Real Estate Agent Interview Question:

Do you require a pre-qualification or pre-approval before looking at homes?

Submitted by: Muhammad

Mortgage and financing is a very popular subject when buying a home, especially for the first time. When interviewing a buyers agent, this is a good question to consider asking. The responses that will be received will vary, however, a great real estate agent will answer this question with a resounding "yes." It's critical that when buying a home, a buyer gets pre-approved before looking at homes.

A buyers agent who shows dozens of houses before getting a buyer pre-approved (or at the very least, pre-qualified) is doing a huge disservice to that buyer. It's important that a potential buyer has a strong grasp on the type of financing they qualify for and the amount they qualify for and bottom line, if they are able to purchase a home at that specific time. This can help eliminate disappointment, heartbreak, and also save the a buyer lots of time!
Submitted by: Muhammad