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Listing Is A Position Of Control...Hiring The Wrong Agent Will Cost $$

By
Services for Real Estate Pros with RE/MAX Executive Realty - Happily Retired 104763

We are listing agents, and we represent the seller.  Listing agents are in a position of control.  We can control showings; we can control the pace of negotiating; we can buy time; and we can make or break a deal.

The listing side of the transaction is directed and coordinated by the listing agent.  Sellers should be very thorough in their interviewing process before they make their final decision to hire a representative. 

That listing agent will be fully responsible for every step of the marketing process.  The listing agent’s attitude will determine how accommodating that agent is and how often that agent avails him/herself to assist buyer agents. 

The wrong decision in selecting a listing agent will result in the seller losing money; not receiving potential transactions that should have been consummated; and casting a question of unwarranted suspicion on the part of the seller by the buyer’s agent and the buyer. 

The listing agent is the agent who can make or break a deal.  It’s a position that demands honesty and respect from buyer agents.  Without that honorable reputation, the seller will be compromised. 

Interviewing for a listing agent should be taken seriously; the proper questions asked; and references should be requested.  Making the wrong selection will cost the seller money.

Posted by

 

 

Barbara Todaro, Great Grandmother to Caleb, Santino, Aiden and Gianni       

Todaro Team - Retired

508-918-9148

               

             Copyright © 2009 - 2021 Barbara Todaro

                               All Rights Reserved



 

Comments(14)

Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Hi Barbara - so true.. sellers should choose their agents wisely and after deliberation... Choosing the Kuney- Todaro Team is a no brainer.

Sep 30, 2012 08:28 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

I respect listing agents for bringing properties to market SO I CAN SELL THEM.

Sep 30, 2012 08:35 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Gay..... all sellers should choose wisely.... thanks

Lenn.... the right listing agent will accommodate you so YOU CAN SELL THE PROPERTIES..... others will not.

Sep 30, 2012 08:49 AM
Michael Blue
Home Smart Realty West - Encinitas, CA
REALTOR - 760-889-8877, Encinitas/Carlsbad
Not everybody should be a listing agent! There is this skill and experience needed to guide the process to the best outcome for the seller. I don't have my list in front of me but there's 50 things to do when you take a listing. The follow up with fellow agents and the owner To the negotiations on the deal, It's a lot of work and expertise that Many agents just shortcut.
Sep 30, 2012 09:03 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Michael....I'd say most agents short cut.... they do the major points and what's absolutely necessary.....many will not accommodate buyer agents.... they are looking for the slam dunk....

Sep 30, 2012 09:14 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Barbara, my business has turned to more of a listing agent, and with the short sales more investors call to check on upcoming inventory. Our first responsibility is still to get the best deal possible for the sellers, period.

Sep 30, 2012 12:46 PM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

I love being a listing agent, that being said, it is important that we know what we are doing!  Great post!

Sep 30, 2012 12:49 PM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

So true - The seller's success begins with an agent's honest price recommendation and then goes on from there, all depending upon how that agent conducts business.

Sep 30, 2012 03:59 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Barbara. Bravo. I am amazed by how little time and thought is given by sellers to hiring the right agent. Nicely stated.

Sep 30, 2012 06:53 PM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Barbara, it is so interesting when a seller will stay with an agent that just sticks a sign in the yard and purports to put in everywhere on their 'national brand web site'...how is that marketing and doing what needs to be done locally?  I just went through this with an expired listing...the choices sellers make makes the decision for them in how their life moves on!

Sep 30, 2012 08:58 PM
Kathryn Maguire
GreatNorfolkHomes.com (757) 560-0881 - Chesapeake, VA
Serving Chesapeake, Norfolk, VA Beach

And looking at what they are doing for their current listings might give a seller a window into the agent's skills.  MLS photos, how their home is marketed online, etc.  It can make all the difference!

Sep 30, 2012 09:03 PM
Kathy Sheehan
Bay Equity, LLC 770-634-4021 - Atlanta, GA
Senior Loan Officer

The right agent makes all of the difference in getting the property sold.

Sep 30, 2012 09:46 PM
Karen Feltman
Cedar Rapids/Iowa City, IA KW Legacy Group - Cedar Rapids, IA
Relocation Specialist in Cedar Rapids, Iowa
I think that most homeowners truly believe that all agents are the same. Many shop strictly based on the amount of commission. It is a sad state where you truly get what you pay for when you choose an agent based on only the commission. In a buyers market, you need an agent that knows how to get your property in front of the buyers....the MLS alone may not do that with all the other competition.
Sep 30, 2012 11:33 PM
Mike&Marie Edwards
Estes Village properties & Plains Real Estate in Greely/Windsor - Fort Collins, CO
"We Bring You Home To Colorado"

Hi Barbara, we agree. Choosing the right agent from the beginning is important.

Oct 04, 2012 08:56 AM