Southern Suburbs Homes & Real Estate Agents: 
Two Mistakes to Avoid When You Choose A Southern Suburbs Real Estate Agent

 If you are looking to buy or sell property in the Southern Suburbs area of Adelaide Real Estate, you need the advice of someone who knows the local Adelaide real estate market. Why do you need a Highly developed Real Estate agent like Home Street Real Estate? When you are buying or selling real estate in the Southern suburbs you want to be sure that the property that you selling or buying is worth the price. Using a the knowledge of highly trained real estate agent can help you arrive at the right price.   

Characteristics of a Good Real Estate Agent

It can be difficult to find a good real estate agent in Southern Suburbs if you’re not sure what you’re looking for. You can start with resources like the Internet or use referrals from friends, but you need to keep in mind that, just because an agent works for a Franchise company they most likely are Independent Owner anyway, that agent may not know the Southern suburbs or its neighborhoods that well, the best places to shop and so forth. A franchise company does not guarantee a high degree of training or experience, they may be employing Trainees or have 'old dogs" who know all the tricks of the trade, without any degree of real skills in sorting out the right buyer.. Buyers come in to the market for generally 12 weeks and buy - they don't generally hang around on databases unless they are looking for a real bargain - it doesn't take much skill to sell cheaply!

 Best thing you can do is ask these questions as you narrow down your choice for the right real estate agent to represent you or cut through the red tape and simply have MAT Real Estate goes to work for you in the marketing, management and selling process with comfort and ease.

 What is the commission rate?

When you sell property in the Southern suburbs, you will need an experienced real estate agent who can identify the right buyer for you. As a seller, there are two critical mistakes to avoid when you choose your agent. These are:

• Asking an unreasonably high sale price without justification normally
• Not understanding the commission charged is charged as a percentage value on your selling price. 

Let’s look at these two points in more detail. Home sellers tend to ask the agent how much they will get for their house, and this usually has a tendency to encourage over-quoting, which doesn’t require any real skills. There are franchisee operations that do this by simply taking a look at property listings. However a skilled real estate agent presents a factual estimate based on market research, of only a few recently sold properties which closely compare to yours together with unique property plus points, market experience and good degree of selling skills.

Next, consider the commission charged. as a percentage of the selling price, if you initially expected say $450K and the Agency struck say a 2% commission fee against that value - Your disappointment compounds quite quickly when the best they may do is say $380K.Their fee is still 2% so do the sums. Less all marketing costs payable for advertising your property - So on a quick calculation based at eventually having to sell, you will be more likely to end up with about $370K less $2,500 to $4,500 in marketing costs regardless if the property sells or not. Now the agents aren't paying for 20 to 30 properties advertising at that rate they will be broke in a couple of months with mounting bills of $80,000 - $120,000...here's the catch the perception - lots of Independent Agencies bandied together under one common umbrella in combining all this marketing and $$ millions in spending fighting for supremacy in the competitive marketplace - Does your price really matter? Here the bigger you have adverts and more regular placement made can also turn into a financial burden especially if the property hasn't sold...alot of which may have started all from 'over quoting' On the surface, this might look like the promise land for the seller. In reality, there may also be the unknown underselling sale price, which also comes at a huge cost and you stand to still pay for incompetence. So be wary of an agent who claims to charge on a percentage fee for commission or simply there to 'over quote' the likely sale price, just to gain your business - It's not in your interest and it takes no skills are required to do that.

How will my home be marketed? There are many avenues for advertising real estate. Traditionally, agents put ads in the newspaper, or signs in the yard to reach prospective buyers, glossy brochures, quality photographs, Internet marketing etc, all of which are available by third party supply firms, for all agencies, regardless of brand. The more services you have in place, then you can expect to pay more towards a marketing budget - regardless of the "Selling Price" asked. Remembering of course if  a buyer has an easier time finding the right property comparing to similar properties they will buy. All buyers train to buy after generally going out and inspecting 10 to 20 homes before they buy...comparing value for money (remember too, that over pricing a home assists other properties keenly priced to sell far quicker in time)

 You may get all wrapped up interviewing several real estate agents before making a decision. Tip: In addition to experience, seek out how and what a real estate agent may do to try and demonstrate their skill. Don't rely on just 'over-quoting' Anyone can that and undertake to have Open Inspections and wait.. this does not require much skill at all. Or you can simply cut through the red tape and contact MAT Real Estate for a worthwhile appointment and they will provide you with a quality of service, in a win-win situation.