How do you find a buyer’s agent?
Buyer agency became the norm in the 1990s, so it’s still a fairly new phenomenon. But buyer’s agents have come a long way and can provide a lot of help to home buyers. There are now associations of buyer agents and more stringent norms regulating how they do business.
- Look for a buyer’s agent who has experience in your market. Many websites offer listings, and you can easily find one who specializes in the type of home for which you’re searching.
- Ask the agent about his or her experience. He or she should know how much you should pay for any type of home in your market and should have the experience to protect you.
- Find out what services your buyer agent will provide. According to the National Association of Exclusive Buyer Agents, the agent should be able to provide you with information about local schools, crime rate and traffic, and should prepare a property value study if you are interested in a certain home.
- Your buyer’s agent should also be able to help you find the right home loan for your situation.