What should I know that a real estate agent might not tell me?

Lack of errors & omissions insurance may hurt transaction

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Selecting a real estate agent to represent you in a home purchase or sale can be one of the most important decisions you make. There are obvious considerations, such as choosing a reputable agent with experience in the area where you want to buy or sell. Here are a few not-so-obvious points to keep in mind. One of the biggest complaints made about real estate agents is that they don't communicate often enough. Make sure before you commit to working with an agent that you know how often you can expect updates. If you prefer communicating by e-mail, find an agent who will accommodate you. If you find that your agent is not communicating often enough, let your agent know what you need. Before cementing your relationship, find out who will be working with you. Some buyers and sellers are disappointed when they discover that they won't be working with the agent they selected. Instead, they might be working with an assistant. Many top agents use assistants to help them do their jobs. There'...