Avoid 7 home Seller's Mistakes When Picking a Real Estate Agent

Avoid 7 home Seller's Mistakes When Picking a Real Estate Agent

By siliconindia   |   Tuesday, August 5, 2014


Bangalore : Selling or buying a property can be a costly and hectic affair. Selling a home is a huge gamble and a biggest transaction you will ever make. All home seller’s ultimate goal will be their property should sell quickly at a higher profit consequently, the sellers makes a spontaneous decisions that cost them money and time. Picking a right real estate agent, who possibly can end the deal within 6 to 12 months, is the most important step in the process. Here are the 7 mistakes that many property sellers make while picking a real estate agent.

Choosing agents without guarantee

Most of the professional agents will provide you an agreement before you sell your property where many sellers will blindly sign their agreement; but the fact is one shouldn’t sign any agreement until and unless; the agent provides the signature. In real estate, signature from an agent tenders a Guarantee where Guarantee is the protection card designed with a legal team to protect your property.

The top agent will guarantee their services and the Guarantee card can be used with any agent.

Choosing a phony agent

Most of the agents tell lies to win their business. Be careful about whom you choose as your agent where many agent can be a liar or agent who tells you the biggest lie about the property price. Avoid agents who talk to you into the auction by telling you stories of implausible prices. Insist they charge you nothing if they sell the property than the estimated price. Choose the right agent otherwise you may be awfully disappointed.

Choosing cheap agent

Real estate agent eminence purely based on their fees. Cheap agents will get cheaper prices. Don’t hesitate to pay an extra one or two percent as a selling fee to receive ten percent profit. Good mediators give big discounts on their fees. If they get you the best deal they worth affair fee. Choose an agent who works harder than an agent who cost less.

Choosing agent who don’t have detailed records of buyers:

The best and right agents will keep detailed records of buyers. Most of the agents will get a hundred of inquires, why don’t they keep records of those people? Why don’t they keep in touch with genuine buyers? This reveals their attention towards the work. Pick a real estate agent who keeps detailed track record of buyers like phone numbers, permanent address etc….

Dealing with many agents:

If you employ more agents, you may decrease your property price. Do not list your property with numerous agents. You may think that this will increase the chances of finding a buyer, but it decreases your chances. Due to this the agents will speed up their job and they will forget about price. Choose an agent, one you like and trust.

Revealing reason for buyers

Your reason for selling should be confidential. We can’t trust anyone in this world. If you reveal your reasons it may hurt your chance of acquiring higher price. If you say, “It must sell because” they may think that you have financial problems. Simply say that you are wishing to relocate, don’t tell the reason. Reason for selling is confidential.

Trusting agents blindly

Real estate agents job is to play tactics to sell a property. In order to find a real estate agent who meets your selling experience a positive one, do not blindly walk into a neighborhood firm or known agent. Interview them like to find the experience and background, Ask for a list of earlier customers and gauge the knowledge they have. Pick an agent you trust and who will provide you the facts and help with every aspect.

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