7. Listing Your Home With a Friend Or Relative:

Although it sounds like a good idea at first, mixing money and family is bad karma and trying to make a friend or relative happy could make you miserable and you could be leaving thousands of dollars at the table. 

Studies show that being to personally close to the property could mean that your home will sell slowly and for less money than it otherwise would.

8. Not Interviewing Other Agents

(… or Failing to Do Proper Research):

Not all real estate agents are the same.  If you decide to seek the help of an agent when selling or buying your next home, you’ll need to gather some crucial information before you make any moves. 

Ironically, people will drive around town for days comparing different dealerships prices in hopes of saving a buck when they buy a new car and it defies common sense how people will often foolishly choose the first Realtor they come in contact with to represent them.

Understand that picking the right agent is the single biggest decision that you can make and that you have total control over.

There are very specific and powerful questions you should be asking to make sure you get the best person working for you to help you with all of your needs.  Heck, some agents may prefer that you don’t ask any questions because the knowledge you gain from the answers will give you a good idea of what you can expect to get out of that person. 

And, let’s face it – in real estate as in life – not all things are created equal. 

Hiring a real estate agent is just like any other hiring process – with you on the bosses side of the desk.  It’s critical that you make the right decision on who will handle what will probably be the biggest financial purchase you’ll ever make.

(…to be continued)