Like all scams, this one can appear perfectly reasonable – at first. Especially if suggested by a smooth-talking agent or, sadly, media commentators who haven’t done their research.
Real Estate Sydeny
The main goal of most agents is to make sales, not look after home-sellers. Oh sure, agents say they put their clients’ interests first. But the evidence suggests otherwise.
Contrary to mythology, auctions are never the best way for homeowners to sell. But they are often the best way for homebuyers to, well, I’ll say it again, “nab a bargain”.
There are several important points home sellers should know before choosing an agent based on their rate of commission.
The cheaper you price your home the easier it is to sell. And, the easier your home is to sell, the quicker your agent gets paid.
BE CAREFUL: Early offers are often the best offers. When you sell a property, what is more important: the time it takes to sell or the price?