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Good Questions to Ask Your Estate Agent

When planning to sell your property, you want to meet a valuable buyer within the shortest time possible. However, this may not be easy, especially when you lack experience in the real estate industry. 

 You’d want to consider working with a realtor to ease the process for you. Here are the common questions that you should ask your real estate agent. 

 How much fee do you charge? 

 Real estate agents often charge fees for services rendered. The fees can be a certain percentage of the property value or depending on your agreement with the realtor. Some real estate agents charge a fixed upfront fee, which can be risky since you may lose money if the agent fails to sell your property. 

 In this case, you might have to pay two agents if the first one failed to sell your property. This can be a substantial financial loss. So, ensure you know the agent’s fees, and you make informed decisions. 

 Will I have to pay other costs?

 Some agents often have hidden charges that you may not be aware of if you do not ask. You may want to assume that you only owe your agent a commission. But you will be surprised when the agent expects you to pay additional costs. 

 To avoid confusion, ensure the agent clarifies whether you will need to pay other costs apart from the commission. While some agents have all costs catered for under the commission, others charge separately. 

 How will you get a valuable buyer?

 This question can help you know the kind of person you’re dealing with. The agent should show that he/she is capable of selling a home no matter its value and type

 Let your agent give you practical strategies for getting a buyer for your property. Find out the channels the agent uses to advertise houses and how successful such channels are. 

 How fast can you sell my property?

 Whether you want to sell your property faster or you’re not in a hurry, it is vital to know when the agent can close the deal for you. This will help you plan well, especially when you plan to move to a new location or use the money for other things. The agent should tell you how long it takes to sell a home similar to yours. 

 What Type of Contracts Do You Issue?

 Real estate agents provide paperwork and contracts once you agree to work together. Ensure you find out the type of contracts used by the agents. Below are the several types. 

 • Sole Agency: This contract means that it’s only your agent allowed to sell your property and not any other agent. However, you can also search for a buyer yourself, but the buyer should not come from your agent’s marketing activities. 

 • Sole Selling Agents: This contract states that your real estate agent has the sole responsibility of looking for a buyer without another party’s involvement. If you have someone who wants to buy your property, you shouldn’t include the buyer in the contract terms. 

 • Joint Agency: This contract allows you to have more than one agent, often two, to look for a buyer. Once the property gets sold, the agents share a 50/50 commission. In some cases, the agent who found a buyer can get a slightly larger share. It is worth noting that fees for this contract are higher than sole contracts. 

 Multi-Agency: In this contract, you can work with as many agents as possible. But you will only pay commission to the one who successfully sells your property. The commissions for this contract are higher, but its significant advantage is that realtors compete with each other, and you can be sure of getting a buyer within a short time since every agent strives to close the deal and earn a commission.

 What other similar properties have you sold recently? 

 This is a critical question showing that the agent is serious and active in the business. It also indicates that the agent has good knowledge of the local market and can help you get the best deal for your property. 

 Using an agent who sold a property recently can help you find a buyer since such agents often have a list of potential buyers. 

 The Bottom Line

 Use the questions above to help you identify the best real estate agent. You want to ensure that you sell your home within your expected timeframe and at the best price worth your property’s value. 

Best and Affordable Universities around Denver, Colorado

There are several top universities around Denver, Colorado. They offer several competitive programs, extracurricular activities and have a competitive admission process. If you are looking for a good University around Denver that is affordable, look at the following universities. 

The University of Colorado Denver

 The University was founded in 1912 and is now the largest research University in Colorado. The campus is approximately 126 acres and has an undergraduate enrolment of about 15,818 students. The college offers more than 130 areas of study for students to choose from. 

 It’s good to note that the University has two main campuses, the CU Anschutz Medical Campus and the CU Denver campus. The Denver campus has four major colleges and two schools. In contrast, the Anschutz Medical Campus has one college and five different schools. 

 It also has more than 100 campus organizations and intramural sports to keep its students engaged. Interestingly, the school’s tuition fees for in-state students are around $9800 annually. Each year, the school offers about $30 million as scholarships and grants to incoming first-year students.

Colorado School of Mines

 This is a public institution that was established in 1874. The school has an undergraduate enrollment of about 5154 undergraduate students offering 16 accredited degree programs for you to choose from. It offers classes of less than 20 students and has a semester-based academic calendar. 

 The school mainly specialized in engineering and applied for science programs. It has more than 14 academic departments and provides research opportunities for both undergraduate and graduate students. 

 Students can choose to join its more than 200 student-based organizations or its intramural sports teams. The school is also very affordable, with annual tuition fees of approximately $19100 for in-state students and around $39800 for out-of-state students. 

Metropolitan State University of Denver

 Situated in an urban setting, the University covers approximately 127 acres of land and has an undergraduate enrolment of around 19194 students. The University offers more than 82 distinct undergraduate degree programs for students to choose from. 

 The University utilizes a semester-based curriculum and provides its students with more than 120 student organizations and several varsity sports teams to engage in. Interestingly, the school is less selective, with an admission rate of 61%. 

 If you are looking for a very affordable school, this one is good for you. Its tuition fees for in-state students are approximately $7666, and for out-of-state students, it is around $20847. The school also provides good packages for grants and scholarships to eligible students. 

Regis University

 Regis is a private University that was founded in 1877. It utilizes a semester-based calendar and has an undergraduate student enrolment of about 3500. The school offers 11 accredited degree programs with a student-faculty ratio of just 12:1.

 It is organized into five colleges, each different offering disciplines. Students can also engage in student government and its different clubs and organizations. Interestingly, the school charges a flat fee of approximately $38000 annually in all its undergraduate majors. 

 Remember, your choice of University has a major impact on your career and general progression in life. Consider having a look at these universities that will provide you the best education at an affordable price.