If you’re a first time home buyer, there are many things going through your head right now. Atop that list might be: how does a first time home buyer select a Realtor?
Good question! We’ve compiled a list of things to look for — and avoid — when searching for a Realtor or real estate agent to represent you.
Finding the ideal first time home buyer Realtor
- Find someone who knows your neighborhood and is willing to work hard to earn your trust and your business. A good Realtor will respond quickly, offer suggestions and assist you through the entire process.
- When we say the Realtor should know your neighborhood, this includes everything from market trends and comparable listing prices to the location of the nearest schools, restaurants, hospitals, etc.
- Do your research. Ask family and friends about their experiences as first time home buyers. And, go online to read reviews left behind by clients — both satisfied and unsatisfied. We shop online for everything these days. Why should shopping for a Realtor be any different?
- We love this quote that we came across in a recent article: “According to the National Association of Realtors (NAR), 52 percent of first time buyers found their Realtor through a friend — and two-thirds contacted only one agent before moving forward. That’s kind of like having your friends set you up on a blind date, then marrying that person by Date No. 2. After all, how can you be sure you made the right choice without looking around? Simple: You can’t.”
- Don’t be afraid to do a little hard work. Doing your homework (research) will pay off in the long run as an experienced Realtor can not only offer assistance but also knows the secrets to saving you money.
- Don’t be afraid to ask a lot of questions throughout the entire home-buying process. This is no time to act shy. Be a bulldog!
- How long have you been in real estate?
- Do you live in this area?
- Do you work alone or do you have a support team?
- When are you available during the day?
- Do you have any upcoming personal or business plans that will require your undivided attention?
- How much home can I realistically afford while still being able to enjoy life?