Should You Hire a Real Estate Agent Who Charges the Lowest Commission?

Posted by Kent Redding on Monday, August 7th, 2017 at 2:44pm

If you’re thinking about buying or selling housing you most likely have encountered a real estate agent who has offered their services to you for the lowest commission possible.

The big question that you should have is if you should hire this agent because they charge a lower commission than another real estate agent.

Although the answer to this question may be simple for some people because they think that lowest commission means that they're saving money, the reality is that hiring a real estate agent because they charge the lowest commission possible isn't always the best idea, especially for these reasons

Reason #1 - They May Not Work With A Team

Regardless If you're buying or selling a home one of the harsh realities about hiring a real estate agent who charges the lowest commission possible is that they most likely are not working with a team and this means that they may not always be available to help you because they are helping their other clients.

Reason #2 - Their Marketing May Not Be the Best

Another consequence of choosing an agent who charges the lowest commission is that their marketing may not always be the best quality possible.

Instead of receiving a personalized marketing plan, you may receive a template-based approach to marketing your home online and the results will be obvious when it comes to less interest and fewer offers for your home.

Reason #3 - An Agent Who Charges the Lowest Commission May Not Have Your Best Interest at Heart

Last of all, but most important, a real estate agent who charges the lowest commission possible may not always have your best interest at heart.

Since they are charging the lowest commission, it's entirely possible that your agent even ends up representing buyers end sellers of properties at the same time. This ultimately creates a conflict of interest because it means that the agent neither represents the best interests of the buyer or seller because they have both parties as their clients.

Hire an Experienced Real Estate Agent

To learn more reasons why you should not hire a real estate agent who charges the lowest commission possible or to view homes for sale, contact us today by calling (512) 306-1001 or click here to connect with us online. 

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