Do Your Research Before You Buy

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Thanks for joining us today. As promised, we are going to continue with our series of five essential home buying tips. Today is all about tip number two: Do your research!
For those who know me and have worked with me in the past, this is very near and dear to my heart. Not all Realtors, or real estate brokerages, are created equally. For those who have not worked with one of us at Redline, I’ve come up with these three questions that you should use when you’re interviewing Realtors in order to find the best one for the job.

1. How has your business changed over the last few years?
The answer to this question will tell you a lot about your agent. Are they going to be asking a lot of questions in response, without answering yours? The industry has changed so much in the last 3-5 years, their answer should be “almost everything.” How we find homes, how we buy homes, and how transactions are completed have all changed. There is very little that remains the same.

2. What is your experience level?
The number of years someone has worked in a given field doesn’t always tell you what their experience level is. It’s all about what your Realtor is doing today. Have they worked with investors or invested in real estate themselves? The true experience comes from being out there and being involved. From being a fully-fledged Realtor as opposed to just a salesman. The more experience, the better.

3. How will we work together to help me find a home?
Is the agent simply going to tell you, “We’ll set you up with a home search and you let us know the ones you like.” If that is their only answer, just run. Your agent needs to be proactive in finding your home, whether it be by calling other agents to find listings, checking expired listings, or FSBO properties.

Of course, there are a lot of questions you should be asking a potential agent, but these are the three I wanted to share with you today. They will give you a clearer picture as to whether you’re hiring the right person or not. Next time, we’ll be back with tip number three! If you have any questions for us before then, give us a call or send us an email. We’re always here to help!