I know that there are a lot of different ideas about how long an agent should list a house for. I personally like to do a three-month max listing agreement. I do three months because it keeps me working hard for the homeowner and makes me perform. Also, I understand that if I can't sell it in three months it will end up costing me too much money to carry the listing.
I hate how some agents will ask for six-twelve month listings and just let them sit hoping that a buyer or buyer's agent will come along. No wonder sellers question what they need an agent for!
Advice for sellers: you need to limit the amount of control that your agent has on how long you list with them. Sometimes you make mistakes on choosing the right agent and if you are stuck with them for six months that could spell disaster. Tell the agent that you are willing to do a three-month listing and then revaluate things after that. If they tell you that six months is company policy, simply thank them for stopping by and send them on their way. You need to find another agent.
A lot of brokers will push their agents to make six-month listing agreements. Don't fall into their trap as it will tie up your property for too long.
In addition to shorter listings terms, I give the sellers or myself the opportunity to get out of the contract with a no questions asked policy. I also offer sellers the opportunity to sell themselves and owe me nothing if they can do it. This gives my clients the freedom to get rid of me if they don't like how I am doing. I also have the same right if I don't like what the seller is doing I can cancel my contract.
For all your Utah real estate needs contact
The Bronson Barber TEAM
801-712-1614
bronsonbarber@gmail.com