First Home Buyers: Choosing the Right Real Estate Agent

  • Posted 23 Nov
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First Home Buyers: Choosing the Right Real Estate Agent

Choosing the right real estate agent is an important part of the process when buying your first home. Buying (and selling) a home are both a financial and emotional decision, one that you want to ensure you make with all the right information.

Which is why the person you entrust with finding the right home for you and your family needs to have your best interests at heart.

Before you choose an agent, review our tips below to ensure they tick all the right boxes…

 

How to Find the Right Real Estate Agent

#1: Research

It always comes back to research and due diligence. No matter what you do it life, if you want to ensure you get the best deal, the only way you can do that is to ensure you’ve done as much research as possible to allow you to make an informed decision.

Here are some way’s to do your research on a potential agent:

  • Look at who has the most listings in your local newspaper or online website. Then track how long it takes for them to sell a property.
  • Ask friends and family for recommendations.
  • Look at an agent’s previous sales history and how they represent themselves
  • What about the agency they represent? What is their reputation like?

Trust your instincts once you’ve got all of this information. Bottom line: if the agent can’t look you in the eye when they’re talking to you, walk away.

 

#2: Local Knowledge

If you want the best from your real estate agent, opt for one that is local to the area that you’re looking to buy in.

They’ll be able to answer all your questions about amenities, schools etc and it shows that they’ve invested time and energy in the area, meaning they aren’t just after a quick buck.

They’ll also have a better understanding of the marketplace, providing you with information in real-time so you can make better informed decisions.

 

#3: Ask Lots of Questions

If you want to be able to make a truly informed decision about buying your first home, then you need to be asking lots of questions.

You’re real estate agent should be able to answer them all. If you’re not sure about the strategy you’re using to buy your home, then ask them to clarify why they recommended it.

By asking questions, you’ll be better informed and you’ll also know that the agent you’ve chosen knows their stuff.

 

The bottom line: as long as you’re comfortable with the agent, then you’ll be fine. Interview potential agents like you would someone that was going to house-sit for you. You want to know that this person is going to look after your needs like they were finding a home for themselves.

If you need help in finding the right mortgage for your first home, contact our team at Australian Credit and Finance today. We’ll provide you with pre-approval within 24 hours!

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