Home Buying in Waukesha>Question Details

Martin, Home Buyer in 28214

How would you recommend screening Realtors from a Buyer's Perspective? Different requirements than a seller

Asked by Martin, 28214 Tue Apr 8, 2008

IMO. Thanks.

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12
It is always good to ask for a referral and interview at least 3 agents. We can provide a list of interview questions.
0 votes Thank Flag Link Fri Nov 1, 2013
You need to interview at least 3 different agents. They can be referrals from friends and family, but often personal relationships and business relationships do not mix. You want to know: How long the agent has been in the business, but more importantly how many homes per year do they sell. High producing agents have lots of expereince in negotiating, knowing related professionals for inspections, etc.. Also, they have the knowledge to foresee possible problems, and nip them in the bud...This will make the experience for you less stressful and keep you from feeling maximum angst. Part of being an experienced, knowledgeable REALTOR is designations...These are the funny initials after their name like ABR, CRS, GRI, Broker, etc. This means that that REALTOR has spent time and money gaining knowledge and knowledge is power! Good Luck! Remember, it;s not what they look like, what kind of car they drive, its WHAT THEY KNOW and how they make you feel!
0 votes Thank Flag Link Tue Sep 29, 2009
The top agent in representing buyers is the top selling agent of that company. Some agent specialize in listings only. You can ask the agent to share their last sales. You can describe the features that you prefer in your new home and the agent can discuss the homes that might appeal to you. An interview can help you see if they specialize in the homes or location you prefer. Good luck. Diane 414 581-0809 I can help you with a referral for an agent in your area.
0 votes Thank Flag Link Tue Sep 29, 2009
You are going to work with a realtor you like and who is knowledgable about your area...ask friends and family who may have purchased homes who they worked with...be sure the agent is experienced and ask them if you can have an informal conversation with them to see if you are a comfortable fit. Good Luck !
0 votes Thank Flag Link Sun Aug 9, 2009
When interviewing a possible Buyer's Agent, ask them how much of their business is Buying and how much of their business is Selling. The REBAC people put on a nice class, charge for it, let you use the ABR after your name but the real learning comes from experience. Would you rather have some newly minted ABR grad with the required five (yes: 5) Buyer Agency transactions under their belt OR: a Realtor who does 95%+ Buyer Agency and has bought dozens of homes for millions in volume instead of 2 days of classroom time.
The questions should focus on verifiable, factual issues but the interview should leave you with a comfort level that you can live with during the entire buying process. Buying a house is hard enough if the hours spent touring houses are miserable, the interactions during negotiations are unpleasant and the residual feeling is resentment. Talk to people you know, call up a Realtor on the phone, don't go with the first one that you meet, talk to a couple. Wouldn't you rather do business with someone you know, like and trust rather than someone who has a cool website and 3 letters after their name?
0 votes Thank Flag Link Fri Jul 4, 2008
Both answers are right on the mark. As Gery says, go to the rebac site. They list real estate professionals who have gone through training, exams, and certification to become an "Accredited Buyer Representative. From that list, find some local agents and sit down with 2 or 3 and see if you cam make a connection as Ray says.
0 votes Thank Flag Link Thu Jun 26, 2008
My recommendation to you would be to go here first, http://www.rebac.net/Home.aspx

I belong to the REBAC(Real Estate BUYER'S AGENT Council & it is important for you to get someone to assist you with YOUR best interests in mind with a purchase. Have a great weekend! JustGeri
0 votes Thank Flag Link Sat May 10, 2008
Martin, a good way to screen a REALTOR is to meet with them. You will get a good feel for the person that way. Remember, all Agents want to get paid just like you get paid when you work. The question is, does the Agent put getting a paycheck ahead of you accomplishing your goals? I tell my prospective Clients that I like getting paid for what I do but I like it even more when my Clients call me back later when they are ready to sell or refer me to their family and friends. To me, that is the real test. And don't forget, all transactions are unique unto themself. A good fit is someone you can trust to go for the ride with you.
0 votes Thank Flag Link Fri May 9, 2008
Top Notch Realtors that actively work as Buyer Agent understand that their most important job is listening to their client and helping them determine what their possibilities are. One four-pronged approach to defining the tasks involved might be to ask questions regqarding:
a. PROBLEM SOLVING ... what problem solving skills does the agent demonstrate? Most buyers ha a problem -- they want to find a home. What skills will the agent bring to the table to help you do that?
b. LEADERSHIP... good Buyer's Agents understqand that a big part of their job is to help lead their client through the complicated process of finding, securing, and purchasing a home. What leadership skills does the agents demonstrate to you?
c. ADVOCACY ... you need to hire an agent that will advocate for you. As a Buyer's Agent, this means to me: "You ineterst (my Buyer client) above all others including mine, always.
d. NEGOTIATION ... the art of negotiation on behalf of buyers requires a gret dela of skill and talent. What negotiation skills does the agent you are considering demonstrate. What is their track record. I always remind by buyer clients that their objective is to Buy a Home, and hopefully the perfect home for them. My job is to help in any way that I can. this means focusing on the object, addressing the concerns of my buyers, educating them every step of the way, and advising on offer strategies to successfully accomplish their goal of buying their dream home.

Successful Buyer Agents understand these principles. When you interview Realtors, be sure to address these issues. it should help you in determining who will best meet your needs. good luck in your home search, and best regards!
0 votes Thank Flag Link Mon Apr 21, 2008
Always go with a full time experienced Realtor. One who knows the immediate area and the local market. But you must feel comfortable with the Realtor enough to be able to express how you feel about each house and a Realtor that listens to your thoughts, likes and dislikes.
0 votes Thank Flag Link Fri Apr 11, 2008
You are looking for a negotiater. Someone that knows homes and also the area that you want to be in. They do need some of the same skill set that a selling agent needs but, they have to have a strong sense of service. They spend alot more time with you then a listing agent does. So definitely someone you are comfortable being around.

Larry Story
Coldwell Banker Triad
0 votes Thank Flag Link Tue Apr 8, 2008
Alot of the same skill levels would be necessary, There are still agents that I know that are more comfortable working on the Listing-side rather than Buyers.

Most likely you will want a Realtor that is knowledgeable about working with Buyer Agency. They should be willing and able to do the research to provide you with the important information you need to make an informed decision about price, location, etc. Strong negotiation skills.
Talking to a person will give you a feeling as to whether you and they would be "compatible". I'm sure you will be successful in finding a great fit.

Good Luck in your Home Search
Web Reference: http://www.GoPackerUp.com
0 votes Thank Flag Link Tue Apr 8, 2008
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