We were in your shoes until two weeks ago. Our first agent dragged us around for over a month, our second found our dream home in a day. (And we're not the only family she helped in that way.) Everything the agents below wrote is true. I would emphasize the importance of the "gut feeling." Your intuition will be your best tool throughout this process. Also, whoever you choose is going to be your voice and face at the negotiation table, so make sure they "get" you, and that you're comfortable, and even proud, to be represented by them. Timeliness, good presentation, good grammar, warmth and integrity can make or break the deal. Thirdly, respect them. The good ones work like dogs. And finally, although everyone here says that buying a house is one of the most important decisions of your life, I think it's choosing an agent that really matters.
You should expect to sit down and have a thorough interview about your wants and needs. It may turn out that buying may not be the best option right now! Is there a chance that you may get transfered, go back to school, get married in the next couple of years?
Next, you need to get at least 2 opinions from mortgage consultants about how must house you can feel comfortable buying. You may not want to buy as much as you are approved for!
If possible, you want to work with a REALTOR who will have "single agency" with you. This means that they keep secret anything you tell them but share anything they learn about the sellers with you.
The most important thing I try to do is "under promise and over deliver"!
Best of luck in this buyers market!
Continuing with communication, the phone calls should be returned quickly without giving you any sense of beinig an bother. The agent should be able to give you good and clear understanding of what "agency" and "fiduciary" mean toi them. And it should be confirmed by you in your own investigation of those two terms.
Next knowledge of the market and they should also have friendly relationships with the other agents you meet as they show you homes. All the market knowledge in the world will be lost if everyone can't stand the person.
Ask for referals to lenders and see if you feel a level of trust from them also. good people tend to surround themselves with good people. Ask for stories of negotations done in the past, how did they protect a client, how did they gain an advantage for a client.
Finally eat a meal with them. Look at how they treat the staff. Professionals in service industries will sometime do what we used to call "retail revenge" and take out frustrations on other servers and clerks. If you see it you are dealing with a person that is putting up a false front to you. Deep down they resent being in service.
Because you don't want to be upset or nervous about your decision if finding a home, the most important decision (beside picking a life mate) that you will make in your life at this moment in time.
With so many agents out there, you just need to spread the word that you are looking to buy a home...and agents will start appearing in your life. Then talk to a handful and pick that person who talks to you like caringly, who has the energy to keep showing you property and exploring your dreams; who understands the rightful fears you may have about money; and who knows that the first home you buy will not be your last.
I never made much money as a teacher....it was my real estate investments that ultimately made me financially secure...and I know that young folks today can still build their wealth through the right buys. So think of this lst purchase as the gateway to a great future. And congrats on being thoughtful enough to make that jump into home ownership while you are young.
If your Realtor is not willing to show you quiet a few homes in your price range he is not doing you a service. The home you purchase will be your decision so your Realtor needs to show you enough homes so that you know what your money will buy. His or her goal should be to find you the best house for the least money in the area you wish to buy in, this may take some time, but it is what he is being paid to do. The biggest problem I have with first home buyers is getting them to ask questions. Do not feel like you are calling him or her too often. They need to learn as much as possible about you so that they can make your real estate experience as painless as possible. They usually are full of information that would be helpful to you and would let you know that you got the best deal available in your price range. Good Luck.
2. Willingness to Understand Your Real Estate Needs
3. Willingness to Achieve Your Real Estate Needs
4. Put Into Action The Agent's Experience To Get The Job Done
5. Alway express Honesty & Loyalty