TOP 4 MISTAKES TO AVOID WHEN LISTING YOUR HOME WITH AN AGENT
The Most Frequent Results Of These Mistakes Are:
1. Choosing to work with the agent who promises you the highest sale price or the most amount of money, even if the price seems unrealistic.
2. Choosing the agent who promises to save you money by lowering their commission.
3. Choosing the nicest agent.
4. Choosing an agent who works alone.
Choosing to work with the agent who promises you the highest sale price or the most amount of money, even if the price seems unrealistic.
Because you were quoted an inflated price, you’ll get fewer buyers coming to view your home than if it were properly priced. The number might look great on paper, but if buyers can get a comparable house for less money, you won’t get much interest in your listing. You’ll have to endure a series of price reductions, which could result in your home only finally selling below its true market value.
Choosing the agent who promises to save you money by lowering their commission.
According to real estate consultant Bernice Ross, there is a “Big Lie” in real estate: reducing commission always results in more money for the seller. Nothing could be further from the truth. All sellers want the highest price possible for their property. No matter what you are selling, maximum exposure in the marketplace is crucial if you want to achieve the highest price possible.When an agent takes a lower commission, they may cut valuable services that increase exposure and sell your home faster and for more money. Your house may sell for a lower price than it could with another agent, costing you much more than the one to three percent savings in commission. A lower commission does not guarantee you will receive more on your home sale, but sometimes quite the opposite.
Choosing the nicest agent.
Your agent isn’t qualified to sell your home just because you like them a lot and think they are nice. Your agent’s personality will not matter if you eventually discover that they don’t have the expertise to market your home properly. When this happens, your property sits on the market and either doesn’t sell or sells for lower than market value. Our team members are all fantastic to work with AND we have a proven system to get your home sold quickly and at the highest price possible.
Choosing an agent who works alone.
You probably think a solo agent will work a lot harder and give you more personal attention. Unfortunately, this is usually not the case. Your agent ends up neglecting some important steps because they are so busy trying to do everything all by themselves. As the client, you end up with an inferior result than if you worked with an agent within a team of professionals.