Most
agents have nearly completely control over the scope of services that
they will provide to a homeowner who lists their home with the
agent. Any reputable agent will put your listing in the Multiple
Listing Service (with one picture) and a sign in the front yard, but
what other services could a full-service agent provide? And click here to read my blog post about 5 common mistakes listing agents make.
Additionally, there are a few things you need to look for when interviewing agents:
» Is the agent a full time agent?
» Is the agent well educated and trained?
» Does the agent have business experience? Negotiation skills? Training in marketing?
» Does the agent seem responsive?
» Do you feel comfortable with and trust the agent?
» Is the agent a full time agent?
» Is the agent well educated and trained?
» Does the agent have business experience? Negotiation skills? Training in marketing?
» Does the agent seem responsive?
» Do you feel comfortable with and trust the agent?
And regarding your specific property:
- Does the agent have an online marketing plan, including dedicated websites, to capture the 80% of buyers that search online?
- Will the agent be taking photos himself, or will he hire professional photographers to showcase your home in the best light?
- Will the agent be staging herself, or will she hire someone with professional interior design experience?
- Will the agent be holding the property open on a regular basis?
Finally, be aware of the three most common misconceptions. Do not select an agent based on:
a) The volume of properties they have sold. The number of properties an agent has sold does not necessarily speak to the agent's quality of work. Quantity does not equal quality. Instead, you will also want to ask the agent what types of services they offer their clients, and how often they will communicate with you. The services that agents offer can vary widely, and you should make sure you understand what they are providing, and that you trust the agent's knowledge and business skills.
b) Their claim of specialization in a specific neighborhood. An agent "specializing" in a specific neighborhood might not be the best person to market your home. After all, the buyers will most likely come from a different area, so the property has to be marketed with an open mind to a wide audience. It may be more important that the agent has worked with buyers who are the target market for your home.
a) The volume of properties they have sold. The number of properties an agent has sold does not necessarily speak to the agent's quality of work. Quantity does not equal quality. Instead, you will also want to ask the agent what types of services they offer their clients, and how often they will communicate with you. The services that agents offer can vary widely, and you should make sure you understand what they are providing, and that you trust the agent's knowledge and business skills.
b) Their claim of specialization in a specific neighborhood. An agent "specializing" in a specific neighborhood might not be the best person to market your home. After all, the buyers will most likely come from a different area, so the property has to be marketed with an open mind to a wide audience. It may be more important that the agent has worked with buyers who are the target market for your home.
I suggest you sign up for a free automated comparable market analysis, to monitor the recent sales in your neighborhood--simply email me to discuss.
