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How a Wrong Agent Can Sabotage Your Investment Plans

It is worth noting that almost 93 per cent of home sales involve an agent at some point. In most of the cases, hiring a real estate agent is in absolute interest of the homeowners, however sometimes it’s not always the case. As in all stages of home selling, it is vital that you identify all your options, and understand the advantages and disadvantages when it comes to hiring a real estate agent. It is a best practice to read some online reviews about the company or a particular real estate broker you are going to deal with, you always want to get in touched with some reliable and accurate information which you can only expect when you are dealing with the best property agents.

Inexperienced and part timer should be avoided:

Hiring an agent who only works part time or one who offers a limited selection of homes and knows nothing about the neighborhood, may change your selling or buying experience into a nightmare and also put your investment in danger. Also, beware of hiring friends and family who have limited experience and are not professional enough. Be exigent and insist on hiring a professional who works full time.

It is unfortunate that sellers and buyers get the agent who couldn’t care less and thumb down on you the property he wants to sell – whether you’re into it or not – the worst part is to find an agent who cares only about his commission. The better option is to search via honest reviews in some property portal about a particular agent.

No Business Plan or Business Strategy:

New agents in the market nowadays only emphasis on which Real estate agency they are going to join next and get their shiny new license in the mail. Why? Because most of new Real Estate Agents have never been in business for themselves, they’ve only worked as employees. They mistakenly believe that getting into the real estate business is just like getting any other job and take themselves as an employee who works 9 to 5 shifts.” What they’re missing is that they’re about to go into business for themselves. You can’t be a good agent unless you take your job as your own business and not just work to get paid at the end of the month. If you’ve ever opened the doors to ANY business, you know that one of the key ingredients is your business plan. Your business plan helps you define where you’re going, how you’re getting there, and what is it going to take for you to make your real estate business a success.

Signs of having a wrong agent:

– Lack Of Communication
– Lack Of Confidence & Belief
– Doesn’t Listen
– Lack Of Experience

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– Unprofessional
– Too Pushy
– You Feel Uncomfortable
– Poor Negotiator
– Lack Of Marketing Skills and/or Web Presence
– The agent doesn’t know the real estate landscape in your neighborhood
– They don’t give you a sense of comfort

Things you should avoid before hiring an agent:

– Recruiting Family
– Only Interviewing One Agent
– Not Seeking References
– They Live in the Neighborhood
– The Agent Sold X Number of Homes