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M_GO_BLUE1's avatar
M_GO_BLUE1
Explorer
Sep 29, 2014

REAL ESTATE BROKER

We are looking to go full time in the next 5-10 years and the first step toward that is moving closer to the grandchildren...

We have a real estate agent right now that is doing practically nothing to help sell our house so we are looking to dump her and go with someone else...is there typically any reason we can't change agents such as penalty for us changing, etc??

Any and all suggestions are appreciated...
  • Real Estate Laws differ from state to state, so you should check with your state Board of Realtors to find out for sure. You can also call the Agent's broker and complain about her lack of attention. Depending on the state and/or local Real Estate Laws, the broker may be able to transfer the listing to another agent.

    You can also check your sales contract to see if there are any penalties for "firing" your agent before the contract expires. Your sales contract may also list what needs to be done to "fire" your agent.

    -Michael
  • Do not agree to let one agent represent your home for more than 90 days. It seems to make most agents work a little harder knowing that their time is limited. Not said to knock agents, it is just human nature. Firm deadlines often create more productivity.

    I know the market has changed, but here is how I sold five houses over the years, all in less than 30 days. One in just two days and the last one in just eight!

    Spend the money, and get two independent, professional appraisals. That is what your property is really worth and is the maximum most lenders will approve. Set the selling price at that price and work from there. This is the accurate value, not what a realtor or someone else thinks they can sell it for.

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