You can profess to be the most brilliant mind of all times, but if you don’t have a clue about etiquette rules when dealing with real estate agents, you will get yourself nowhere. You need to recognize that real estate agents love working with people, but there are always clients who may unintentionally cross the line. Here are a few simple protocols you can use while shopping for a home that will keep you out of hot water and on good terms with real estate agents.
Understand Agents Work on Commission
Very few real estate agents work on salary. Most real estate agents are paid commission. If an agent does not close a transaction, they do not get paid. Agents are not public servants and do not work for free. Do not ask an agent to work for you if you intend to cut the agent out of your deal.
Keep Appointments and Be on Time
Be respectful, use common courtesy and don’t expect an agent to drop what they are doing to run out and show you a home. You are probably not that agent’s only prospect or client. And if you are, lord help you. Do not make an appointment with an agent and then forget to show up. If you are running late, call and let your agent know when you expect to arrive.
Choose a Real Estate Agent in Your Local Buying Area
If you decide to hire your own agent, interview agents to find an agent with whom you are comfortable. If you are interviewing agents, let each agent know you are in the interview stage. Never, never, never interview two different agents from the same company. Trust me: Don’t do it. Be sure to interview agents in your local buying area who will have the latest and best information on houses you would be interested in. If you are in the area of Illinois, Wisconsin or Minnesota, Elite Realty Group can provide you with excellent agents that are knowledgeable of homes in that area.
Sign a Buyer’s Broker Agreement with a Buying Agent
Expect to sign a buyer’s broker agreement. It creates a relationship between you and the agent and explains the agent’s duties to you, and vice versa. Ask about the difference between an Exclusive and Non-Exclusive Buyer’s Broker Agreement. If you’re not ready to sign with a buyer’s broker, do not ask that agent to show you homes. Otherwise, a procuring clause may pop up. Ask your agent if she will release you from the contract if you become dissatisfied. If she refuses, hire somebody else.
Make your experience in hiring a real estate agent a pleasant one. You will find that the right agent can make buying a home a memorable experience.
Company Name: Elite Realty Group
Phone: (715) 830-1011
Country: United States