Sellers Beware and Be Aware Of Listing Agents

By
Services for Real Estate Pros with Ward County Notary Services

Minot Real Estate

Let's assume you have decided to list your home for one reason... to SELL it!

For Sale by National Marketing RealtorsNext step: Find a Real Estate Agent.

How do you determine which Real Estate Agent is going to help you accomplish your goal ... to SELL it!

WomanRedSwimSuitDo you sign a contract with the hottest looking agent in town? Of course you do if you are a single young man who's hormones are running amok and you've lost sight of your goal ... to SELL it!

Do you list with a relative? It's hard to argue with this one even is your brother only sells a house every 2 years because you want to keep peace in the family but again, is your goal ... to SELL it?

BigDogLittleDogWouldn't the BIG dog be better than the little dog? Well it depends on what measuring stick you are using. With every Minot Realtor being part of the MLS (Multiple Listing Service) every Realtor has access to every home for sale in Minot so actually there is NO advantage to a large firm over a small firm, in fact some of the large firms have a habit of keeping new listings in house for a week or two before putting it on the MLS which gives YOU a disadvantage because they are putting their own desire to make a profit over yours by trying to collect both sides of the commission.

Another note about the BIG agency, you may have 30 or more agents under one roof but that doesn't mean they "play well together". I worked in a bigger firm and all was far from piece and harmony. For some agents, selling the property listed by the agent on the other side of the cubical would be the last thing they would willingly do.

Do you list it with the agent who says they will get you the most money for your house? That's an old, old trick and unfortunately playing on ones GREED often works but it is usually a BIG FAT LIE just to get you to sign a contract with them. If you really want to know what your house is worth pay to have a professional appraisal done. You may not like the results and get all steamed up but they are going to be more accurate than that number you think it's worth.

Is age important, NO. I know many older agents that are far more tech savey than younger agents. Most older agents that are tech savey know more about SEO than younger agents as well when it comes to getting Real Estate listings noticed.

 So just what do you look for in an agent if your goal really is ... to SELL it?

Do a little research. Don't be afraid it "interview" more than one agent. It's OK to JUDGE the agent by their responces. A new agent may not have a track record but you can tell if they are genuine with their answers to you. If an agent doesn't interact well to you why would he/she interact well with buyers and other agents? Do their values line up with yours? That may seem like an odd question but if they suggest "tricks" to entice buyers do you really want someone with a bag of tricks?

I conclude with let your concious be your guide. Don't overlook something that doesn't sit quite right with you. Ask questions, understand that no agent knows everything, make an informed choice, and do not choose a Realtor that your spouse is uncomfortable with.

Minot Realtor

Posted by

WARD COUNTY NOTARY SERVICES

ROBERT L. TIMM, OWNER

201 Main Street South, Suite 116

 Minot North Dakota 58701

Bob Timm,  Facebook

Call or text 701-720-8513

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Ambassador
1,769,785
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

You have a good point Bob, it is not easy finding the right agent and setting yourself apart from the rest.

Jun 25, 2016 10:06 AM #1
Rainmaker
3,980,831
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Many ties it is a gut decsion of the seller that should and does win out.

Jun 25, 2016 10:10 AM #2
Ambassador
2,188,872
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Bob. This is great advice for sellers. I have also offered this advice to sellers...interview the agent. After all they will be working for you. And like Scott Godzyk always says...bigger is not always better. 

Jun 25, 2016 10:12 AM #3
Rainmaker
576,879
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I agree with you Bob... the biggest broker is not always the best.. and I totally agree with you that some older agents know a lot more than younger ones do about SEO and social media and I happen to be one of them!  Interviewing more than one agent is a smart thing to do... Choose one you feel comfortable with and is not going to tell you what you want to hear, but what you need to hear.   Also get referrals from past clients..

Jun 25, 2016 10:35 AM #4
Rainmaker
1,523,587
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

That is great advice Bob, many times people choose an agent without putting much thought into the process.

Jun 25, 2016 12:15 PM #5
Rainmaker
1,529,928
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

I like that you mention choosing someone your spouse is comfortable with. Both husband and wife need to trust the agent they choose. 

Jun 25, 2016 02:03 PM #6
Rainmaker
658,369
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

I've noticed "us" area specialist who are seasoned per say "get" the business. Experience sells my clients 👍🏻

Jun 25, 2016 06:46 PM #7
Rainmaker
5,342,888
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good reading for prospective home sellers.

Have a most productive week.

Jun 25, 2016 08:48 PM #8
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Nice post, Bob. Having been the second or third agent in on many listings, I've learned that people often put more thought into selecting a handbag or shoes than selecting their agent.

Jun 25, 2016 10:06 PM #9
Rainmaker
2,781,355
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

RealMan, you certainly make a great point about the big dogs ... so much deception and ill-perceived notions about the big big brand.  People hire the agent not the brokerage.

Jun 26, 2016 03:49 AM #10
Rainmaker
2,189,557
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

One of the ways I get business is from buyers who want to be aligned with a big brokerage who holds listings in house before on market to give their buyers first shot. I'm not so sure you want to advertise that a competing firm would do that, know what I mean, jelly bean? And what if the hottest agent in town is North Dakota Bob?

Jun 26, 2016 10:19 AM #11
Rainmaker
3,052,031
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Bob "RealMan" Timm "Do you list it with the agent who says they will get you the most money for your house? That's an old, old trick and unfortunately playing on ones GREED often works but it is usually a BIG FAT LIE just to get you to sign a contract with them."  Fully agree!

Right on target - and - reblog!

Jul 03, 2016 01:56 AM #12
Rainmaker
1,535,635
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

All sage advice for potential sellers to consider Bob "RealMan" Timm . Will sellers efver learn? Unfortunately not , because this is a human weakness to want to be on top; ALWAYS!

Jul 03, 2016 02:02 AM #13
Rainmaker
4,400,052
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bob,

You make excellent points here.  However, I think there are lot of top notch big dogs in the business, and some of them work for the big box companies...Regardless of where they work, there are still good agents in every company, and some stars who are wonderful agents.  A

Jul 03, 2016 02:12 AM #14
Rainmaker
797,809
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Bob - Great post, and I couldn't agree more. However, unfortunately many sellers still list with the agent who says they can sell their home the fastest, and for the most money (buying the listing).

Jul 04, 2016 04:59 PM #15
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Bob "RealMan" Timm

Owner of Ward Co. Notary Services, retired Realtor
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