The most important thing you can do when buying a home is to choose the right real estate broker before you even start looking. Here are questions you should consider asking before selecting a broker:
- How long have you been representing buyers as a buyer’s broker?
- Do you, or the company you are with, take listings? Do you practice dual representation?
- Is most of your business in listing properties or in assisting buyers?
- Will you try to sell me one of your listed properties before you show me listings from other real estate companies?
- Do you have information about For Sale By Owner properties?
- May I have the names and phone numbers of three to six of your most recent buyer customers?
- What is your commission? Or do you have hourly rates or a set fee?
- Will there be a written agreement?
- Do you have a list of vetted home inspectors, insurance agents, and reputable lenders for me to consider?
- How will you help me save money?
- Specifically, how will you protect my interests and why should I hire you rather than another broker?
