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Thursday, September 8, 2016

Tips to Find the Best Buyer's Agent



I wanted to share some tips with you for finding the right agent when you're buying a home.

Anytime you buy a home, you want to hire a buyer’s agent. This is an agent who works solely with buyers, so you know they're not steering you toward any listings they have instead of all available homes on the market. This ensures that they're working completely on your behalf, representing you, and finding you the best deal they can.

Contact an agent about six to 12 months before you actually plan on buying a home. If they are a good agent, they'll educate you on the entire process with a buyer consultation and follow up until you're ready.






A great buyer's agent only works 
with buyers and doesn't take listings.



There are five questions you should ask when interviewing agents to help you determine what kind of agent they are:
  1. Do you take listings? This will show you whether they're a true buyer's agent, or if they work with both buyers and sellers.
  2. Is this your full-time job? You want an agent who works full-time in this business and loves what they do enough to be committed.
  3. How many buyers do you help find homes a month? This will show you how active they actually are and how hard they're working for their clients. When an agent does great work, people will refer them to other people they know.
  4. How many homes do you personally view a month?
  5. What is your asking price to purchase price ratio compared to other agents in the MLS? This will tell you what kind of deals the agent is able to negotiate on your behalf.

Finally, I wanted to give you some final thoughts. A good buyer's agent will educate you on the whole process, not just give you a sales pitch and open some doors to see houses.

A good agent will also always get you pre-qualified by giving you names of lenders so you’ll know you how much you can comfortably afford to spend. Finally, a good buyer's agent will always ask you to sign a buyer agency agreement. This ensures that they're committed to you and will work as hard as they can on your behalf.

I hope you found this topic helpful if you're planning on buying a home. If you have any questions, don't hesitate to reach out to me.