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How to Hire a Real Estate Agent — and Be Their Best Client Ever!

6/17/2020

5 Comments

 
heart in house graphic
​Being a good partner to the agent you pick will make you both happier house hunters.
When you buy a home, your agent is effectively a business partner. You’re both working toward the same goal: Closing a real estate deal. That’s why it’s in your best interest to to know both how to hire a real estate agent and how to build a good relationship with them. Because the better an ally you are, the better an ally your agent will be. Here’s how to pick a real estate agent and work well with them.
1. Know What You Want
     A lot of home buyers dive into the house hunt with no idea what they want, so the first and best way to be a good client is to know exactly what you’re looking for in a house.
     Ask yourself a couple of basic questions. What’s my budget? What type of house do I want, single family or town home? Is there a design style I must have? A neighborhood I need to be in?  
     Knowing these specifics – and telling them to your agent – will help him find homes that match your criteria. Because neither you nor your agent wants to waste time looking at dozens of houses that aren’t even close to what you have in mind.
“Over-communicating your intentions and goals is a really good idea,” says Ashton Gustafson, an agent with the Bishop Group in Wichita Falls, Texas. 
Knowing exactly what you want can help you know how to pick a real estate agent, too. Some agents specialize in certain neighborhoods, and some specialize in old houses or particular architectural styles.
2. Meet Agents In Person
     It’s fine to start off your relationship with an agent via email, text, and phone, but before you hire him to work with you, set up a meeting. Yep, do a face-to-face interview.
     It’s a good idea to interview three agents before picking one. Here are some questions you should ask:
  • How long have they been an agent?
  • What neighborhoods do they specialize in?
  • How many homes they’ve helped people buy in the last year?
  • How many clients are they’re currently working with?
     Meeting in person can help both sides determine compatibility and establish trust. To the agent, meeting them IRL is a sign you’re serious about buying.
“When I ask a question of a buyer, if I can’t see their face (then) I can’t see their reaction, and I have no idea if I’m really getting the emotions that are behind their answers,” says Jackie Leavenworth, an agent and real estate industry coach in Cleveland, Ohio.
3. Set Up Expectations for Communication
     Tell your agent how you’d like to stay in touch during the buying process.  Do you do prefer texts? Facebook messenger? Or do you like old-fashioned phone calls (Telephone calls: Still a thing!)
     Tell them how often you expect to hear from them, too. Daily? Weekly? And tell them the best times of day to reach you, too. “My successful buyers ask what kind of communication they’ll have with me,” says Thai Hung Nguyen, an agent with Better Homes and Gardens Real Estate Premier in Washington, D.C. “My answer to them is always, ‘It’s totally up to you.’” 
4. Be Respectful
     Be mindful of an agent’s time. Don’t flake on showings. Be prompt.
If you disagree with your agent, respectfully tell them why. 
Resist the urge to freak out if the agent doesn’t immediately respond to a text or phone call. “People hire me because I jump through hoops, but I also need buyers to know that I have a life, too,” says Leavenworth, the Cleveland agent.
5. Get Organized
     We told you communicating your wants to your agent was key. Here’s a good way to do it: Write them down. We recommend filling out our first-time buyer’s worksheet.
     Give a copy to the agent. He’ll be better able to find homes that match your criteria.  You should also have your financial records in order. This means getting pre-approved for a loan. Pre-approval for a mortgage says you’re serious about buying a house and not just window shopping. “Anything we do without a loan approval letter is pure speculation,” says Marki Lemons-Ryhal, an agent and social media strategist for real estate in Chicago. 
6. Admit What You Don’t Know
     Real estate transactions are complicated. Don’t be embarrassed if you don’t know what all the terms mean, or what to expect from each step of the process.
If you don’t know what escrow means, ask. If you’re confused about the terms of an offer, say so. It’s totally normal to ask an agent for a little hand-holding — that’s what they’re there for. 
**Part of knowing how to hire a real estate agent is finding one you trust enough to tell you things you don’t know.
7. Don’t Play The Field With Other Agents
     If you’re working with an agent who is hustling for you, don’t dally around with another agent. In real estate, just as in romance, that’s cheating. It can backfire by damaging your relationship with your agent.
     If your agent finds out you’ve got other agents showing you houses, he may prioritize other clients. So a big part of knowing how to pick a real estate agent is knowing that you need to stand by your agent once you hire him.
     In fact, it's in both your interest and the agent's to sign a buyer's broker agreement for a set period of time. The agreements spell out the rights and duties of both parties, including exclusivity.
Article Courtesy of houselogic  by  Realtors®

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We would love to help you with our Brook Realty Home Buying Plan!©   Contact Us!  

5 Comments
Katrina
6/17/2020 06:08:45 pm

Communication is key!

Reply
Missy
6/17/2020 08:36:54 pm

That is absolutely true!!

Reply
Jessica Fuller
6/17/2020 09:46:08 pm

I can't believe people cheat on their agents, how rude! They should just be honest if they find someone else so they're not wasting the agent's valuable time.

Reply
Missy link
6/18/2020 10:23:58 am

It is sad. We are supposed to be a team. Better to just "break up" with us. :(

Reply
Jonathan May link
10/4/2020 11:01:13 am

Hiring a real estate agent can really help you in finding a new home, you just have to be careful in trusting one.

Reply



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    I am a 20 year educator turned realtor! I love my family, my animals and of course real estate! 

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