Posted 12/02/2017

What do today’s homebuyers want in their real estate agents?

best real estate agents

Aly J. Yale

The Mortgage Reports Contributor

Helpfulness ranks No. 1

Today’s home buyers primarily want their real estate agents to be helpful, according to a new study from Open Listings. The study, which looked at the volume of certain keywords across five-star agent reviews on its proprietary platform, found “helpful” appeared the most out of all terms tracked.

Verify your new rate (May 25th, 2018)

Top traits for real estate agents

Helpfulness ranked first, but many buyers are careful to note in their reviews that helpfulness doesn’t equate to pushiness or lots of sales pressure. According to Open Listings, “For our buyers, reactive helpfulness (i.e., answers a buyer question) was better than feeling pressured by too much agent outreach.”

Real estate: buyers agents versus listing agents

The term “helpful” appears 134 times across more than 900 reviews analyzed. Second in line were terms relating to availability – things like “responsive,” “quick,” “available” and “accommodating.”

“With the majority of Open Listings buyers in competitive markets, speed is crucial,” the report reads. “Texts, emails, and phone calls can’t wait hours, let alone days. Buyers expect prompt, frequent communication — even if it is just to say, ‘Still waiting for an answer.’”

First-time buyers guide: using a real estate agent

Good people skills ranked third, with terms like “friendliness,” “nice,” “personable” and “pleasant” appearing 104 times. Knowledge/expertise was next, followed by being professional and good under pressure.

“We dug a little deeper and found that professional means knowing how to keep calm and carry on,” Open Listings reported. “With so many emotions and finances at stake, home buying can feel stressful. A true pro guides buyers to close smoothly and with a level head.”

Should you work with your real estate agent’s “preferred” lender?

Open Listings primarily serves Millennial home buyers and has sold $250 million in properties to the generation to date.

Get today’s mortgage rates

While we can’t help you find the right real estate agent, we can help you find the best possible mortgage rate. Shop around now to see what you qualify for.

Verify your new rate (May 25th, 2018)

Aly J. Yale

The Mortgage Reports Contributor

Aly J. Yale is a mortgage and real estate writer based in Houston. Connect with her at AlyJYale.com or on Twitter

The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products offered by Full Beaker. The views and opinions expressed herein are those of the author and do not reflect the policy or position of Full Beaker, its officers, parent, or affiliates.

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