Serious Errors Homeowners Make When Selecting Listing Agent
It is common for every homeowner to sell their property at maximum value possible, but it is always good to be realistic and determine the most appropriate price for your property before listing, this is because a good number of property owners have been lured into picking real estate agents who give them the highest quote of the house and ask for a considerably low commission. What most property owners fail to understand is that real estate agents can only provide estimates of the value of your property to help you quote an ideal price that will not scare away potential buyers and not low that you feel cheated after the transaction, you have the final say on the price of your property and it’s up to you and buyer to agree on the final price. To help you avoid making such kinds of mistakes and others when looking for a real estate agent this article outlines some of the common mistakes you need to avoid.
As briefly stated one of the primary mistakes most property owners make is to choose a real estate agent who gives them the highest quote and request less commission, this should be a red flag as the real agent simply want to lure you in maintaining him/her, a real estate agent who asks for a small commission below the usual 6% is likely to commit few resources to market your property, the consequence is slow property sale that may take weeks in not months, this can be frustrating and it would have been much better to sell the property yourself.
Failure to consider a local realtor is another mistake a good number of property owners make, what you need to recognize is that local real estate agents have a rich understanding of the local property market and therefore in a good position to give you the most accurate value of your property, local realtors have in-depth knowledge of local regulations that govern property transactions which contribute to smooth property sale with less hassle, it is also easy for a local real estate agent to show up as many times as possible to help you in preparing the property for sale compared to a real estate agent who is far from your property.
Only a small number of homeowners pay attention to the customer service a real estate agent possesses, as a result, a good number of property owners have found themselves with a dishonest untrustworthy, and unavailable listing agent, this can be frustrating and stressful because it significantly slow your selling process as the real estate agent can barely commit to marketing your property, this danger of hiring such real estate agents is that they erode your confidence and trust you had for real estate agents and you never be comfortable hiring one in future. You can use this guide to avoid committing these mistakes when looking for a listing agent.