Mar 21, 2010

How and When to Change Realtors

A lot of folks don't realize when they can and should change agents. Typically when you list your home for sale with a brokerage you agree to a 6 to 9 month period in which the agent will market your property and (hopefully) sell it. And you usually need to give a good agent the time it takes to get your property sold.

However, sometimes things don't go like you thought they would and you need to change agents. When cancelling the listing agreement (and there is a standard Texas real estate form for this), the sellers may or may not have to pay the agent for expenses incurred so far. These can include fees for MLS input, photography, printing, advertising, etc. Sure, sometimes breaking up can be hard to do. But in real estate, it is actually pretty easy. Its a simple form.

Before changing agents, its important to look at why your property hasn't sold yet. Often the problem is not the agent. Thankfully my clients are as loyal to me as I am to them, so this hasn't been an issue. But it is for a lot of sellers in Dallas. This DMN story features some tips and good reasons for changing agents. And it also explains why I love to be the 2nd or 3rd Realtor to list a home for sale.

[where: 75230]

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