My agent does not do the job full time, my house is looked at consistently but no offers, Its been for sale 8 months. I really need to sell.
Yes, you may need a new agent, however, if your home has been on the market for 8 months and you haven't had any offers, then you probably need to lower your price. You may want to get the price you originally agreed on, but unfortunately, housing prices have dropped from 8 months ago. Without seeing your house or knowing Summerville, it is hard to say what could be some other reasons. Also, you may want to find a similar house to yours and see what that seller is selling it for. Maybe a the house down the street has a remodeled kitchen and bathroom and yours doesn't. Is the house for sale down the street similar to yours yet asking 20% less? If that is the case, then you are selling your neighbors house and not your own. I wish you luck. Remember you don't want to be chasing the market, you want to be in the market. A good agent can help you with that.
LA,
when I read your question the first thing which came to my mind was hat you have a serious concern about the process of selling and the progress of your transaction. It is obvious that there is a lack of communication between you and your agent.
As a Realtor practicing in Oklahoma I don't know what market conditions are in Summerville and what steps you and your agent have taken to market the property. So as you see it is hard to judge what is happening...
Well, you have a choice: talk to your agent and ask a lot of questions about the marketing plan. I am a consumer also, I would definitely try to address all of my concerns, get answers to my questions and based on that I would make a decision quickly!!! You know selling a house is a business and it applies to you and your selling agent. You can guess the other choice if the answers would not solve any doubts and worries in your mind...
Good luck...
Bo in Yukon, OK
Dear LA:
The previous responders have given you some excellent information. Call your agent, and request a "sit-down" conversation to discuss the issues. Ask your agent specifically what they are doing to get your home sold, and what they would suggest doing differently. (You know the old saying - keep doing what you're doing and you'll keep getting what you're getting.) Ask your agent what YOU need to do to facilitate getting the house sold. In today's market, homebuyers start their home search on the internet; what is your agent doing to give your home a strong internet presence? Does your agent follow up with the families that look at your home to see what it would take to get an offer? Does your agent share that information with you?
Talk with your agent and see if you can resolve the issues. If, after your discussion, you believe the agent is not able to do the job, and you are able to terminate the listing contract without negative consequences to you, then you should begin INTERVIEWING agents for the job. Ask them the same questions as above. Ask them what their results have been in this economy. Ask them what they would do differently to get your home sold.
Get your home completely ready to sell. Is it neat, clean, "de-cluttered", in good repair? Are there some things that prospective buyers have noted that need to be fixed? Is your home well-staged to show its very best? Is the curb appeal inviting buyers in, or encouraging them to call on the sign?
Yes, you can make a difference. Be proactive, and get your home sold! I'll be glad to share some other ideas with you if you'd like to call or email me.
Best of success to you!
I recommend airing your concerns with your agent, and even the broker in charge to see if that could resolve your concerns. If you are getting showings and activity, then it is likely the price may need adjusting.
One thing to keep in mind, a listing agreement is an employment contract. If you are not satisfied with your agent, you can fire them (and they can fire the client)--however, I always think it is best to discuss this with your agent first, to see if it can be resolved.
If not, then you can look to break the agreement--but, as Dave mentioned below, be sure that there isn't anything in the contract you would be liable for--such as any marketing expenses or repairs that you need to reimburse that company for. Good Luck!
First, contact the Broker-in-Charge to discuss the situation with them. Express your concerns and they may have an agent in the office who would be better suited to represent you. If you do break the contract, you need to be sure that you will not held liable for anything that is in your current contract. To find a new agent I would recommend talking with friends and doing research on the internet. You would probably even be able to find some agents to interview that are on Trulia in your area.
Research friends, family, workmates to see who they have used that gets the job done.
Or, go out and pretend you are a buyer and look at properties in the area. You may meet an agent you like that way!
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