3 signs you should fire your real estate agent

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This is when it is beneficial to give your agent an ax.

Are you buying a home, selling a home, or trying to do both at the same time, working with real estate agent can make the process much smoother. Plus if you selling a houseUsing a real estate agent can help you get a better sale price.

While you may think you have found the right agent, you may also find that over time you are unhappy with the arrangement you made. Here are some clear signs that it’s time to give your real estate agent a shot.

1. Your house is not for sale

Homes sell quickly in today’s housing market, so if your home has been on the market for several months with little buyer’s interest, it’s a sign that your real estate agent may have done something wrong. Your agent may have given your home a high rating or not promoted it well enough. In any case, if there is no movement in the sale of your home, consider cutting ties.

However, when you decide to work with a real estate agent, you usually sign a contract that gives the agent a certain amount of time to sell your home. If you try to let your agent go early, you may be breaking the contract. However, your agent may also want to leave. If something doesn’t work out, it’s worth talking about it. (When you buy a home, you don’t pay the agent a commission, so there is generally no penalty for firing an agent if you don’t sell.)

2. Your agent doesn’t communicate well

One important thing to look out for in a real estate agency is quality service. If you find it difficult to reach your agent, or he or she does not answer your calls or emails on time, it might be time to work with someone who communicates better.

3. Your agent pushes you out of your financial comfort zone.

If a real estate agent helps you buy, that agent must listen to what you are looking for and must respect the budget that you present. So if your agent keeps trying to get you to bid above the upper end of your price range, that is a sign that you should move on. Remember: you have to pay mortgage the more expensive house is not your agent. If you are forced to climb over your head, you should leave.

Buying or selling a home can be stressful in itself. Throw in the wrong real estate agent and the process can be even more tedious. If you’re worried about picking the wrong agent despite doing your homework, feel free to cut ties as long as it doesn’t violate your contract. You will gain little from working with a real estate agent who does his job poorly and does not care about your best interests.

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