Choose a real estate agent by interviewing at least three candidates, verifying their license, asking about their experience in your specific target neighborhoods and price range, and reviewing their recent sales history. For buyers, the agent's fee is typically paid by the seller — but since 2024 buyer representation agreements are now standard.
Your real estate agent is your primary advisor through one of the largest financial transactions of your life. Picking the right one — rather than the first referral you receive — can meaningfully affect how smoothly the process goes, how well your interests are represented in negotiations, and how quickly issues get resolved. The HUD homebuying resources advise buyers to understand the agent's role and representation terms before signing anything.
Interview at least three agents before choosing. Key questions: How many buyer clients are you currently working with? How many homes in this price range and area have you helped buyers close in the past 12 months? What's your typical response time? How do you handle multiple-offer situations? If they struggle to answer the last question specifically, that's a signal.
Following 2024 industry changes, buyers are now typically required to sign a written buyer representation agreement before touring homes with an agent. This agreement outlines the agent's duties, the duration of representation, and how the agent is compensated. The CFPB's homebuying guide recommends reading it carefully — specifically how compensation is structured and whether you're locked in exclusively. Ask whether the agreement can be terminated if the relationship isn't working.
The listing agent represents the seller's interests. As a buyer, you want your own representation. A buyer's agent owes you fiduciary duties — loyalty, confidentiality, disclosure, and acting in your best interest. A dual agent represents both parties in the same transaction, which creates inherent conflicts. Most states allow dual agency only with written consent from both parties. The CFPB's process overview explains representation relationships in plain language.