Real Estate agents come in many different styles. Some agents make claims that often mislead the average customer into signing up with them. Here are a few common claims that agents may use so you know to avoid them.
First, “I’m the #1 seller...” When an agent makes a claim like this without proof, be leary. What if there are several agents in one area all claiming to be the #1 agent in their region, how is that possible? Some agents make claims like this to mislead sellers into listing their property with them.
If the realtor is actually the #1 agent in the region, this doesn’t guarantee that you will get the most money for your house. It's best to look for a trusted agent with a proven track record.
Dig deeper on your agents track record to help you weed out those agents who make false claims. Go with someone you trust.
Second, “I will sell your house in 45 days or I will buy it.” This should cause you to wonder how they could afford to do that. "After the 45th day, what price will you pay for my house." That's the first thing that comes to mind. The agent is not willing to buy it at the price you listed for. They want to buy it at a discount for an investor. People who recognize this type of approach would most likely stay away from those agents.
Third. The old “I have a buyer for your house” approach. It sounds exciting and maybe there's a chance to sell your house without having listed it. An agent uses that approach to represent you, not a buyer. Then that's going down the wrong rabbit trail. Most likely, you will soon find out that the potential buyer is no longer interested in your house or found another. This is a common tactic used by dodgy agents to get you excited enough to sign up with them.
Stand up agents are honest and trustworthy.
Overall, good real estate agents are the ones who are honest and trustworthy. They don’t play with your emotions or mislead you. Good agents use facts, data and logic to back up their claims.
Feel free to ask any questions or concerns you have.