Have a written contract in place: A contract is vital in any business deal. Hence, it should have details such the location of the sale, your payment date, how much the firm will be charging and many more. Never engage the services of a firm that does not provide a contract. Additionally, make sure you obtain a copy of the agreement after signing.
Contact their clients: Request for contacts of their present and past clients. This will enable, you get first-hand reliable information on the firm. Consider asking key questions such whether they liked their services, what they did not like in the transactions, what they would change if they had the chance again and many more.
Ask around for referrals: Institutions engaging in estate transactions are popular because of the demand for their services. Hence, it will be easy to get their contacts from family, work colleagues, and other associates. This is because they might have engaged in a similar transaction before and better placed to recommend the best in the field.
Pay them a visit in the market: Consider visiting them when they are selling their products and see them in action. Be keen on their business setting, how their staff interact with people in the market, are they respectful to potential buyers and their efficiency in the market. While doing all these, do not reveal yourself to them.
Do some thorough check on the firm: Before contracting the agency, ensure that you obtain all the relevant information about them. Visit the internet, local business bureau or any professional body that regulates the business. Be keen to note whether they have engaged in unprofessional misconduct such swindling money from their clients. In case you notice any, seek for further clarification from them.
Confirm the tax fee on the transactions: Majorities of transactions that involve the exchange of money attract taxes. As a result, confirm whether there are any taxes to be paid, how they are to be paid and the procedure that is involved. This will ensure that you meet your obligations as a taxpayer apart from being able to calculate the final amount raised.
Carry out an interview: After narrowing down the potential firms, have a face-to-face interview with them. As a result, prepare yourself with questions you will want to be answered. In addition, request for their credentials, customer feedback, and their performance ratings in the market. Similarly, this will provide you with the opportunity of showing them the things you want to be liquidated.
Lastly, inform them of any adjustments: Estates sales companies make profits from the commissions they charge on properties sold. As a result, after the recruiting interviews ensure that you make it clear to them the properties that are for sale and the ones that are not for sale. This will ensure that they make the necessary adjustments concerning the final fee.
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