Posted on: 31 October 2016
If it's your first experience choosing a listing agent for your property, there are a few things to know about the dos and don'ts of choosing an agent. Here are some things to look out for when choosing the right person for your real estate listings.
Do Meet Multiple Agents
It would be a mistake to only meet one agent before making your decision. For instance, you may like their presentation and be tempted to make a decision on the spot. But rushing into a contract with an agent is a big mistake before you see what other agents in your area have to offer. While you may have found a good agent, you could find an even better agent in the next person you meet.
Don't Go Blindly on a Friend's Recommendation
Sometimes it can be tempting to pick your real estate agent based on someone who has worked out well for a friend in the past. But there are many things that come into play with a real estate agents' fit. Your friend might have had a different type of property, or the agent might not have as much experience selling in your neighborhood or at your price point. And personality does make a difference in the experience. If you need someone who is more hands-on than your friend did, you may do better to go your own way in choosing an agent.
Do Consider Factors Besides Commission
You might look at several factors when making your decision, not least of which is the commission price they request. If you only look at commission prices when choosing an agent, you're missing out on a lot of key factors. For instance, if a higher commission real estate agent could sell your property more quickly, it could actually save you money in terms of lost rental income and staging equipment, not to mention your own time and effort.
Don't Look for the Person with the Highest Sales
Finding the person with the most sales in your area may seem like the best option on the outside, but there are some other factors that can also paint to a great agent. For instance, what about looking for someone who sold all or nearly all of the homes they had on the market last year? Volume matters less than commitment to get the job done.
Do Consider the Entire Firm
And lastly, your agent will need the support of their real estate firm to do an excellent job. Be sure that you fit in with the firm as well as the agent to ensure a happy experience.Share