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Questions to Ask Your Realtor When Buying a Home

Written by admin on Jul 17th, 2009 | Filed under: Uncategorized

When buying a home, the questions that you ask your realtor are extremely valuable. Your realtor is assisting you with what will perhaps be your greatest financial asset, so it is important to be sure that the decision is in your best interest. The following are questions you should ask your realtor before and after you hire them.

Questions You Have to Ask

  • How long have you been selling homes? – While some newer realtors are just as proficient at selling homes as their more experienced colleagues, you may want to opt for those that have been working in the business for a longer time. Seasoned realtors tend to move more quickly and can help you focus your efforts in a more efficient manner.
  • How can I get in contact with you? – Find a realtor that can be reached in a variety of ways- email, phone, cell phone, office, fax, etc.  Since realtors are often running from place to place, you need to be able to get into contact with them when you have immediate questions or concerns that need to be answered.

  • Are you a full-time or part-time realtor?– Look to choose full-time realtors that are devoted completely to real estate as they tend to have a better understanding of what you need from them.  Realtors working part-time might not have the best idea of client’s needs and/or the nature of the market.
  • Are you going to represent me or the seller? – Make sure you look for a realtor that is going to solely represent you in order to get the best guidance into the process. Be cautious about choosing a realtor that also represents the seller, as they might push you in certain directions that may not be the most beneficial to you.
  • What are the costs involved? – Be sure to get any quoted prices in writing before you actually begin working with a realtor. This will help to ensure that you are only paying for what you agreed to, and protect you from being hit with undisclosed fees after the sale is done. Also, don’t be afraid to ask your realtor questions you may have concerning financing matters such as loans and mortgage rates as they can often help.
  • How long does it usually take to find a home for a client? – Finding out the answer to this question is often a good way to determine the efficiency of the realtor. A good realtor should be able to listen to the client’s requirements and needs and then quickly find an appropriate match.
  • Will you be showing me listings from other companies or just yours? – Again, this is a question that will show you how objective the realtor will be with your real estate needs.  If the realtor is good, you should be able to see a wide range of properties that appropriately fit your specifications.

  • Is your performance guaranteed? – You want to look for a realtor who will guarantee that they can find you a home.  If not, you should not have to pay for their services or you should receive a discount on other services.

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