Interview at least three brokers before hiring one There are traditional agents, buyer agents, exclusive buyer's agents (who never represent sellers) and discount agents.
Many buyers today opt to use buyer agents, or buyer brokers, who represent the interests of the buyer rather than the seller. Look for an agent whose philosophy and mannerisms are compatible with yours. Look for an agent who has ample experience, and who is knowledgeable about the neighborhoods you've selected for yourself.
Read and understand all documents before signing them. So many folks don't even bother to read either their purchase contract or loan documents. That's unfortunate, given the enormous legal implications of a home purchase. But it's a bigger deal this year if you're buying a home in a short sale transaction or a property that's been foreclosed upon. Before you put down any money toward the purchase of a home, understand the process that you will need to go through to buy the home and what it will take to get out of the deal in case it doesn't work out. Take the time to read all documents thoroughly.
