Mike Lavios, Realtor
Your Portland Metro Area Realty Specialist

10 Things You Should Ask Your Real Estate Agent

Having the right real estate professional by your side can greatly improve your home-buying experience.  A good rule of thumb is to interview a minimum of three candidates.

Here are 10 questions to ask during an interview:

1.Are you a full-time professional REALTOR®?  How long have you worked full-time                    in real estate?  What geographic areas do you specialize in?

2.Do you have a Website?  What information can I find there?

3.How will you keep me informed during my home search and throughout the                              transaction?

4.Do you have a staff or a team?  If so, what roles will they play in my transaction?

5.Will you show me properties from other companies' listings?  (Some real estate                         companies do  offer their buyers' agents a higher commission if they are able to                        sell "in-house" listings.  In those instances, there can be added incentive to limit                       the range of homes you are shown.  This may affect your home search and how                        much your agent's fee will be.)

6.Will you represent me exclusively, or will you also represent the seller?  May I                          have that in writing?

7.How will you get paid?  How are your fees structured?  May I have that in writing?

8.What distinguishes you from other real estate agents?  What is your negotiating                        style?

9.May I contact some of your recent clients as references?

     10.Do you have a performance guarantee?  If I am not satisfied with your perform-                         ance, can I terminate our buyer agency agreement?  (In the heavily regulated                           world of real estate, it can be difficult to offer a performance guarantee.  Typically,                   agents will outline verbally what you can expect from their performance.  Mike                         Lavios Realty understands the importance of win-win business relationships:  The                     agent does not benefit if the client does not benefit.
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