When you’re working with a real estate agent, it can be difficult to know where to start. There are so many real estate agencies that promise to sell your home at the top price and give you the best deal. But, with all those similar promises out there, how do you know which agency will actually get you the best deal. In a previous blog post, we discussed what to look for in a real estate agent.
In this blog post, we will be discussing some red flags to watch out for when it comes to real estate agents. Sometimes these red flags are easier to spot and it’s important that you take note of these. Get the most out of your home buying/selling experience by investing in a real estate agent that truly has your best interests in mind, not their own. Keep reading to learn more!
Lacking Experience in Your Property
This may seem like a no-brainer, but if you’re looking to buy or sell a home and your agent typically works with apartments or condos, you may want to look for a new agent. While many agents have multiple specialties, you want to make sure that your agent is well versed in your field that you’re looking to buy or sell. Check out reviews or speak with others to see who they used and if they liked them. This is one of the best ways to hear how an agent actually is.
Poor Communication Skills
Buying or selling a home is a huge step in any person’s life. Not only is it a major milestone, but you’re dealing with large amounts of money. In the beginning, your agent may promise to communicate with you through every part of the process, but let their actions speak louder. If you haven’t heard from your agent in a few weeks, it may be time to find a new one. Even if there haven’t been any requests for a showing of your home or your agent hasn’t found a home that meets your specific wants and needs, they should still be communicating about this with you. You’re probably thinking about your home 24/7 and your agent should be doing the same. Plus, you should be a part of this process. Communication is key in any relationship, and your relationship with your real estate agent is no different.
Strong leadership and taking initiative are huge qualities of great real estate agent. If you’re working with an agent that seems to just agree with you on everything, that may be a red flag. You’ve hired an agent because they’re the experts, right? Listen to what your agent is suggesting. Whether these suggestions be that you should up your sale price or that they want to do more research on the home, listen to them. Look for someone who can take the lead and provide you with all of the expert advice. Your agent should be acting on your behalf and having your best interests in mind. Let them take the lead.
Real estate agents make a commission off the home that you are purchasing/buying. While this is pretty common knowledge, you want to make sure that you’re working with an agent that truly has your best interests in mind, not their own. Sadly, people remember negative things more than positive things, which is why real estate agents can sometimes have a bad reputation. When you meet with your real estate agent, make sure that they are the right fit for you. Just as they are interviewing you, you are also interviewing them. Make sure that your personalities and working styles click. This can also make the buying and selling process a lot less stressful. Avoid agents that have a strong sales mentality. Most of the time this mentality only profits and benefits them.
Do your own research about the home market and sales prices. This will help give you a ballpark area of what you should be spending, and it will help you spot any red flags that your agent is unfairly selling it. Yes, they are the experts, but you are also educated enough. If your agent is pressuring you to do things that you aren’t comfortable with, it may be time to find a different agent. While it’s frustrating to have to find a new one, working with the right agent is worth it.
Zero Follow Up
Just because you’ve closed on a home doesn’t mean that your agent’s job is over. While the transaction is completed and you’re getting ready to move into your new home, your real estate agent should still be there for you if you have any questions. Don’t hesitate to ask them anything. A sign of a great agent is their ability to be there for you. They should call you once the process is complete to make sure that you’re happy with everything. It shows a level of care and professionalism that can truly make a world of a difference.
At the end of the day, you have to choose the best agent for your needs and wants. Every buying experience is different but the right real estate agent makes for a positive versus a negative one. At the Real Estate Consultants, we understand the in’s and out’s of buying a home. Not only are we invested in finding you your dream home but we also make the process as stress-free as possible. If you’re looking for a real estate agent in the Southern California area, connect with us, The Real Estate Consultants. You can also view all our current listings on our site.