Understand how to build a rapport with your real estate agent and work together in order to find the right home. The infographic below lays out five tips for working with a real estate agent as a buyer.
Some questions you might have for your real estate agent include:
- How do I work with my realtor?
- Do you pay a real estate agent if you are the buyer?
5 Tips For Working With Your Agent
Make Your Expectations Known
Talk Through Must-Haves & Neighborhood Preferences
Let your agent know home features you absolutely cannot live with and without, as well as wishlist features. Remember they might not all be possible, so it’s helpful to rank. Share the why behind your preferred neighborhoods so they can help you find similar areas, if needed.
Discuss Open House Protocol
Will you attend together? Should you leave your agent's business card with the agent hosting the open house?
Be Transparent With Your Budget
Make sure your agent knows your ideal and maximum budget so they can provide houses in your price range (in competitive markets, houses may sell for higher than listing).
Ask your agent about your local market and what to expect. This information will also help your agent negotiate for you down the line.
Understand Agents Work On Commission
If an agent does not transact (help you buy your new home), then he or she won’t get paid. Agents are highly motivated to do a good job for you. (When you are a buyer, the commission your agent gets comes from the seller's agent – you don't pay them!) Your agent is on your side.