If your real estate agent says or does these things? To run!
The last thing you need when selling or buying a home is a lousy real estate agent walking you through it. Let’s face it – some real estate agents are just plain bad at their job. You’ve probably heard horror stories of properties sitting on the market for years and buyers ending up buying a home they hate because of an unqualified real estate agent. This is why partnering with an excellent real estate agent is essential. It’s always easy to point out the qualities of an awesome agent, but it helps to be aware of the warning signs to avoid being disappointed or worse, being scammed. Below we’ve compiled a list of things to watch out for – what if your real estate agent says or does the following things? To run!
1. Poor communication skills
Real estate is a fast-paced world, so fast and clear communication is essential. If you find it difficult to communicate with your real estate agent and they don’t give you clear updates, you may be missing out on good opportunities. This will make your whole experience much more stressful than it should be. You might defend them by thinking, “Realtors are busy, so they don’t always have time to respond quickly.” It’s true that real estate agents are busy. Yet professionalism requires answers to questions and complaints within a reasonable time.
A great agent should get back to you within the hour. If not with a solution, at least let you know that they are working on it. If your questions and concerns are silently answered, or if you find yourself waiting hours or days for your agent to answer calls, texts or emails, it’s time to look elsewhere. The same goes for agents who answer you but whose communication style does not suit you. They’re probably not a good fit if you feel like they lack openness, push you around or irritate you when interacting with them or if there’s just no chemistry .
2. Not honest or transparent
Honesty comes into play here too. If you detect dishonesty on their part, you are working with the wrong agency. If you have reason to suspect that your agent has misrepresented you, misrepresented you or a buyer, outright lied, covered up a fact, or encouraged you to omit facts from a contract, then it’s not someone you want to represent to yourself.
You should always run away from them even when they are hiding information “in your best interest”. For example, an agent may not disclose a problem in your home to a buyer because it is not noticeable. Or they ask you to make a false statement on an advertisement. Later, when the buyer finds out about the problem, they can take legal action against you. Walk away and don’t look back if your real estate agent is dishonest with you or wants you to tell lies to potential buyers.
3. Too pushy or not pushy enough
Always remember that the role of a real estate agent is to guide you through the process of selling or buying a property. Whether you are a buyer or a seller, you are under a lot of pressure. And you need an agent who helps you and doesn’t force you to buy or sell. Yes, real estate is a competitive business and you need an aggressive agent to represent your interests. However, you don’t want an agent trying to pressure you to make a decision based on their commission instead of your needs and goals.
Always remember that you are the boss. If your agent is pressuring you to take a low offer or forcing you to buy a home you don’t like or think you can’t afford, it’s probably time to say goodbye. You want your agent to present you with a clear goal and a plan. If you feel like he’s pushing you to make choices you don’t feel comfortable with, that’s a sign that your real estate agent is bad.
On the other end, bad real estate agents can also be pushovers, or they aren’t pushy enough when it comes to negotiating. Agents must be able to represent your best interests in a transaction. If they aren’t pushy enough, you’ll probably have to accept too little for your home or pay too much for a property.
4. Acts as a messenger, not an adviser
It is true that your real estate agent must be a messenger between you and the buyer or the seller because real estate transactions involve many back and forths. However, they should not take the role to extremes and act as an advisor. Your agent should not just pass on information without guiding you. They should be able to advise you on making reasonable decisions that will help you make a successful offer and close the deal. Also, they shouldn’t be afraid to tell you things you don’t want to hear.
5. Lack of trust
One of the most important traits a good real estate agent possesses is trust. If your real estate agent doesn’t even believe in themselves, you’re never going to sell your property or buy your dream home. It’s easy to spot an agent who lacks confidence during your interview process. We understand that you want to hire an agent because you feel bad for them, but if you do, you’ll regret it later.
6. Not a marketing whiz
As a seller, you need a real estate agent with strong marketing skills. You need to attract the right buyers, so it’s important to work with an agent who is familiar with marketing tactics. Attracting potential buyers isn’t as simple as putting up a sign in front of the property and posting a picture on their website. Before hiring an agent, ask them what their marketing plan is for your home. They must have a proven strategy and a perfected system. In addition, they must have modern marketing skills.
Some real estate agents have been in business for a long time but they forget to adapt to the new world, so they cannot compete with the new generations of agents. To know if your agent is up to the task, you need to find out about their online presence. Check out their website and social media pages. If they are active on social media and have a large following, that’s a good sign.
7. Don’t ask questions
If your real estate agent never asks you questions, that’s a red flag. Never asking questions is a sign of lack of interest, which also means they won’t help you. Imagine you attend a visit with an agent who lets you explore the house on your own without saying anything. A real estate agent who really wants to help you will start by asking you questions to get to know you and what type of home best suits your needs. They will give you advice on how well a property meets your needs when recommending properties to display and during visits. They know the basics of construction and should be able to tell you a bit about the history of the house.
We all want to go through the complicated process of buying a home with a champion by our side. But not all of us are lucky enough to find the right one quickly. So if a lot of these signs sound too familiar to you, it’s probably time to break up with your real estate agent.
Now that you know the warning signs of a bad agent, here’s how you can find the best real estate agent for your property.