Avoid These Costly Mistakes When Hiring A Real Estate Agent Posted on Nov 07th 2019
Avoid These Costly Mistakes When Hiring a Real Estate Agent –By Alexis Winnell, Realtor
Selling your home can be a daunting process. The best way to alleviate the stress and concerns that come with putting your house on the market is to hire a qualified and knowledgeable REALTOR. But how can you be sure that the Realtor you have in mind is right for you?
1. The agent in your neighborhood may not be the best choice for your home.
Most real estate agents in today’s market specialize in multiple communities. Agents that do not live in the town still have specialized knowledge of the town’s events, infrastructure and, of course, property values. Don’t hire an agent based on convenience or perceived accessibility. A good agent will drop everything to service your property and is ALWAYS on call.
2. The amount you think your home is worth may not be an accurate estimation of market value.
When you interview potential agents to facilitate the sale of your most valued asset, let them suggest a sales price. They should arrive at the appointment with at least 3 different examples of homes that have sold in your neighborhood in the last 6 months. If you suggest a price and the agent immediately agrees with you without offering any proof to support your suggested price, tread carefully. The agent could simply be agreeing in order to obtain the listing. Later, after letting the house sit on the market for 60 days, they can return to you and suggest a price reduction to a more accurate value. The problem with this tactic, apart from its inherent dishonesty, is that properties garner the most attention from other agents when they are new listings. Agents are often reluctant to bring potential buyers to a property that has been on the market for many days, due to the perception and fear that something is wrong with the house.
3. A snap judgement is great at picking out curtains, but not at selecting an agent.
It is important to get a great vibe from your agent, but it is equally important to learn about their credentials. Are they a Realtor, and therefore held to a strict code of conduct and ethics? Will they provide a list of references of their past clients?
As the real estate market changes, is the agent staying abreast of the new trends in the local market? Experience is great, but don’t discount newer agents– sometimes they’re the better choice because they have fresh marketing ideas and are overly eager to succeed, which translates into better service and more attention for your property.
When considering which agent to hire, your best choice is someone with whom you feel comfortable, but who will also be honest about your property’s value. . Give Apex Realty Group a call today at 978.276.3333.
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