Home Selling in Baltimore>Question Details

Firsttimehom…, Home Seller in Baltimore, MD

Our agent is switching brokerage firms and wants us to delist our property and relist with the new. Is there a disadvantage to us to doing this?

Asked by Firsttimehomeseler, Baltimore, MD Tue Sep 22, 2009

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Many good agents switch Brokers during their career to make sure they are with the best company for them and their clients. While you will need to sign a new listing agreement "hiring" the new Broker your MLS marketing should remain the same. The MLS will simply transfer your agents ID to the new company but you can keep your same MLS number and information. At least that is how it was handle three years ago when I moved. Removing the listing and relisting it doesn't change your days on market...that follows the property so I don't ever suggest that as a "strategy".

If you are happy with your agents marketing then you should transfer with them. If you are not happy with your agent you can speak with the previous Broker about being assigned to another agent within the original brokerage. Best of luck for a speedy and profitable sale!
0 votes Reply Flag Link Wed Sep 23, 2009
I would have to agree with Marney. I changed brokerages a few years back and all of the listings I had changed with me. Why, because they had interviewed ME, not my brokerage to get the job done for them.

In most cases, agents are independently employed-the brokerage is only a place to hold the license by law, so it is the agent that gets the job done for a seller. It is their marketing and sales expertise that is needed to get the home sold and make sure that the seller is protected through the entire process.

You hired your agent for a reason, whatever that reason is, has it changed because he now has a different company name on his business card? If you are happy with the service you have received and have a good relationship with your agent, stay with them. They already know everything about your home and situation, why would you want to bring a new person up to speed?

Best wishes on the sale of your home.
0 votes Reply Flag Link Wed Sep 23, 2009
It depends on why you listed with that agent. Is it because of the agent or the company?
Generally people list with an agent, because that is the best person for the job, and the company they work for is not the reason. If that is the case, then this should be good for you. Ensure, though, that your listing agreement with the original brokerage gives you that quick "out" -- I am sure your agent has made sure you are covered -- but make sure to ask him or her about it!
On the plus side, your home will come through the Multiple Listing Service as a brand new listing, and a new sign will go in out front -- which will create a bit of a buzz around your house! New marketing, a fresh start -- all with the agent you trusted in the first place. Sounds like a win-win situation to me!
Good luck to you!
Sincerely,
Marney Kirk
0 votes Reply Flag Link Wed Sep 23, 2009
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