Lessons Learned from Years with
November 24, 2020
Errors Property Owners Make When Picking a Realtor
Every homeowner looks forward to selling their properties at the highest value possible, this makes them consider a real estate agent who quotes their properties the highest, unfortunately, these are not real measures of the listing agent competency and reliability, what they seem to forget is that a real estate agent only gives estimates and the final selling value is determined by you and the buyer. It is always good to listen carefully to the prospective real estate agent before deciding to hire them because a reliable listing agent will only give you a range of values you can quote your house, comparable, pending or active sales anything else concerning the value of your property is only meant to make you choose them. As mentioned earlier you have the final word regarding the value of your house, the realtor should guide you through the whole process to ensure the transaction is completed with less hassle as possible. This article intends to enlighten you in choosing the right listing agent based on other variables besides selling value.
One of the major mistake a good number of homeowners make is to pick a real estate agent who asks for the lowest commission and promises them the highest price of their property, what you need to know this is a marketing gimmick that is meant to persuade list with them, undercut their competitors to improve their listing when you encounter such a listing agent you need to be careful because most of the time the listed properties are not selling, unfortunately, most people associate a huge listing with competence and reliability of real estate agents which frustrate them later on, also good to note is that if a realtor lowers the commission than the general 6 percent of the selling value of your property the fewer resources they are likely to commit into marketing your property, therefore, use as many criteria as possible to determine the ideal real estate agent to list your property with.
The other mistake is the lack to consider local real estate agents, it is can be tempting to think local listing agents are not competent enough but this can cost you significantly, a local listing agent has great knowledge in the local property market which they can use to give you more accurate estimates of your property, furthermore, a local realtor is well versed with local regulations that control real estate industry which makes the transaction process smooth and easy to complete.
A significant number of homeowners overlook the aspect of good customer service when selecting a real estate agent, this has made them pick a realtor who barely responds to their questions, untrustworthy and dishonest which can be stressful and tedious contributing to poor property selling experience. Those are some mistakes you need to avoid when looking for a realtor.