Top Five Warning Signs of a Bad Real Estate Agent
While a savvy real estate agent can help you sell your property efficiently, not all agents are created equal. Getting the right real estate agent for your property can make a huge difference in the outcome. With the market flooded with real estate agents, determining who to trust with your business can be challenging. There are many mistakes home sellers make when choosing an agent to sell their property which can easily be avoided. Choosing the wrong agent can result in a lower selling price and unnecessary frustrations to the seller. It is possible that only after you’ve hired an agent to help you buy or sell a home, you start realizing that you hired a wrong agent. There are many signs of a dud real estate agent you should watch out for to avoid frustrations in your property investment.
Here are the top signs of a bad real estate agent you should note.
Communication Issues With the Real Estate Agent
Communication is one of the most important qualities of a reliable real estate agent. If you don’t hear from your agent for weeks, you need to find a new one. Your real estate agent should get in touch with you often for the transaction to be without much hassle. If your agent doesn’t get respond to you in a reasonable amount of time, it may cost you home-buying or home-selling opportunities.
They Lack Leadership
A reliable real estate agent should be committed to doing their best when representing you in the real estate market. If your agent agrees with on everything, that’s a sign of someone who’s only eager to please you. A good real estate agent should be able to offer guidance and advice according to their research and experience. You obviously need an agent who is experienced enough to negotiate a good deal on your new property. Someone who is there to tell you what you want to hear is not the best person to work with.
They Don’t Have a Network
Experienced agents have a team of professionals working together with them in the real estate market. Lenders, home inspectors, and closing attorneys are some of the assets an agent should be in contact with to ease the transaction. An agent that doesn’t have a strong team of professionals is likely to cost your opportunity. A strong team increases the chances of having a successful transaction.
Too Much Pressure from the Real Estate Agent
While a home is one of the most expensive purchases a homeowner can make, the agent should always keep in mind that you’re the boss. The agents should not pressure you to buy a home that is out of your budget or accept a price that is too high. The agent may be more interested in getting a higher commission than helping you find a good home that matches your budget.
Doesn’t Listen
Your first meeting with your agent should be like a counseling session. Who does more of the talking? This is what differentiates an outstanding agent from an average one. A good real estate agent should have strong listening skills. The agent should have your best interests at heart as you discuss the work process and market. Showing empathy and care is what a listening agent will have.
They Lack Experience in What You Want To Achieve
When looking for an agent to work with, choose one that who understands the markets you’re looking in. If your agent has not successfully helped buyers and sellers in an overhead market, you should consider your options. Work with an agent who specializes in the real estate niche you’re interested in.