview Questions

► What is your plan to attract new clients to this office?

► Have you ever refused to work with a buyer?

► Who was the most demanding client you have worked with? Were you able to meet his/hers needs?

► What was the last CE course you completed?

► This agency will not provide any money toward your advertising costs. What is your advertising budget and plan?

► Has a broker ever asked you to remove your license from their office?

► How would you attract millennial buyers to this agency?

► Describe your experience with using the MLS.

► Do you have experience getting clients through social media?

► Describe your network in the community. What is your plan to make it even stronger?

► Have you ever worked with another agent (for the buyer or seller) on a deal and been asked to do something you knew to be unethical? How did you handle it?

► Describe your ideal office environment. Do you need a lot of support and resources from a broker?

► How many homes did you sell last year?

► Why did you choose a career in real estate?

► What is your experience working with first-time home buyers? What are some of the biggest challenges involved?

► If you don't make a sale for 6 months, do you have a plan in place to get by until then?

► Are you familiar with client management software programs?

► How many listings did you bring in last year?

► What steps have you taken to increase your personal brand awareness?

► What would your last broker say about you?

► For the sales you made last year, what was the average number of days between getting the listing and an accepted offer?

 127 views

48⟩ Do you have a feedback system and if so, how does it work?

Anyone that I know that has ever sold a home will want to find out how potential buyers feel about the house. The Realtor you hire should be prepared to call the buyers agent after the showing to find out if the buyer has any interest and if not what their impression were both positive and negative.

 143 views

52⟩ How accessible are you and how often will you contact me?

One of the biggest criticisms about agents is a lack of communication. Make sure your agent knows what you think is an appropriate level of communication and that you want as many contact numbers as possible. If they do give you their home number, please be considerate of how you use it.

 130 views

53⟩ How long have you been a licensed real estate agent?

This question is one that cannot be missed. Experience in the real estate industry is important. The longer a real estate agent has been selling real estate, the more transactions they have likely completed. It's not impossible, however, that a real estate agent who has been in the business for two or three years and has done enough transactions to fall into that 20% group!

 169 views

54⟩ How many years have you been involved in real estate?

Ideally you want a career real estate agent that has been in the industry for at least 2 or 3 years. Or at least you want to make sure that they are under the direct supervision of someone with 3 to 5 years of experience.

 128 views

56⟩ How will you market my home?

There is a lot more to marketing a house than putting up a for-sale sign on the lawn. In addition to MLS, on how many websites will your agent list your home? Where will he or she look for buyers? A good marketing plan can be what makes the difference between a speedy sale and a home that languishes on the market.

 129 views

57⟩ What's the price range of most of the homes you have sold?

ou probably already have a ballpark figure in mind for your home's price. Does the agent typically represent homes in that price range? If most of the homes the agent sells are in a far higher - or lower - price range, he or she may not be as familiar with how to market your home.

 132 views

58⟩ What are you going to do to help the house sell?

The Multiple Listing Service is a no-brainer. You want to find out if the rest of the advertising will consist of newspaper ads, exposure on a local television show, glossy advertising giveaways or, maybe, a radio transmitter that lets passers-by get a description of the house 24 hours a day.

Agents are paid to market your house; if they don't have a marketing plan, you'd be better off doing this yourself.

You also want to know if they will help you "stage" the home for sale, either themselves or by bringing in an expert, possibly for an additional fee. There are plenty of things you may love about your house that a professional seller will tell you are turn-offs for would-be buyers. Will your agent give you suggestions, or will she get in the trenches with you and help you dress things up to put the best foot forward in an open house?

 125 views

59⟩ How long have you been a Real Estate Agent for?

In this industry, experience definitely counts - but that doesn't mean that the agent who has been around the longest is the best one for you. What you are looking for is someone who has had enough experience to handle all aspects of the sale, combined with the enthusiasm and motivation required to secure a buyer for you.

 140 views

60⟩ Do Name-Brand Firms Matter?

All member agents have access to the Multiple Listing Service, so bigger does not necessarily mean better when it comes to your agent's firm. Supply and demand in your market, the property itself, and the initiative and energy of the agent will determine how quickly your home sells more than whether an agent runs a one-person shop or is affiliated with the local office of a giant national chain.

At the same time, one key factor for any agent is his contacts. If you are a buyer and you hire someone from the firm that has the most listings in the area, you are likely to get a chance to see those houses before they appear in the Multi-List. In a tight market, that can be an advantage.

There is no guarantee that the bigger firm does more business in your area than the mom-and-pop shop, so the agents there don't necessarily have more pull with local bankers. They may have more pull with the local media, however, if they have a big advertising budget; that can lead to better display in the paper, access to television shows spotlighting area homes, and more. And although no one at a big firm would ever admit this, it's no secret that some big firms encourage agents to show prospective buyers the firm's listings first, meaning that a pool of prospects may see your property only after all of the alternatives have been reviewed.

The brand-name shops establish their reputation in your region not because of what happens at the national office, but because of what happens right there in your town. In the area where I Iive, for example, Century 21 seemed to handle half the listings when I moved to town, right up until its primary agent hung out her own shingle with a different firm. Now that firm which had no local presence when I moved to town is a big deal. The moral of the story? It's about the people more than the firm.

 122 views