Welcome to Denver. The best way is to determine what area you want to live in and contact a couple of agents in that area to interview. A good place to look is to the brokers here on Trulia. These are some of the most active and informed agent in the Denver area. I work and specialize in Central Denver and the Denver Metro Area, although as most of us, we are familiar with many areas.
The best way to move forward is with a Buyer's Agent. It is to your advantage in many ways. You have an agency agreement with a professional that works for you and in your own best interest. We have to have this agreement in place according to state board regulations in order to give you the full service that you deserve as a client. The good news is that in most cases the Buyer Agent commission is paid by the seller through the listing broker. You have everything to gain and nothing to lose by working with your own good agent. By regulation you can have only one Buyer's Agent that work exclusively for you.
Your Castle Realestate
There is a book on Amaon called a"Buying a Home: Don't Let Them Make a Monkey Out of You". It will be the best few bucks you've ever spent. Follow the link below!
Best of luck!
When public sites can take days to give correct information, the MLS is instant and most reliable. When homes in our market are going under contract just hours after being put on the market, it is very critical to have your needs worked on hourly by a industry professional.
I'm so delighted you'll be coming to our wonderful city.- HGTV Featured Realtor Lynne
The big think you need to know is that a buyer's agreement transforms a "customer" into a "client". If you are a customer of an agent, they do not represent you and have no obligation to serve your interests. In fact, without a buyer agreement, the agent showing you around is technically working for the seller along with the listing agent. Most people want the agent showing them around to share data and opinion about price/value, property condition, and/or any inside information they may have in regards to a home, but we as agents legally cannot do that if you are not our client.
And, as far as feeling "locked in" to an agent. I do not know many agents who would hold a buyer to a buyer agreement anyway. If you do not want to work with a particular agent, chances are they probably don't want to work with you either. My suggestion on this would be to put a clause in the agreement that allows the buyer or the agent to terminate the agreement at any point for any reason.
Best of luck :)
It is a good idea to speak with a number of professionals before signing a buyer's agreement.
Important note: You want to work with an agent who is local to the area where you want to buy.
For most people, the choice of agent is someone you are comfortable working with. The process of discovering that is to talk with an agent and ask questions. Denver is a big, big town that is surrounded by other towns. Call me if you will be looking in Boulder County, which is north of Denver.
PML of Longmont, CO
720 810 0683
With a question like this, you are going to get inundated with Realtors saying, â€œPick me!â€ Trulia Community guidelines actually prohibit Realtors from using the Q&A to solicit clients â€“ be cautious of agents who donâ€™t follow the guidelines.
When moving to a new area, choosing a Realtor can be tricky â€“ you donâ€™t have the normal connections youâ€™d have if youâ€™d lived in the area for a while. Here is what I suggest:
1. HomeGain.com - Agent Evaluator Program â€“ itâ€™s a great place to post a request and then have a large number of Realtors respond â€“ you get to evaluate them based on various criteria.
2. Trulia.com â€“ a number of agents will be responding to this thread â€“ you can click through to their profiles and send emails to the ones you are interested in. Check their answers to questions here on Trulia. You can also use Trulia to search for pros in a specific geographic area.
3. Ask any friends, relatives or coworkers in your new locale. Ask local accountants and attorneys.
4. Drive around and note who has the most listings in the area in which you want to buy.
Interview at least three:
1. Have them meet you at a local Starbucks â€“ if they insist on you going to their office, pass. After all, this is about you, not them! They should be willing to meet on your turf.
2. Have a list of prepared questions you ask all of them.
3. Ask for references and past clients â€“ call at least three for each one.
4. Choose the one that seems to be the best fit â€“ a personality match is critical.
You need to use only one Realtor at a time â€“ itâ€™s kind of like being married. However, be cautious of Buyer/Broker agreements. Not all properties offer the same commission â€“ some agents use the agreement to ensure they will get a maximum commission (ie. if a listing only offers a 2% commission, they may use the agreement to force you to pay an additional 1%). They may also try to lock you in for a specific period of time â€“ if you discover you donâ€™t like the way they work or that you donâ€™t mesh, you may have a difficult time getting out of the contract. I personally use a non-binding agreement that specifies what buyers can expect from me and what I ask of buyers.
Here is a list of potential questions to choose from:
1. How long have you been in business?
2. Is this your full-time job? Any side gigs?
3. Do you have any designations?
4. Have you won any awards? What is special about any awards you may have received?
5. Are you a member of the local MLS? State Association of Realtors? N.A.R.?
6. Do you require a buyer/broker agreement? Why?
7. Will I be required to pay you anything to represent me if the home I choose to purchase does not provide a full commission to you?
8. Will you require me to pay a transaction coordinator fee or some similar â€œtransactionâ€ fee?
9. Do you have an assistant? Will you be the person dealing with me through the entire process and resulting transaction?
10. Have many homes have you personally sold in the past year? Not your team or office â€“ you.
11. How many REO sales have you closed in the past 12 months?
12. How many short sales have you closed in the past 12 months?
13. What is your ratio of sellers to buyers for the past year?
14. How many buyers are you working with right now?
15. How will you actively search for homes that meet my parameters?
16. Will you function as a dual agent?
17. Do you have client references from this past year?
18. What are the top few things that differentiate you from the rest of the pack of Realtors out there?
19. Will you carefully explain every aspect of every document to me as required?
20. How will you actively educate me in the buying process?
21. Do you have a comprehensive network of inspectors, tradespersons, etc.?
22. What happens when I Google your name?
23. What is your strategy for recommending a purchase price for any home I am interested in?
24. What if we donâ€™t click or mesh? Can I stop using you and move on to someone else?
25. Will you be OK if I use my own lender?
26. How do you prefer to communicate? Phone? Text? Email?
27. How quickly can I expect an answer once I call you? During what hours can I call you and expect an answer?
28. Do you offer any kind of a guarantee?
This should get you started!
Congratulations on your plans to relocate next year! I too have relocated to Colorado and understand that it can be a stressful experience especially when you are purchasing a home in an area that you are less familiar with. So my hat is off to you for getting out there and asking questions.
As for advice on finding the best agent for you, you have some great advice from those that have already answered and I would just that you want to be sure you find an agent that YOU feel confident in and comfortable with. Ask a Realtor a lot of questions and have them give you some of their past clients to interview regarding their services. I would be happy to provide references for you and you can always do a lot of research on someone via the web.
As for the buyer's agency agreement, it is certainly not required however for me when I meet with a new client, I show them this document and explain it in full. I even go the extra mile as to write into my agency agree that "either party shall be released from this agreement via written communication at any time." This helps people see that they are not signing their life away to me or their first born child! We are just agreeing that we feel comfortable working together in this process.
I generally meet with people first and explain how I work with buyers and it is never a problem for this document to be signed because we all feel comfortable. I hope this information helps!
Please feel free to contact me if you have any other questions!
Your Castle Real Estate
720 988 5952
Make sure you take your time in selecting an agent. There are plenty of us and you can find someone who is good at communicating, and putting what your needs are first. Signing a contract can be intimidating, but just make sure you know you aren't getting charged and can cancel anytime.
Our team provides free buyer representation, and you can cancel anytime. Showing houses can be fun, and we try to make your experience the best one you can have. Feel free to contact us with any questions.
Kevin & Jessica
Higher Living Team
If at that point they want to continue, they may schedule an appointment to look at some homes and see how that goes. Our agents are always willing to meet at least once and show some homes before talking a buyer agency agreement. You will find that to get the best service from an agent they will want a buyer agency agreement signed. And it helps you by allowing the agent to represent your interests in any negotiations.
Hope this helps!
The Bandy Team
RE/MAX Professionals - Denver, CO
"From Our Heart to Your Home"
Keller Williams Austin