Choosing the Best Realtor as a First Time Home Buyer

January 7, 2010 · 0 comments

in Buy homes

Many first time homeowners are intimidated by the entire home buying process and may turn to a real estate agent to answer all of their questions. While a real estate professional can be a valuable resource for your home buying needs, they shouldn’t be the only resource you count on.

Ilyce Glink, author of “100 Questions Every First-Time Home Buyer Should Question”, encourages homeowners to educate themselves about the prospective neighborhood by doing online research and interviewing several realtors to find the best match. This is a proven strategy for first time home buying success.

There are specific questions you can question so that you can choose the right real estate agent that will be able to properly service your needs. Here are some of the interview type questionss that you can question to help in the choose of who can best service your needs:

1. How many years have you been selling houses in this neighborhood? A well-established real estate agent in your target area will be able to give you more details about what are the advantages and any disadvantage of living there.

2. What is the average price of the houses that you deal? It is to your advantage to find a real estate agent who will show houses that you can afford, rather than someone who will present you with expensive places that are not in your budget range, so you will not waste your time or get into large payments you may not yet be ready for.

3. How many home buyers or sellers do you work with at any given time? This question will give you an thought of how much time the agent can devote only to you and keep up with communications.

4. Do you work with an assistant? The relationship between a buyer and a real estate agent is allowed to flow only by proper communication and it is necessary to know if you be directly speaking with the agent or coursing all your concerns through an assistant. Knowing this will also help make you aware of how the procedure of communicating with the agent will be.

5. What percentage of your business is with first time home buyers? Finding out how frequently your prospective real estate agent works with first time home buyers gives you some indication of their experience and may help you make a better choice for your final selection.

6. How many years have you been employed or affiliated with the company? You can look into the track record of more experience realtors or agents, and the usual preference is to choose one that has had years of service that one that had just started in their career. It is possible for you to question for references so you will know the qualifications of the real estate agent you want to deal with.

It may take a small time before you find the right real estate agent to aid you in your home buying needs, and it is to your advantage to review several qualified agents before deciding. The help of a professional and reliable real estate agent will be invaluable and you can get to achieve your goal of purchasing the perfect home.

If you are a new homebuyer searching for houses for sale in Minnesota, using the internet is one of the simplest ways to locate what you are looking for. The MN MLS allows you to search by price and location, throughout the state.

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