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What questions should I ask a real estate agent when buying a house?

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Asked by Admin

September 20, 2013 under Others


Answered by Nicole La Capria

September 26, 2013

Hello, and thank you for visiting Movers.com!

A home is the biggest purchase you'll ever make--and is not a decision to come to hastily. The home-buying process requires a lot of research, searching, consideration, and an experienced, knowledgable real estate agent toguide you through the experience.

Before hiring a real estate agent to help you with your home purchase, be sure to ask these important questions:

  • Are you licensed? You can never be too careful--be sure to verify that the agent is licensed by checking with the local real estate board.
  • Are you a member of the National Association of Realtors? The NAR requires agents to meet a certain code of standards, which will ensure that you are dealing with a quality professional.
  • What is your experience? The length of time the agent has been in business is directly related to her ability and savvy handling common real estate industry issues.
  • How much can I afford? Your agent should be capable of helping you determine your budget.
  • What are the terms for terminating our agreement? When using a real estate agent to buy a home, you will enter into an agreement that the agent is working on your behalf. The length of time of this contract will vary. If you wish to use another agent to find a house, you will want to know the terms for terminating your agreement and the costs--if any.
  • Are you familiar with our area? You will want to confirm that the agent is familar with the neighborhood where you are house-hunting to ensure he can find you a quality home that suits your needs.
  • How many homes have you sold? The more successful transactions your agent has under her belt, the more confident you can be in her ability to find you a great home.
  • Will you show me houses listed by other companies? Verify that the agent isn't biased towards his own realty group and will show you a variety of homes.

 

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