Looking to hire a real estate broker to buy property in Texas?
That’s an excellent choice! Having an experienced realtor on your side will make the buying process hassle-free, and will help you find a great deal.
But here’s the concerning part: according to the National Association of Realtors, 68% of home buyers choose the first agent they interview. You don’t have to be one of them.
Before you sign on any real estate broker, here are some important questions you must ask them:
Question#1: How many clients are you currently representing?
It’s important to know about your prospective realtor’s portfolio. A low number like seven listings or three buyers suggests that they’re either not experienced or not recommended by existing clients.
On the other hand, if the realtor has a massive portfolio, say 50 listings or 20 buyers, it indicates that they are richly experienced and trusted by clients. However, they might be difficult to reach and might not pay close attention to your deals if they’re too busy.
It’s hard to find a balance between experience and individualized attention; you need to trust your judgment to find a realtor who’s a good fit for you.
Question#2: How many transactions did you perform as a buyer’s agent last year?
When buying a property, you need a realtor who knows how to close a deal. Learning about how many properties they sold last year will give you an idea of whether they have what it takes to seal the deal and get you the property you want.
It’s critical that you take the value of the transactions they carried out into consideration. This is because closing a deal on, say, a $2m property will take a considerable amount of time compared to properties that are valued below $200,000.
In the end, you just need to ensure they have sound negotiation skills and knowledge to successfully help you acquire your desired house.
Question#3: Can you provide me with some references?
You should always ask your realtor for references. They’ll provide you with valuable insights into their competence and quality of work. Some important questions you should ask the references include:
- Were you satisfied with their service?
- Was the realtor approachable?
- Did the realtor rush through the process?
- Did the realtor respond to your queries promptly?
It’s ideal to call multiple references. This will help you evaluate your realtor’s performance more closely and make a better, more well-informed choice.
Bonus Question: Do you offer rebates?
What’s better than hiring a realtor who is experienced, competent, and recommended? Hiring a realtor who possesses all these qualities AND helps you save money!
Teaming up with a realtor who offers rebates can potentially save you thousands of dollars and increase the likelihood of successfully finalizing the deal on your dream home.
A realtor may offer a rebate in cash, offer non-cash incentives like gift certificates for home inspection and moving, or perhaps waive closing fees.
At Builder Bucks, we offer realtor Rebates to Buyers Dallas County TX in Texas. Moreover, we also provide home builder incentives and lender incentives Travis County TX to our clients. Get in touch with us by giving us a call at 844-752-8257.