If you’re planning on selling your house, it’s important that you find the right agent to help you sell it.
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If you’re selling your house and an agent is trying to buy your listing, they’re simply over-guaranteeing on the sale price in order to convince you to list with them.
This typically happens when multiple agents are competing for the same listing. Sellers have every right to interview multiple agents, but keep in mind that one single agent can’t make the market move. A house will sell for what it’s going to sell for. What’s more, agents who become aware that there is competition for the listing also have a tendency to slant the figures and promise you more of a net payout on the house than what can actually be obtained. They do this knowing that they can always talk you into a price reduction later on.
“The question then becomes, how do you avoid this scenario when interviewing multiple agents?
Don’t listen to the agent’s promises—look at the results.
The easiest way is to look at the results. It’s simple enough to look up an agent’s track record and their customer reviews on a site like Zillow. Once you’ve done your research and have begun the interviewing process, be wary of them telling you what you want to hear and trying to buy your listing. Remember—overpriced houses don’t sell.
You can also just choose to withhold the fact that you’re interviewing multiple agents from the agents you’re interviewing. What they don’t know won’t hurt them, and it won’t hurt you, either.
If you have any questions or topics in mind you’d me to address, don’t hesitate to give me a call or shoot me an email. I look forward to hearing from you!