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What to Look for in a Real Estate Professional
Choose an agent you feel comfortable with, who is responsive to your needs and who compliments your personality. Here are some guidelines:
Get referrals from family and friends.
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Seek an experienced agent with a known reputation ö look at credentials, track records and awards received.
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Interview at least three agents.
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Seek someone who is a member of the Board of Realtors¨ .
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Find someone who is continuing their education ö a Certified Residential Specialist (CRS), Certified Residential Broker (CRB), a Graduate of the Realtors Institute (GRI) or an Accredited Buyer's Representative (ABR) ö this shows the Realtor is interested in the business long-term and is willing to invest in their career.
Questions to ask when getting a referral
These questions will help you learn what you need to know about an agent:
- What were they like to deal with?
- How hard did they work for you?
- Did they get you a good price?
- Were there any complications?
- Did they always tell you the truth?
- Were they always looking out for you or just interested in getting paid?
- Would you use their services again?
Questions to ask when interviewing an agent
Ask these questions before making a decision:
- How many buyers have you successfully represented in the last six months? Can I have the names and phone numbers of three to six of your most recent buyer clients?
- What professional designations do you have?
- Are you fully automated with your own personal computer, FAX machine, copier, pager, voice mail, etc?
- What is your commission? Or do you have hourly rates or a set fee?
- Do you have a list of home inspectors, insurance agents and reputable lenders for me to consider?
- What clauses will be included in our offer to protect us as buyers?
- Will you try to sell me one of your listed properties before you show me listings from other real estate companies?
- Do you have information about For Sale By Owner properties?
- How will you help me save money?
- How will you protect my interests, and why should I hire you rather than another agent?
Now that you've chosen a few agents and interviewed them, ask yourself the following questions to narrow your choice:
- Which one returned your phone calls?
- Which one asked questions to determine what you want/need in a home?
- Which one performed a financial analysis to determine how much you can afford?
- Which one suggested financing methods?
- Which one seemed most knowledgeable about the community?
- Which one explained things most clearly?
- Which one did you feel most comfortable with
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