By Michelle Gibson
Hiring the wrong real estate agent when buying a home happens all of the time and sometimes buyers aren’t even aware they hired the wrong agent because they aren’t sure what a real estate agent is supposed to do. So how does a home buyer know if they hired the wrong real estate agent?
Below are 8 signs a buyer hired the wrong agent.
Does your real estate agent return your calls, text messages or e-mails in a timely manner? If not you may have hired the wrong real estate agent. Time is of the essence in real estate, so if it takes your agent hours or days to get back to you odds are you might miss that new listing or an important deadline when you’re under contract.
2. Search Online for Homes
Did your real estate agent tell you to search for homes online? If so you may have hired the wrong real estate agent. Now, a lot of home buyer’s will look at homes online without being instructed to, but they shouldn’t be the ones trying to find homes that fit their needs. A top agent will be able to search the MLS where listings are updated in real time, not syndicated or updated hours or days later.
3. Contact the Listing Agent
Did your real estate agent tell you to contact the listing agent directly to see their listing or answer questions? If so you may have hired the wrong real estate agent. Not only should your real estate agent be the one showing you the listing they should also be the one answering any questions you may have. Now, if your agent is unavailable to show you a listing they should make arrangements for one of their associates or the listing agent to do so.
4. Goes on Vacation
Did your real estate agent go on vacation and not tell you or make arrangements for an associate to assist you in their absence? If so you may have hired the wrong real estate agent. Everyone deserves a vacation especially real estate agents who work 7 days a week. However, when an agent goes out of town, even if they’ll be available by phone, they should still have an agent available to show property or attend a home inspection for you.
5. No Notifications
Does your real estate agent notify you immediately when a new listing hits the market? If not you may have hired the wrong real estate agent. Once again time is of the essence in real estate, some new listings will go under contract in less than 24 hours, so you’ll want to make sure your agent notifies you immediately when a new listing that fits your needs comes onto the market or in some cases back on the market.
Is your real estate agent pushing you to make an offer? If so you may have hired the wrong real estate agent. Now, urging you to make an offer because the property isn’t going to last long is one thing, but pushing you to make an offer because they no longer want to show homes is another. Your real estate agent should be supportive even if they think you’re making a mistake, it’s your money paying for a home, not theirs.
7. Doesn’t Listen
Did you tell your agent you only want to spend $300,000 on a home and they’re showing you homes for $400,000? If so you may have hired the wrong real estate agent. Communication is key in a real estate transaction, so your agent should be all ears and listen to your needs and wants.
8. Isn’t Equipped
Does your real estate agent not have access to the MLS (Multiple Listing Service) or a supra key to open lockboxes? If so you may have hired the wrong real estate agent. The MLS and supra key are tools of the trade and inexpensive, so your agent should not only have access to the MLS, but be equipped to showing you every listing regardless if they have a supra lockbox or combination lockbox.
Interviewing real estate agents isn’t just for sellers, home buyers should do it too! Buying a home can be a very stressful experience, but if you hire the “right” agent they will be able to eliminate a lot of unnecessary stress.