5 Things Every Home Buyer Should Ask Their Real Estate Agent
Buying a home is one of the biggest financial decisions you’ll ever make. The right real estate agent can make the process smooth, strategic, and even enjoyable. But not all agents work the same way, and asking the right questions upfront can make all the difference!
If you’re thinking about buying a home, here are five important questions you should ask your agent before getting started.
1. How Well Do You Know This Market?
Real estate is hyper-local. Market conditions can vary drastically from one neighborhood to the next, even within the same city.
Ask your agent:
-
How competitive is the market right now?
-
Are homes selling above asking price?
-
How long are homes staying on the market?
-
Are there specific neighborhoods that offer better value?
A knowledgeable agent should be able to give you specific, current data, not just general advice. Their understanding of local trends can help you write stronger offers and avoid overpaying.
2. What Should I Be Prepared for Financially?
Many buyers focus only on the down payment, but there are several other costs involved.
Your agent should walk you through:
-
Earnest money expectations
-
Closing costs
-
Inspection and appraisal fees
-
Potential repair negotiations
-
Ongoing expenses like taxes and insurance
A good agent helps you prepare for the full financial picture so there are no surprises along the way.
3. What Strategy Should We Use When Making an Offer?
In today’s market, submitting an offer is more than just picking a number.
Ask your agent:
-
How do we determine a strong offer price?
-
Should we include contingencies?
-
How can we make our offer stand out?
-
When is it wise to negotiate and when should we be aggressive?
A strategic agent will analyze comparable sales, assess competition, and tailor your offer to the situation. The goal isn’t just to win the home — it’s to win it wisely.
4. What Are the Potential Red Flags in This Home?
Your agent isn’t just there to open doors, they’re there to protect your investment.
Ask:
-
Are there resale concerns?
-
Does this home have layout or location challenges?
-
Are there neighborhood factors that could impact value?
-
What should we pay special attention to during inspection?
An experienced agent should point out concerns you may not notice and help you think long-term.
5. How Will You Communicate With Me Throughout the Process?
Clear communication reduces stress and keeps the process moving smoothly.
Ask your agent:
-
How quickly do you respond?
-
Will you update me regularly?
-
What’s the best way to reach you?
-
Who handles paperwork and scheduling?
You want an agent who is proactive, responsive, and organized, especially when timelines get tight. Pick your agent wisely!