1. Are you a Full Time or Part Time realtor? 2. Are you good at communicating? 3. Why should I hire you? 4. How do you handle the negotiations? 5. What is your primary focus in life?
Follow up questions: 1. How did you become a realtor? 2. What is one thing you can improve on your communication? 3. What makes you different than other realtors? 4. How are you going to handle a: 1) multiple offer situation? 2) Bad Home inspection? 3) A Low appraisal? 5. Where do you get your clientele from? (referrals are best)
@@Arkane117 if the answer yes with no follow through communication you know the answer is no. If they follow through with an answer you get an idea of how they communicate
EXCELLENT START! If a realtor is hesitant to answer all questions honestly, then don’t take the next step. If they are offended by any of your questions, they are insecure.
🎯 Key Takeaways for quick navigation: 00:00 🤖 The video discusses five questions to ask when interviewing a real estate agent for a job. 01:11 🛡️ Realtors should be interviewed when buying a house to ensure they are a good fit for the job. 02:08 💼 The first question to ask a Realtor is if they are full-time or part-time, as part-time agents may not be as available or dedicated to the job. 03:07 🤙 Good communication is important in a Realtor, so asking about their communication style and frequency is crucial. 05:11 💰 When asking why you should hire a specific Realtor, look for answers that show passion and a desire to help clients. 06:34 💬 Ask about how the Realtor will handle negotiations, including initial offers, inspections, and appraisals. 07:31 💬 Realtors should be able to handle different negotiation scenarios such as low appraisals, inspections, and multiple offers. 08:12 💪 A good realtor knows how to handle and turn negative situations into positive outcomes. 08:40 🎯 Knowing a realtor's primary focus or source of clientele can provide insight into their experience and reputation. 09:37 🚩 Look out for red flags and trust your gut when evaluating a realtor's honesty and reliability. 10:47 ℹ️ The video offers a separate referral system for those looking for realtors outside of Phoenix, Arizona. Made with HARPA AI
I asked my realtor if he has more houses for me to see and he said no more houses for my price range while thousands of houses in my price range on zillow.
Same happened to me. I won’t say that she said there was nothing but she wasn’t sending me really good leads & when I put in an offer I found out by the internet that the house was pending and not her. So I started working with someone else who I felt made my some hard of a priority.
Same happened to me. I had these old Bitties show me two places, then I left town and had my mom take over (cross country move) and she showed her one or place and then called her weeks later because she was the default listing agent of a place we were interested in, we wanted to give her the business… & she basically told my mom she showed us enough places and fired us LOL luckily we’re working with more than one agent. Unfortunately that is kind of what you have to do. Also attend the open houses…you don’t need to wait on anybody’s schedule to do that! Beyond showing places I do not think they add a new value as far as research etc. Even when I bought my place 20 years ago the Internet was alive and well and I was showing my realtor where she should be taking me not the other way around.
I just felt I was ripped-off by my Realtor. I already had the buyer, I am the seller, she is charging 4% or $18,000 to do paper work. And she is representing the Seller and Buyer and I'm paying the whole 4% fee. I only wish I had see your YT video earlier. THanks.
Sorry I do not agree with your first question! I do not lie to my clients but I have a 6-2pm full time job as well, but I can answer calls 24/7 , and can schedule a time to meet whenever is necessary. I would hate to lose clients because I need to say I do have another job but I am really a full time agent as well.
Thanks for useful video. Could you please explain me. I talked to a agent to working with me to find a 🏡 for cash buying. The agent asked me 3000 I said okay 👍 but now the agent said you should pay for closing cost and and for another agent to working with you to closing cost . It means I have to agent and I should pay for both . please explain how it's working.thanks
I'm watching this a second time bc were about to get a realtor and I think these are questions I can understand in order to ask. Thank you for sharing! Also which name did you give your followers? I always liked Home Goalers.
I loved this! Thank you so much. English is my second language and have so much to learn so this was amazing easy to understand to the point. Blessings
Question... Do realtors also deal in thesell of land? I have question regarding land. I asked a friend about land in Arizona. She says she has an acquaintance that looks fordeals. She mentioned he can find me a good deal on a land of an acre for approximately 25 to 30k. Thing is l google an estimate and it says an acre in Arizona goes for approximately 5k... Can you give me input?
Our Realtor sometimes takes a couple days to reply but we went with him because he was my fiancés cousin. We’ve missed out on houses because of his delay. These seem Ike good questions to ask him.
Hi Javier I got stuck with a realtor that doesn’t do anything to help us. She had us sign with her for 6 months and she sends us 400,000 houses when we said we wanted to stay around $1200 a month we have $10,000 saved and she said that’s a $100,000 house. She stopped helping us all together. Nobody is showing us houses now so we put everything on hold. I’ve been researching for years and I asked her questions I already knew and then brought her documentation on how to negotiate and few other issues so I think I pissed her off. How can I get out of this contract without filing a complaint.
Can you go to open houses and contact the seller yourself and make an appointment to go see the house? I’ve heard a lot of people are doing this and avoiding realtor all the way around. You would just have to have a lawyer look over the contracts… The sellers agent loves this because they get to keep all the commission and don’t have to split it with a buyers agent.
Why are you a realtor n whats keeping u up a night Javier? Or is the zazzy of real estate or whatever whats his beautiful face says 🤣🤣🤣 noted. Bout to crack these questions off in 30 mins. Lets see. I hate the interviewee questions but it is soo telling of the personality ur dealing with. Thx brah ✌🏽
I am so mad that forgot to dig on how to interview and select the correct buyers agent for me. The buyers agent that I picked was who made the purchasing experience frustrating. Scheduling and rescheduling things that my fiancé and I needed to be present for without even consulting us about our schedule 😩😩😩
Good vid but I'm confused by the "why should I hire you" question. To me, the reason to ask this question is to find out if they do anything different or better than every other realtor. Not why they got into real estate.
Random question. I am a buyer and looking to buy property and my realtor told me I have to pay 2 fees to him and his company. I do know seller pays a fee to realtor but never knew buyer has to pay realtor? Any advice anyone?
I’m starting university next year. Can you do a video regard that perhaps. I’ve already seen you video about buying a house with school debt but I want perhaps more pointers about buying a house and going into school. Thanks. Great vid
Not sure that merits its own video. Whether you are in school or not, you need an income to sustain the home purchase. If you are going to school full time you somehow still have to have a full time job to qualify for the house you want.
Question: is it a good idea to get an FHA loan in order to get lower payments for a home with a higher purchase price than you can afford if purchased with a conventional and then refinance in a year to get conventional so the Mortgage Insurance can come off? I’m seriously about to switch realtors if I don’t get the next house I’m looking at and it won’t be because I don’t get the house. It’ll be because of how pressured she and her lender is making me feel about going over the budget I set after CLEARLY saying no. I’m so annoyed and they yet to answer how much my estimate can ACTUALLY range😒 Do you know? Geez, I wish you were out here. You seem so genuine. My realtor seems cool, but I’m officially annoyed now.
Sometimes if a place is in an HOA development. They have their own restrictions around VA and FHA loans so they will not look at offers that are made from either of these loans. It would be good to get quotes from all of them and then see what works best for you. I’ve been refinancing my FHA loan on a condo I live in for years! Without ever having gone the conventional route…
This video was very helpful. Looking at more of your videos NOW! Is there a national website to check for realtors referrals or should I just ask my realtor? When I did, she asked my "what kind of referral" and I had no idea how to respond.
There are sites based off of certifications realtors have received. Every association has a local website that you can look through to find an agent. Many use google and referrals; Through agents and/or friends. Just remember a realtor to realtor referral will generate the referring agent a fee from the other agent. You want to make sure that your agent has done their due diligence to make sure your vision aligns perfectly with the agent your being referred to. I hope that helps you.
is this if you are selling or buying? if you are buying is this the same process that you are "hiring/interviewing" the realtor? first time buyer newbie here, thanks.
@javier, as a buyer, can i pay my realtor on alternate terms rather than having them split a percentage of the sell price? Isn't this a conflict of interest? If not, why? if so, what could be some good terms?
Harshad, I am seeing this much later but I want to answer your question. When you sign with your buyers agent, there should be a place in the contract that says what their fee is. While the sellers pay the commissions (at least for now) some offer less than what a buyers agent is willing to work for. Thats where an adjustment in payment could be talked about.
I don't know anything about buying a house and have never hired a realtor so I got a question about this process. If I agree to work with a realtor and the realtor just isn't doing his/her job really well and my gut is telling me to find someone else, do I have to pay this person anything? From the little bit I understand about realtors, they solely get paid after the house is bought and get a commission check. Is that right?
Omega, you don not have to pay your agent to break the contract. Unless they have a clause in there, but generally no you don't. Simply tell the agent you don't think you two are the right fit and you would like to end the business relationship.
Hi There! I found a realtor on Facebook, he is "helping" me locate possible apts I might qualify for. I've been scammed before and so I'm sceptical, he gave me a licence #, but I don't know where to check if it's valid. We are in Arizona as well. Any info is helpful. Red flag was cash app app deposit prior to meeting at a potential complex. Am I being parrinoid ??
I’ve been watching your videos for a while but I still have a hard time understanding why it’s bad to have a lower appraisal. Doesn’t that mean you don’t have to pay as much for the house? How could that negatively affect the buyer?
Usually the appraisal stage comes after you’ve placed an offer. So you will place an offer & if the appraisal comes in under the amount you And the seller agreed on then either they have to lower the price, (they may or may not want to do this depending on the market) or you have to make up the difference, As your bank/lender will not give you more than what it is appraised for.. That is why it’s beneficial to put a contingency clause in the contract for the appraisal.
What about buying a new construction home? Should the Relator be involved every step of the way. We had a house built and him or his partner never step foot on the property until the first walk they of the house nor did they help us find it. Am so mad because he never had interaction with the seller. It was all on us. Now he and his partner is getting a commission. They don’t deserve it.
Javier this video is awesome. Much appreciated. I already had one realtor experience that was less than satisfactory so I’ll interview a couple more with these questions. I have a video request: first time home buying tips for one buyer. You did one before for an unmarried couple. Any recommendations?
I live in California I'm trying to sell my home to move to Arizona my wife works from home she can work in any state basically now since she can I would have to find work out there we got 20 to 30 percent down payment don't know of any realtors out there can you help me out
I’ve been actively looking for a home since January and I’ve put in 4 contracts and have lost all of them. I’m frustrated and discouraged. At this point I think I need a break so I’m getting ready to go rent for a year. And on all these listings I’ve offered more even up to 11k more and have still lost them. I don’t know what to do.
Javier Vidana basically I’m doing a fha so this will be my first home. The last home was going for 239000. I offered 251 and 3% for closing. The one previous was going for $280 and I offered 287 with 3% closing. And the seller went someone else also. My realtor said people are not even asking for closing anymore which is why some of the homes are selling so fast. The homes for 239k it was posted Tuesday night around 9pm. Wednesday morning I went to see it. Thursday around 11a they closed viewing because they had enough offers and Thursday night chose a buyer. It’s crazy out here. I’ve seen so many homes they are starting to all alike to me.
Janney Swaray that sounds crazy! It’s not that crazy here in a Phoenix but it was sort of like that a few years ago. I would reassess with your lender how many closing costs you truly need. Many times instead of 3% (which in your examples would of been $7000-$9000) they usually are about $5000-$6000. It doesn’t look good on your part if you are asking for more than what you need. Also, maybe you can just ask for $4000-$5000 and just come up with the rest?
Janney Swaray also, ask your Realtor what he or she is doing to secure the deal? Is he letting the listing agent know about your story? Is he having your lender call the listing agent so they can reassure how qualified you are? Something I’ve been doing recently is sending a video to the listing agent with the offer talk to you about my buyer and how great they are. They end up showing it to the seller and like it.
I don’t agree with your first question. I know part time agents and they are amazing at what they do. Not only that some agents have to start as part time as they try to build their business.
People aren't selecting their own realtors anymore! Mortgage lenders are now referring realtors, after they approve them for home loans. It's an unethical practice that leaves a lot of realtors out of the mix. What is being done about it? Nothing. Mortgage lenders are now acting as real estate brokerages, handing out realtors to clients. This completely defeats the purpose of realtors signing up with brokerages, if it's lenders assigning realtors to approved clients. To get work, realtors now need to kowtow to mortgage lenders. So much for fair dealing in real estate. NAR needs to regulate this ASAP, but they won't.
Totally disagree with#1. I am a part time realtor and i answer questions within the first half hour. Ive had full time realtor who had lots of clients and took over a day to reply. Most people want to look at houses after work or at lunch.
Asking someone why they became a realtor and what is their primary focus in life is like, asking your dentist or your insurance agent why they do what they do with what purpose... Those are all very personal and irrelevant to task on hand. This is sadly another wanna be guru on RUclips just because you've closed some transactions.. This so called internet guru self-marketing trend is disgusting in my opinion - gossiping about imaginary con-artist agent sure makes you look great. Great fucking job. If you are looking to have great experience in buying and selling your house, simply ask following questions. 1. How many transactions did you do in last 12 month 2. What information do you need me to provide for you to do your job in our favor 3. Can I meet with you and your supervising broker to discuss more about my needs and concerns, and how we can maximize home buying/selling experience TRANSPARENCY IS THE KEY Whether realtor is new or experienced, they all have managing broker unless they are broker himself. Many realtors are there to help you and meet your concerns only if you are transparent about what you need. All Realtors have fiduciary duty to their clients and they will guide you through all the way. Things go bad when seller gets greedy or buyer gets stingy.. that is the truth. It's a fucking partnership in my book. I don't put myself out there to sell myself, I'm there to solve problem and provide clear concise solution to get the job done. and Javier, You don't need to make realtors look bad so you look like an expert. If you need to feel like you need to educate buyers and sellers then do a fucking better job. Just because you want to build a tallest building in this industry does not mean you need to start tearing down nearby high rises. No realtors will send you a referral for those reasons.
1. Are you a Full Time or Part Time realtor?
2. Are you good at communicating?
3. Why should I hire you?
4. How do you handle the negotiations?
5. What is your primary focus in life?
Follow up questions:
1. How did you become a realtor?
2. What is one thing you can improve on your communication?
3. What makes you different than other realtors?
4. How are you going to handle a: 1) multiple offer situation? 2) Bad Home inspection? 3) A Low appraisal?
5. Where do you get your clientele from? (referrals are best)
No one is going to answer “no” to question #2. No point in asking
@@Arkane117 if the answer yes with no follow through communication you know the answer is no. If they follow through with an answer you get an idea of how they communicate
@@ztigris you make a good point. It’s not just what he says how how he says it...
Stupid ass questions.
EXCELLENT START! If a realtor is hesitant to answer all questions honestly, then don’t take the next step. If they are offended by any of your questions, they are insecure.
As an aspiring broker/realtor, thanks for sharing as this will be the first thing I answer for them rather than waiting for them to ask me.
Excellent, good for you
Sorry guys! Video will be up tomorrow for the Out of State Referral Process. :)
That's Great because I am in Florida
GOD ....... YOU DESERVE SO MANY MORE SUBSCRIBERS ............... I HOPE YOU REACH A MILLION SUBSCRIBERS
mee too!
I agree with #1, especially in 2022. Houses are being sold in less than a week you will need a full-time realtor.
Great video, trying to get educated before we jump into this and this helped a lot. Thank you.
Did this dude really just end the video w/ DKC ? Excellent sir. This is my 1st year as full time RE agent, and I'm taking notes. Keep it up.
Yup.
I REALLY WISH I had seen this video last year. Thanks Javier, now I am prepared
Why are you so nice ! Your awesome thank you for sharing all your knowledge your very appreciated !
I feel you are a complete guide of how to become and better realtor
🎯 Key Takeaways for quick navigation:
00:00 🤖 The video discusses five questions to ask when interviewing a real estate agent for a job.
01:11 🛡️ Realtors should be interviewed when buying a house to ensure they are a good fit for the job.
02:08 💼 The first question to ask a Realtor is if they are full-time or part-time, as part-time agents may not be as available or dedicated to the job.
03:07 🤙 Good communication is important in a Realtor, so asking about their communication style and frequency is crucial.
05:11 💰 When asking why you should hire a specific Realtor, look for answers that show passion and a desire to help clients.
06:34 💬 Ask about how the Realtor will handle negotiations, including initial offers, inspections, and appraisals.
07:31 💬 Realtors should be able to handle different negotiation scenarios such as low appraisals, inspections, and multiple offers.
08:12 💪 A good realtor knows how to handle and turn negative situations into positive outcomes.
08:40 🎯 Knowing a realtor's primary focus or source of clientele can provide insight into their experience and reputation.
09:37 🚩 Look out for red flags and trust your gut when evaluating a realtor's honesty and reliability.
10:47 ℹ️ The video offers a separate referral system for those looking for realtors outside of Phoenix, Arizona.
Made with HARPA AI
I asked my realtor if he has more houses for me to see and he said no more houses for my price range while thousands of houses in my price range on zillow.
Same happened to me. I won’t say that she said there was nothing but she wasn’t sending me really good leads & when I put in an offer I found out by the internet that the house was pending and not her. So I started working with someone else who I felt made my some hard of a priority.
Same happened to me. I had these old Bitties show me two places, then I left town and had my mom take over (cross country move) and she showed her one or place and then called her weeks later because she was the default listing agent of a place we were interested in, we wanted to give her the business… & she basically told my mom she showed us enough places and fired us LOL luckily we’re working with more than one agent. Unfortunately that is kind of what you have to do. Also attend the open houses…you don’t need to wait on anybody’s schedule to do that! Beyond showing places I do not think they add a new value as far as research etc. Even when I bought my place 20 years ago the Internet was alive and well and I was showing my realtor where she should be taking me not the other way around.
😳
Lmao
Thank you so much I have gone through 2 already and still no property. After this video I’m ready. You’re the best! Thanks so much for sharing.
I just felt I was ripped-off by my Realtor. I already had the buyer, I am the seller, she is charging 4% or $18,000 to do paper work. And she is representing the Seller and Buyer and I'm paying the whole 4% fee. I only wish I had see your YT video earlier. THanks.
Hey Jose! You should do a video of what people should purchase after buying their first home.
keep saving try not to buy stuff you dont need.
It’s Javier I believe 🤔
The story with the realtor working at the DMV is absolutely ridiculous 😂🤣
Donkey Kong Country outro :)
love it, Love your videos, as a young soon to be homeowner they have been very helpful
Excellent Questions. I took notes and rewinded the video. I can’t wait to interview an agent. Thanks bro 😎
I’ll be asking these questions when choosing a realtor to sell my house.
When I get close to buying a home I will contact you for sure very informative
would the same be for finding a relator for buying land
⭐️⭐️⭐️⭐️⭐️ Video‼️💯
Thank U Javier 😎
Sorry I do not agree with your first question! I do not lie to my clients but I have a 6-2pm full time job as well, but I can answer calls 24/7 , and can schedule a time to meet whenever is necessary. I would hate to lose clients because I need to say I do have another job but I am really a full time agent as well.
Thanks man, your videos have been of great help on our current purchase
Thanks for useful video. Could you please explain me. I talked to a agent to working with me to find a 🏡 for cash buying. The agent asked me 3000 I said okay 👍 but now the agent said you should pay for closing cost and and for another agent to working with you to closing cost . It means I have to agent and I should pay for both . please explain how it's working.thanks
Great info Mr. Vidana
Is there any real estate agents you can recommend in The Bay Area, California
I'm watching this a second time bc were about to get a realtor and I think these are questions I can understand in order to ask. Thank you for sharing! Also which name did you give your followers? I always liked Home Goalers.
I loved this! Thank you so much. English is my second language and have so much to learn so this was amazing easy to understand to the point. Blessings
Question... Do realtors also deal in thesell of land? I have question regarding land. I asked a friend about land in Arizona. She says she has an acquaintance that looks fordeals. She mentioned he can find me a good deal on a land of an acre for approximately 25 to 30k. Thing is l google an estimate and it says an acre in Arizona goes for approximately 5k... Can you give me input?
Awesome advice 👏 👍
Really helpful, thankyou so much! :) Realtor from Atlas Mountains, always welcome too
Our Realtor sometimes takes a couple days to reply but we went with him because he was my fiancés cousin. We’ve missed out on houses because of his delay. These seem Ike good questions to ask him.
Wished I'd watched this before dealing with my last agent.
2:10 is where he lists what to ask 👍🏼
Your videos are so helpful thank you for making them. Can you recommend anyone in California.
What about Prescott Arizona any good realtors to refer? Thanks
Should you ask these questions in person on phone or through text
Hi Javier I got stuck with a realtor that doesn’t do anything to help us. She had us sign with her for 6 months and she sends us 400,000 houses when we said we wanted to stay around $1200 a month we have $10,000 saved and she said that’s a $100,000 house. She stopped helping us all together. Nobody is showing us houses now so we put everything on hold. I’ve been researching for years and I asked her questions I already knew and then brought her documentation on how to negotiate and few other issues so I think I pissed her off. How can I get out of this contract without filing a complaint.
Can you go to open houses and contact the seller yourself and make an appointment to go see the house? I’ve heard a lot of people are doing this and avoiding realtor all the way around. You would just have to have a lawyer look over the contracts… The sellers agent loves this because they get to keep all the commission and don’t have to split it with a buyers agent.
Why are you a realtor n whats keeping u up a night Javier? Or is the zazzy of real estate or whatever whats his beautiful face says 🤣🤣🤣 noted.
Bout to crack these questions off in 30 mins. Lets see. I hate the interviewee questions but it is soo telling of the personality ur dealing with. Thx brah ✌🏽
This is so helpful thank you so much
I am so mad that forgot to dig on how to interview and select the correct buyers agent for me. The buyers agent that I picked was who made the purchasing experience frustrating. Scheduling and rescheduling things that my fiancé and I needed to be present for without even consulting us about our schedule 😩😩😩
Great advice!! 🔥
As representing the buyer, how much of the cut do you take?
Hey, javier do you have any one in ft worth Texas that you can recommend thanks great videos have a blessed day
Good vid but I'm confused by the "why should I hire you" question. To me, the reason to ask this question is to find out if they do anything different or better than every other realtor. Not why they got into real estate.
Random question. I am a buyer and looking to buy property and my realtor told me I have to pay 2 fees to him and his company. I do know seller pays a fee to realtor but never knew buyer has to pay realtor? Any advice anyone?
I’m starting university next year. Can you do a video regard that perhaps. I’ve already seen you video about buying a house with school debt but I want perhaps more pointers about buying a house and going into school. Thanks. Great vid
Not sure that merits its own video. Whether you are in school or not, you need an income to sustain the home purchase. If you are going to school full time you somehow still have to have a full time job to qualify for the house you want.
subtle DK track at the end, I see you :)
I just found your channel, and all of your videos are so informative and helpful. Thank you so much!!
Very helpful, as always!
Question: is it a good idea to get an FHA loan in order to get lower payments for a home with a higher purchase price than you can afford if purchased with a conventional and then refinance in a year to get conventional so the Mortgage Insurance can come off?
I’m seriously about to switch realtors if I don’t get the next house I’m looking at and it won’t be because I don’t get the house. It’ll be because of how pressured she and her lender is making me feel about going over the budget I set after CLEARLY saying no. I’m so annoyed and they yet to answer how much my estimate can ACTUALLY range😒
Do you know? Geez, I wish you were out here. You seem so genuine. My realtor seems cool, but I’m officially annoyed now.
dont let them pressure you, fire them if you need to.
Stephany D. Henry They ALWAYS do that. It’s so annoying 🙄
Sometimes if a place is in an HOA development. They have their own restrictions around VA and FHA loans so they will not look at offers that are made from either of these loans. It would be good to get quotes from all of them and then see what works best for you. I’ve been refinancing my FHA loan on a condo I live in for years! Without ever having gone the conventional route…
Javier... you got the plug for Las Vegas? Im trying to conduct interviews!
I binge watch you like I binge watch my The Last Kingdom on Netflix 😅
This video was very helpful. Looking at more of your videos NOW! Is there a national website to check for realtors referrals or should I just ask my realtor? When I did, she asked my "what kind of referral" and I had no idea how to respond.
There are sites based off of certifications realtors have received. Every association has a local website that you can look through to find an agent. Many use google and referrals; Through agents and/or friends.
Just remember a realtor to realtor referral will generate the referring agent a fee from the other agent. You want to make sure that your agent has done their due diligence to make sure your vision aligns perfectly with the agent your being referred to. I hope that helps you.
is this if you are selling or buying? if you are buying is this the same process that you are "hiring/interviewing" the realtor? first time buyer newbie here, thanks.
You have great content Javier!
Great content! Thanks for sharing with everyone!
Good information about the topic
Thank you for your videos!
😥 why can't you be in Houston tx?! I'm in need of a realtor
lisa_chinn Post Group Rashad Jennings is Amazing..
@javier, as a buyer, can i pay my realtor on alternate terms rather than having them split a percentage of the sell price? Isn't this a conflict of interest? If not, why? if so, what could be some good terms?
Harshad, I am seeing this much later but I want to answer your question. When you sign with your buyers agent, there should be a place in the contract that says what their fee is. While the sellers pay the commissions (at least for now) some offer less than what a buyers agent is willing to work for. Thats where an adjustment in payment could be talked about.
I like you !!! I am in the process of buying a house and this are good advices. 😊
I don't know anything about buying a house and have never hired a realtor so I got a question about this process. If I agree to work with a realtor and the realtor just isn't doing his/her job really well and my gut is telling me to find someone else, do I have to pay this person anything? From the little bit I understand about realtors, they solely get paid after the house is bought and get a commission check. Is that right?
Omega, you don not have to pay your agent to break the contract. Unless they have a clause in there, but generally no you don't. Simply tell the agent you don't think you two are the right fit and you would like to end the business relationship.
@@BrittneyPatrick Thank you, Erin!
And NO thanks to Javier Vidana for ignoring my question! 😑
@@charlieparker5678 it’s not on purpose I’m sure. However if you are looking for real estate content that’s what I do on my channel. Stay blessed.
Not a fan of PHX, but Yuma is more my taste and prices...(it's all the outdoors Yuma offers!)
Excellent advice!
Hey @javier vidana; do you earn a commission from these referrals?
Haha! Whispering at the DMV
I have soooo many notes from you today lol
Would you buy a house with 2nd gen polybutylene pipes?
You awesome man ! Hi from Philadelphia pa
Great vid thanks!!!
Hi There! I found a realtor on Facebook, he is "helping" me locate possible apts I might qualify for. I've been scammed before and so I'm sceptical, he gave me a licence #, but I don't know where to check if it's valid. We are in Arizona as well. Any info is helpful.
Red flag was cash app app deposit prior to meeting at a potential complex. Am I being parrinoid ??
why do you say Vidania with an I, but write Vidana ?
Javier i need the refferal link thanks
I’ve been watching your videos for a while but I still have a hard time understanding why it’s bad to have a lower appraisal. Doesn’t that mean you don’t have to pay as much for the house? How could that negatively affect the buyer?
low appraisal is not good. you can use that as a negotiation tool with the sellers and try to get the PRICE down.
Usually the appraisal stage comes after you’ve placed an offer. So you will place an offer & if the appraisal comes in under the amount you And the seller agreed on then either they have to lower the price, (they may or may not want to do this depending on the market) or you have to make up the difference, As your bank/lender will not give you more than what it is appraised for.. That is why it’s beneficial to put a contingency clause in the contract for the appraisal.
Just be honest and save everybody from needless madness
Please recommend honest realtor in Chicagoland area specifically in Glen Ellyn I want to sell my house and move to Naperville IL
What about buying a new construction home? Should the Relator be involved every step of the way. We had a house built and him or his partner never step foot on the property until the first walk they of the house nor did they help us find it. Am so mad because he never had interaction with the seller. It was all on us. Now he and his partner is getting a commission. They don’t deserve it.
Fluent in english also helps, i frustrate when i dont understand what someone is saying
Javier this video is awesome. Much appreciated. I already had one realtor experience that was less than satisfactory so I’ll interview a couple more with these questions.
I have a video request: first time home buying tips for one buyer. You did one before for an unmarried couple. Any recommendations?
Try to be conservative in your monthly payment... anticipate you may not be single? in a few years? think ahead more than anything! before buying.
I need a realtor in New Jersey
I live in California I'm trying to sell my home to move to Arizona my wife works from home she can work in any state basically now since she can I would have to find work out there we got 20 to 30 percent down payment don't know of any realtors out there can you help me out
I’m full time but I disagree with the part-time agent gripe. You don’t know what else they do. Ask them when their last deal was!
I’ve been actively looking for a home since January and I’ve put in 4 contracts and have lost all of them. I’m frustrated and discouraged. At this point I think I need a break so I’m getting ready to go rent for a year. And on all these listings I’ve offered more even up to 11k more and have still lost them. I don’t know what to do.
Im on the same boat i remember saying to myself house shopping is going to be a blast but it not lol. Keep looking and trying i haven't gave up.
Would you mind sharing some details of what offer you made and how you lost the house?
Javier Vidana basically I’m doing a fha so this will be my first home. The last home was going for 239000. I offered 251 and 3% for closing. The one previous was going for $280 and I offered 287 with 3% closing. And the seller went someone else also. My realtor said people are not even asking for closing anymore which is why some of the homes are selling so fast. The homes for 239k it was posted Tuesday night around 9pm. Wednesday morning I went to see it. Thursday around 11a they closed viewing because they had enough offers and Thursday night chose a buyer. It’s crazy out here. I’ve seen so many homes they are starting to all alike to me.
Janney Swaray that sounds crazy! It’s not that crazy here in a Phoenix but it was sort of like that a few years ago. I would reassess with your lender how many closing costs you truly need. Many times instead of 3% (which in your examples would of been $7000-$9000) they usually are about $5000-$6000. It doesn’t look good on your part if you are asking for more than what you need. Also, maybe you can just ask for $4000-$5000 and just come up with the rest?
Janney Swaray also, ask your Realtor what he or she is doing to secure the deal? Is he letting the listing agent know about your story? Is he having your lender call the listing agent so they can reassure how qualified you are? Something I’ve been doing recently is sending a video to the listing agent with the offer talk to you about my buyer and how great they are. They end up showing it to the seller and like it.
You look like a young Saul berrenson from Homeland
Are you a transactional agent or single?
not the donkey kong outro lol
I don’t agree with your first question. I know part time agents and they are amazing at what they do. Not only that some agents have to start as part time as they try to build their business.
Can you send me a referral for a realtor in Solano County California?
People aren't selecting their own realtors anymore! Mortgage lenders are now referring realtors, after they approve them for home loans. It's an unethical practice that leaves a lot of realtors out of the mix. What is being done about it? Nothing. Mortgage lenders are now acting as real estate brokerages, handing out realtors to clients. This completely defeats the purpose of realtors signing up with brokerages, if it's lenders assigning realtors to approved clients. To get work, realtors now need to kowtow to mortgage lenders. So much for fair dealing in real estate. NAR needs to regulate this ASAP, but they won't.
Answer i want money...? why? money. 5:35
LOL
Totally disagree with#1. I am a part time realtor and i answer questions within the first half hour. Ive had full time realtor who had lots of clients and took over a day to reply. Most people want to look at houses after work or at lunch.
Excellent bringing up chance if a sociopath.. for real.. there are many out there
Dude you are trying to hire a closer not a spouse!
BS = the 1st question to ask = what do you charge
wow, these are ... SO bad.
Asking someone why they became a realtor and what is their primary focus in life is like, asking your dentist or your insurance agent why they do what they do with what purpose... Those are all very personal and irrelevant to task on hand. This is sadly another wanna be guru on RUclips just because you've closed some transactions.. This so called internet guru self-marketing trend is disgusting in my opinion - gossiping about imaginary con-artist agent sure makes you look great. Great fucking job.
If you are looking to have great experience in buying and selling your house, simply ask following questions.
1. How many transactions did you do in last 12 month
2. What information do you need me to provide for you to do your job in our favor
3. Can I meet with you and your supervising broker to discuss more about my needs and concerns, and how we can maximize home buying/selling experience
TRANSPARENCY IS THE KEY
Whether realtor is new or experienced, they all have managing broker unless they are broker himself. Many realtors are there to help you and meet your concerns only if you are transparent about what you need. All Realtors have fiduciary duty to their clients and they will guide you through all the way. Things go bad when seller gets greedy or buyer gets stingy.. that is the truth.
It's a fucking partnership in my book. I don't put myself out there to sell myself, I'm there to solve problem and provide clear concise solution to get the job done.
and Javier,
You don't need to make realtors look bad so you look like an expert. If you need to feel like you need to educate buyers and sellers then do a fucking better job.
Just because you want to build a tallest building in this industry does not mean you need to start tearing down nearby high rises.
No realtors will send you a referral for those reasons.
Javier Vidana great video. I can help your referrals in Dallas Texas. Let us connect. FYI I work full time.