Did You Hire the Wrong Realtor? Some Signs to Look Out For
The real estate market is a tricky minefield if you’re not familiar with all its ins and outs, which is why you need to hire a realtor to help you out if you’re buying or selling property. They are tasked with making all transactions go smoothly and lead you to make the right decisions.
Unfortunately, not all realtors are looking out for your best interests. If you’ve already hired a realtor, here are some red flags and telltale signs that you might be working with the wrong person:
Your realtor doesn’t have time for you
Are you having trouble contacting your realtor? Is their schedule so busy that they’re never available when you need them? Are they always out of town on the weekends you want to hold an open house.
Realtors who are too busy to even take your call likely won’t be able to dedicate the time and focus to show your home to potential buyers or collect listings you can look at.
In hot real estate markets, houses can get sold very quickly. It is for this reason that a good realtor must be responsive when contacted by phone or by text—they need to act quick, or they’ll lose the sale! If they’re juggling many clients, they should have assistants to make sure no ball is dropped—else, it’s a lost cause for all parties involved.
Your realtor doesn’t have a proactive selling plan
Gone are the days when placing a sign in the yard and listing your home on one website is enough to sell it at a good price. The real estate market has become a game of marketing strategy, fueled by social media and other platforms providing a wide reach for buyers and sellers.
A good realtor has tip-top, current marketing know-how and is an expert in leveraging multiple platforms to get as many eyes as possible on your listing. If your realtor doesn’t maximize every marketing opportunity to get you the best deal, it might be time to find a new one!
Your realtor is not an effective negotiator
Working in real estate means you should be a good negotiator. It’s a realtor’s job to sell your home at a great price or find you a house that’s the best value for your money.
If you’re close to making a deal with another party, it’s a game of offers and counter-offers. Whether you’re a buyer or seller, your realtor is there to represent your needs and desires. A poor negotiator will not be able to protect your interests, and possibly even give away more than you want. You need a realtor who will stick to their guns on your behalf and get you the best possible deal.
Your realtor is new to the business
A freshly licensed realtor isn’t automatically the wrong one for you. After all, new entrants to any profession often bring fresh perspectives and can lead the industry in a better direction. If your new realtor is hardworking and dedicated, then his or her lack of direct experience shouldn’t be a problem.
However, if your new realtor doesn’t have a good grasp of the local housing market, lacks negotiation skills, or is easily intimidated by more experienced realtors on the negotiating table, then there’s a problem! Realtors of any calibre should be able to confidently handle all the tasks that come with their profession.
Your realtor didn’t price your home correctly
Real estate listings go stale very quickly. If the listing for your house has been sitting on the market for more than six weeks, there’s a good chance that it’s overpriced. Realtors may suggest pricing your home a lot more than it’s worth, just to win your business.
You need a realtor with an in-depth understanding of the local housing market and a realistic point of view. You will likely have multiple discussions on the best price to put on your listing, and that cooperation will be beneficial to you.
Realtors are crucial to any buyer and seller’s success in the real estate market. The best realtors have your best interests in mind, and they know all the real estate tips and tricks to help get you a good deal. If you’re not sure where to find a reliable professional to help you out, then it’s best to go on review sites to find out who is worth trusting from previous clients they’ve served.
Are you looking for the top real estate agents near you or more real estate tips and tricks to help you out with your real estate efforts? Everything Real Estate provides all the resources and information that homebuyers in Calgary may need. Connect with us today!