As with every profession, while not typical, there are always a few rotten eggs. So it is worth taking the time to understand who you’re dealing with before signing a contract. Next, we will explore five things you should watch out for when hiring a Memphis real estate agent to help you sell your house.
First, you should be aware of agents representing themselves as more experienced than they are when hiring a Memphis real estate agent. They may also have others listings on their website to add a sense of legitimacy to their claims. You can verify the listing agent on any Memphis property with a bit of effort. While you can’t access the MLS, researching the area of the property online, in general, should pull up local listings and contact information.
Misleading Asking Price
Advising you of a misleading listing price is something else to watch for when hiring a Memphis real estate agent. For example, to get you excited about hiring them, an agent may advise you of an asking price that is too high. Then as the weeks pass, they’ll suggest lowering the listing price while they still earn a tidy commission. Because the longer a listing is on the market, the lower the final sales price, lost time will hurt you financially.
Taking the Lead
Another thing you should pay attention to when hiring a Memphis real estate agent you’re hiring them for their expertise and guidance to sell your home. If your gut tells you that you have made the wrong choice in agents, you likely have if you’ve been left on your own to take the lead and ensure your house sells. Should you find yourself in this situation, your real estate agent may lack finances, training, or simply be irresponsible.
You should also watch out for an agent revealing private information about previous clients or other agents during your initial interview when hiring a Memphis real estate agent to help you sell your house. Suppose they are disclosing too much about others. In that case, they just may break the confidences that you’ve shared during negotiations to benefit themselves, despite the negative effect it may have on your final sales price.
You should also pay attention to feeling pressured to make any decisions when hiring a Memphis real estate agent to help you sell your house. If they tend to make you feel somewhat uncomfortable or even seem to cross the line into rudeness, you may want to interview another agent. When an agent attempts to manipulate you or force your actions, which seem to be more in their interest, you witness the signs of a pushy agent.
Isn’t it nice to know there’s another option to sell your Memphis house!
Memphis Investment Houses, LLC offers the closing in as little as seven days, or a later date if that’s better for you, with no commissions, closing costs, or hidden fees to come off the top. At Memphis Investment Houses, LLC, our contracts are straightforward with no surprises, we buy houses as-is, so you won’t have to spend a dime to sell your home. The professionals at Memphis Investment Houses, LLC will advise you of the current market value on the MLS along with the expenses you’d face when listing, alongside our fair cash offer, total transparency on how we reach our numbers, letting you make an educated decision for yourself.
The experienced professionals at Memphis Investment Houses, LLC can help you avoid the pitfalls of hiring a Memphis real estate agent and recognize the red flags to watch out for when selling your house. Call Memphis Investment Houses, LLC at (901) 443-4660 or send us a message to learn more.