Reply to How to Vet a Real Estate Agent?

Forum Index » Real Estate

Reply to "How to Vet a Real Estate Agent?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would ask for the addresses of their last 5 transactions where they represented the seller. Then look up each one. Do you like the photos and description? Was there a bidding war, or did it need price reductions? How long did it take to sell?

Also ask for contact info for those last 5 transactions for the sellers and call all of them to solicit their views about how the agent performed.[/quote]

Good advice. As someone who has bought and sold a bit, I would go for the lowest commission. Buyers find homes online these days anyway. No realtor is going to bring you buyers that you wouldn't have anyway. My jaded opinion is that most realtors are corrupt and you're on your own to look out for yourself. Just pay the least amount possible.

Make sure that you ask each potential realtor for a list price with supporting comps. Many realtors will lie to sellers about the list price to try to get their business. No sellers realtor can squeeze more money from a buyer. However, a buyer's realtor will frequently lie to buyers about the value to try to close the deal. Then you look at all the recommendations for list price with supporting comps and make a decision for list price. Then you tell the list price to whichever realtor you choose. You can pick the lowest commission realtor and tell them a list price different from what they recommend.[/quote]

LOL. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics