Finding the right Realtor

By
Home Inspector with Bay Area Home Inspection, LLC WI 739-106

Lone shining light

 

Over the years I have bought 6 homes and sold 4. Here are a few things to consider when choosing a realtor to work with to help you buy your first, or next home.

1. Lay out your expectations, and see if you and the realtor are well matched. If not, find another one. It is important to have realistic expectations. Don't expect them to show you 50 houses.

2. Exclusive buyer agent contracts are fine, a good idea actually, but do your homework before signing one. How available is the realtor? Will she/he show me homes that just come on the market, or only those that fit a specific price range or home style or location? If you know exactly what your looking for, a narrow search may be warrented, but if your just looking for a home big enough for your family at a good price, you should have the opportunity to see a good selection, with various parameters.

3. Experience is important. Check on-line for reviews and talk to friends and relatives to see which Realtor they used, and what the result was.

4. The realtor should be on top of current technology. If he/she is truly old school, that's fine if you want to look at all the homes in the MLS book. If, however, you want an 11pm text when that  home you liked, which had an offer on it, fell through and is now available, electronic communication is quicker and more dependable.

5. Your realtor should suggest that you put a 14 day Home Inspection contingency in the purchase agreement. Some, won't and others will suggest 10 days. Usually, 10 days is not enough if the home is vacant because utilities must be turned on. You should personally choose the Inspector, and do your homework carefully. Anyone else suggesting which Inspector to use, especially if they have a financial stake in the purchase, may. or may not find you the best inspector. Do this part yourself.

6. One last thing, Good buys come and go. They are not often available, so be ready when they come.

 

Hope you have a great Thanksgiving weekend!!!

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Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Walt - nice to hear ideas from a non-real estate agent. They pretty much jive with mine, except most buyers want me to suggest an inspector; I line one up before making an offer so we can safely go in with 2 or 3 days contingency.

Nov 28, 2014 09:43 AM #1
Rainmaker
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Walt Fish
Bay Area Home Inspection, LLC - Marquette, MI
Upper Michigan's Most Experienced Home Inspector

Hi Lottie,

I appreciate your comments!

Yes, I know lots of people do ask their realtor to suggest someone. Michigan has no standards for home inspectors, so it's difficult to vet them. In my view, the buyer should check to see what certifications the inspector has, how and where they were trained, if they are licensed as a home inspector in another state, how many years they have been an inspector (without another job), what ancillary services are offered, what kind of report is completed, and with how many pictures.

You get sellers to turn on the utilities before you have an offer?

Nov 28, 2014 09:53 AM #2
Ambassador
2,955,154
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

My buyer clients LOVE the technology my site offers that updates from the MLS every 15 minutes for what is available or not.

Nov 28, 2014 10:27 AM #3
Rainmaker
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Walt Fish
Bay Area Home Inspection, LLC - Marquette, MI
Upper Michigan's Most Experienced Home Inspector

Awesome Tammy!

 

Nov 28, 2014 10:33 AM #4
Rainmaker
1,676,330
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

Walt,  a refreshing read today which is well thought out and dead on of our experiences.

Nov 28, 2014 10:05 PM #5
Rainmaker
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Walt Fish
Bay Area Home Inspection, LLC - Marquette, MI
Upper Michigan's Most Experienced Home Inspector

Thanks Winston

Nov 29, 2014 12:35 AM #6
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Rainmaker
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Walt Fish

Upper Michigan's Most Experienced Home Inspector
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