top of page

HOW TO INTERVIEW
A REALTOR

​

A good Realtor is worth their weight in gold. A realtor who works with physicians knows how to educate seller agents about physician loans and convince them it strengthens their offer, not weakens it. A good Realtor is communicative and can show you homes within 24 hours if necessary. A Good realtor can save you thousands in purchase price by knowing the market because of the volume they do. A good realtor will take their fiduciary duty seriously and put your needs before their paycheck. A good realtor works with enough buyers and sellers they can sense a market change before the public even knows about it.

​

Unfortunately there are some bad Realtors out there. How can you interview a realtor to see if they are a good fit? What questions can you ask up front to avoid the headaches that come when you don't know what questions to ask before hiring them?

Blue and White Step by Step Process Chart Presentation.png

I have complied a list of questions one should ask any realtor they work with before signing a buyer broker agreement.

  • Are you a Broker? Or a Sales Agent?

    • Sales agents can be better than brokers if they do more volume, but at the end of the day if there are issues - you sign the agreement to work with the Broker. The sales agent is only a designated agent. The Broker is who gets involved when the big issues happen so you want to make sure they are competent.​

  • Do I need to sign a Buyer Broker (BB) Agreement with you before you show me homes?

    • If so what is the timeframe on your Buyer Broker? When does it expire?

    • Do you cover your brokerage transaction fee or do I? Are there any additional fees that may show up at closing associated with your service?

    • If the Buyer Agent Commission offered by the seller is less than the BB agreement- will you accept whatever the seller offers? Can we clarify this in writing to an addendum to the BB?

    • In the case we are not a good fit, how do would we go about releasing the buyer broker?

  • Do you have any MSA (Marketing service agreements) in place with any lenders currently? Meaning, does a lender help pay for any of your marketing costs? If so please disclose those now.

  • Are you familiar with physician loans and are confident enough to explain them to a listing agent if asked about details? If you are you willing to learn?

  • How many transactions have you closed on average in my area the last year? How many of those were physicians

  • What does your schedule look like? Will I primarily be working with you or a team member?

  • On average how long does it take your clients to get under contract on a home?

Need a Realtor in your area?

Our REU endorsed realtors are all experts in their geographical areas in helping physicians purchase homes. 

 

bottom of page