Having the right real estate
professional by your side can greatly improve your
home-buying experience. A good rule of thumb is to
interview a minimum of three candidates. Here are 10
questions to ask during an interview:
-
Are you a full-time professional REALTOR®? How
long have you worked full time in real estate?
-
What geographic areas do you specialize in?
-
Do you have a Website? What information can I
find there?
-
How will you keep me informed during my home
search and throughout the transaction?
-
Do you have a staff or a team? If so, what roles
will they play in my transaction?
-
Will you show me properties from other
companies’ listings? (Some real estate companies
do offer their buyers’ agents a higher commission if
they are able to sell “in-house” listings. In those
instances, there can be added incentive to limit the
range of homes you are shown. This may affect your
home search and how much your agent’s fee will be.)
-
Will you represent me exclusively, or will you
also represent the seller? May I have that in
writing?
-
How will you get paid? How are your fees
structured? May I have that in writing?
-
What distinguishes you from other real estate
agents? What is your negotiating style?
-
May I contact some of your recent clients as
references?
Do you have a
performance guarantee? If I am not satisfied with your
performance, can I terminate our buyer agency agreement?
(In the heavily regulated
world of real estate, it can be difficult to offer a
performance guarantee. Typically, agents will outline
verbally what you can expect from their performance.
Keller Williams Realty understands the importance of
win-win business relationships: The agent does not
benefit if the client does not benefit.)