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Choosing the Right Real Estate Agent

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This is an excerpt from our eBook, The ABCs of Buying Your First Home. Get the full eBook for FREE. Download here.

Whether you’re buying your first home or your tenth, choosing the right professionals to support your efforts can make the difference between a smooth transaction and a stressful one. Buying your first home requires a team effort including you, your lender, your real estate agent, your title company, a home inspector and an appraiser. As a member of Mountain America Credit Union, you know you’re working with a trustworthy financial partner. When you choose the right real estate agent, you can feel confident that you’ll find the right home for your needs and your budget, and that your real estate agent will represent your interests during the entire home buying process.

You can ask for recommendations from family, friends and coworkers or look for a real estate agent who works with buyers and sellers in your preferred neighborhood and price range. Some real estate agents have particular expertise with first-time buyers and will take the time to both broaden their search parameters and narrow their priorities. For example, if your most desirable community has homes priced above your budget, an experienced real estate agent can help you identify the characteristics of that area that attract you and help you find others that might be more affordable, yet still appealing.

When you decide on a few potential real estate agents to work with, here are eight useful questions you can ask them to find the right one for you:
 

  1. Are you a full-time real estate agent? Full-time agents are likely to give you more time and attention than part-time agents.
     

  2. Do you work often with first-time buyers? It may be helpful to work with an agent who has experience getting first-time buyers into homes.
     

  3. What price range do you typically represent? Most agents will work with any price range, but a few specialize in luxury homes.
     

  4. How many sales transactions did you close this year? Agents that close frequently have the experience to deal with the complexities of a home closing.
     

  5. Can you help me evaluate the work a fixer-upper might need and how much it would cost? Experienced real estate agents can help you decide if a home that needs a little work is something you want to take on. In addition, they can often recommend several contractors.
     

  6. How often should I expect to hear from you while we’re looking for a home? Good communication is essential when you’re working with a real estate agent, so make sure you establish a relationship from the beginning that you’re both comfortable with.
     

  7. Can you describe the process of buying a home and the role you’ll play in it? This question gives a real estate agent a good opportunity to explain the entire transaction to you and gives you an idea of what to expect.
     

  8. Will you be present at the closing when I buy a home? Your real estate agent should be present, if possible, just to make sure you understand everything you’re signing.


Your relationship with your real estate agent will impact every part of your home buying experience, so take the time to talk to several agents until you find the right one—someone you feel comfortable with and confident about.

Knowing how to find the right real estate agent is just one of the many topics covered in our new eBook, THE ABCs OF BUYING YOUR FIRST HOME. This book offers a practical approach to help first-time home buyers and covers many home buying essentials such as:

  • Setting a home buying budget

  • Choosing the right real estate agent

  • Determining the best mortgage for you

  • Getting your credit score ready for a home purchase

  • And so much more!

 

Download my eBook

 

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