Questions to Ask a Buyer's Agent Before Hiring One!

Compliments of The Realty Group

  1. What is your personal business philosophy?
  2. How long have you been a full time real estate professional?
  3. What continuing education have you completed in the past 2 years?
  4. What professional designations do you hold?
  5. What are the most SIGNIFICANT benefits will we receive by hiring YOU as our BUYER’S Agent?
  6. Do you personally handle your own transaction paperwork?
  7. Do you use any assistant(s)?
  8. Do you use outside escrow coordinator(s)?
  9. How available will YOU be to us if we hire you?
  10. How will you be communicating with us and on what basis?
  11. What happens if you are out of town, on vacation, etc. in terms of your backup?
  12. What, SPECIFICALLY, will be your strategic plan to help us find the home we are looking for in the shortest amount of time?
  13. What, SPECIFICALLY, will be the costs to hire you (by Buyer-Broker contact) as our BUYER’S Agent?
    To close escrow, based on the price range we are interested in buying in?
  14. Will you ALSO represent the Sellers on any property we are interested in making an offer on?
    Do you work as a “dual agent” on transactions?  Why?  (Why not?)
  15. What is your “average days on the market” (D.O.M.) for listing inventory that you have sold to BUYERS during the past six months?
  16. What amount of time (in days) will it realistically take us to locate a property as we have described and close escrow?
  17. What amount of time (in days) will it realistically take us to finance a property as we have described?
  18. What amount of time (in days) will it realistically take us to close escrow on a property as we have described?
  19.  Based on the features and characteristics of the home we are considering BUYING:
    What are the 3 most IMPORTANT characteristics in the home(s) we have identified as being interested in buying, to make the wisest possible investment, given the current market?
  20. Based on the features and characteristics of the home we are considering BUYING:
    What are the 3 most LIMITING features or characteristics in terms of investment value in the home(s) we have identified as being interested in buying, given the current market?
  21. What, SPECIFICALLY, do you recommend we do consider in terms of property inspections, evaluations, and other disclosures for the home(s) we have identified as being interested in buying?
  22. What NEGOTIATION strategies do you recommend to us for achieving the lowest possible PURCHASE PRICE on the home(s) we have identified as being interested in buying, given the current market?