Signs Of A Bad Real Estate Agent

Even though there are many savvy and experienced real estate agents out there that can help you

, the home seller, achieve a faster sale and a better deal every time, not all realty brokers are professional geniuses. What's more, the feeble state of "post-crisis" America's real estate industry has made it imperative for homeowners to find agents that can go the extra mile on their behalf. You should not settle for anything less than the best realtors available, especially since the realty domain has become quite difficult for the novice home seller to cope with.

Nevertheless, being able to tell if an agent is doing everything he can to get your home sold or is simply "going through the motions" of a typical real estate transaction is easier said than done. In order to become an expert at ascertaining the competency level and dedication of your realty professional, you need to consider the following issues. These were compiled from a multitude of industry experts, and they serve as indicators on whether or not an agent is a hundred percent committed to your cause.

Communication Blues: Communication is an important factor in any relationship, even a strictly business one between a realtor and a home seller. If there's a lack of mutual understanding and meaningful dialogue between the two parties, their relationship will simply not work. As such, if your agent disappears without prior notice for weeks on end or if your phone calls to him aren't returned in a timely manner, then you should probably hire someone better.

There are brokers who'll block out a certain time period-for example, between four to five in the afternoon-in which to return all of their messages and phone calls for that day. Critics of the practice believe that doing so is nonsensical, because sellers or buyers are severely disadvantaged by that setup; that is, if they want to talk to the agent at eight in the evening, they'll have to wait a whole day before they'll get their answers.

Lack of Advice: Obviously, timely and useful recommendations from a real estate agent can serve as a wonderful boon to any homeowner, even for the really experienced ones who have already undergone several real estate transactions. However, if your designated realtor is a bit sparse with his advice, it could be a signal that he's not fully absorbed with his job. A silent, impassive, and apathetic agent is not exactly the path to gaining success in today's sluggish home sale market.

Realtors aren't shy people, or at least they aren't supposed to be. If a broker keeps mum on his suggestions and advice (for example, if he doesn't advise you to reduce your home's clutter or fix your drippy faucets), then they'll probably just put your property in the Multiple Listing Service (MLS) and be done with it. They'll be as much help to you as a "For Sale" sign on your front lawn, truth be told.

Insistence on affiliates: Beware of agents who insist on clients' usage of a specific affiliate or lending company for a given deal. This eventuality should trigger your alarm bells on a lackadaisical broker, because more often than not, affiliate dependence means they'll get a piece of the profit pie in terms of referral fees. To be frank, you shouldn't be forced to use just one financial institution when doing your deals because that gives you more freedom in getting a better deal.

by: Beverly Manago

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