Homebuying presents plenty of challenges.
Before looking at houses, find a trusted lender to pre-approve you for a loan and carefully select a Trusted Real Estate Broker who prioritizes your interests. Watch out for these red flags when hiring your next Home Broker:
Beware of slow response:
Communication is the top complaint clients have with their agents, according to highly rated Realtors. Though it’s not always possible for an agent to respond to an inquiry in an hour, he or she should get back to you within 24 hours. If not, it’s probably time to move on.
Trust your first impression:
If an agent fails to show up on time for an early appointment or sounds overwhelmed when you first call, imagine how they might manage negotiations with your home on the line. If they act flustered, rude or out of sorts, look for a better fit!
Drop agents trying to steer your search:
Real estate agents who only send you their listings or their companies are looking to sell in-house for a bigger commission rather than earnestly trying to find you the right house. Good agents ask questions to get a better sense of your needs, rather than pushing the houses they want to sell.
Avoid inexperienced or part-time agents:
Experts advise against hiring an agent who only works part time or one who offers a limited selection of homes from which to choose. Also, beware of hiring friends and family who have limited experience, real estate pros say. Be polite, but insist on hiring a professional who works full time.
Insist on first-rate representation
Would-be homebuyers who find themselves under contract with a low-performing agent may feel stuck. But if you’re unhappy with an agent’s service, ask to part ways. Reputable Realtors won’t want to continue a sour relationship. If that fails, consider talking to an attorney familiar with local real estate laws to advise whether you can cancel it.