Errors Property Owners Make When Picking a Realtor
It holds water to choose a listing agent who gives the highest property value because you want to sell your property to the highest bidder, but picking a real estate agent based on the value they give you can be the start of series of mistakes, you need to know that a listing agent can only give you estimates and you and the buyer have the final say regarding the price of the house. You should know that a realtor cannot certainly tell you the final value of your property, a good real estate agent will give you a range of price that is ideal for your house, a realtor can also provide you with information such as comparable, pending and active sale anything further than this is meant to make you list your property with them. The listing agent should see you through the whole property selling process but you make the final call regarding the price of your property, and you can negotiate the price with the buyer and here is where the realtor steps in to ensure you are not ripped off. To help you avoid making some of these mistakes when selling your property in future here are some of them.
It is very common to see property owners picking a listing agent who takes the lowest commission that the usual 6 percent, although everyone wants to get the most from their property choosing a realtor based on commission is the first mistake, such real estate agent will not pay much attention into marketing your property and it might take more time than expected to sell, in most cases such real estate agent will give high quotes to attract more property owners to increase their listing, but the thing is most of these properties are not selling and working with such listing agents can lead to disappointments because of slow-selling progress.
The other mistake is the lack to consider local real estate agents, it is can be tempting to think local listing agents are not competent enough but this can cost you significantly, a local listing agent has great knowledge in the local property market which they can use to give you more accurate estimates of your property, furthermore, a local realtor is well versed with local regulations that control real estate industry which makes the transaction process smooth and easy to complete.
Only a few property owners consider customer service of the listing agent they are picking, this has contributed to some choosing a realtor who is constantly unavailable, does not respond to their needs, and are dishonest, the consequence is poor customer experience which can be stressful and frustrating. Those are some mistakes you need to avoid when looking for a realtor.