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Questions For Real Estate Agents When Buying a House

By
Real Estate Agent with RE/MAX Executive Realty 91362

Some homeowners will take the time to interview multiple real estate agents when selling a house. This is rarely the case when it comes to home buyers.

Usually, a buyer will run into a Realtor at an open house or possibly get a referral from friends or family.

Interviewing a Realtor with questions when buying a house is a wise move but often ignored. When no effort is put into working with an exceptional real estate agent, the results might not be what you hoped.

There is a significant amount of dissatisfaction in the real estate industry. I know this, having been a Realtor for the past thirty-eight years.

Choosing a listing agent is primarily centered on providing excellent real estate marketing. A buyer's agent selection should be much different.

So, how do you find the best buyer's agent? Let's look at ways to land that agent you can put on a pedestal.

Finding a Top-Shelf Real Estate Agent For Home Buyers

When finding a top local Realtor, you can take several key steps to ensure you make the right choice. First, do thorough research and check for any certifications or accreditations the agent may have. This will help verify their expertise and professionalism.

You can seek recommendations from friends, family, or colleagues who have recently bought or sold a property. Their personal experiences can provide valuable insights into the Realtor's reliability.

But - don't just hire one!

Consider interviewing multiple Realtors to gauge their knowledge and communication skills. Don't hesitate to ask for past clients' references to better understand their track record and customer satisfaction.

Once you have found a few candidates that seem like they could be great to work with, it will be time to ask relevant questions.

Here are the questions you should ask when buying a home.

How Long Have You Been a Realtor?

While everyone's career starts somewhere, it doesn't mean you need to be the guinea pig. You should look for an agent who has a decent amount of experience.

An agent with extensive knowledge is the person you want in your corner. Someone who knows how to solve problems when the going gets tough.

When a real estate agent has been in the business for a while, they gain a deep understanding of the local market.

You should be able to count on them for pin-point advice.

How Many Clients Have You Helped Find Homes in The Past Year?

If I asked you whether you would want a heart surgeon who had performed hundreds of surgeries or just a half dozen, which would you choose?

Picking a real estate agent should be no different.

Look for agents who have had the privilege of assisting numerous clients in their home-buying journey.

From being in the business, a solid number of sales as a buyer's agent would be 25. That would be doing a little over two sales a month.

How Will You Determine if a Property I Love is Priced Correctly?

The agent should be able to answer this question with authority.

Determining if a property is priced appropriately involves considering several factors. The buyer's agent should know the current market conditions. They will know pricing in specific neighborhoods like the back of their hand.

Once you find a home you're considering writing an offer, there should be a careful analysis of value completed.

Comparing recent sales data of similar properties in the neighborhood can provide valuable insights. Based on the market, your buyer's agent should be able to provide specific advice.

Buyer's agents need to think like an appraiser would in analyzing value.

They should guide on a starting offer and where to expect to finish. An excellent agent will also explain which contingencies you should have and which to consider waiving.

How Will You Assist Me During The Home Inspection Process?

A Realtor is crucial in assisting buyers during the home inspection process. You should expect your buyer's agent to provide several home inspectors.

You should expect more than one to choose from. Your agent should be in attendance with you at the inspection.

One of the significant functions of a buyer's agent is to help negotiate any necessary repairs or concessions from the seller.

Their expertise allows them to identify potential red flags or areas of concern, ensuring buyers make informed decisions about their prospective property. Realtors are a valuable resource throughout the home inspection process, offering support and guidance at every step.

How Will You Handle Potential Issues or Conflicts That Come Up?

When handling potential issues or conflicts during the home-buying process, it is crucial to maintain open and effective communication between all parties involved.

The first step is identifying the issue or conflict and gathering relevant information. An excellent buyer's agent will remain cool-headed and avoid conflicts. Their goal should be to attain the client's desired outcome.

Upsetting the seller or listing agent would be foolish and accomplish nothing.

Ultimately, you'll want a buyer's agent who solves these situations with patience, understanding, and a willingness to find mutually beneficial solutions for all parties involved.

Conclusion

A buyer's agent should have a strong understanding of the buying process, including negotiating skills, contract knowledge, and the ability to guide the buyer through each transaction step.

Buyers should seek out an agent who is responsive and communicative. The ability to promptly answer questions and provide updates is crucial in ensuring a smooth and efficient buying process.

A buyer's agent should also be trustworthy and have the buyer's best interests at heart. This includes being transparent about potential conflicts of interest and prioritizing the buyer's needs and preferences.

Home buyers should consider the agent's track record and experience. An agent with a proven history of successful transactions and positive client feedback is more likely to provide a high level of service.

Finally, buyers should look for an agent who is a good fit for their specific preferences and needs, whether it's a particular communication style, availability, or expertise in a specific property type.

By considering these factors, buyers can find a buyer's agent who will effectively guide them through the closing process and help them find their ideal property.

Why take a chance? Do your homework and due diligence. You'll increase your odds of a successful real estate transaction.

Posted by

With three decades of experience, Bill Gassett is an authority in the real estate sector. Bill writes informative articles for numerous prestigious real estate sites to help buyers, sellers, and fellow real estate agents. His work has been featured on RIS Media, the National Association of Realtors, Inman News, Placester, Realty Biz News, Credit Sesame, and his own authority resource, Maximum Real Estate Exposure. Reach out to Bill Gassett for his real estate, mortgage, and financial expertise.

Comments(4)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bill and great information to share with us today in the Rain.  Make it a great day!

Jan 18, 2024 01:53 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Bill - the questions you suggest for prospective buyers can start their thinking about the process. Proper preparation from client as well as the real estate professional (after all it's their job to interview too) can improve the possibilities of success in a transaction.  Although, I think the internet has shown greater awareness and insight about the industry, there's opportunity for improvement.  

Jan 18, 2024 03:04 PM
Charles Ross - eXp Realty LLC
eXp Realty LLC Salina Group - Salina, KS
Love To Help People

Bill Gassett, your post is a fantastic beacon of guidance for homebuyers! The detailed questions you suggest are a game-changer in choosing the right real estate agent, ensuring a journey filled with confidence and success. It's empowering to see such dedication in helping buyers make informed decisions. Keep inspiring and guiding with your wealth of knowledge! #EmpowerHomebuyers #RealEstateSuccess 🌟🏠

Jan 18, 2024 04:31 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Jan 19, 2024 05:44 AM