It’s easy to see why people hire real estate agent’s to work for them as a buyer’s agent. The service is free, the guidance is invaluable, and the process will be streamlined. No second guessing on how a real estate transaction should flow when you are working with a good real estate agent. The trick is finding the right agent for you.
If you are in the market to hire a real estate agent, you should make sure the person you are working with is someone you like and feel comfortable with upon your first meeting. Although real estate agents are ultimately in charge of selling you a house, real estate sales involve a whole lot more than sales.
For starters, if you are out selling real estate, you are licensed by the state to perform within certain legal guidelines. If you are a Realtor and a member of the National Realtor Association, you are also guided by a strict rule of ethics. Both the licensing and membership with the various real estate boards cost someone selling real estate quite a bit of money. If they are a full time professional, they are not selling you a house to sell one house, most are likely selling you a house and doing the best job they can to represent you as well as they can.
There is a reason they do this. The reason is that they got into the business because they thought they could do it and it would provide a nice income. Once they got into the business, they realized it is a very expensive and competitive business to stay in. And in order to stay in it, they would have to do a great job to get repeat customers, referrals from past clients, and keep their licenses in good standing for their boards and for the state. If they didn’t do that, they would need to get out of the business.
So, once an agent is in the business for a while, they realize that the reward is in the great feeling they get when helping a client get the house they want, or sell the house for a good price. It is a stressful business to be in as there are so many variable to consider with each sale.
The considerations for each sale are directly related to the client that is being represented by the real estate agent. It is the agent’s fiduciary responsibility to look out (and over) that client.
Find your real estate agent that is someone that works well with your personality and do this with conversation. Not everyone fits together and certainly not every real estate agent will feel like the one you want to spend hours in a car with, or negotiating a contract with. Once you find a home you would like to purchase, the time from there to closing is usually a good four to six weeks and sometimes longer.
So, hire your buyer’s agent on your own gut feeling; not your best friend or family member that swears by them. If you don’t like them, move on and find someone that you do like, because your relationship with your agent may very well turn out to be a long one. And if it is a long relationship, wouldn’t you want it to be with someone you like?