After you’ve gotten pre-approved for a mortgage, the next steps in your home-buying process is finding the perfect real estate agent...especially if this is your first time!
But like everything else for first-time homebuyers, trying to figure out what exactly you need in a real estate agent is essential before you even start your search.
Take a look at these tips to help you narrow down what you should be looking for in the ideal real estate agent.
Are they local?
...Or, at the very least, are they familiar with the local market? You already have a determined price range, so your agent needs to be familiar with the local market and the housing cost within certain neighborhoods along with what the different schools are like and demographics.
Are they in your corner?
This is essential for negotiation purposes. If they are skilled in negotiation, willing to help with property inspections and even recommend certain repairs, then you can rest easy that your agent is on the buyer’s side.
What are their credentials?
Some may think it’s safe to assume your realtor is accredited with all the necessary licensing in order to be a realtor, but keep an eye out for what their credentials are in order to determine they are the most qualified realtor for your first home purchase. Their credentials should include Accredited Buyer Representatives (ABR), Certified Buyer Representatives (CBR), and most importantly being a member of the National Association of Realtors (NAR).
Is there anything to avoid?
There are a few things you should avoid considering when looking for the perfect realtor. First, you should avoid part-time realtors...especially if this is your first home purchase. Part-time realtors have limited availability, and for your first realtor - you’ll have a lot of questions and you need to make sure you have a dedicated realtor available to answer them. Another thing to keep an eye out for is an agent that represents both you and the seller. That means (as mentioned above) that they are not 100% in your court. Lastly - and most obviously - is to stay away from an agent that has poor reviews, you can find a real estate agent’s reviews typically just by searching their name online or on social media. “Disgruntled client” or not, a negative review is a red flag. If for some reason you can’t find reviews of an agent you are searching for, it never hurts to ask an agent for a list of references!