Genevieve asked:
Say if I am trying to pick a realtor to go with to buy a new house. What should i be looking for in a realtor?
zara i am a buyer not a seller
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22
Sep
Genevieve asked:
Say if I am trying to pick a realtor to go with to buy a new house. What should i be looking for in a realtor?
zara i am a buyer not a seller
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9 users responded in this post
Experience! and how many houses have they sold
Someone who is trying to find the best home for your budget wise, and etc. So my advice is let them do the talking and see if they’re asking you all the right questions. If not then they’re probably not looking out for your best intrest. Remember they make profit off of you..so make sure they’re doing there job which is to find you your prefect home!
you should really ask they following:
what types of advertising they are going to do for you
how often they are going to hold an open house
how much they are going to charge you
these types of questions are really good.
if i think of anymore i will let you know
Someone that does not look down on you and talks to you in a language that you understand. Someone that returns your calls and is genuinely interested in showing you property.
how much they know about the property in question. How many people died there, statistics about the neighborhood crime rate, how often the trash is collected, how much property boundary are you allowed to build outside of, what type septic tank does this house use, who is the neighborhood lawn contractor. Those should give you idea of the realtor’s knowledge of the houses.
Talking to your Realtor should be like interviewing, you interviewing them that is.
You should tell them you what you want IDEALY.
Tell them about your dream home and the price you will pay for it.
This lets them know what they are working with and if it is even worth their time. If you tell a Realtor, I have 300K in financing, and I want a 4 bedroom, 2.5 bath 2 car garage house, they will tell you if they can help you or not, maybe even refer you to someone who can help you.
Just remember they work for you, not the other way around.
1. Does he/she know, or know of, the previous occupants.
2. Does he know of any problems with the neighbours.
3. Does he know of any problems with the property.
4. Has he inquired of the police regarding the property and the previous occupants.
5. Is he being fair and honest with you.
6. (for total cover): Does he know of any reason why you should not purchase the property.
Have a witness with you to make notes of his answers as if he misleads you into purchasing the property, you may have some come-back later.
Hi, Choosing the right realtor can be frustrating. If you know the neighborhood where your going to be purchacing a property, and want to save alot of money, I recommend going to open houses yourself. Most listing agents would be more than happy to represent both the buyer and the seller (remember there’s usually 2 agents that get paid out of the purchace price, the buyers agent recieves 3%, and the sellers agent recieves 3%). If you find a sellers (listing) agent that will represent you also as the buyer ask them if they would be willing to split the buyers agent commision with you which would be half of 3% equalling 1.5%. 1.5% on a 500K property would give you $7500.00 in your pocket. This money would have gone to your buyers agent, and now it’s going to you instead all because you were smart enough to do it this way. Money that you could do whatever you wanted with. Apply it towards the down payment, put it in your bank, whatever! And the original listing agent who is now also your agent will take care of all the paperwork transactions.
Hope this was helpful…
How much they charge isone good question. Remember that cheaper is not always better. Ask what you get for that fee.
Ask them if Real Estate is their full time job or a part time gig. If they are not full time, they may not have the time to show your houses as often as possible. They also may not be able to afford marketing and advertising expenses to properly show off your property.
A full time agent, that has sold plenty of properties and has a good advertising budget will get the word out about your property.
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