FIVE MISTAKES SELLERS MAKE WHEN HIRING AN OTTAWA REAL ESTATE AGENT
Selling your Ottawa home is a daunting task, just ask someone who has recently gone through the process. Hiring the right agent makes all the difference. You do not want to be 6-8 months down the road with your property still on the market and yet again finding something to do on a Sunday afternoon during your open house!
FIVE MISTAKES SELLERS MAKE WHEN HIRING AN OTTAWA REAL ESTATE AGENT:
1. Hiring the agent who misprices your home:
- A good agent gives you a price range and educates you of market conditions and comparable sale prices of homes similar to yours
- You need someone who tells you the truth and not what you want to hear
- Buyers are educated in today’s market and they are going to see comparable homes. In the end a Buyer will determine if your price is right
- Mispricing can cost you thousands of dollars
2. Hiring a family member or friend:
- This is not to say your family member or friend is not a good agent
- You need to interview and screen any agent, not just family and friends
- This is a business transaction that requires skill and efficiencies. There is a reason that 20% of Realtors do 80% of the business
3. Hiring the agent with the lowest commission:
- Be wary of an agent who “buys your business” by offering a discounted commission
- We do not hire the professionals we use based on price, we hire them because we know they do the best job, not the cheapest job
- You can save 1 or 2% on your commission; however, if your house is not presented and marketed properly you will likely end up with a much lower selling price and will have not saved anything
4. Hiring a part time or new agent:
- Your home is often your largest asset – let a part time or new agent learn on someone else’s house. There is nothing more to say!
5. Not interviewing more than one agent:
- I once read that most people do more research and buying a washing machine than hiring a Realtor
- If you only speak to only one agent then you have nothing to compare what you have been offered to what is available in the marketplace
- We would be happy to be one of the Ottawa agents you choose to interview.
Contact us at Karen@Ottawa4You.com or 613-721-5341
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