8 Smart Questions to Ask Once You’re Working with a Real Estate Agent

When you start working with a real estate agent, asking the right questions can make a huge difference in helping you make smart, informed decisions throughout your home buying journey. Whether you're a first-time homebuyer or just need a refresher, here are 8 important questions to ask your agent:

1. Can I See a CMA?

A Comparative Market Analysis (CMA) shows you how the home you’re interested in compares to similar properties in the area. This helps determine whether the price is fair and gives you guidance on how much to offer. It’s an essential tool in understanding market value and setting your expectations.

2. What Should I Offer for This House?

Depending on your local market conditions, the right offer can vary widely. In competitive areas, low offers may not even be considered. In others, you may have room to negotiate. Your agent’s market knowledge is key—they can guide you in submitting a strong offer that protects your interests while staying within your budget.

3. How Would You Protect My Interests?

Your agent is your advocate throughout the transaction. Ask how they’ll protect you when drafting your offer. A great agent will explain how to structure contingencies (like home inspections or appraisals), handle appraisal gaps, and use tools like escalation clauses to keep your offer competitive and protected.

4. What Is an Escalation Clause?

An escalation clause automatically increases your offer up to a maximum amount if another buyer makes a higher bid. It allows you to stay competitive in a multi-offer situation without overpaying from the start. This is a smart strategy in today’s fast-moving markets.

5. Can You Recommend a Lender?

Agents work closely with lenders and can connect you with trusted professionals. This is especially helpful if you’re just starting the financing process or want a second opinion to compare rates and loan types.

6. What Are the Closing Costs?

Beyond your down payment, there are additional costs associated with buying a home—like lender fees, title insurance, and taxes. Your agent can provide an estimate based on the price range you're shopping in, so you're financially prepared.

7. How Long Will the Process Take?

The buying timeline can vary based on financing, inspections, appraisals, and seller cooperation. Your agent can set realistic expectations based on current market conditions and the type of property you’re pursuing.

8. What Happens After My Offer Is Accepted?

Many buyers think the hard part is over once the seller says yes—but that's just the beginning of the escrow period. Your agent will guide you through inspections, appraisals, and any necessary negotiations until closing day.

Bottom Line:
Your real estate agent is your partner and guide, and asking the right questions early on helps ensure a smoother, more confident home buying experience. If you’re thinking of buying a home and want someone who will keep your best interests front and center, I’d love to chat.

📩 Send me a message to schedule a free consultation!