When you are planning to buy a home in San Diego and trying to decide which buyer's agent you should hire, get prepared for your interview with a list of questions for hiring a buyer's agent.
See my list below for all the questions you might want to ask BEFORE hiring a Buyer's Agent
in San Diego:
1. Are you an Exclusive
Buyer's Agent? Do you spend 100% of your time representing Buyers and
will you guarantee me that you will not be representing any seller at any time
while you are working for me? Does the company you work for
ever list homes for sale in the areas I am interested
in?
2.
Do you have a written
agreement? What is the duration of that agreement? What if I see a
for-sale-by-owner house on my own?
3. How experienced are
you? How long have you
been licensed? Do you work in real estate full
time?
4. Will I only be
working with you? Will you handle all aspects of my transaction, or
will you delegate some tasks to an assistant?
5. How do you get
paid? Is it possible that some sellers/seller's agents offer
you higher compensation than others? Will you disclose to me how much the
seller/seller's agent is offering to pay you before I write an
offer?
6. Do you have time for
me? How many clients are you working with now, and are you available
to help me in my desired time-frame (when are you available?)?
7. Are you on my side or the
seller's (or both)? Will you tell me everything you can find out about
the sellers and their reasons for selling?
8. What's your system for showing me
homes? How often will
you supply me with properties that meet my criteria? How will you get them to
me? Will you point out all the negative aspects of each property as well as all
the positive aspects?
9. What kind of Expert Advice can you
give to me? What professional training and continuing
education do you have that makes you more qualified to
represent San Diego home buyers in the current marketplace (such as
obtaining a broker's license over a salesperson license, Accredited
Buyer Representative training and designation, Short Sales and
Foreclosures training and designation, Certified Negotiation
Expert training and designation, local market expertise, etc.,
etc.)?
10. What's your system for helping me
write an offer? Will you provide information on recent sales and help
me formulate an offering price and negotiating strategy?
11. Will I have access to every
home? Will you show me all the homes on the market that meet my needs,
including For Sale By Owner properties, foreclosures, short sales, HomePath
REOs, HUD homes (Have you applied and been approved by HUD to represent buyers
on their properties?), and other properties?
12. Will you truly only be loyal to me
(not the seller)? Will you guarantee that any information I give you
will be kept confidential and guarantee your undivided
loyalty?
13. Will I see you again after my offer
is accepted? How do you view your role after we negotiate an accepted
offer (prior to close of escrow)? Will you be helping me with my investigation
of the home, inspections, reviewing disclosures and reports, going to
appointments with me, etc.?
14. What neighborhoods do you work
in?
15. Will you ever become a dual agent
while working for me? How would you represent me as a buyer client for properties listed with
your brokerage? Will you change your relationship with me to "dual agency"? How
might that affect your ability to negotiate on my behalf for those
properties?
16. Are other home
buyers happy with your services? Do you have references from other buyers who have
used your services? Do you have an association membership that has a published
code of ethics or standards of practice?
Also Read: Salesperson vs. Trusted Guide
Also Read: Buyer's Agent vs. Exclusive Buyer's Agent
Also Read: What's Included in Globella's Free Buyer Strategy Session?
Also Read: How Exactly Does a Buyer's Agent Get Paid?
Also Read: 5 Reasons Globella's Clients Are Thrilled at Closing