Estate Agents: Common Myths and Facts About Realtors

Whether it is an attempt to sell a house or to give it on rent, people are often heard complaining about the realtor they hire. For instance, these high-level sales officers are believed to be money-minters and dependent on easy income. But, the fact of the matter remains that it is never easy to be a property professional. Here are a few common misconceptions about realtors and the associated facts:

estate agents

Myth # 1: Realtors do nothing; they have a lot of leisure time to waste:

Fact: No, they don’t. They are as much occupied with their profession as you are, and maybe more. Perhaps you toil at some office from 9-5, five days a week, or more or less something of this schedule. But, for a realtor, the tasks never end. He has no fixed working hours or any weekends. It is he who is actually adjusting with the schedules of clients, and not vice versa.

Myth # 2: You can never find the right home when you hire a realtor:

Fact: His options are limited as much as yours. There are no property listings that he can create on his own. Clients and vendors often blame the realtor for delays. But, the truth is, this professional is totally dependent on the number of properties available in the market. In addition, if multi-bid situations arise, he can do nothing but wait, like you. So, if you have hired estate agents in Walsall, you must have a lot of patience.

Myth # 3: A realtor isn’t inclined toward negotiations:

Fact: It is one of his primary duties; he has to do it anyhow. But, the entire negotiation thing is a two-way process. While your realtor on this side of the transaction is trying hard to make it happen, an equally adept realtor on the other side might be giving him a tough time. Of course, if yours is a better one, you will surely win the deal.

Myth # 4: Realtors are not easily available on the phone:

Fact: Your realtor might be tangled amidst loan officers and title companies. If he had the time to answer each and every call that came in, and that too, whenever it came in, he definitely wouldn’t have the time to involve himself in property transactions. Believe in your realtor; if he is not answering your call, he will surely do it soon once he is done with all the formalities.

Myth # 5: The price they ask in return is always too high:

Fact: Selling or buying property is not a plain sailing. To be a realtor is a high profile, expensive affair. There’s a lot of marketing involved. The professionals have to buy safes, build websites, create flyers and business cards, and even take care of management systems. And, at the end of the day, it is only a meagre amount of money which they make per transaction. So, before you question their fee, walk in their shoes for a day to understand what it really feels like to be a realtor.

The property market out there is tough and cutthroat. And, realtors are as much struggling to make transactions happen as you are. Appreciate them because they are working their socks off just to place you and your property in a profitable position.