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brillance_teetering_... | Whats the best way to choose a Real Estate Agent when Buying a Home? |
We are looking at buying our first home and having a hard time choosing an agent. No one we know has bought or sold in recent years so there referals don't really help. We've checked websites and listings, but none of the info is the same site to site.
I guess we're just looking for some advice on what types of things to look for in a good buyers agent.
Any articles or helpful guides would also be apreciated.
Thanks
Additional Details
We are looking in Michigan, and as far as realtor websites DUH, thanks for that.
I was looking for how to narrow down the list a bit further. Most of the Realtors that have contacted me back have informed me that their commision is paid by the seller not the buyer.
Is it important how many other clients they are currently working with, and what about someone who is mostly showing homes that they're selling. |
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daa66
|
A good real estate agent will listen to you and find properties that meet both your needs and price range. Ask them enough questions and answer the questions the agent asks you. My agent showed me several houses online 1st then we decided which ones to see in person. After the first few houses the agent got a better feeling about what I was looking for and showed me houses that met my needs.
My agent is responsive to my needs and looks out for my interests. Often pointing out things I missed and suggesting more questions. I hope you are fortunate enough to find an agent like mine. She was refered to me by a coworker. I would never ask her to reduce her commission and on one property I put an offer in on the seller said he would sell if both agents reduced their fee. I declined the offer, my agent works too hard to take less. That's how you know you have a good one. When they go out of their way to make you comfortable about buying and you feel comfortable talking to them. |
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godged
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Commission is negotiated with the seller and seller's agent, so people telling you to ask for a reduced commission are blowing sunshine in your skirt. At least in Oregon.
What some of my clients did to find me:
Emailed me, asked some questions, checked to see if I would follow up and provide information that I said I would.
Met me at an open house, talked to me for a bit, and decided if we were a good fit. Again, to see if I would follow up with them seemed like the clincher.
One gentleman called me on a Sunday evening and I missed the call because I was out of cell range. I returned the call about 15 minutes later, and since I returned his call on a Sunday, that told him that I was the Realtor for him.
Look for someone who is honest about what you can expect from them and be honest about your expectations. Some agents are better at "hand holding" if you need it, others don't have time or patience for that. If you are looking at property, calling to ask follow up questions and sense that tension or hear the big sigh, this may not be the Realtor for you.
Good luck and have fun. Home shopping should be enjoyable! |
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Fred W
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At least you know that you need a buyers agent, Then I would interview a few of them. Asking a few key questions about their experience and how they keep themselves updated and what they think makes them the buyer agent that you need. This sometimes befuddels them because you are actually asking them to blow their own horn for a minute. Look for eye contact. this is a key that I have learned over the years of working with people. Liars have a hard time looking you in the eye for any lenght of time. |
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success.athome
 |
What works well for us, is to use professionals that own their own small business. We find the professionals from the Chamber of Commerce site of our city (the site also shares a little bit about them and details about their company so we know if we are working with a small business). We have found real estate agents, construction and electric workers, and a landscaper this way. We feel small business owners really strive to meet the needs of their customers. |
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Free Thinker
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I prefer to work with people as a buyers agent although most of my collegues don't. I feel it is very important to tell people the truth about the market and discuss recent sold listings helping them make an intelligent decision when writing an offer. The issues that we are dealing with in the market right now are 1. that we still have an abundance of unrealistic sellers and 2. buyers think that they can offer unbelieveably low offers. I recently sold a house listed at $575k, our offer was $425k I was quite nervous with that offer but we did meet in the middle. I think that is the key that describes the negotiating business is "meet in the middle" that is usually where it should be, especially in this time. The bottom line of any sale is that if the appraisal doesn't come in at sale price the bank won't lend you the money.
1. Ask the agent if they will discuss ALL recent comparative sales with you
2. Will they discuss suggestions for offer prices with you.
3. Will they present your offer in person to the seller.
These things should give you a good feel and if they balk than move on.
There are things that you can find out online ie, crime statistics, sexual offenders, schools' grades etc.
Only you can and will be able to determine if it is a "good" neighborhood. I find that even though I may personally feel that one particular area is good my customers may not. These opinions are for you to decide not your realtor.
ps don't ask your agent to cut their commission...that is so tacky, they won't want to work with you again! Their work just begins at contract it doesn't end there. If they work for you, they deserve to get paid just like you do on your job!!! |
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Bill P
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u didnt say what state, but ask around the neighborhoods? check out who has the most signs, realtors.com, call the local Realtors association. By the way, if u r in texas, I AM mortgage loan officer |
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RickRN
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Realtor.com |
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Siobhan W.
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A friend of mine gave me this advice when I was selling my home, although I realise you're buying, the principle would be great for that too. Make a list of questions that are important to you and schedule times to meet with about 3 agents, and essentially, interview them. Go with the one you like the best.
One thing I would say is, if you find a house at the top end of your spending limit, you could ask if them if their commission is negotiable, allowing you to get the home by having them take 3% instead of 6.
Good luck! |
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