Questions To Ask When Hiring A Real Estate Agent

Questions to Ask When Hiring a Real Estate Agent

 

Buying a house for the first time can be daunting, especially if you are not familiar with the real estate industry. Of course, you need to do your homework and do a lot of research. Take a look at some questions to ask when hiring a real estate agent; You can never go wrong asking. But with all the details you need to consider, it’s easy to get overwhelmed. That’s why there are real estate companies that can assist you with making your purchase to ensure you make the right decision. But what if you hire a not-so competitive broker or agent?

What many people overlook is the need for a good real estate agent, and not just the one referred by their friend or the first agent they interviewed. But how do you know if a real estate agent is any good? Try asking these questions and listen carefully to their answers.

Is this your full time job?

Buying a property is a big investment. Make sure you get someone who can commit a sufficient amount of time to help you find the best real estate property around the area and one who won’t miss an opportunity to help you find your perfect house.

How many sales have you handled within the last 6 months?

This will show you not only how good of an agent he is, it’s also going to show his activity and awareness about the industry, especially in your target area. The ability to provide you trends and predictions will be very useful for you in the future.

How long have you lived in the area? – A good agent should be very familiar with the area and know the community very well. You might want to ask about the nearest schools, government offices, routes, and even the railways or flight paths that can leave you with noisy days and nights. Hire someone who is proud of the area he lives in but would also be telling you if a specific area or community is not a good option.

Whose interest are you going to represent?

No agent can represent both parties fairly. Look for someone who’s on your side.

Can I get your references? – Ask for three to five names and contact numbers of most recent clients. Give them a call to ask how the agent performed, how were they treated by the agent, and ask for the good and bad points. Also ask if the agent assisted them with other needs after the deal is done.

How do you expect me to be involved in the process?


This can work in two ways; first, this can help you prepare for the things that the agent needs from you, whether documents, time, information, or simply showing up. Second, it shows you how experienced an agent is. If he already knows what is necessary to complete the process and is able to tell you upfront, you’ll know he’s familiar with the process and you’ll avoid being rushed by the last minute details before a deal closes.
It is tempting to just hire the first agent you come across, believing this will expedite the process. But lack of experience and knowledge will only lead you to dissatisfaction and frustration. Getting to know your agent first is crucial since this is a very large investment for you. You’re going to hire them for a tough job, and knowing how to interview helps you to see if they’re ready for the challenge.
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