Red Flags You Should Watch for When Selecting a Real Estate Agent
A real estate agent can make life easier if you are a first-time home seller or buyer. The home selling and buying process can be tedious, complicated, and full of mishaps. If you aren’t careful, you could find yourself in the dark. You could buy a dilapidated property, an overpriced property, or a property you did not want to buy. Seeking the right real estate agent can avert you these problems. Ensure you do your real estate search in Clarksville, TN properly and you have by your side a trusted agent to take you through the process.
The agent is involved in real estate on part time
The work of a real estate agent is too demanding. Often, you may think that anyone who promises to sell your home does the work full time. However, this may not be the case. It is likely that if an agent is not doing it full time, he or she doesn’t follow the trends on the market on daily basis. If you are selling a home, ensure the agent has sufficient time to show it to potential buyers.
An agent suggesting the highest price
Of course, you want to get the best deal, but this doesn’t mean that you should go for an agent who prices it at the highest cap. Homes that are overpriced could remain in the listing unsold for a long time. This raises suspicion among buyers and it could jeopardize your effort in selling the home. So, look for an agent who gives a realistic price.
Pretty low commission
An agent charges somewhere about 5 to 7 percent and this amount is going to be split among the two agents- that’s the buyer’s agent and your agent. However, if an agent isn’t going to share the commission with another, the commission could still be low. There are agents who list and sell the home themselves without involving other agents.
Also, if the agent doesn’t understand the neighborhood, pass on them. If the agent has never sold or bought in your neighborhood, he or she may not be the right person to deal with. When doing real estate search in Clarksville, TN keep these points in mind.