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Saturday, October 17, 2009

When Should You Fire Your Real Estate Agent?

Lately several couples I know have been trying to purchase real estate, and it seems that none of them are too happy with their real estate agents. Some of them have been working with their agents for months without any positive outcome. The fact is that some of these poorly performing agents should have been fired long ago. Here are some signs that you should fire your real estate agent.

1. You know the agent is being unethical.

One person reported that his agent sent multiple buyers to the same houses, and subtlely encouraged the buyers to bid against each other. This agent is basically pitting his own clients against each other and that is not in the interest of any of the clients. If you suspect your agent of being unethical then it is probably best to cut off that relationship because these agents could bring you more trouble down the road.

2. The agent seems to have no basic knowledge of the local real estate market.

A good buyer's agent should know the general condition and trends of the real estate market he or she works in and provide some advice to buyers as to how much money to ... Read the entire article.

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