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Buyer's Network, Inc.
Working 100% for Buyers, 100% of the time

How to Choose a Real Estate Agent
Who Will Represent You

Always ask a real estate agent for references


Buyer's Network recommend that you interview real estate agents before you start working with an agent.

Ask the following questions:

  1. Are you going to represent my interests or the Seller's?
  2. How are your fees structured?  Can I have that information in writing?
  3. What geographical areas are you most knowledgeable about?
  4. What experience have you had as a Buyer's Agent?  Do you have any special knowledge or credentials that would benefit me (e.g. first-time homebuyer programs or training as a buyer's agent)?
  5. Do you have full access to the area Multiple Listing Service (MLS)?
  6. Do you have access to For Sale by Owner (FSBO) and foreclosed properties?
  7. How many homes are you prepared to show me?
  8. Will you sign a guarantee that you represent my interests exclusively and not attempt to sell houses you list? (Buyer's Network does not list property for sale and does not work for home sellers.)
  9. Will you make decisions about what homes to show me without regard to co-fees offered to cooperating agents on MLS listings?

 

Here are a few additional things to consider before working with a particular real estate company:

  1. In most states, including Massachusetts and , Realtors traditionally represent the Seller instead of the Buyer.
  2. You should specifically ask any real estate agent showing you property who they represent.  Don't assume that the real estate agent showing you property represents you unless they specifically provide you with an exclusive buyer agency agreement for you to read and sign.
  3. Most states require that real estate agents provide you with a written "Agency Disclosure" for you to read and sign acknowledging who the agent represents. You are required by law to receive this form upon first meeting with any agent in Massachusetts.
  4. The terms "Disclosed Dual Agent" and " Designated Agent" mean that the real estate agency does not represent your interest 100%.  Only an exclusive buyer agent having both the real estate agency and agent pledge 100% loyalty and fiduciary service to your home buying needs can represent you fully.  Many real estate agencies that claim to act as buyer agents, also list property for sale.  This leads to a potential conflict of interest if you desire to purchase a property represented by the same real estate firm you've hired.  We recommend to work with a firm that represents buyers only.  That way you eliminate those potential conflicts of disclosed dual agency.
  5. Ask any Realtor for references prior to hiring them to represent you.  An experienced buyer agent should be able to provide you with ample satisfied references.
  6. For references and to locate a reputable exclusive buyer agent, call 888-877-8300 or request more information online without any obligation.

 

 

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