Do Your Homework
up to you to verify the answers you get.
Never make a commitment
to any agent without thoroughly checking their credentials and interviewing them.
Here are some questions you should ask your agent before signing the disclosure
statement or any other paper that binds you to them.
How long have you been in business? (You will want to find an agent who is well-established.)
2. Are you licensed? (Ask to see a current copy of the license
and call to verify that it is still in effect without any complaints or judgements
against it. Seeing a piece of paper that says everything is fine doesn't let you
know if it is still current.)
3. Do you work primarily with
sellers, buyers or both? Why?
4. What do you do to help
5. Have you ever had any lawsuits or
complaints against you? If so, describe them to me. (Always be sure to check with
the Better Business Bureau and Licensing Agency for complaints.)
6. How much do you know about financing? (If they simply refer you to one lender,
you may want to find someone else who is more versed in the financial end of matters.)
What will be your strategy and program for helping me? (They ought to have a plan
8. How busy are you? How many hours per week will
you devote to my needs? (You don't want someone who is so overwhelmed they can't
devote the necessary time to helping you.)
9. Do you have
any areas of specialty I should know about? (Some agents specialize in a certain
type of real estate and will only stray from that area during lean times. Be sure
you aren't being caught in a lean time with someone who doesn't specialize in
what you are looking for. You don't want to be looking for a loft with someone
who specializes in farms.)
10. What differentiates you from
other agents? (Look for positive answers and quantitative responses. You want
someone who is a top seller who knows his or her business.)
11. Please give me three references. (Always check on these references. Call them
and ask if they would use the agent again without hesitation. People are more
comfortable answering this question than offering a recommendation to someone
they don't know.)
Just a Few More Tips
then you can get going!
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