If your home is listed for sale and it just won’t sell, it may not be your real estate agent’s fault–after all, home sales were down more than 40% in August over the same time last year. However, there are many ways to gauge if your agent is doing a good job. Here we look at some of the top signs of a bad real estate agent.
1. Lack of Communication
If you haven’t heard from your real estate agent in a few weeks, it’s time to find a new one. Even if no one has called for a showing of your home, or your agent hasn’t found any homes that meet your requirements as a buyer, he or she should be touching base with you regularly to keep you up to date on the work being done on your behalf. After all, there’s no doubt you’re thinking about your home transaction almost daily–as an agent acting on your behalf, shouldn’t your real estate agent be keeping you in mind?
2. Lack of Leadership
If your real estate agent agrees with you on every point, this is the sign of someone who’s eager to please–not someone who’s committed to doing the best possible job at representing your interests in the real estate market. When it comes to pricing a home for sale, insist that your agent produce the research that was used to arrive at that price. An agent who asks you what you think your home is worth and lists it for that price is a sign of trouble.
Your real estate agent is supposed to be an expert, so look for one who can take the lead and provide you with well-reasoned advice. That said, your agent should also be acting on your behalf, and must take your final word in the end.