Five Tips on Finding a Good Real Estate Agent for First Time Homebuyers
Article by Jeff Williamson
If you're a first time homebuyer odds are you aren't brave (or crazy) enough to coordinate the entire deal on your own so you need to find a real estate agent. The problem is that there seems to be more real estate agents than there are houses for sale, so how do you know which agent to choose?
1. Ask Family and Friends What Real Estate Agents They UsedI know this sounds really obvious and really simple, but first time homebuyers often think the process is really complicated and overlook the obvious solution. Think of all the people you know...your parents, your siblings, your best friend, your co-workers... at least one of them (if not most of them) has purchased a house and they would be happy to share their good (and bad) experiences with you. Some agents may also offer a referral incentive or give you a discount for being referred.
2. Find The Most Popular AgentTake a look around at houses for sale in your neighborhood, and the agent listing the house. If you notice that one agent has a lot more houses listed than any other agent, odds are they know what they are doing. This one doesn't always work, more often than not the agent is the most successful for a reason.
3. Visit Open Houses Regularly, Even If You Don't Like The HouseOpen houses are great places to meet agents, without them knowing you're interested in acquiring their services. Agents do double duty at open houses, they show the property for sale and they meet potential clients. Talking to potential agents in person is a great way for first time homebuyers to find the agent who they feel comfortable with, plus you may discover a house you weren't considering!
4. Contact Your National Association of RealtorsRealtors are real estate agents that have pledged to adhere to the National Association of Realtors code of ethics. If any complaints are filed against the realtor they can be fined or lose realtor status. Your local realtors office would be happy to recommend a realtor to work with.
5. Make The Real Estate Agent Earn Your Business!There are lots of agents out there and they all work on commission. What does that mean to you? Well they need you more than you need them, and don't forget that. Just because you're a first time homebuyer, that doesn't mean you don't deserve good service. If you don't feel comfortable with an agent or you don't think they're giving you the service you deserve... walk away. There are plenty of good agents out there so don't waste your time with a bad one!
About the Author
First Time Home Blogger is a one stop resource for first time homebuyers to get real estate advice, find a broker, get a mortgage, find the best home they can afford, and act as a guide to buying first home.
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