This entry was posted on Thursday, August 23rd, 2007 at 10:05 am and is filed under Agents & Brokers, Home Buying, Buy and Sell for Less. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Site Search:
August 23, 2007
Make your Agent EARN their Commission
Most agents are desperate for clients, and will happily agree to scan the MLS and let you know when they find a deal. Be careful to explain to the agent specifically what you’re looking for, but avoid giving a price window. Saying a maximum price may tempt your agent to simply find the first home in that price range and pressure you to purchase, wasting everyone’s time.
I have personally struggled in past before I became an agent to find another real estate agent who could competently pass on the deals to me. I recall one agent who I asked to keep their eyes open over the next year or two and let me know if any deals ever came up. First thing the next morning I got a call from that same agent telling me that, surprise surprise, he had found a half million dollar home that was perfect for me as an investment. (half a million was a fortune in Utah at the time for a home). Sadly, the home was a complete waste of money, and the agent proved useless.
Finding a good real estate agent in Utah can be tough, as well as in any other part of the nation. But if you succeed, you’ll have an employee essentially scanning the MLS and bringing you the best deals in the market, which do exist.
read comments (0)