For most people, buying a home is the largest financial decision they’ll make in their entire lives. That being said, choosing the right real estate agent to guide you through the process will be a major factor as to whether or not you have a smooth and successful experience.
Learn about the things you need to look for in a real estate agent is a crucial starting point, but if you’re looking to buy a home, you need to find an agent with a unique set of skills.
7 Questions to Ask When Interviewing a Real Estate Agent When Buying:
- Can you walk me through the process of buying a home with your help?
Your real estate agent should have a clear idea of the typical process that people in similar situations go through. Depending on the home type, location, and your local market, a realtor should be able to give you an outline of what to expect.
- What is your level of involvement throughout the transaction?
How will you search for homes together? Will your agent send you homes that match your search criteria? Will you need to search on your own? Once you make an offer, how available is your agent? After you move in, is your agent still available to answer questions?
- What is your communication style?
Will your agent be emailing you home listings? Will you need to check your email frequently so you don’t miss anything, or will they call you when they find something worth checking out? Are they able to accommodate your schedule and communication style? Especially when you find “the one,” timely and clear communication will become even more important.
- When are you available to show me homes?
How busy is your agent? Is their schedule flexible? What hours are they typically available each day? How much notice do they need to show you a home?
- How often do your clients’ offers win the first time? (How many offers does it usually take before a client wins a home?)
Your agent’s ability to write a compelling offer will be paramount to you ultimately winning the home you desire. How many offers do their clients typically have to make before they win a home? How do they make sure they’ve write an attractive offer?
- How much do you expect I’ll end up paying for the home that I want?
One of your realtor’s jobs is to set expectations from the beginning. Based on the type of home and location that you desire, your agent should be able to tell you what is realistic and what you should expect.
- What are some typical issues you look for in (type of home)?
If you’re looking for a condo, do they know the right things to ask the listing agent? Do they know the right issues or potential problems to look for in a home? If you’re searching for a new construction home, does your agent know what types of warning signs to look for when assessing the quality of the home? An agent should know how to help you find a home that’s going to be a sound investment.
Your real estate agent needs to be a step ahead of the game when it comes to helping you buy the home of your dreams. In addition to hiring an agent with the experience you need for success, take the time to do your own research, too! You can read more pro tips for home buyers here.