How To Choose A Realtor To Sell Your Home

Selling your home can be a difficult and time-consuming process, which is why realtors have an industry to begin with. There are challenges to finding a buyer, making sure your price is met, and plenty of paperwork to do once everything is set in motion. While there aren’t a lot of “bad” realtors out there, there are some that don’t have your best interests in mind, which is why it’s important to put in some work when choosing a realtor to help you sell. Here are some tips on how to choose a realtor to sell your home to help guide you in what to do, as well as some things you should avoid along the way.

How To Choose A Realtor To Sell Your Home:

• Avoid Dual Agents

Dual agents are realtors that represent both a buyer and a seller in the same transaction. You can see from the jump why this might be disadvantageous if you’re selling. If your realtor has an interest that goes against your own, you can find one that’s a better option. Not only do dual agents have the interests of another party in mind when trying to negotiate a price, but they also have a vested interest in selling at all costs since they receive a commission on both ends of the deal.

• Get Referrals & Compare Reviews

 It’s good to get referrals and take reviews into account when looking for a realtor, just as you would for any other service. Since selling a home involves a very large sum of money, you want to make sure you find someone that has a proven track record of performance and the input of others and reading about their experiences can help you determine the right direction to go.

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• Come Equipped with Questions

When you have an initial meeting or consultation with a realtor that you’re considering hiring, come equipped with any questions you want an answer to. This should include things like how long they’ve been in business, what their experience is in the area you’re selling in, and relevant statistics about how many houses they sell, what percentage of them sell, and list price versus selling price. Those are all important things to ask, and you should add in your own specific questions or concerns as well.

• Look For A Tailored Strategy

Among the questions you should ask a realtor before agreeing to hire them is what their sales strategy is for your home. There will of course be similarities between every sales strategy, but it should be tailored to your specific home, its location, and your motivation to sell. If a realtor can’t spell exactly what their gameplan is for selling your home, or doesn’t have the same interests in mind, it’s time to keep looking for someone that will.

• Make Sure the Contract Has an Out

Any realtor you end up working with will have some type of contract or agreement that you’ll have to sign. Pay careful attention to the details in this document. There is usually a time limit on the agreement that allows you an out if you’re unable to sell or unhappy with the performance of the realtor. A good real estate agent will allow you to cancel a contract if you want, rather than locking you into an agreement that you can’t get out of. When you’re locked into a contract, that agent gets the commission regardless of when it sells. Make sure to cover these details with a realtor before hiring them, otherwise you risk working with someone that may leave your home on the market while they pursue other opportunities.