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- SELLER'S
LIBRARY
"Choosing
A Listing Agent"
By Thomas Ervin
Thomas Ervin is a nationally
syndicated real estate columnist.
How should you select a Realtor® to sell
your home? It is an important decision. You may think that it doesn't
matter who you choose as long as they are a member of your local
multiple listing service. This is not true. Your listing agent will have
a major impact on your success. Here are some guidelines:
SUGGESTED ASKING PRICE
Don't go with the "highest bidder." Your decision should NOT
be determined only by the asking price recommended by a particular
agent. There may be no relationship between the person quoting the
highest figure and the person most qualified to market your home. In
fact, this is the most common mistake made by homeowners when selecting
a Realtor®.
PERSONAL RAPPORT
Can you get along with this person? Are you impressed with his or her
personal knowledge and credibility? Remember, you and your Realtor actually become partners while your home is for sale. Each partner must
do their part to have a successful sale. If you're going to choose a
partner, get someone you can work with.
AGENT MARKETING PLAN
What resources will the agent use to sell your home? Success is not an
accident. It is the result of good planning. It is quite rare for a
listing agent to actually sell his or her own listing to a buyer. Most
listings are sold by other agents. So, it is important to find out how
your agent will promote your home to other agents.
RELATIVES & FRIENDS
If you are inclined to list with relatives or friends, ask them the same
questions you would ask any other agent. This will establish a better
business relationship that will hopefully not interfere with your
personal relationship.
(Reprinted with permission from author)
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