Many people
believe the job of a Realtor is to list, sell and market homes. While this is true, a Realtor is hired to
work for YOU. If you are a homeowner
looking to list your home, more than likely you are looking to sell for the
highest price that the market can bare.
The Agent that you choose to hire has to tackle the job of marketing
your home, but more importantly they are hired to represent you, and it is
their job to see to it that their fiduciary responsibility to you is first and
foremost.
If your
Realtor requests that your home listing remain exclusive with their firm, what
does this mean? Well, for starters, if
you are looking to have less traffic in your home, and keep it rather quiet and
private, this may be the way you want to go.
However, if you are looking to get the best price for your home, this
alternative is more than likely not the best choice.
The Multiple
Listing Service has approximately 17,000 realtors, which enables us to share
our listings with one another, allow for showings and hopefully offers. Having your home exposed to this many Agents
means each Agent can tap into their individual data base of buyers and share
your home with them. Chances are, one of
them may be the perfect match for your home.
If you are not able to reach these buyers, how can you be sure that you
are getting the right price for your home?
Some agents
like the comfort of dealing with one agent, and if that is the case, ask that
agent to accompany showings, but don’t exclusively limit yourself to one agency
when the best chance of getting the best price is to open it to all
others. If you were looking for a job,
would you interview with only one firm, or would you send your resume’ out to
many to increase your chances that the best opportunity would present itself?
Selling your
home is no different. In being
completely honest, the only person that is benefiting by your exclusive
listing is the agency you hired. The
chances of their firm gaining the full commission compensation rather than
having to share it is in their best interest…but is it in yours?
To truly
understand the difference in listing your home as an Exclusive or as a Multiple
Listing Property – stop in and speak with one of our associates. Let us explain
the difference! 631-647-7013.
Visit our New Website www.MegSmithandAssociates.com. Like Us on Facebook www.Facebook.com/MegSmithAndAssociatesRealEstate.
Visit our New Website www.MegSmithandAssociates.com. Like Us on Facebook www.Facebook.com/MegSmithAndAssociatesRealEstate.
