Home Buying

Choosing a Broker

The right real estate agent can make the difference in the quality of the experience.  Because searching for a home, or selling a home, may be the largest single financial decision you make, interviewing three agents is a wise exercise for you to undertake. If you had been attending open houses before you reached this point, you have already been interacting with agents and met some that you are already considering. You had probably eliminated several before you left the open house. You may consider other agents you are acquainted with in the community. The agent you choose must be able to wear many hats. Because this process often takes time, that will be spent with that person, bear that fact in mind when you are deciding. Your agent will become your real estate counselor, an information resource and your messenger. The fact is that it is extremely difficult to know in advance how they will perform. Asking the right questions helps both parties better envision the future. Your interests will be best served taking responsibility in determining, as best you can, what to expect before you engage them. Click here to learn the details.

 

Let’s look at some specific questions sent in by DearMonty readers from across the country. Read more Q&A articles about the “Choosing a Broker” stage of the Home Buying process:

  1. Multi-area home search requires work

    Reader Question: Monty, I am pre-qualified by a lender for a mortgage loan for $200,000. I work in one of the country’s largest cities and commute to work. I have a good and secure job. I want to look at cost, safety, neighborhood amenities and convenience to public transportation, as they are different in every suburb. […]

    January 14, 2014
  2. 5 “pick a broker” tips for new agents.

    Reader Question: I am considering getting my real estate license. Is it better taking a course by a real estate company in hopes of getting hired by them or take a course online? Do the companies hire as many people as they can (to bring in more commission) or are they selective? How does that work?  Patricia […]

    June 3, 2013
  3. How do I find a real estate agent?

    Reader Question: I need to locate a reliable, and trustworthy real estate agent in my area qualified to submit a bid on a HUD home. What’s your suggestion? The property is in Roseville, CA. – N.A. Monty’s Answer: Hello N.A and thanks for your question. There are three basic choices today for a person seeking a […]

    April 2, 2013
  4. What should I look for in a buyer's agent?

    Reader Question: Monty, we are thinking of “buying up” to a larger home. We have a suggestion about the article titled “What To Expect From Your Real Estate Agent”. While it is helpful, and we see the value in understanding the agent’s job (it was a rocky road with our present house), it seemed to […]

    August 28, 2012
  5. How do I terminate a listing agreement?

    Reader Question: To terminate a listing agreement may not be easy. We just listed our home with a company 3 weeks ago and we have some concerns on the Realtors marketing of our home. I emailed him ( so as to document it) and voiced my concerns in the method being used, MLS only. There are […]

    May 21, 2012
  6. Real Estate Agent Refuses To Cooperate

    Reader Question: Our real estate agent has told us the listing agent on a home we like is difficult to deal with and has made it clear they would prefer not to deal that person. Is this a red flag if we decide this is the home we want to pursue? Amber and Josh H. […]

    April 5, 2012
  7. What is it like to be a real estate agent?

    Understanding the real estate agent working environment Your success with your real estate experience is in direct proportion to what you know about real estate. This short primer will help you better understand the agent and their playing field. Here are some facts to help shape your perspective. The more you know, the better your […]

    January 6, 2012
  8. How do I get good referrals in real estate?

    What are good referrals in real estate? Webster’s Dictionary says, “To direct for information or anything required.” That seems straightforward enough on the surface, but let’s take a closer look. In my first year selling real estate, I had an experience that taught me a valuable lesson. A true confession The community I served had […]

    May 22, 2011