Serious Errors Homeowners Make When Selecting Listing Agent
Some real estate agents have recognized the insatiable desires of some property owners to sell their properties at inconsiderable high prices while incurring low costs as possible, these listing agents capitalize on this weakness of property owners by giving them the highest quote of their properties and ask for an insanely low commission, the results are homeowners frustrations and regrets for slow sale and uncommitted real estate agent. You should have in mind that a listing agent helps in estimating the right value of your property, a good and reputable real estate agent will give you a range of prices so that you can pick the one you feel closely represent the value of your property, in the end, it is you and interested buyer to agree on the final price of the property. This article highlights a few more mistakes many homeowners make when choosing a listing agent to help you avoid repeating them in the future.
It is quite common to see homeowners select listing agents who give them the highest quote and ask for the lowest commission below ordinary 6 percent, what property owners fail to understand is that such listing agents want to persuade them in keeping them so that they can have a huge listing which sadly most people use to determine reliability and competency of listing agents, a huge listing does not necessarily mean the properties are selling and there should not be used as a measure of listing agent competency, therefore, avoid realtor who gives insanely high prices and ask for small commissions because they will not commit in marketing your property and you are likely to experience a slow sale.
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.
Property owners barely pay attention to the customer of the listing agent they are choosing, this has resulted in many regretting their decision because of hiring unavailable, uncommitted and dishonest real estate agent, the result of working with such listing agent is that you experience slow property sale and you lose trust with real estate agents. Those are some errors you need to avoid when picking a real estate agent.
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