Tuesday, February 22, 2005

Do you trust your real estate agent?

As far as most real estate agents are concerned - the quicker the sale, the better - unless, of course, it is the agent's home.

A University of Chicago economics study surmised that since real estate agents acquire their commissions at close, most real estate professionals pressure clients into selling too cheaply and quickly.

Waiting for a better offer just isn't in the interest of most agents, yet waiting a few extra days can often net a better offer by thousands of dollars - a pittance in extra commission to your agent, but a notable difference for the seller.

Make sure to get an independent appraisal before selling your home to ensure that you, and not just your agent, get a good deal.

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