Whether you’re buying or selling real estate Lexington ky, you’re going to need a realtor to help you through the process. Choosing a realtor is fraught with pitfalls – pitfalls that can end up costing a lot of your hard-earned money. Avoid making the following mistakes and you’ll be sure to find the right realtor for you:
- Hiring a friend or family member – Maybe your friend or uncle is the best realtor around, maybe not. Is finding out really worth potentially losing that friendship or permanently damaging that relationship? You need to have high standards when hiring a realtor and it’s difficult to be objective when it’s someone you know and love.
- Making an impulsive decision – Even if the realtor’s presentation sounded great and even if you feel like you’re a good judge of character, you still need to do your homework before choosing a realtor. Talk to more than one agent and be sure to ask for references on recent sales.
- Hiring the realtor with the lowest commission – When choosing a realtor, you truly get what you pay for. An agent with a lower commission also has a lower incentive to get your house sold. You want someone who is willing to go the extra mile for you and that is worth every penny.
- Hiring a realtor who tells you what you want to hear – It’s also a fact that when choosing a realtor, if something is too good to be true it usually is. Realtors that quickly agree to any price you name for your house are more interested in buying your listing and less interested in actually getting the price you asked for. If your home is priced too high, it will sit on the market longer and most likely you’ll wind up getting much, much less than what you originally wanted.