Real Estate Agents -Before You Choose One, Read This

Posted on April 9, 2009 @ 4:41 am
by Agneta Ullman

Choosing a Real Estate agent to help you sell your home involves a bit more than just calling a Realtor and signing a contract with them. There are many factors and aspects about selling a home, the amount of time on the job is only one and should not necessarily be the deciding factor.

Bear in mind that some listing agents will place your listing on the MLS and then just wait for the phone to ring from the agent who has a possible buyer and not do anything else but that.

How many properties has you agent sold? Was he/she the sellers agent, or the buyers agent? How many properties were sold at, or near, the asking price when agent acted as sellers agent? That is an important question. Some agents will prompt you to reduce the price substantially when negotiating with the buyer. That can mean you lose a lot of money, but it is a quick sale and fast commissions for the agent.

Not everyone is good at negotiating or asking for things.In a transaction involving a large sum of money such as your house, would you not have an agent that have the skill and know how to negotiate the best deal for you?

What will the agent do for you besides placing the listing on the MLS? Where else will there be ads? Will there be open houses where people can come and see the property?

Is your potential agent available seven days a week? Amazingly, some agents do not work, nor return calls on the weekends. Weekends tend to be the busiest time in real estate… What will be the average respons time? This can be crusial not only when a new potential buyer makes contact, but also during negotiations when time is of the essense due to contract expirations.

The personality of your agent is important as well. Is he/she upbeat and easy to talk with? Is she enthusiastic and optimistic? Is she interested in putting in some effort to get this deal completed? Or is she pessimistic, cautious and unmotivated

Take some care and thought before selecting someone that you will be forced to work with for many months. Take your time, interview several agents. Ask around for referrals. Make sure you get the best agent for you and your deal.

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