Dilemna of choosing the right agent for buying a house?

Question

We are first time home buyers and with the many options of real estate agents out there in the market, we cant decide as to whom should we choose? Should we choose some Rookie agent who has 2-3 years of exp but in order to gain trust and get business, will go the extra mile for us in making sure that we get a good deal, or should we go with an experienced agent who is well seasoned in their profession? As a buyer is it really necessary to have a really experienced agent rather have someone who is relatively less experienced but is willing to work more closely with you to make sure that all goes well? What has been the experience of others on this forum?

Answer 1

I think the single most important trait you should look for in a real estate agent is honesty. By honesty I mean the ability to tell you the truth at the risk of losing a commission. Let me tell you, those type of agents are few and far between. Most agents will tell you whatever you want to hear just to make a sale and that is truly unfortunate. Good luck and happy house hunting.

Answer 2

Buying your new home is a very major decission to have to make and one that warrents a lot of input. Where to buy, how to finance and what to pay is questions or concerns on every home buyers mind.

What you first need to consider is how much you can afford in payments and how much down payment you have. That being said, you'll then and only then realize how much you can spend.

Interest rates have been low the past few years but also show signs of going up in the coming months, hopefully not to the point of foreclosures like we experienced in the 80's and 90's. It's important to shop your mortgage and find the best rate with the best repayment plans that suit your individual desires and ability.

Purchasing an existant house, requires a thorough examination of all facits of the house. Don't be mislead into thinking something is in tip top shape only because it may look good. Have a qualified home inspector do a thourogh evaluation of the home. All to often, flaws are covered by a new coat of paint or a new carpet. Many people will only spend the absolute minimum prior to selling a home only to make it look good. It's well worth the cost of an inspection to put you in the drivers seat when it comes to bargaining for the home.

Realtors all claim to be professional but that's not always the truest statement made.Con artists too can be professional and still be con artist anyway you look at them.

Also, remember, that when you find a house that interests you, you are not complelled to buy from the realtor who's name is on the sign. All realtors from all offices will gladly let another realtor show and sell their listing regardless whether it's listed MLS (Multiple Listed Services)

Also too, stay firm in what you can afford and don't go over budget merely for the sake of the house. It's better to settle for a property that you can afford to live in and later sell in order to get your perfect house later.

Always remember, that if you can't afford a particular house today, doesn't mean you won't be in a better financial picture 5, 10 or 20 years down the road. Also, for every dollar the home you wanted but couldn't afford goes up in the future, so will the house you buy in the beginning.

As for what type of realtor to choose, stay neutral and don't select any one particular agent. Chance are, if you do, you'll feel obligated more so to them then they feel obligated to you.Also, if they know that other realtors may get your business they'll work more diligently to obtain a buyers committment from you.

Good Luck and congratulations on your new home.

Answer 3

I am a liscensed realtor. I have only been selling real estate for a little over a year. I guess you could call me a rookie. However, my production since Dec which is when I went full time in real estate, is almost 7 million is closed real estate transactions. Every listing that I have had, has also sold within the first 4 months.
I think your points and concerns in your question are understandable, I might suggest that if you are interested in either the rookie or the well seasoned agent, you might do a little background check on both. Their production is the proof of how you might want to steer your decision. Eager is great! But a lazy 10+ veteran of real estate might not work for you either. humm..

Answer 4

I know what you're going through cause I'm in the process of buying a home too. I was lucky enough to have a friend recommend an agent that they knew. I think your first step should be to ask around and see if anyone you know can recommend an agent.
More importantly than if someone is a seasoned agent is whether they are right for you. You need to find an agent that fits with what you are looking for. Maybe you could try out a few until you find one that suits your needs. Good luck

Answer 5

you do not must have a actual sources agent to seek for a house or purchase a house for that remember. in case you signal a freelance with a purchaser's agent that agent is envisioned to receives a fee no matter if you detect a sources on your own. This agent may pick to jot down up the contract, take the provision to the promoting agent or the owner of the living house. it truly is how they're paid. in case you detect a house and go away them out they could ought to top to sue you on your contract you signed. There are some minimum threat at finding a sources on your own, yet someone with basic experience can regularly accomplish this job and are available out o.k.. purely bear in mind you should employ an inspector, in spite of each and each and every of the loop holes they have of their contracts, besides as an appraiser to ensure the price of the sources. lowering the price may no longer be a chance because the house proprietor pays the fee of their actual sources agent. you may make an furnish on the sources it is lower than the asking value. do not anticipate a lot help from the sellers agent in negotiating an furnish. i'm hoping this has been of a few use to you, good success. "wrestle ON"

Answer 6

You should choose the Realtor(R) you feel comfortable with, one you feel you can trust. A new agent has all of the other agents experience behind him or her if they work with a good company that works as a team. a new agent does have more time some experienced agents may not. go with your gut feeling when you interview an agent.

Answer 7

i believe the new people are really going to push to get your stuff done and will be much more available. a realtor is a realtor and they can all do they same things. a loan officer is the first step though. im in texas and im a loan officer and i can also recommend a realtor. if not in texas go to har.com