Itโs no secret that selling a house can be a complicated and time-consuming process. Thatโs why choosing the right real estate agent to help you navigate these waters is essential. Unfortunately, many homeowners make mistakes when choosing a realtor, which can end up costing them time and money. Here, we will discuss four common mistakes people make when hiring a realtor. We will provide tips on how to avoid these mistakes!
1) Not Interviewing More Than One Agent
When you plan to sell my house in Lakewood, you must take time to interview multiple agents. This will help ensure that you find the best possible agent for the job. Not interviewing multiple agents is one of the biggest mistakes that people make.
Once you have narrowed down a list of potential agents, check their references. This is an essential step in the hiring process.
Client reviews and testimonials will give information like:
- How well they communicate
- Whether they are responsive to phone calls and emails
- If they are knowledgeable about the local market
- How well they negotiated on behalf of their clients
2) Not Asking for a CMA Upfront
A comparative market analysis (CMA) estimates your homeโs value about other homes in the area that have recently sold. It includes details like:
- The number of bedrooms and bathrooms
- The homeโs square footage
- The size of the lot
- Current market conditions
Asking your real estate agent in Lakewood for a CMA upfront will give you an idea of what to expect when listing your home and can help avoid situations where your home is overpriced or undervalued.
3) Signing a Contract With an Agent Before Fully Understanding the Terms
How well they communicate
Whether they are responsive to phone calls and emails
If they are knowledgeable about the local market
How well they negotiated on behalf of their clientsA written contract will include details like:
- The real estate commission youโll owe
- The agentโs duties and responsibilities
- The length of the agreement
Be sure to read and understand the contract before signing it. If thereโs something you donโt understand, ask for clarification. And, never sign a blank contract.
4) Not Checking Their Fees and Commission
Finally, before you sign with an agent, be sure to ask about their fees and commission. The commission is typically a percentage of the homeโs final sale price, so youโll want to ensure itโs something youโre comfortable with. It is essential to check for hidden fees as well. Some agents may charge additional fees for marketing and advertising your home. Be sure to ask about all potential costs, so there are no surprises down the road.
Final Words
Marqui Realty is a top-rated real estate agent in Atlanta, Georgia. Our agents are experienced in handling all types of real estate transactions, from simple sales to complex investment deals.
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