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The Biggest Mistake Sellers Make When Hiring a Realtor

One of the biggest mistakes sellers make when hiring a realtor is not thoroughly researching and vetting potential agents before making a decision.

Here are some common pitfalls to avoid:

Choosing the first realtor they meet/or know: It’s important for sellers to interview multiple real estate agents to find the one who best aligns with their needs, goals, and expectations.

Choosing based solely on commission: While commission rates are important, sellers shouldn’t automatically choose the realtor with the lowest commission. It’s essential to consider the value and services the realtor provides for their fee.

Failing to communicate expectations: Clear communication is key in any business relationship. Sellers should clearly communicate their expectations regarding pricing, marketing strategies, timelines, and communication frequency with their realtor.

Not assessing marketing strategies: Each realtor has different marketing strategies to promote a property. Sellers should inquire about the realtor’s marketing plan, including online and offline strategies, professional photography, staging services, and open houses.

Ignoring market knowledge: A good realtor should have a deep understanding of the local market conditions, including recent sales data, trends, and neighborhood dynamics. Sellers should ensure their realtor has this knowledge to accurately price and market their property.

By avoiding these common mistakes and taking the time to carefully select a qualified and compatible real estate agent, sellers can increase their chances of a successful and smooth home selling experience.

What did I miss? Send me an email at maggie@exithgm.com if I missed one you think should be added to this list!

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Maggie Littlefield

Hey there! I'm Maggie and am a dual licensed in WI & IL and absolutely love what I do. I specialize in residential real estate and work with first time sellers, millennial buyers, investors and everything in between. Whether you're looking to purchase your first home, upsize, downsize, or explore investment opportunities, I'd love to help!

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