You would typically interview someone when hiring them, right? So why not take the time to interview a realtor when considering selling or buying a home? This very well may be one of the highest transactions you will be dealing with, so you better find an experienced professional.
Real estate agents who represent buyers are known as a buyers agent. Real estate agents who represent sellers are known as a listing agent.
The qualities you will look for when hiring a real estate agent are going to be different when you are buying vs. selling.
Here are some questions you should consider asking your Buyer Agents before getting into bed with them.
How long have you been in the industry and have carried a real estate license?
An obvious question even for small talk, but it’s important to know the history of their experience. Is this something that they are well versed in or something they just started? You can also take a look back at their reviews and testimonials on Zillow so that you can see others experiences with them.
How available are you to me? Full time vs. part?
A bit of a continuation from the first question here, but it’s important to know how available they are to you. When working with a part time agent you most likely will run into more scheduling conflicts. You may want to ensure the buyers agent you are working with is committed to making themselves available to you.
Are you selling any of the homes I may be interested in?
Sometimes a real estate agent will try and convince their clients to consider a home they may be selling. This could be a great fit, if the home is perfect for you. But this also could present a conflict of interest if this agent is just trying to move properties. Don’t be manipulated and only consider these homes if they check off all the boxes on your wish list.
Do they have strong contacts in the industry that have proven to be reputable and professional?
Unless you are a seasoned buyer, it would be nice to get references from your realtor in working on being a new home. Such contacts can include mortgage lenders, layers, an inspector etc. It would be good to have a more seamless expire when dealing with someone they have worked with in the past.
A very important question you need to ask your realtor, as well as yourself, is if you will require a mortgage or a loan when considering purchasing a home. This is actually the first step you should take before looking at any homes. You need to determine what financial plan is needed in order to qualify as a serious buyer. If the agent understands your financial situation they will be able to help determine whether a mortgage or loan is likely.