When you’re ready to buy your dream home, it’s often ideal to work with a buyer’s real estate agent. Often called “buyer’s agents”, they are among the industry’s top professionals who will assist you in making one of your life’s biggest purchases.
Although a recent survey revealed that the majority of homebuyers highly value working with a buyer’s agent, a significant percentage of homebuyers said they “were not very likely to rehire” their agents. Because you’re about to make a big purchase, it’s sensible that you take considerable time looking for the right buyer’s agent who could help you navigate the homebuying process. Below are the skills that you should look for when choosing a buyer’s agent:
During your homebuying journey, you’ll often communicate with your agent in person, on the phone, or through email. Make sure to work with an agent you’re comfortable speaking with. A good communicator should not only know how to speak professionally and explain things clearly, he or she also needs to establish a personal rapport with you by listening carefully and knowing how to address your concerns. When you first meet an agent, you may want to take note of any first impressions you might have with him or her. Oftentimes, it pays to trust your instinct when choosing an agent.
Solid years of working experience
Like in other industries, experience also matters when choosing a buyer’s agent. According to the National Association of Realtors (NAR), all realtors have a median of 8 years of real estate experience. Experienced agents must be knowledgeable of the local market where you intend to buy a home including the average sale prices and the average time a newly listed home stays in the market. Try to find out the price range of the homes an agent has sold in the past. Homebuyers typically want to work with an agent with solid years of experience helping buyers get great deals and get into homes fast.
Exceptional customer service
The agent you’ll hire will accompany you in almost all the open houses you wish to see, and it’s important that you find someone who can help you reduce the stress of homebuying. No homebuyer would want to work with an agent who is always late during open houses. Reading online reviews on an agent’s Facebook page comes handy if you want to find out if previous clients were happy and would recommend the agent they’ve worked with. However, if you want to verify an online review, you may want to ask the agent to connect you to a previous client to get more details.
A few tips to find a good buyer’s agent
Once you’ve determined your timeframe for buying a home, it’s time that you start finding your buyer’s agent. Realtor.com is one of the websites where you can conveniently find a buyer’s agent. However, you could also get in touch with agents through referrals from friends and relatives who have had experience working with an agent to buy a home. If you’re getting a referral, try to find out what they liked best and what they didn’t like when working with the agent. This could help you narrow down your agent search until you decide that you’re ready to buy a home.
Secure a mortgage pre-approval
Securing a mortgage pre-approval from a lending company like American Eagle Mortgage is often advised if you’re serious to fulfill your homeownership dreams. Agents often ask homebuyers if they already have a pre-approval.
Get in touch with one of our professional loan advisors today if you want to know how to apply for a pre-approval.