Buyers: It is a good idea to have a REALTOR® representing you when you purchase a home. True, you can search for homes online and even view homes with the listing agent or the seller, but a REALTOR® can help you to navigate the often tricky waters of negotiation, inspections and legal aspects of a real estate contract, especially if you are a first-time homebuyer.

Here is a list of things you should ask your Buyer Agent. Of course, this list is not complete - you will have questions of your own that you might want to ask - but it's a good start! Your REALTOR®'s answers may affect you differently than they would affect another buyer. There are no "right" or "wrong" answers to these questions. However, they are answers that you should have to determine how comfortable you are personally with your potential REALTOR®.

1. Are you a REALTOR®? Not all real estate agents are REALTORS®. A REALTOR® is a member of the National Association of REALTORS® and is honor-bound to follow a strict code of ethics. Real estate agents who are not REALTORS® are not governed by this code of ethics.

2. Do you work with mainly Buyers, or do you also work with Sellers?

3. If you show me one of your listings and I decide I want to make an offer, how will you handle that situation? When one agent handles both sides of a transaction, this is known as "dual agency." Each brokerage has its own policies for dual agency situations, and it's a good idea to know what they are.

4. Will you show me properties that offer a lower-than-average commission? Sometimes foreclosure properties may offer lower-than-average commissions, and sometimes sellers instruct agents to offer lower-than-average commissions.

5. How well do you know the area in which I want to buy a home? How many clients have you shown properties to in this area? How many homes have you sold in this area? You want to make sure that you are using an agent who not only appeals to you personally, but who also knows the area in which you are interested in buying.

6. How many active buyers are you working with right now? This can vary by agent. It doesn't necessarily matter for you to be their only actively-looking client - you just want to make sure that you are as much of a priority as other clients. Many REALTORS® can be quite good at juggling multiple clients. It's just a good idea to ask!

7. Do I need to sign a Buyer Brokerage Agreement with you? A Buyer Brokerage Agreement is an important tool that helps protect both you and your REALTOR® - for more information on how it does this, please click here.

8. What professional or community organizations do you belong to? Oftentimes, knowing your REALTOR®'s community and professional involvement can help you determine what strengths she has and whether her values are in line with your own. This is important to some, not so important to others.

9. Have you earned any professional designations? If so, what are they? Professional designations are a sign that your REALTOR® has taken additional coursework - often extensive educational committment - above and beyond the initial real estate license test. This can show a dedication to her career and profession.

10. How much of your business is from referred clients? Meaning, how often are your customers so happy with your service that they give your name to family and friends. Many REALTORS®, including The Gebhardt Group, pride themselves on being referral-based business, which makes a high level of client service the most important part of the job!

This list is by no means conclusive, but it should put you on track to asking your Buyer Agent questions that will help you to get to know how she works and whether or not you want to work with her.

There are also a number of questions that your potential REALTOR may ask you before you start to work together. Click here for some of those questions, so you can be prepared!

And for more information about buying or selling a home in Johns Creek or elsewhere in the North Metro Atlanta area, please call The Gebhardt Group today!

 Subscribe to The Gebhardt Group's Real Estate blog today!

Maura Neill, ABR, CRS, MA
The Gebhardt Group
RE/MAX Greater Atlanta
10220 Medlock Bridge Road
Johns Creek, GA 30097

(770) 238-0595
email: Maura@GebhardtGroup.com
website: http://www.GebhardtGroup.com/
blog: http://www.GebhardtGroupBlog.com/


Page copy protected against web site content infringement by Copyscape 

 
This post has been included in Georgia Information Fulton County, GA Information Johns Creek, GA Information
Post is included in group: The Single Home Buyer and Seller
Post is included in group: RE/MAX Active Rain Bloggers
Post is included in group: Realtors®
Post is included in group: Building Your Niche
Post is included in group: Agents who want REFERRALS!

8 Comments on Buyers: 10 Important Questions to Ask Your Buyer Agent . . . And Why!

FEB
18
Localism Sponsor

Very good questions.

12:06pm • #1

This is great information.  I like #1 especially, because the average person thinks they are all the same and wouldn't have a clue to the difference.  I know in the beginning I didn't. 

Bonnie

TheHomeInpsectorswife

12:22pm • #2
1 Featured Post

Hi, Brenda! Thanks for taking the time to read and comment!

Hi, Bonnie! I think the difference between a REALTOR® and a non-REALTOR® is one of the most important distinctions in our profession! I definitely think it's important - thanks for commenting!

~Maura Neill

2:51pm • #3
MAR
05
168,619 Points 2 Featured Posts Outside Blog

It's up to us to educate the consumer on the difference between a Realtor and an agent who is not a Realtor.  Great point.  Bookmarking this one for future reference.

9:54am • #4
MAR
06

I find this article informative…thank you for clearing things up regarding about Realtor and Agent :)

real estate investor
5:23am • #5
1 Featured Post

Hi, Donna! Thank you for taking the time to read and to comment. And of course, thank you for Bookmarking. Have a great day!

Hi, Allinvestor! Thanks (but please don't put your links on my blog - it might be a better idea to create an account and then you would automatically be linked when you comment).

~Maura Neill

9:50am • #7
MAR
14

Thanks for Suggesting to create an account Maura Neill

 

real estate investor
2:55am • #8

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

The Gebhardt Group - North Metro Atlanta Real Estate

Alpharetta, GA

More about me…

RE/MAX Greater Atlanta

Address: RE/MAX Greater Atlanta, 10220 Medlock Bridge Road, Johns Creek, GA, 30097

Office Phone: (770) 751-5895

Cell Phone: (770) 355-3438

Email Me


Locations of visitors to this page Page copy protected against web site content infringement by Copyscape



<!-- Start of StatCounter Code -->
free hit counter
<!-- End of StatCounter Code -->

Discount Shopping


like what you've read, click here to give this author a higher rating at blogskinny.com

Create blog

Blogarama - The Blog Directory
DISCLAIMER: The Gebhardt Group and all of its members disclaim liability for any damages or losses, direct or indirect that may result from use of or reliance on, information contained in their blogs or for accuracy of comments or opinions of visitors to her blogs.


Links

Archives

RSS 2.0 Feed for this blog

Find GA real estate agents and Alpharetta real estate on ActiveRain.