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

FREE ONLINE MARKET ANALYSIS

Leave a Reply