- How
long have you been representing buyers? What Real Estate designations do you
have? Which ones are buyer-related?
- (IF
they have an ABR designation) -- Do you have any additional training beyond
just the ABR designation? If so - what?
- Do
you have any credentials in research and analysis and information gathering?
If so - what?
- Do
you call yourself a "buyer's agent" only when you are working with
a buyer? In other words - do you also list property for sale?
- What
percentage of your transactions have been buyers versus listings? Can you
please print out your buyer and seller statistics from the MLS so that I can
view them?
- Will
you guarantee me that you will not be representing any seller at any time
while you are working for me?
- How
many listings do you have at the moment? Isn't your priority - servicing them?
- Will
you be showing me your company's listings? If so - can you represent me 100%
when doing so?
- Do
you practice dual agency?
- What
percentage of your personal business, and what percentage of your company's
business is representing buyers vs sellers? What percent is sellers? Can you
document that for me?
- Do
you receive a larger in-house split from your broker when you sell an in-house
listing?
- Do
you have any agreements with sellers that might limit your ability to tell
me everything you know about the seller and their reasons for selling?
- Do
you actively search out "For Sale By Owner" properties for your
clients? If so - can you show me all the FSBO databases that you use?
- Will
you show me a FSBO that doesn't pay out a commission at all?
- How
many buyers have you successfully represented in the last six months, and
can I have the name and phone number of at least six of these buyers?
- Can
you please print out all of your buyer-side transactions within the past year,
and show me your statistics for "price-off"?
- What
specific buyer agent training have you had in the last year, and what negotiation
courses have you taken?
- Can
you give me the six fiduciary duties you owe me if I hire you as my buyer's
agent?
- Will
you ask me to sign a buyer representation contract? Can I have the contract,
so that I can compare it with other ones?
- Will
you recommend other professionals to assist me? (Inspectors, Real Estate attorneys,
lenders etc.)
- What
criteria did you use when you selected them?
-
Are
any of these referrals "in-house"?
- Are
any of the inspectors that you use, one's that are good at "not blowing
the deal" for your sellers?
-
Do
you help your buyer client "shop" for the best loan rate and fees?
If so - how?
-
Will
you ever become an intermediary? If so, explain.
-
What
clauses in an offer will you recommend to protect me as a buyer?
-
Will
you check neighborhoods for registered sex offenders, and give us other
crime statistics?
- What
kind of school related research do you provide to your clients?
- What
areas do you cover? Mostly just your "farming for listing prospects"
area?
- How
many homes do you tour per week?
-
How
will you help me save money?
-
Do
you take Realtor bonuses or commissions over 3%?
-
Do
you get paid more when my purchase price goes up?
-
Specifically,
how will you protect my best interests, and why should I hire you rather
than another agent?
-
Will
you point out all the negative aspects of each property as well as the positive
aspects so I will be fully informed when making my decision? Can you refer
me to a former buyer client where you did that for them?
- Do
you research comparable sales? If so - can you show me in writing, how you
analyze "comps"?
- Can
you show me an example of how you negotiate? Do you present your client's
offer in-person?
- Do
you proactively collect information about the seller’s situation and motives?
If so - how? What other information do you collect about the seller?
- Can
you guarantee me 100% loyalty - 100% of the time, never working in-full or
in-part for a seller?
- Will
you put all of that in writing?
