Home Buying in 07030>Question Details

Rob, Home Buyer in hobokrn

how to fing the best agent?

Asked by Rob, hobokrn Sun Jun 15, 2008

Help the community by answering this question:


Hi Rob,

Actually, I do have to correct one misconception. Buyers DO pay the commission. It's built into the price you will be paying for the home. No, you don't have to explicitly write a commission check to anyone, but it's in the price, and you are paying it.

Therefore, you should expect a lot from your buyer's agent. Anyone can drive you around and show you properties and be polite. But you really want an agent who is going to bring some value to the transaction. Like helping to formulate a strategy to enable you to pay as little for the property as possible. You definitely do not want a "cheerleader" as a buyer's agent. By cheerleader I mean an agent who has a vested interest in selling you a home in one particular area and extolls it virtues while neglecting to expose its flaws. You want impartial, hard-nosed data that will help you make a good decision. A buyer's agent should not be in the business of "selling" you anything at all. A buyer's agent should be a trusted counsellor. And a buyer's agent will sometimes have to be a wet blanket. I've had buyers get very excited about properties whose flaws were self-evident. In that case it's my job to make sure they understand the full negative implications of the purchase.

So I would interview several buyer's agents as if you were going to be paying them thousands of dollars for their services. Because you are.

Web Reference: http://www.marcpaolella.com
1 vote Thank Flag Link Sun Jun 15, 2008

I think your first call tomorrow should be to Lori. She and her company are both Pros.

Joan Prout
RE/MAX Villa
800-671-0596 x1
1 vote Thank Flag Link Sun Jun 15, 2008
Hi Rob,

Here is a link to the "top voices" in New Jersey. Do not limit yourself to just Hoboken. To avoid dual agency, it is often best to select a buyer's agent who is NOT from the town in which you wish to purchase.

1 vote Thank Flag Link Sun Jun 15, 2008
The 1st step is to decide on the area of purchase and then to go to the OPEN HOUSES and talk to the agents. This will be a very important relationship in your life and one that can be very rewarding. Make sure that you can talk candidly with your agent and that she/he is a good listener to your needs. Many times the top agent in an office is not the best at all that is necessary to provide you the value you need to make this most important decision in your life. I will be happy to recommend the agents in Hoboken that I have worked with that provide value and expertise. Feel free to call me or send an email.
Anne Shearman
Coldwell Banker
Morris County
Web Reference: http://www.anneshearman.com
0 votes Thank Flag Link Fri Jul 25, 2008
Hi Rob, asking friends and associates is a great place to start. Selecting an agent with local market expertise makes sense - their knowledge of market conditions, inventory, and pricing dynamics will add value to your search and negotiations. Select an agent that you trust and feel comfortable with, and as has been suggested before, one that listens and is responsive.

Remember too that as the buyer, you will enjoy the benefits of working with an agent - and there are many - at no cost, as the commission is paid most usually by the seller.

Best of luck to you Rob!
Jeannie Feenick
Weichert Realtors
Web Reference: http://www.feenick.com
0 votes Thank Flag Link Sun Jun 15, 2008
You can also look at the "Top Voices" link up above and put in Hoboken's zip code: 07030. Or go to activerain.com and look for the top agent in Hoboken. Or google "best Hoboken real estate agent" and see what you get. Keep in mind that an agent who lives in Hoboken and has lived there for a number of years, owns property in Hoboken, has bought and sold multiple properties in Hoboken, works in Hoboken, specializes in sales, follows the Hoboken real estate market, writes about the Hoboken real estate market, and specializes in the Hoboken market is most likely going to be able to help you better than one who has not done all those things.
Lori Turoff
Robert DeRuggiero Realtors
201 993 9500
0 votes Thank Flag Link Sun Jun 15, 2008
Hi Rob,

Recommendations are good, as are sources like the Real Estate Buyer Agency Council of the National Association of REALTORS http://(www.rebac.net) and the Council of Residential Specialists http://(www.crs.com). Members of these organizations have undertaken additional training above and beyond the licensing requirements of their States and have a proven track record of real estate sales. Both of these organizations allow you to search for members located in the area of your choice.

If you are looking to purchase in Hudson County, contact me to help you. If you are moving somewhere else, I'll be happy to find you a good agent somewhere else. I network with some of the best agents in the country. No charge or obligation.

Joan Prout, MBA
Broker Associate
Jersey City, NJ
0 votes Thank Flag Link Sun Jun 15, 2008
You just started the best way. (Let agents know you are a serious buyer) Your post will bring out many agents and in depth guidance. In addition to all the stuff you will read, consider how responsive your candidates are to returning your emails and calls and how well they listen to your needs.Good luck
0 votes Thank Flag Link Sun Jun 15, 2008
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