Questions to Ask Your Real Estate Agent
When you are ready to buy a house, you want to make sure you are being represented by the best agent out there. The right agent will work tirelessly to find listings for you to consider. He or she can also help you negotiate a great deal and help you find the home of your dreams.
But with so many agents out there, it can be difficult to find the right one. So how can you tell if you are working with the best agent?
Asking the right questions will help you determine if you are making a smart choice when you sign on. Here are some you should consider including in your list of inquiries.
How long have you been an agent?
Everyone deserves a chance in the industry no matter how long they’ve been at it. But an agent with more experience will have more connections. They will also be familiar with how to negotiate so they will get you the best deals possible.
How many homes do you close each year?
You want an agent who has a high success rate. On average, agents should be closing 12 houses a year. If they are falling below that rate, it could be the sign of a deeper problem.
Do you work part time or full time?
The flexibility a real estate job provides makes it a great part time gig. But when hiring an agent, you want someone who is serious about making it a career. Full time agents will be more likely to give you their full attention and make you a priority.
Do you work with both buyers and sellers?
Some agents work with both buyers and sellers while others specialize with one or the other. While it’s great to find someone who specializes in the services you need, an agent who works both sides will be familiar with all aspects of the business. He or she may even be able to match you with a client that’s selling.
How many clients are you working with right now?
This one is a bit tricky. On one hand, you want an agent who is in demand and has the workload to show it. On the other side of the coin, you do not want someone who has so much going on that they cannot make you a priority.
If you are worried about other clients getting in the way of your agent’s ability to find you a home quickly, find out what they do to balance their responsibilities and take it from there.
Do you have references?
Before going to a business for products and services, you want to check out their online reviews. While agents tend not to have reviews up on the internet, you can ask to speak to their past clients. This is a great way to tell how they’re doing with customer satisfaction.
Buying a home is a big deal. A good agent can make all the difference when it comes to finding one you are happy with. The questions in this article will help you determine if your agent is suited to your needs. What do you recommend asking agents during the vetting process?