So, you want to buy a home. Congratulations! Now how do you select an agent
to help you through the process? A good place to start is to asked for
recommendations from friends or coworkers that may have recently purchased a
home. Make sure that the transaction went smoothly for them and that they liked
the agent that they worked with.
You now have some names, what is next? I would suggest making phone calls to
the agents. Here are some questions to ask.
1. How long have they been selling real estate? It is a good idea to work with
an agent that has some experience. Many people feel like the more
experience the better. I would say that the agent should have done a
minimum of 25 transactions. National Association of Realtors statistics
show that the average agent sells 8 homes a year. So that means an agent
with at least three years of experience or less if they sell a lot of homes
2. Make sure that they are an agent that works full time. You do not want an
agent that has real estate as a second job.
3. What price range do they most commonly work in? What communities to
they usually sell homes in? You want to make sure that they work in the
price range and area that you want to buy in. If you are interested in buying
a home price under $400,000 and they usually work selling homes above
$400,000 and not in a town that you are interested in buying in, that is not
a good fit for you.
4. Can they represent you as a Buyer’s Agent? An agent that represents you
as a Buyer’s Agent has a fiduciary responsibility to look out for the buyer’s
best interest through out the transaction. That is important. You do not
buy a house every day and you need that person who is trained in real
estate helping you through the process.
5. Do you like the agent? Do you feel comfortable with them? Do you feel
heard and listened to when you talk to them?
Asking these questions and interviewing agents gives you the best chance of
getting the right agent to work with that will get the job done. Keep in mind
that hiring an exceptional Realtor will go along way in you being happy and getting the terms and conditions you are looking for in the purchase of your