Here are the top questions to ask your real estate agent.

Learn how to hire a real estate agent.

 

Most homebuyers hire the first real estate agent they meet without knowing how to interview and hire a real estate agent properly. Make sure to ask these questions before selecting a real estate agent. It can be difficult to reject someone, but if you know how to choose a real estate agent that is right for you, you will have the best home-buying experience.

Is this your full-time job? How many clients have you served thus far year to date?

Choosing an active real estate agent who is not distracted by other obligations and is familiar with the area's current market conditions and laws is crucial.

What number of sales have you handled in the neighborhoods I am targeting?

It is crucial to find an agent with local expertise. If you are interested in a particular neighborhood, try to find an agent with at least one recent deal in that neighborhood.

Whenever a client is dissatisfied with your service, what went wrong?

You can determine if you are a good fit for a client by asking why they have not been happy with their previous agent.

Have you ever been the subject of a complaint from a client?

It is always a good idea to check with the state licensing board if you are uncomfortable asking.

Is there a fee associated with your services?

It is common for sellers to pay their buyer's agent out of the money they pay for the house - typically 2.5%–3% of the sale price. Most buyer's agents do not charge commissions.

In addition to negotiations and escrow, what other services do you provide?

The minimum requirements are negotiations, paperwork, and contingencies.

When I am committed to working with you?

It is common for homebuyers to begin viewing homes without realizing that doing so can obligate them to work with an agent, whether they have a contract or not. Make sure you know the limits of this or arrange for a no-obligation, free home tour with an agent.

What is the number of foreclosures or short sales you have handled?

It is possible to find great deals on distressed properties; however, the paperwork is complex, and your liability is greater. However, even if you are not interested in this type of transaction, the best agents are experienced in handling bank-backed transactions.

Can you tell me who else will be working with me?

Often, agents are supported by a team, but the agent you hire should do most of the work. Make sure you understand what your agent is responsible for.

Is it possible for you to show me all the properties for sale?

Good agents must show their clients the properties they might be interested in, including for-sale-by-owner properties that do not pay a commission.

What is the turnaround time for getting me into a home?

Ask how the agent handles short-notice tours of hot properties, as well as what their day-to-day availability is for consultations.

How do you differ from other real estate agents?

The most important thing to consider when hiring someone is expertise, not just eagerness. You are not going to hire the neighbor kid to rake your leaves. You should hire someone confident and dedicated to their work.

If I am dissatisfied with your service, what should I do?

You will be paid by your agent when you purchase a home, but the majority of customer complaints occur during the closing process. Ask for a satisfaction guarantee.

Is it possible to obtain references for your last five transactions?

The best agents serve all of their clients well, but everyone has some clients that are well served. In contrast to letting the agent choose their most favorable references, obtaining the last five customers of an agent will give you a more accurate picture of their service. You should carefully examine each of these deals to determine if the agent negotiated a fair price on each and how they compare to your needs.

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