Friday, September 3, 2010

Finding a Real Estate Agent

March 11, 2010 by man  
Filed under Chandler AZ Real Estate

How to Find the Right Agent for You

Buying a home can be a challenging journey – especially if it’s your first time on the market. For this reason, many people choose to enlist the services of a qualified real estate agent to help navigate these waters. You are going to be relying on this person to help you with a large and complicated purchase, so it’s vital to find the one that suits your needs best. Don’t just choose the first person whose advertisement you see or, worse, the person whose picture is on the “For Sale” sign of the house you’ve fallen in love with.

Enlist Your Own Agent

If this is your first time buying a home, you might be wondering, “Why shouldn’t I just call up the agent that’s pictured on the For Sale sign? Wouldn’t that be easier for everyone involved?” What most people don’t realize is that there are typically two agents involved in a real estate transaction – one representing the buyer and one representing the seller. The agent on the For Sale sign is representing their client’s (the seller’s) best interest, and not yours, as that is their professional responsibility.

What this means is that if you approach this person to represent you as well and you tell the agent how much you can afford to spend on your new home, the agent is required to report that back to the seller. Obviously, you want someone who’s going to look out for you in that way. You need a buyer’s agent – but how to find the right one?

Look for Someone with Experience

Now, this isn’t to say that there aren’t plenty of young, up-and-coming agents out there, but if you’re a first-time homebuyer, you really need to find someone with experience – not just as a real estate agent, but also with the market where you’ll be buying. An experienced agent will know plenty about homebuyer incentive programs that are available, and how neighborhoods in target areas have changed over time. Experienced agents have also been through more transactions than their newer colleagues, so they’ll be better prepared to help you through any unusual situations you may experience.

Ask for Referrals

The easiest way to find a good, experienced agent is to ask friends and coworkers which agents they’ve worked with in the past and whether or not they would recommend them to you. Any agent can put together a great looking website or make bold claims in their advertising materials, so you need to go off of more than just paper. If at all possible, get recommendations for different agents and get consultations with each of them. Take the time to prepare some questions ahead of time and give the agent as much information about your housing needs as possible to see what he or she can come up with. You’ll likely find that one is a better fit for your personality and your needs throughout the home buying process.

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