About Me

Understanding Real Estate Issues About a year ago, I began thinking about unloading my existing property and getting a new house. Unfortunately, I wasn't really sure where to start, so I turned to a friend of mine who specialized in real estate. They walked me through the entire process of selling a house and investing in a new one, and I was really impressed with how much of a difference they made in my process. I began working hard to get things taken care of, and within a few months I was able to completely transform my finances with the sale of my home.




3 Reasons to Hire a Listing Agent You Don't Know

When the time comes to sell your home, your first priority is to hire a listing agent to oversee the selling process. For some people, it may be tempting to hire an agent whom they know—perhaps you have a sibling or a friend who works as a real estate agent. There can be numerous advantages to hiring an agent you know, but you shouldn't automatically pursue this idea.

While hiring an agent who is unknown to know might seem like a little more work, you may end up preferring your choice in the long run. Here are three reasons to hire a listing agent you don't know when looking for homes for sale.

You Don't Have to Worry About Being Assertive

While your listing agent is the expert, you should always feel empowered to be assertive with your real estate agent. For example, your agent will often ask you about decisions that need to be made, and you'll need to come up with a direction to follow and make your agent aware of how you feel.

For some people, it can be difficult to be assertive with a family member or friend. If your agent is an older sibling who perhaps has more of a dominant personality than you, you may struggle with saying what you want. When you don't know the agent, you'll often find that it's easier to be assertive.

Conflicts Won't Have Negative Repercussions

There can occasionally be disagreements between listing agents and their clients. For example, a listing agent may suggest that the client lists the home at a certain price based on extensive market research, but the client may feel as though his or her home is worth more. The agent must defer to the client, even if the client isn't right — and if the home struggles to sell because of the client's incorrect listing price, conflicts between the agent and client may develop. You don't want the process of selling your home to affect your relationship with someone close to you, making it better to hire an agent you don't know.

You Won't Have to Divulge the Relationship

When a listing agent has a personal relationship with the seller, he or she must divulge this information on the listing. Doing so isn't necessarily detrimental, but some buyers may naturally be suspicious and perhaps assume that the agent has a vested interest in selling the property at a specific price point. Unfortunately, this can occasionally scare away some prospective buyers, and this may result in it taking longer than necessary to sell your home. Of course, there's nothing that you need to divulge when you and your listing agent don't have a personal relationship.