What Questions I Should Ask A Buyer's Agent Before Hiring Him?

By Michelle L Published 01/16/2010 | Real Estate

When it comes to hiring a buyer’s agent, i.e. a property agent who will represent the buyer of a property, there are certain things that you need to know before you hire him. Always keep in mind that the agent that you choose will represent you when he is negotiating with the seller so it is of utmost important that you select the agent who is not just experienced and effective, but also honorable. There are so many questions that you can ask the potential agents before you decide to choose one and in this piece of writing, I am going to tell you about the questions that you can ask.

First of all, you need to ask them how they look for potential properties. Do they depend on the MLS only for this purpose? Or do they depend on other sources as well? Once you have asked this question, you need to ask them how much time you have to give them if you want to view a particular property.  This way you will be able to tell how much in demand their services are. If they say that it will take them many days before they can show you the houses, then may be they are too busy and they have too many clients that they are working with at the moment. As such, it may take them some time for them to work on your project. You can also ask them the number of clients that they are working with at the moment. This will also help you have fair idea about whether or not they will be able to give you the attention that you deserve.

You also need to ask the agency whether it is willing to represent you if you wish to purchase a property that is under the FSBO (for sale by owner) category. There are many agencies who do not involve in selling this kind of real estate property because they generally do not get paid by the seller of the property if they take on this kind of project. You can also ask the agency how they will get in touch with you when they find a property that they think will meet your needs and requirements. Generally, you will be asked to leave a number where you can be reached so that whenever the agency wishes to get in touch with you about the potential properties, they will be able to successfully get in touch with you by calling you.