How savvy are you about real estate? Take our quiz.

You hire a real estate agent to help you buy or sell your home, your largest financial asset, but how do you know if he’s doing his job well? Even more worrisome, how do you know his financial incentives are aligned with your interests? As we show in our new book Inside the Sell, the best way to navigate the potential minefield of residential real estate is to find a great agent, but consumers are often asking the wrong questions. Take our quiz to test your real estate savvy:

11. Your listing agent urges you to respond to an offer immediately. That’s:

Jonathan Ernst/Reuters/File
A US flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington in this August file photo. A great real estate agent can make all the difference in buying or selling a home.

A great negotiating tactic

A poor negotiating tactic

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