What’s the difference between a good real estate agent and a bad one? When you’re looking for property or even to sell one, it might not be obvious right away. Whether they seem friendly or arrogant at first glance is irrelevant–the only important thing to watch out for are their ethics and whether they happen to have your best interests in mind when acting on behalf of someone else who pays them money.
Trust
Trust is the foundation of all relationships, but especially when it comes to real estate. A fiduciary relationship in this context means that a buyer or seller has signed a contract with an agent and they are legally obligated to represent their best interest at the forefront of any actions taken on behalf of them. Agents have intimate knowledge about your financials and personal information which could be leveraged for their benefit during negotiations such as revealing details to buyers who can use power over you if given more leverage than what was originally agreed upon.
Sadly, some agents have a focus that is purely about money, and while we all work to earn a living, a real estate agent is breaking the law should they fail to act ethically, which is most definitely a sign of a bad Philadelphia real estate agent.
No Answer
Communication is essential to success, especially in real estate sales. Are your calls or questions going unanswered? If so, you can be confident that managing phone calls will be optional with every client and professional the agent encounters. It is not a great leap of the imagination to assume that interested buyers are probably getting no reply to inquiries. This lack of responsiveness is a glaring warning sign of a bad Philadelphia real estate agent, and you would be better off without their assistance. At Philly Home Investor, we keep in touch and are here for you all the way! At Philly Home Investor, we always welcome all of your questions and calls because they help us best guide you.
Unprofessional
While showings can be a real pain, the deafening silence as you wait day by day for the right buyer can be excruciating, especially as days turn into months. Are there excuses for why your listing isn’t getting any action, even when your agent has charged you exorbitant marketing fees for photographers and staging as a part of your contract? It is much more likely you are dealing with disorganization or complete apathy about essential business matters. Showing up late to meetings, failing to follow through on marketing your listing, or missing important deadlines can be extremely costly and is an enormous sign of a bad Philadelphia real estate agent.
Methods and Means
Your real estate agent shouldn’t leave you to feel as if you are handling your real estate deal all alone when you agreed to a real estate agent to represent you. It takes dedication, time, and expertise, and an expense account for a pro to coordinate everything it takes to sell what is most likely your most valuable asset, your home. Either the agent is irresponsible or lacks the training and most up-to-date technical applications or the financial means to do their job correctly; this is another sign of a bad Philadelphia real estate agent.
Worst yet you get locked into a long-term contract with a new real estate agent. That can be the worst situation ever!
Misleading
SOME agents are driven by greed and just after the commission. They do not care about the client or if your needs are met and may present themselves as having specialized in the market of higher-end properties. They may even have properties of other agents showing in their ads to mislead sellers and get a listing. These real estate agents will likely also embellish the number of years they have been agents leading you to believe they have years more experience than, in reality, is one sign of a bad Philadelphia real estate agent. They may also say that they have handled plenty of listings. It is easy to check how many listings they currently have and what sites they are on and verify their background, just as you would when hiring any professional.
Why not avoid learning these and other signs of a bad Philadelphia real estate agent for yourself?
Philly Home Investor does not charge commissions. It is our driving passion at Philly Home Investor to find real solutions for your problems. We always put you first! Our goal is to help you meet your immediate financial needs while helping you earn the highest profits from the sale. Whether the best sales method for you is a traditional listing or direct sale to Philly Home Investor, based on your circumstances. We will lay everything out from each method to help you make the best decision. And what we offer is what you receive because we don’t have any hidden fees to surprise you with at closings, either. At Philly Home Investor, we pay cash and will close when it’s convenient for you. You can rely on the experienced licensed professional buyers at Philly Home Investor. Send us a message or call Philly Home Investor at (215) 422-3288 today to learn more.