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    Don't Believe These 5 Myths About Real Estate Agents

    2 years 9 months ago I 0 minutes read I 57 Views

    Gary Stringer
    <p>&nbsp;</p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">Are you a first-time <a href="https://yourdealty.com/buy">buyer</a> or <a href="https://yourdealty.com/seller/add-new-property">seller</a> trying to navigate the real estate market? Because your aunt Maurice and uncle John went through this process 5 years ago, you will undoubtedly seek advice and guidance from them. You may involve family or friends who appear to be experts on the subject when, in reality, they are all armchair experts.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">You'll want to go into this thrilling experience with as much information as possible. You will find tons of information on the web and <a href="https://www.facebook.com/">social media</a> but as they say, not everything you see or hear is true.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">Misconceptions and inaccurate information is a lethal combination. Here are a few myths about real estate agents that you need to know.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <h2 style="text-align: justify;"><span style="font-family: verdana, geneva, sans-serif;"><strong><u><span lang="EN-US" style="font-size: 14pt; color: black;">It&rsquo;s Not Necessary To Hire A Real Estate Agent:</span></u></strong></span></h2>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">We all know that the internet has rapidly taken over all aspects of life in recent years. Homeowners have <a href="https://fsbo.com/">FSBO</a> to sell their homes. While buyers have websites likes Zillow and Trulia to look for properties online. But that does not deduce that real estate agents are not required.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">To avoid information overload and make sure you get accurate information. You must hire an agent. Your agent has worked in your desired neighborhood for the past 15 years, which means he has the market knowledge, valuable legal knowledge, and experience needed to make informed real estate decisions. There is no substitute for experience.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <h2 style="text-align: justify;"><span style="font-family: verdana, geneva, sans-serif;"><strong><u><span lang="EN-US" style="font-size: 14pt; color: black;">Agents Get A 6% Commission:</span></u></strong></span></h2>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">Agents would be lucky if they get a commission of 6% but that&rsquo;s not true. Many people believe that agents pocket the whole commission.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">Real estate agents put in a lot of effort to help you sell your house for the asking price and work hard to find a home that meets your needs and desires. Meanwhile, buyers and sellers have a thought nagging in the back of their minds that you have to pay a commission. What sellers don&rsquo;t know is that the 6% commission you pay gets divided into 4 parts; 2 brokerages and 2 agents.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <h2 style="text-align: justify;"><span style="font-family: verdana, geneva, sans-serif;"><strong><u><span lang="EN-US" style="font-size: 14pt; color: black;">Once You Start With An Agent You Cannot Switch:</span></u></strong></span></h2>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">You don't have to be concerned if you're a buyer because contracts are rarely signed by buyers. Buyer's agents, on the other hand, work for free until their clients find a home. It can take as little as a month or as long as a year or more. In some cases, buyers don&rsquo;t purchase a home and the agent doesn&rsquo;t get paid either. However, if you are selling your home and it isn't selling, it&rsquo;s natural to get frustrated with your agent. The real estate agent will not agree to cancel the contract because they usually spend hundreds of dollars advertising the home.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">The first step is to talk to your <a href="https://yourdealty.com/resources?tab=agent">agent</a> about your issues and see if they're willing to break the contract. You can request to release you from the agreement early. If that isn't an option, then speak with the agent's manager and request to work with another agent.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <h2 style="text-align: justify;"><span style="font-family: verdana, geneva, sans-serif;"><strong><u><span lang="EN-US" style="font-size: 14pt; color: black;">All Agents Are The Same:</span></u></strong></span></h2>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">Many people believe in the myth that all the agents are cut from the same cloth. But this is not what it takes to be an agent.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">Would you prefer an agent with ten years of experience who is visiting your town for the first time or one who has lived and worked in your town for the past five years? An agent who is well-versed in current market trends would be the best match for you. Choose your agent carefully to save time and money.</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <h2 style="text-align: justify;"><span style="font-family: verdana, geneva, sans-serif;"><strong><u><span lang="EN-US" style="font-size: 14pt; color: black;">The More You Pay For The House, The More The Agent Makes:</span></u></strong></span></h2>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">Your agent's commission has nothing to do with the sale price of your house. Your real estate agent's fee is a small percentage of the sale price of your house. To the agent, the difference between $450,000 and $440,000 is just $150. Do you think that's something worth considering?</span></p>
    <p><span style="font-family: verdana, geneva, sans-serif;"> </span></p>
    <p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="font-family: verdana, geneva, sans-serif;">It&rsquo;s a misunderstanding among people that every penny you pay for the <a href="https://yourdealty.com/">house</a>, makes the agent more money.</span></p>
    <p>&nbsp;</p>
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    Gary Stringer

    Contributer

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