If you aim to buy or sell a property, a real estate agency plays an important role in ensuring the transaction is aligned and smooth. With the help of a professional, you can avoid many significant errors that you can make during a property deal.
Choosing the wrong agent to buy or sell your home can be a regrettable decision. To ensure you are appointing the best San Jose real estate agent, ensure you are not making these mistakes.
- Choosing an Expert who Agrees with Your Valuation Estimate
One of the major mistakes people make is choosing a real estate agent depending not on their track record but because they align with the valuation of your real estate property in San Jose. Trusting their expertise and learning about the valuation approach is important. Agents have access to many resources for this purpose. It is better to rely on their acquired insight and experience instead of searching for an agent who just affirms your valuation.
- Selecting an Agent Based on an Online Ad or Social Media Profile
There are agents who have thousands of followers on their social media profiles. This can compel you to hire them. But you should think again. Expert knowledge and entertainment are two different things. You need to keep in mind that social media profiles must not be taken as a testimony of their experience.
Similar is the case with attractive online ads in your feed for a real estate expert. Ask around and do your homework. If you have shortlisted candidates, find out if they have testimonials to back their performance.
- Choosing Someone Who Promises the Highest Price
Simply because a real estate expert listed your property at the highest price, does not mean it is going to sell for that much. Overpriced listing is going to do you more harm than good. It can scare away potential buyers by putting the property out of their range. Moreover, overpriced properties can stand on the market for a longer time. It adds to their days on the market, and it indicates a possible red flag to the buyers. So, eventually, you have to lower the price. If residential real estate agents San Jose is suggesting the highest price, ask how they figured out such a high price. Also, find out the similar properties in the neighborhood that have sold recently and at what price.
- Selecting One with the Lowest Fees
Every real estate agent provides a unique mix of expertise, services, strategies, abilities, and methods. These influence their fees and choosing the least expensive professional does not guarantee the best value. It is a sign that you should investigate further. Moreover, lower fees indicate that an expert lacks good negotiating skills. To avoid this mistake, evaluate the potential agents by suggesting a fee reduction and noticing their reaction. If they lower their rates significantly, it is highly likely that they lack the necessary knowledge and skills required.
- Choosing a Part-Time Real Estate Agent
Selling a home can take consider effort and time. Thus, you need an expert who will go all out to market, communicate, organize showings, handle the paperwork, and get the job done. Anyone working part-time won’t have the resource of time needed to take care of the legal, marketing, and monetary tasks related to negotiation, promotion, and closing your deal.
- Picking an Agent that Ignores References
One of the frequent mistakes made during the selection of a real estate expert involves not inquiring about testimonials and references from past clients. Ask real estate agents for this information, as it is a reliable way to asses their success rate and professionalism. When you are reaching out to a real estate agency, make sure they are offering multiple testimonials and references.
Choosing the right real estate agent will influence the success rate of your property buying and selling experience.
