Find an Agent Part 2


One way to find an agent is to go to open houses, but this is not recommended. The real estate company holding the open house is representing the seller. At best, the person greeting you and asking you to sign in would be “designated” to be your representative, whereas the listing agent for the seller would be another “designee”. Your designated broker may not even offer an agency relationship–which in many states has to be in writing– so you by default may simply get assigned a “transaction broker” who has no obligation to represent either the buyer or the seller.

Another hazard associated with visiting open houses unaccompanied by your buyers agent is that buyers often unintentionally give clues to their interest and motivation when visiting an open house. If you have signed in to the guest book, the listing company has your name, and if you end up interested in buying that particular house, an outside buyer agent will typically not be offered a commission. In the end you may then be limited to presenting your offer with an agent who works in the same company as the listing agent.

Another error buyers often make is to check the newspapers for ads that are run weekly that show enticing pictures of homes for sale. It is very tempting at that point to call the listing agent. However, that listing agent is under a written agreement to get the highest price and best terms for their seller.

You will save a great deal of time and money if you take the time up front to make appointments with at least two potential buyer agents to interview them. There are at least 10 critical questions to ask an agent before making a decision to work with them. Real estate agents are making a huge amount of money on your purchase and you have every right to be picky. You will want to know who is the top broker in the firm who sets the policies, and then you can decide what agent to select within that office. The owner or manager of the company strongly influences the culture of honesty, integrity, and customer service towards the buyer, and you should know who that person is.

When you find an broker you think is going to be suitable, make sure to check with your state’s real estate commission to make sure that agent is legally licensed. Most professional associations require an brokers to be licensed with their state and in good standing at the time of admission to membership. Another wise step might be to check out that company’s reputation with the Better Business Bureau.
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You should choose an real estate broker who is familiar with the neighborhoods and school districts, because we all know that a good location is one of the top ways to ensure you will be able to sell your property at a good price when the time comes. And that time may be shorter than you anticipate. Most people end up moving again within 5 years. In many areas, you will also want an agent who is knowledgeable about foreclosures and short sales.

When you are looking for a home that is another state or city from your current residence, then you are going to need an agent who is internet-saavy that you can depend on to provide you good electronic access to properties. Be sure the agent you choose will provide you with email alerts and virtual tours of the properties you might like. Make sure their web sites are optimized for mobile devices.

Find an agent with the values of integrity, important qualities in a person that is going to help you in relocating and buying one of the biggest financial investments you will ever make. Evaluate the agent like you would a friend and get to know them as a person to make sure they are not just someone out to make a buck. When you do find an agent, they should be a respected business partner to you during the whole home and property buying process.

Buyer agents are not all alike. Find an agent who is exclusive and who meets your personal criteria for a real estate agent at BuyerAgentSearch.com.