You’ll know your agent’s on the right track, says Allan, when he or she asks these thoughtful questions: What’s your timeframe to buy or sell? Photo Credit: Getty Images Finding a full-time agent is a must in today’s battered market, our experts insist.
Tell me about your dream house/the house you’re selling. “That’s huge,” says Allan, adding that she would never hire someone who was working a different day job.
Buyers and sellers are spending real dollars on this investment, and anything that falls through the cracks—including the all-important loan—can cost them dearly.
Dating your real estate agent
Search Engine Optimization training, E-listings and other fancy add-ons might sound nice to have, but are typically money-making schemes that won’t aid in your search.
On top of all this, don’t be tempted to hire the mega-star “top producer” realtor, says Allan.
“You want it to be their career.” Ensure your agent is up to snuff by making sure he or she has at least two years’ experience and by doing your homework, says Glink.
Here's what she recommends: Ask to look at the agents’ resume. Verify that he or she’s a member of the National Association of Realtors.
Here are 10 questions to ask a potential real estate agent or broker. What percentage of your clients are sellers (versus buyers)? Hint: The busiest agents often are also the most efficient. And it doesn’t hurt to ask if they own their own homes: A Trulia Trends study shows that 85% of brokers and agents are homeowners. Insights from past customers can help you learn more about an agent and give you a greater comfort level.
Agents who mostly work with buyers will have a different set of skills from those who primarily represent sellers. You want someone who can spout off neighborhood stats like a true local. In other words, will your agent handle all aspects of the transaction or will they delegate some tasks to a sales associate or administrative assistant? Picking a real estate pro is a key decision in the home-buying (and selling! So many great real estate professionals are out there willing to work hard for you, so consider the advice above as you make your selection.
Besides using your own network, you can use tools such as Trulia’s Find an Agent Directory to find highly recommended agents who how crazy the Boston real estate market is, or have a special skill set (say, speaking a foreign language) to assist you in buying.
Your agent’s personality should also be compatible with yours.
You’ll spend a lot of time with your agent, so you need to be able to have serious conversations with them and be confident in their negotiation skills.
There’s nothing worse than not being able to look Aunt Edna in the eye next Thanksgiving because you weren’t able to make it work with her best friend and real estate agent.
You need someone you’ll feel comfortable disagreeing with and that you can trust — remember that this person will become quite intimate with your home and finances. How many years of education and experience do you have? Well, a broker is usually someone who has pursued education beyond what’s required by state laws.