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. Homeowners need to recognize that one of the main roles of realtors is to give you a range of prices that closely represent the value of your property, you then choose the ideal price to list your property, the price you pick should be reasonable not to put off interested buyers and the one that satisfies you, it is also good to note that it’s you and potential 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.
There are some notions that foreign real estate agents are competent than local listing agents while this is an unsubstantiated claim you may be losing greatly for not using a local realtor, a local real estate agent have a good understanding of the local property market and therefore able to give you precise estimates of your property, a local realtor knows in and out of local regulations that govern property sales which make the property transaction process easy and fast.
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. Those are common mistakes property owners make when hiring a real estate agent.