Interviewing Agents and Realtors

[Bill Ung]

I recently got in touch with my first agent to interview and I asked these questions, they seemed to be enthusiastic about working together, but the next day they called it off and were afraid to hop into details when I started asking more questions specifically about the market we're working in. Was there something I missed out on asking? How could I improve my communication with agents moving forward so that I can create that win win situation?

Questions:

1. Do you run your own team?
2. How many properties do you currently own?
3. How did you find them for yourself?
4. How many transactions have you done the past 2 years?
5. How many on behalf of investors?
6. What kind of support would I be receiving from you (and your team)?
7. How do you plan on finding potential properties? What is the system or pipeline of deals we can create? (REO, MLS, Networking?)

Also, I am considering adding something like this near closing (I got it from the BP Podcast episode with Engelo Rumora). Has anyone used it or would have insight in how it would work out in my relationships with new agents?

[Russell Brazil]

Obviously we arnt privy to the details of your conversation, but many top agents are interviewing you at the same time and most people dont realize it. I end up turning down probably 3 out of 5 people or so who ask about working with me .