Sometimes I’ll hear someone saying they want a “hungry agent”. In reality hiring a hungry agent is your biggest risk in this market.
The number of homes in our area being listed and sold is down about 30%. Realtors are leaving the business left and right because there aren’t enough homes for everyone. If you’re looking for a hungry agent you will have a lot to choose from.
What you don’t realize is how much that will hurt you. When listing your home, the biggest risk you have is hiring someone who will tell you what you want to hear so you hire them. When an agent is that hungry you have to wonder if the advice they are giving is benefitting you or them.
I recently had a buyer’s agent on a sale tell me she personally needed that deal to close. I wouldn’t want someone in that position working for me because they might push me to do something just so they can make their mortgage payment!
Real estate agents have a bad reputation of always saying it’s a good time to buy or sell. Believe it or not I’ve had many conversations with potential clients where I told them not to make a move. This text message is from someone who called me to sell his house. He thought his taxes had gone up so much he couldn’t afford the home anymore.
When I looked at his situation the problem was he never filed for a Homestead Exemption. Once he did his monthly payment is back to being affordable and he got a nice chunk of money refunded by the tax office.
Imagine if I was hungry for business? A hungry agent would have told him he needed to sell his house and never told him filling out a form at the tax office was really what he needed to do.
Something that most people don’t think about but they should is make sure you are hiring an agent who is financially secure enough to give you advice that benefits you and not them. Whenever you are ready to have a conversation about your situation contact me at 512-791-7473 or schedule a time at KopaConsultation.com.
If you're planning to sell in 2023, now is the best time to attend our Free Home Selling Workshops. If you want to attend a workshop, get in touch with us and we will notify you when they are scheduled. As always you can check KopaWorkshop.com to see dates and times of our in-person and online Free Home Selling Workshops. For years home sellers have told me they benefited from attending our events. Sign up at KopaSeminar.com.
The information on this page may have changed since we first published it. We give great real estate advice, but this page (and the rest of our site) is for informational use only and is no substitute for actual real estate, legal and financial advice. If you’d like to establish a Broker-client relationship, reach out to us and we’ll tell you how we can make it official. Sending us an email or reading this page alone doesn’t mean we represent you.
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