When looking to buy a home, your real estate agent is going to be your right-hand person. This means that you’re responsible for conducting as much research as possible. You’ll need to Google, read reviews, call references, and (importantly) interview. That is, if you want the home buying process to go well.
Here are some important questions you should ask before hiring a buyer’s agent.
How long have you been an agent?
Generally, but not always, more experience is better. But there are other factors that make an agent work for you, like chemistry, communication, and contacts. It’s also good to ask to see their license. You can never be too sure!
How many deals have you closed in the past year?
If they’ve closed lower than 10-12 in the last year, they are closing at a below-average rate for all agents. You may want to keep this in mind.
Do you work as a full-time or part-time agent?
The answer to this question is very telling. A part-time agent probably won’t be as dedicated to you as a client or treat you as a priority. A full-time agent is dedicated to you and their career in real estate. Check out our article on Why You Need a Full-Time Agent for more information.
Do you have more experience with buyers or sellers?
If they specialize in buyers, this experience can work to your advantage. However, having mixed experience can also give you an edge because they understand how both sides will act in the transaction.
Have you helped buyers find homes in this area? In this price range?
Each area and price range is essentially a market in itself. Each range has their buyers with specific needs and their homes that deliver. It’s best to work with an agent who is an expert in the area and price range you’re looking to buy in.
Who will I be working with? How easy are you to get in touch with?
It’s important to know how accessible an agent is. Will you be communicating through an assistant or team? Try to get a sense of how the communication process will work and how dedicated they are to getting in touch with you when you need them. If they put you on hold or blow you off, it could make or break a sale.
How are you going to make me stand out in this market?
Buying a home is competitive. You need to have an edge over the other people who are putting offers on the home you want. Your agent needs to have a concrete plan to make you stand out from the crowd.
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