Preparing for Homeownership

5 Tips for Working with a Real Estate Agent

Landed | 25 Jun 2019

Wondering if you need to pay the real estate agent when you're the buyer? Interested in figuring out open house protocol? Read on to learn 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 your real estate agent.


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5 tips for working with your agent


5 Tips For Working With Your Agent
  1. Make Your Expectations Known

    Do you want to travel to open houses together? How do you want them to communicate with you? What is your goal and timeframe to buy your home? Will they automatically send you listings they think are good for you as they pop up, or will you receive a weekly email?

  2. 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.

  3. Discuss Open House Protocol

    Will you attend together? Should you leave your agent's business card with the agent hosting the open house?

  4. 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.

  5. 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.

 

Related:
How do I work with my realtor?

 

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Preparing for Homeownership Guides/Tips Working with Your Agent

About the Author

Landed

Former educators on the Landed team created these materials to help you on your homebuying journey. Landed supports educators on the path to homeownership by providing a personalized team that includes a partner agent and a Landed homebuying expert. We help families navigate all of their options for buying a home, including our own shared equity down payment program. Our team provides free homebuying education and guidance as well as competitive offer reviews for educators. Landed works with K-12, college, and university employees in expensive metro areas like San Francisco, Seattle, Portland, Denver, Los Angeles, San Diego, and Hawaiʻi. To learn more visit landed.com.

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