How critical is the experience level of the realestate buyer's agent?

Posted by Admin on April 29th, 2010

I am in the market for buying a home in silicon valley California. I was visiting an open house and got talking with the agent there. According to her it is important that the buyers agent has over 3 years of experience. An offer will get accepted based on the $ amount offered, experience of the agent and how he/she presents the offer and how well known the buyer’s agent is. Hiring an agent who is relatively new and less known will definitely hurt the buyer.
I was wondering how true this is. Also what is involved in "presenting" an offer, what does the buyers agent do?
Thanks
MNN

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Posted in open house realestate

Tags: 3 years, buyers agent, buying a home, open house, quot, silicon valley, silicon valley california

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One Response to “How critical is the experience level of the realestate buyer's agent?”

Landlord says:

April 29, 2010 at 6:41 pm

I would call 3 years green. I would want 20 plus myself.

Connections count. Believe me, there is plenty of back scratching going on! The sellers will not know about it, but the agents can influance how fast and how to their liking certain things are done (like appraisals, inspections).

The only thing I can think of in "presentation" is getting everything correct. The offers are done on forms and there isn’t much to it.

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How critical is the experience level of the realestate buyer's agent?

One Response to “How critical is the experience level of the realestate buyer's agent?”