Buying a Home in Boulder, CO
Life is good! You have just received a promotion and you've decided to purchase a new home. It might be your first home, or you could be moving up on the property ladder. It dawns on you that you are about to make the biggest investment of your life. You have no idea where to begin. What neighborhood should you buy in? Is it better to buy a 3 bedroom home or a 4 bedroom home? Is a basement important? You know you need a REALTOR®, but how do you find the right agent?
Shelley O'Hara, author of The Complete Idiot's Guide to Buying & Selling a Home, says,
When you announce your desire to purchase a house, you may be surprised at the number of real estate people who want to represent you. Agents come out of the woodwork. You won't have to worry too much about finding an agent – you do need to worry about finding a good one.
How do I find a Buyer's Agent?
- Ask your friends, family or co-workers for any agents that they can recommend. 75% of the business at RE/MAX of Boulder, Inc. comes from repeat clients and referrals.
- Look at the local paper. Do any of the companies advertising stand out from the crowd? Does any office have a larger or better advertising presence than RE/MAX of Boulder, Inc.?
- Once you have selected a good company like RE/MAX of Boulder, keep in mind that each individual office is different. Select an office that has a solid reputation for success. RE/MAX of Boulder, Inc. has led the region in per agent volume for 25 of the last 30 years.
- Select an agent.
- If you have trouble deciding on who would be right for you, contact our broker, D.B. Wilson. Describe what you're looking for in an agent, and he will make a few recommendations.
- It's always a good idea to interview 2 or 3 agents to find a good match in terms of personality and real estate know-how. All our agents at RE/MAX of Boulder share the skills needed to find you a great home, but each person has a different personality. Because buying a home can at times be stressful and rewarding, you need to choose an agent that you feel comfortable with. You want an agent who is honest, prepared, involved, and informed.
Meet our qualified Boulder real estate agents.
Questions to Ask a Prospective Agent:
Q:How long have you worked in the real estate industry?
A 2005 survey done by the National Association of REALTORS® indicated that over half of their membership had less than 5 years experience. You want to hire someone who seen been through the ups and downs of the real estate market, and who is able to provide you with practical, realistic advice. You also want someone who has the skill to negotiate the best price possible, and that comes with experience. At RE/MAX of Boulder, our agents have an average of 17 years in the business. Now that's experience you can count on!
Q:Do you work full-time as a real estate agent, or do you have another job?
At RE/MAX of Boulder, all of our agents work full-time, which means that their focus is on real estate. Our agents are on top of the latest developments and technological advances in the real estate industry. Our agents have great knowledge and insight into the local markets, that many other agents may not have.
Q:Do you hold any special designations?
At RE/MAX of Boulder, Inc., we have a very high number of Certified Residential Specialists, EcoBrokers, Accredited Buyer Agents, e-Pro Brokers and Graduates of the REALTOR® Institute.
Q:Have you ever had a complaint filed against you?
If they have, be sure to get all the facts about the incident.
Q:Do you have a list of references I can call?
Don't be afraid to call them.
Q:What is your availability?
If you can only see homes on Sunday, and the agent doesn't work on Sunday, this would not be a good fit. You need an agent who will be available when you need her to be.
Q:Are you part of a team?
If this is the case, you sometimes you will see property with various members of the team. You should be aware of this in the very beginning, so that all parties are happy.
Q:How many buyers have you worked with in the last year?
Sometimes agents prefer to work with sellers rather than buyers. This will give you an indication of where their strengths lie.
Q:Do you offer Buyer Agency?
Many buyers find value in exclusive representation. Have the agent explain what Buyer's Agency is.
Q:Do you work in my price range?
Some agents feel more comfortable working in a particular price range. For example, it wouldn't be a good idea to hire an agent who specializes in finding homes for first time buyers if you are looking for a sprawling Victorian estate.
The Best Buyer's Agent for You
You have interviewed a few agents and asked a lot of questions. Hopefully one agent will stand out. You like their personality, their approach to home buying, and you believe that they can get the job done. You hire them, and begin the exciting task of buying a new home.
Now that you've hired an agent, be sure to communicate with them. If they're showing you homes that won't work for you, tell them. If the master bedrooms aren't large enough to accommodate your furniture, tell them. If you want a larger yard, tell them. Agents work for you, so it's up to you to provide honest feedback.
When you hire the right Buyer's Agent, you will find that the process of buying a home can be fun, informative and much less stressful.
Find the perfect agent to help you buy a Boulder home
contact the professionals at RE/MAX of Boulder, Inc. today!
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Listing information last updated on December 19th, 2014 at 5:27am MST.