Should I listen to my Realtor?
24 Jan 2012 Leave a Comment
Should I listen to my Realtor?
I’ve got to ask this question.
The truth is Realtors are sales people and I believe there is often a sense of skepticism between clients and their agent.
I can understand that but let’s look and see if it is smart to reject their advise just because they are in sales.
First off If you are signed up in a client relationship with a Realtor then they are contractually obligated to a fiduciary duty to work for your best interest.
So right they could be sued if they deliberately did something to influence you to make a poor financial decision.
Realtors also are licensed so they have to meet all state requirements of a sales agent as set by the NH Real Estate Commission under the Secretary of State.
Realtors are held to ethic standards and take required training to keep up on these standards.
They also are required to take continuing education to qualify for their license renewal every 2 years.
These are the minimums but agents will often take hours of additional meetings and classes every month to keep up on the ever changing real estate and home finance markets.
In addition to all of these classes and training agents often work their real estate jobs in a full time capacity and have countless hours of real life experience doing real estate sales and marketing daily.
The average consumer closes on 4 or 5 homes in their lifetime and Your agent probably closes on that many every 6-8 weeks.
It just makes sense to consider the advice of your agent and weigh their plan out carefully before ignoring the advice.
Agents are well aware that buyers and sellers both take advice from well meaning loved ones but the advice may be bad advice even though it is well intended.
I could give you advice on how to tune up a Porsche but you may not get very far as I don’t know beans about Porsches.
Hope your real estate goals all come true and you run with a game plan that is vetted & structured by your real estate agent.
Check out my real estate site at www.dongoudreau.com
