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What I would look for when choosing a real estate agent

By
Education & Training with www.reallysold.com

I’ve worked in real estate since I was 15 years old. One of the main reasons I wanted to open my own agency at the age of 21 was that I was aware that not all real estate agents are equal. Some are dreams, some are nightmares and many are in the middle. I get asked all the time – “how do I find a dream agent to sell my home?”, so this is what I’d look for in trying to find my dream agent.

The dream agent shows me the price

An agent who can SHOW me why they’re saying they can sell my home for a certain price. The way they would need to show me would be by showing me what comparable properties had sold within the past 3 – 6 months (I’d want to see addresses, photos and sale prices). Even better if they have personally or at least their company have been responsible for some of these sales.

The nightmare agent tells me the price

I don’t want an agent who:

• Finds out and then tells me the price I want to hear

• Finds out the other agent quoted prices and then quotes a selling price higher to get the business

• Plucks a price out of their head

• Bases their price on properties that are not comparable to mine

The dream agent’s marketing is first rate

I want to look at your website, your property presentations on real estate portals (like realestate.com.au), your brochures, your sign boards, your newspaper advertisements and see:

• Consistency of branding

• Quality

• Readability

• Descriptive eye catching wording

The nightmare agent’s marketing isn’t flexible

I want options and I want to know why you recommend that marketing option for my property, not a one size fits all approach.

The dream agent talks with me

Their presentation is question based and they take time to find out about me and what I’m looking for. They know their stuff, but they find out what areas I’m most concerned about before launching into a recorded message-like presentation.

The nightmare agent talks at me

Their presentation is said at me and they speak more than 80% of the time.

The dream agent is a natural negotiator

I can test this out by asking them to drop their commission (if they don’t negotiate hard for their money, what are they going to do when it comes to negotiating for mine?). I can also test their negotiation skills if I’ve ever bought from them before – did they get top dollar out of me then?

The nightmare agent is a natural regurgitator

The other agent offered you 20% off? Well we can offer you 25%... The other agent said they’d do that? Well I can do better.

The dream agent cares

I can test this out by showing up 10 minutes before one of their scheduled open homes and watching them arrive, set up and conduct the open. I can test it by taking note of any promises they make (they’ll call me Monday, they’ll find that information out by Wednesday) and see if they live up to it.

The nightmare agent talks at me

The nightmare agent screams in at the last minute for an open home, doesn’t tell me their name and doesn’t follow up.

The dream agent has fans

And they’re more than happy to let me know about their fans by showing me testimonials (lots of glowing ones) and by allowing me to contact people they’ve sold houses for in the past month.

The nightmare agent has people fanatically trying to track them down (to complain)

The dream agent remembers me

Long after the sale.

The nightmare agent develops acute amnesia

As soon as they get paid.

Kirsty Dunphey is the youngest ever Australian Telstra Young Business Woman of the Year, author of two books (her latest release is Retired at 27, If I can do it anyone can) and a passionate entrepreneur who started at age 15 and opened her own real estate agency at 21. Currently Kirsty heads up www.reallysold.com the premium online copywriting site for real estate agents and is a co-director of Elephant Property www.elephantproperty.com.au Launceston, Tasmania's only boutique real estate agency purely for investment property owners. Kirsty's other ventures are outlined at her website www.kirstydunphey.com where you can also sign up for her newsletter.

Mary PAUL, ABR, CRS,GRI, e-PRO,
RE/MAX Advantage Realtors, Searcy, AR - Searcy, AR

Great post!

I can't imagine a listing agent not taking comps with them to the listing.  That is the only way you can arrive at a fair price. 

Mar 05, 2009 12:34 AM
Kathleen Frawley
Keller Williams 916 730-4404 Elk Grove, Wilton, Folsom, Sacramento - Wilton, CA
South County Sacramento, 916 730 4404

OK sign me up for the dream agent, I don't like the sound of that other guy.  thanks for the post.

Mar 06, 2009 04:37 PM