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Home Selling in Villanova : Real Estate Advice

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Mon Apr 16, 2012
Tyler Morrison answered:
Jonathan,

To start off, I love real estate, and the people who surround me. However, the fact of the matter is, just like in any industry, there are the good, and there are the bad; there are the lazy, and there are the motivated. In my personal opinion, the number of listings you have does not matter. I think we can all agree, real estate is a numbers game - the more perspective buyers who walk through a home, the better the odds of selling it; the more listings you have, the better chance of your listings sold percentage will go up. The number of properties one has just adds to the "flashiness" of the agent. Because let's be honest here, everyone wants to look good, especially in real estate.

One thing I always advise consumers to do is to peel back the layers of an agent, like an onion. The second question that every consumer should ask their real estate agent is: How can John/Jane Doe be of the best assistance for me and my needs?

Now watch, there is a huge difference between having no listings and being a bad agent; don't compare apples and oranges.

Many agents are going to hate me for saying this, but:
Each and every consumer should ask for designated agency rather than participating in dual agency, if this case does come up. Would you hire the same lawyer who is prosecuting you to defend you in the court of law? Quite simple - No. So why do this in real estate?

Above, is the most important question that consumers should ask their real estate agent: Will you participate in dual agency? Why? If you are the buyer, the agent will be working for the individual who is paying them, the seller; the higher the sale price, the higher the final commission. If you are the seller, your agent is working with the buyer, negotiating your final sale price lower. Make sense? If not, contact me and I will explain more in depth.

As I stated, it all comes down to peeling back the layers. For more information as to what questions you should pose to your real estate agent, contact me.

Sincerely,
Tyler J. Morrison
Real Estate. Swimming Pools. Investments.
24/7: (484) 533-7111
tmorrison@tylerjmorrison.com
www.tylerjmorrison.com

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