As you’ve probably already realized there are many types of agencies to pick from when you decide to buy a house. From traditional real estate agencies to an exclusive buyer agency. By far, you will receive the best representation opting for an agent who works only for you and negotiates on your behalf. We compiled a series of questions you should be asking when you’re ready to choose a buyer’s real estate agent.
List of Questions to Help You Choose a Buyer’s Real Estate Agent
- Do you, or anyone working for the company that you represent, ever take LISTINGS or represent the Seller in any way?
- If you are representing me as a Buyer Agent and I chose to purchase a property listed with your office, can you guarantee I will not end up in a “Disclosed Dual Agency” situation?
- Per NH law: RSA 331-A:2 “Disclosed Dual Agent” means a licensee (agent) acting for more than one party whose interests may differ in a transaction with the knowledge and written consent of all parties for whom the licensee acts.
- Will you ask me to sign a “Disclosed Dual Agency Agreement”?
- (a) If I were to sign a “Disclosed Dual Agency Agreement”, who would represent me in the transaction?
- (b) In a “Disclosed Dual Agency” relationship, could you help me in determining the best price and terms relative to the property and advocate for me with an effective negotiating strategy? Could you also advocate for me should any inspection issues arise?
- How many Homes have you sold in the past year? How many of these did you represent the Buyer? How many resulted in a “dual agency” relationship?
- What Buyer Agent courses have you taken and what “negotiation” classes have you taken?
- How long have you been representing Buyers?
- Do you use the same Purchase and Sales agreements with Buyers and Sellers?
- What clauses do you routinely include in an offer that will protect me as a Buyer?
- Will you show me “For Sale By Owner” properties?
- What property records do you routinely research and provide to Buyers?
- Will you present my offer to the Seller in person?
If you’d like to know more about how to choose a buyer’s real estate agent contact us via email or give us a call at (603) 881-3800. Buyer’s Option Realty Services wishes to educate home buyers about the available options making sure their home buying process is a pleasant and stress-free experience.