Since the majority of the visitors on this site are looking for buying
advice, here are some important questions for a prospective buyer's agent.
10. How long have you been in the industry? Every amazing Realtor was new
at one time. A new agent has to practice on someone, but maybe it shouldn't
9. How long have you lived and worked in this area? A great agent in a new
city may be competent, but will certainly lack knowledge of the location.
Is there anything more important in real estate than location?
8. How many buyer transactions did you personally close last year? Be
careful not to let their answer reflect their team's performance; you want
to know their personal production. Too few and they don't have their finger
on the pulse of the market. Too many and they won't have time to help you
understand important details and possibilities.
7. Will you have CMA's prepared for each home we visit? A "comparative
market analysis" (or comps for short) will give you a good idea of why that
home merits the listing price. If they are not prepared with that
information, they (and you) have no idea where a winning offer would need to
6. What is the best way to reach you and when? With the purchase of any
unique commodity, timing is important. If you can't reach your Realtor when
the perfect home appears, it might be gone before you can move on it. You
shouldn't expect them to work 24/7, but in a time sensitive environment,
banker's hours will probably result in a heartbreak.
5. What will it cost me to work with you? Many Realtors today charge their
buyers a transaction fee at the close of escrow. You'll have to decide if
their level of service warrants an additional fee if it means a successful
close on the home you love.
4. Can I see your references? Everyone has references. If they are from
satisfied clients, your Realtor won't mind sharing them.
3. Can I have copies upfront of the documents I'll be asked to sign later?
You should expect transparency and competence in a professional.
2. What are the reasons I should I buy a home NOW? A generic answer here
could mean that they are ignorant of the larger mechanics of homeownership
beyond searching and showing homes. Market statistics, pricing trends based
on supply and demand, tax advantages, and interest rate impact would all be
1. Why should I work with YOU? It can be hard to toot your own horn, but a
professional knows what their value proposition is. Wouldn't you?
Realty One Group