How to choose a buyer's agent for real estate? That is a question that I wish every buyer would do and I am going to suggest to you.
The first thing is try to get a referral from someone if you can, someone who you might know. But do not just go off that, just because you are not paying any money for the buyer's agent does not mean you should not have the best, because a good buyer's agent could save you thousands of dollars and dozens of hours in time. A bad buyer's agent could cost you thousands of dollars and possibly a lawsuit. So, I would definitely interview, just interview and ask some basic questions. I have been in the business for over thirteen years, and I have only had two buyers ever interview me and I wish every buyer would do it.
The basic questions are how long have you been in real estate. Now, I am not saying if someone has been in real estate only a year or two years, they are not a really good agent, but you have to see how many deals they have done. Being in business for two years they could have done a lot of deals and worked with a lot of people. Again, someone could be in business twenty years and not really have done much. So ask how long they have been in business, get a feeling of how many transactions they have done. Did they work with more buyers? Did they work more with sellers? Do not tell them if you are a buyer up front, just tell them you have some questions about the market and start asking them and work into this. If you are looking for a condominium, see how familiar they are with condominiums. If you are looking for say a home in New Tampa or Lutz, Florida, make sure they work that area, make sure they know that area, that they know particular homes, that they are familiar with it. A lot of agents out there, they will drive all over the state. I have seen agents from Miami drive to Tampa to sell a home; agents from Orlando will drive to Tampa to sell a home. I am not like that, but a lot of agents are and you really need to hire someone who really knows the market. A lot of people, depending on the price range that you are in, will want to find an agent that deals in short sales Well, do not just ask an agent, do you deal in short sales. Ask how many short sales they have done, how long they have been doing short sales? Why are they a better agent to deal with in short sales than maybe someone else, same goes with bank owned property, same thing goes with new construction. There is a lot of stuff out there and it should only take maybe three to five minutes to ask these questions if that and if the agents are really good, they should be happy and thank you for asking.
Again, I wish every buyer would ask these questions and do their do diligence, because I get probably one to two buyers calling me a week that were not happy with their current agent and maybe saw one of my videos and have said they have learned more from my video or they wished they would have saw me before hiring their agent. And again, there are a lot of really good agents, but there are a lot of agents that are not so good.
I hope this helps you, and I hope you have a great day. So if you have any questions, feel free to get a hold of us at www.tampa2enjoy.com.