Buyers/Sellers: Why are you settling for mediocrity?
Your real estate transaction is most likely your largest financial investment.
When hiring representation to assist with your transaction, why aren't you setting your expectations higher? Why are you settling for the first agent that picks up the call from your online search? Would you invest your money with just any money manager you found online or from a random mailer or would you do the research, interview them, check reviews and performance?
Here are some basic guidelines to start:
1) Check vetted reviews. Look for consistency in the reviews for an agent that will meet your expectations.
2) Don't use a family member or friend out of obligation unless that are full time, experienced, local and have a great reputation.
3) Check the validity of awards. If the awards they are touting are fake or purchased marketing tactics, would you want that person to represent you?
4) Most Important: Have a one on one conversation and interview to make sure they are the right fit for you. This is your largest financial transaction and the realtor you partner with will make all the difference between a stress free and lucrative transaction as opposed to stressful and problematic one. If they spend their time knocking others or discounting rather than showing their value you may want to move on to someone else to interview.
5) Understand the difference between disclosed dual agency vs buyer and/or seller representation
6) Know the difference between an exclusive listing agreement and exclusive right to sell. In this market an exclusive listing agreement is really not in your best interest....understand that you are giving up exposure and potential revenue by locking out agents and buyers from across the country. Demand is high, don't sell yourself short
Real life recent example of poor (rather non existent) buyer representation: A home listed has many showings and an Open House. The listing agent does their job for the seller by sending an email to all that attended the Open House and to agents that showed the house to advise them of a deadline for a highest and best. 9 hours after the highest and best deadline, the listing agent receives an email with an offer and preapproval letter attached. Nothing in the body of the email, just the agent signature and the attachment, no text or phone call to represent the offer, to represent the client, to confirm it was received or to advise it was coming. Do you think the buyer is aware of how their offer was presented? As a buyer wouldn't you expect your agent to make a better effort to communicate on your behalf? Don't you deserve better? You should expect an advocate , especially now
Being an experienced, dedicated, full time realtor with an excellent reputation, I feel it is my obligation to educate the public to set higher expectations and standards. No matter where you live or wish to live in the United States, I can help you find the perfect agent for your needs. If you are from New Jersey, call me in for an interview. I am happy to answer any questions you have...honestly.
Don't settle for mediocrity, you deserve better.
Who you choose to work with matters.
For questions and comments contact me at ro@roseannokeefe.com or 908 720 9205
Roseannokeefe.com