It is necessary to understand how your real estate agent will work for you to make sure that they help you fulfill your selling goals. There is a debate on what type of agent will represent your interest best. Either an agent that is paid based on a commission or salary based. A traditional real estate agent is paid a commission based on the sale price of your home. Conversely, other agents work on a negotiated salary from their real estate brokerage. There are misconceptions to which one of these agents work best for their clients. However, it will always depend on what the goals and ambitions are of the agent and the real estate broker that represent you.
When The perception that commissioned real estate agents will represent their clients better is not necessarily true. The idea is that real estate agents will be more motivated because they won’t get paid unless they close the sale. However, the very reason why some people don’t trust their real estate agent is that they believe they are focused on getting paid. Some sellers believe that their agent does not listen to their goals but seem to rush them into decisions to secure their commission. However, every agent that works based on a commission is not motivated solely to get paid. There are real estate agents that will work for their customers to make sure that they meet their customer’s real estate goals.
Real estate brokerages that pay their agents salaries can have the same issue that traditional real estate agents present. Depending on the agency, some agents might feel more secure and comfortable because they are guaranteed a paycheck. Conversely, other brokerages can create an atmosphere that can hold their agents to a high standard of service. Also, like any sells profession, there are typically quotas along with a very competitive atmosphere that weed out real estate agents that can’t meet up with the standards of the brokerage. Therefore, customers reap the benefits of ideally higher levels of customer service.
When working with a real estate agent, it is crucial that you do your due diligence to make sure you select someone who represents you. Therefore, whether your agent is paid on commission or salary, make sure to check your agent’s credentials and knowledge of your area. Make sure your agent understands the home values in your area and can market your home effectively. Also, an agent should make sure that they look for ways to maximize the best features of your home to obtain the highest price.
