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What are some good interview questions to ask a Buyer's Agent?
I am looking for a house and want to engage the services of an Exclusive Buyers Agent.
2 Answers
- 1 decade agoFavorite Answer
This is a great question to ask on Trulia.com. You're likely to find the right agent for you. In the meantime, check your state's real estate department web site for violations and make sure the license is current.
Does the agent work exclusively in your area full-time?
How long has he/she been doing this?
Ask for references (preferably from the last 3 deals done, not just hand picked people who will only say good things.)
What concessions does the agent usually get in the deal?
Good luck!
- 1 decade ago
Hi Mac,
Here are some steps that you need to take when you are ready.
~ Meet with three lenders. Compare interest rates, loan programs, and fees. Keep in mind all fees are negotiable. Ask for a copy of the following so you can shop around.
a) Good Faith Estimate (RESPA requires lenders to give you a copy of this within three business days upon receipt of application.
b) Truth in Lending Form
~Do your research online for the neighborhoods that are desirable to you. Go to http://realestate.yahoo.com./ It has graphs, maps, calculator, interest rate, and virtual tours.
~Find a real estate professional that has an ABR (Accredited Buyer's Representative) designation. Someone with this designation will have your best interest in mind. Go to http://www.rebac.org./
