Choosing the right real estate agent

A good real estate agent can make or break a home search, especially if you’re a young buyer.

According to a new report by the National Association of Realtors, 90 percent of adults 34 and younger who bought a home in the 12-month period ending June 2014 used an agent.

“They want someone who is going to help them through the process because they’ve never done this before,” said Jessica Lautz, director of survey research and communications at the association. “And that’s different from the other age categories.”

Many young buyers rely on referrals from family and friends to find an agent, according to the study. But before you pick an agent, here are four questions to ask.

Whom do you represent?

You want an agent who will look out for your best interest. Some states allow what’s known as dual agency, in which an agent can represent both a buyer and a seller in the same transaction. By representing both sides, however, the agent can only give limited advice.

read more at: http://www.chicagotribune.com/business/yourmoney/sc-cons-0402-started-20150328-column.html

Disclaimer: for information and entertainment purposes

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