Questions You Should Ask a Real Estate Agent When Selling a Property in Islamabad

A property sale requires effective communication between both the seller and the real estate agent. It can only be done by asking the right questions. In this article, we have made a list of the questions that you should ask the agent when selling a property in Islamabad.

It helps the sellers to ensure that they have chosen the right property dealer in town. Moreover, the agents will also get a better understanding of the seller’s needs.

The lists of some important questions include:

• What are your charges?

• Have you made any successful sales in this area before?

• What is the best time to sell a house?

• How long does it take to sell a house?

• How will you market the property?

Find the best platform to solve these queries. It can be done by arranging a face to face meeting with the agent at his office. However, you can also access him through the phone.

 

Let’s continue by answering the questions.

1.       What Are Your Charges?

It is better to discuss the charges at the beginning to avoid any future disagreements. The charges of real estate agents may vary in different cities. Here, we have mentioned the rates of the three main cities of Pakistan.

Karachi: The commission rates in Karachi are fixed at 2 percent of the total selling price in cases where a property is under PKR 1 crore.

Lahore: In Lahore, the commission rate lies between 0.5 to 2 percent of the selling price. Most of the agents have a fixed rate of 1 percent.

Islamabad: The commission charges in Islamabad are around 1 percent of the total property. However, they may range between 1-2 percent when selling a property in housing schemes like Bahria Town, DHA, Blue World City and Capital Smart City.

 

2.       Have You Made Any Successful Sales in this Area Before?

It is important that your agents should have familiarity with the area of your residential property. Make sure that they are active in that area and also know the local property market.

It can provide you the following benefits:

• The agent will have an idea about the people who are searching to buy a property in that area.

• They can comprehend the market demand and supply.

3.       Is it the Best Time to Sell a House?

Real estate markets are always facing fluctuations. Therefore, it is important for the agents to know about the right time to sell your property.

4.       How Long Does it Usually Take to Sell a House?

A seller should ask the agent about the average time period of selling a house. It is also important for them to plan their moving process accordingly by finding another house.

 

5.       How Will You Market The Property?

It is the right of the property owner to know how the estate agent will market his property. Nowadays, different social platforms are used for effective marketing.

Remember that the agents will appreciate your concerns if you ask them in advance. However, try to limit the questions as they are busy handling several clients. Keep in mind these valuable tips when bringing up your queries to professional agents.