3 Shady Things Some Allentown Listing Agents do to Get Homeowners to Sign a Listing Agreement
While it may seem like listing agents are acting in the seller's best interest when they agree to inflated expectations prior to listing a home, it isn’t fulfilling their fiduciary responsibility to act in the sellers' best interest. Expectations go unmet. Properties go unsold. Unfortunately, sellers are unaware of listing agent empty promises until it is too late and they found out the hard way.
It is much less of an emotional roller coaster to have realistic expectations from the start and enter into an agreement with all of your options in front of you. We have gathered the most common experiences of home sellers to help you avoid their mistakes. Read on as we discuss three of the shady things some Allentown listing agents do to get homeowners to sign a listing agreement that is wrong for them.
Letting Emotion Set the Asking Price
An emotionally valued sales price is one that the owners feel their property is worth. It is not based on factual appraisal values or completing an educated comparison of similarly sold properties nearby. If a listing agent simply agrees to list for the emotional value, they may be banking on your home sitting on the market for a long time, then trying to convince you to lower the sales price. This is stressful for everyone. Online buyers are aware of the current market value of properties and simply scroll past your property if the price is too high. Seasoned professional buyers like those at Pezon Properties understand how much your home means to you, and this is why we are completely transparent with every figure used in our offer. We also want you to have all of the facts, so the direct buyers at Pezon Properties will also tell you how much you’d profit by listing on the market. At Pezon Properties, we want you to make an educated decision about which method of home sales is best for your unique circumstances, even if it is listing with an agent in the end.
Accommodating Sellers Demands
Often sellers are confident that the standards of today's listing agents are unnecessary, and they attempt to control nearly every responsibility of the listing agent. Sellers usually do not appreciate the importance of high-quality digital photography and 360-degree virtual tours for online marketing and competing in a technologically advanced marketplace. After all, that stuff is expensive. So they convince the agent it isn't needed for a lower commission and the agent agrees (and why not, it's less work for her/him and the house will sell anyway). Nor do they believe the proven sales strategy of staging a property is worth the hassle and expense. Some Allentown listing agents get homeowners to sign a listing agreement by allowing the seller to take charge of the listing. But it's doubtful that the home will sell for the total market value.
A real estate agent has the job of bringing you a qualified buyer who can actually close on your home. When you
sell your house directly to a professional homebuying company like Pezon Properties, you’re working with a highly qualified cash buyer who will do what they say and close the transactions. Any concerns for an MLS listing about the buyer receiving loan approval, the hassles of showings, and the marketing expenses go out the window. Direct buyers like those at Pezon Properties can let you pick your guaranteed closing date in a few weeks if you’re ready. Remember,
we buy houses fast in Allentown.
The Bate and Switch
Another one of the shady things some Allentown listing agents do to get homeowners to sign a listing agreement is to lead sellers to believe that they, a top listing agent, will personally handle the listing and are therefore worth their high commissions. But, in reality, they’ll be handing it over to a junior team member who is learning the ropes on your listing while the top agent is on their way to another listing appointment.
Nothing is more frustrating than having to hold a newbie agent's hand, while they hold one of the most significant transactions of your life in their hands as well. Working with a direct buyer like those at Pezon Properties means no switch-out because you’re working directly with your buyer, and there won’t be commissions at settlement. In addition, when you sell directly to Pezon Properties, you won’t have any traditional realtor expenses, you don't need to worry about repairs, buyers backing out due to contingencies, or the buyer's financing falling through.
The direct buyers at Pezon Properties won’t pressure you, nor will you experience any of the shady things some Allentown listing agents do to get homeowners to sign a listing agreement. Our goal isn’t to be the top agent of the year on some flashy, hyped up website. Our goal is to help you, our neighbors in Allentown, solve problems. When you talk to one of our direct buyers at Pezon Properties, they stop everything and listen to you. At Pezon Properties, we understand that communication is the key to successful teamwork; our full-service team works with you to help make selling your home easy. We focus on you, the seller, because at Pezon Properties, we want you to feel good about the deal long after leaving the closing table. At Pezon Properties, we take pride in improving our community and increasing home values, one homeowner at a time. Call Pezon Properties
at
484-484-0971.
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About the author
Mathew Pezon
Mathew Pezon is the founder and CEO of Pezon Properties, a cash home buying company located in Lehigh Valley, Pennsylvania. With several years of experience in the real estate industry, Mathew has become a specialist in helping homeowners sell their properties quickly and efficiently. He takes pride in providing a hassle-free, transparent, and fair home buying experience to his clients. Mathew is also an active member of his local community and is passionate about giving back. Through his company, he has contributed to various charities and causes.