Most homeowners want to sell or rent their property for the best possible price and have a smooth journey. With this in mind, it can be tempting to choose an agent that charges the lowest commission because it makes sense that this will give you the greatest return. However, this may end up costing you more in the long run, and it is important to consider other factors.
The cost agents charge for a commission is often linked to their experience and success at selling or renting properties. Agents who have a good track record will understandably charge more for their services. This also means that they may sell or rent your property more quickly than an agent who charges less.
If your agent cannot sell your home within your timeframe, you may end up spending more because it takes longer. You may also miss out on another home that you have found if yours has not sold.
Along with this, if your agent charges lower fees but are not experienced at selling homes that are similar to yours, they will not necessarily have the clientele ready to view and make an offer.
You may also find that your agent is hard to work with, and this can cause an untold amount of stress. By using LocalAgentFinder to produce a bespoke set of results based on your search criteria, you can use our reviews platform, Homeowner Voice to discover what previous customers have thought about the agent.
LocalAgentFinder tells you the commission rates, but it also gives you a lot of other useful information. You can find out how experienced the real estate agent is by seeing how many properties they have sold, the average price of the properties they have sold, as well as how many properties they currently have listed.