3 Red Flags to Watch Out for When Hiring a Real Estate Agent

There are roughly 86,004 real estate brokerage firms operating across the country. With so many choices, how can you be sure you hire the right one for your home? Selling your home fast can be a challenge, but with the wrong agent or firm, it can become a nightmare. Here are a few red flags to watch out for when hiring a real estate agent.

The agent suggests a high listing price. When you list your home for the highest possible price right off the bat, you risk letting it sit on the market. Many buyers won’t bother to look at the property because they know the price isn’t realistic. Unfortunately, the longer the house stays on the market, the less attractive it becomes. Buyers will start to imagine that something is terribly wrong with the property because it seems so undesirable.

The agent isn’t familiar with your type of property or your neighborhood. If you’re selling a condo, don’t hire an agent who specializes in single family houses. You want an agent who is well-versed in your type of property. Similarly, you want an agent who is familiar with your location. They will know the price value of homes in the area, will have connections, and will most likely be able to close the deal much sooner. So, if you’re selling a house in California, hire an agent who has a high success rate in your state.

They have a questionable commission rate. The commission rate is tricky because you don’t want an agent who sets it too high or one who sets it too low. An agent with a high commission rate is clearly not client-focused. This agent cares more about their own profit than customer service. On the other hand, setting the commission rate too low may be a sign of desperation. Perhaps this agent’s business isn’t going well.

Some real estate agents don’t know how to sell your house fast and aren’t capable of getting the best price for your property. That’s why it’s important to choose the right real estate agent whenever you are selling your home.

If you need to sell your house in 7 days or fewer, however, you may want to forgo the agent altogether and work with a real estate solutions company like Sell Your SoCal House Fast. They are experts at selling your home fast and will make a cash offer for your house within 24 hours.

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