Home Buying in Ann Arbor>Question Details

slvanderloov…, Home Buyer in Ann Arbor, MI

What are the top 3 questions to ask a real estate agent when getting to know them? We want to pick the best one to fit our needs.

Asked by slvanderlooven, Ann Arbor, MI Mon Apr 22, 2013

Newlyweds and first time homebuyers.

Help the community by answering this question:


Personal recommendations are invaluable. Ask your relatives, co-workers, friends and even in your bank to recommend real estate agents that worked with them in the past. Interview several real estate professionals and ask them to tell you about the neighborhood that you are interest to buy. These interviews serves to meet the professionals and see who can click better with your needs and personality.

Best of All,

Maria Cipollone

2 votes Thank Flag Link Thu Apr 25, 2013
Hi good question.

1) How long have you been doing real estate?
2) How many homes do you sell each year?
3) Do you work with first time home-buyers? When was your last transaction with a first time home-buyer.

Did they ask you when you contacted them IF you had spoken to a lender?

How many buyers are they currently working with? Do they have time and attention to give you?

So many...but a good start.

0 votes Thank Flag Link Sun Apr 28, 2013
How long have you been in the business, do you have a brokers license then?
Do you have a builders license or back ground?
How Can I contact Tom Stachler

Answer: http://www.TheRealtyTour.com or 734-516-2000
0 votes Thank Flag Link Fri Apr 26, 2013
Buying a home can be intimidating for first time homebuyers so it is completely understandable and recommended to find a realtor who suits you well!

Some questions to consider asking could be:
-What is your working availability and how easy are you to get in touch with?
-What are your skills and weakness as a realtor that set you apart from other agents in this area?
-May I view your references?

It may also be useful to find out if you can terminate your contract at any time, just in case they aren't the right agent for you. Most agents are more than willing to allow that, considering they should be trying their hardest to keep you satisfied.

Hope this helps!
0 votes Thank Flag Link Fri Apr 26, 2013
Very Good Question !

What loan do they recommend

Are there any tax credits for first time home buyers

What grants and assistance does MI offer

What is most important is that you know the answers to these questions before you ask them. The loan officer and lender you choose is a critical choice.
For instance the MCC Tax Credit for First Time Home Buyers is a better tax benefit for most people than the big $8000 credit offered in 2009. I am continually receiveing emails from first time home buyers explaining their loan officer did not tell them about the credit. One person discoverd the credit after her loan closed. The filling must me completed before the closing so she cant use the MCC.
An article that will serve yu well is, Consultation Interviewing Loan Officers, at Your Road Home.com
You will also find a number of articles about the various loan types, grants and assistance for first time home buyers. Also article #9 about the MCC Tax Credit. After you gather up all of the objective information you can find, Trulia is also a good source of information, you will find loan officers and agents from your area offering their services on Trulia.

Best of Luck Stephen Webber
Web Reference: http://Your-Road-Home.com
0 votes Thank Flag Link Fri Apr 26, 2013
Go to http://www.TheRealtyTour.com and look under the Buyers link and broker references to search for references and recommendations on any broker.
0 votes Thank Flag Link Mon Apr 22, 2013
How well do they know the market where you want to buy? How many transactions have they done in this area? Do they specialize in working with buyers or sellers? How quickly do they get back to you when you call them? What specifically are they going to do to help you find your dream home? If you are not currently pre-approved, do they have a lender that they trust who can get your pre-approved? These are some of the top questions to ask when interviewing an agent. Also, don't make the mistake of selecting an agent who is listing a house that you are interested in. The listing agent has a fiduciary responsibility to the seller to get the highest possible price. You want a buyer's agent who will have your best interest in mind. Hope this helps.

Kathy Persha, Broker
Nextage Advanced Realty
0 votes Thank Flag Link Mon Apr 22, 2013
Because our market is very tight with low inventory for buyers, you may want to ask what their availability is like (part-time, full-time, almost 24/7?)

How and with what will they support you in your decision (market knowledge, job experience, team/office support)?

Where is their focus in real estate? Do they have resources tailored to new buyers?
0 votes Thank Flag Link Mon Apr 22, 2013
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