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Questions To Ask Your Buyer Agent

June 13, 2014

When you decide to purchase a home more then likely you will start your process on the internet. Perhaps starting to look at listings in an area you like or maybe getting more information about the process and the costs of purchasing a home.

The fact is at some point you will have to deal with an agent. The problem many buyers have is how to commence the process of choosing a buyer's agent to represent them and work on their behalf. Most people get recommendations from friends and work aquintances who have already purchased a home BUT remember this is the largest most important investment you will probably make in your life. 

No matter who you decide to work with we strongly recommend you interview atleast two agents to make sure they can offer you the service you are looking for and that they meet your expectations.

Here is a list of questions you should ask the Buyer agent you interview:

1) What percentage of your real estate transactions in the last year was helping clients to buy?

2) What is the most important thing to you when you work for me?

3) Will you go through all the costs of purchasing a home UPFRONT with me?

4) How many other buyers are you working with right now?

5) Will I be working with you directly or a member of your team?

6) Am I obligated to only working with you? 

7) Do I have to sign a contract to work with you? If so can I fire you if Im not satisfied?

8) Are there any incentives given by the governmnent when buying a home?

9) I was told that the seller pays the Buyer's agent commission. If so, how do I know your working for me?

10) Are you a full time agent or a part time agent

11) If I buy a house is a home inspection really necessary? If so who pays for that cost?

12) How will you communicate with me?

13) How long do you take to respond to me?

14) Do you have any programs that help home buyers?

 

Although you can add to this list of questions. This should help you get to know your agent better and how he/she works.

 


Tagged with: hiring a buyer agent
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