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. 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.
Overlooking local real estate agent is another error most homeowners make when hiring real estate agent, people have this idea that foreign listing agents are reliable and competent compared to the locals, unfortunately, foreign listing agents are inept of local property markets and they can only rely on what they get online to estimate the value of your property this can affect to a large extent the value of your property, a local realtor knows all local regulations and requirements involved in property transactions which help in ensuring a smooth and faster property transaction process.
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.