Rockford, Illinois Real Estate Protocols
Real estate agents love working with people, but there are always clients who may unintentionally cross the line. Here are a few simple protocols you can use while shopping for a home that will keep you out of hot water and on good terms with Rockford Illinois real estate agents.
Understand Agents Work on Commission. Very few real estate agents work on salary and if they do, you probably don’t want them.
Most real estate agents are paid a commission. If an agent does not close a transaction, they do not get paid. Agents are highly motivated to do a good job for you. Agents are not public servants and do not work for free. Do not ask an agent to work for you if you intend to cut the agent out of your deal.
Keep Appointments and Be on Time. Be respectful, use common courtesy, and don’t expect an agent to drop what they are doing to run out and show you a home. You are probably not that agent’s only prospect or client. And if you are, it’s not a good sign. Do not make an appointment with an agent and then forget to show up. If you are running late, call and let your agent know when you expect to arrive. Just show respect.
Choose a Rockford, Illinois Real Estate Agent. Decide whether you want to work without representation, dealing directly with listing agents, or if you want to hire your own agent. If you decide to hire your own agent, interview agents to find an agent with whom you are comfortable. If you are interviewing agents, let each agent know you are in the interview stage. Never, never, never interview two different agents from the same company.
Listing agents work for the seller, not the buyer. If you hire the listing agent to represent you, that agent will now be working under dual agency. Conflicts of interest may occur. If a listing agent shows you the property, the listing agent will expect to represent you. Ethics prevent a listing agent from showing preferential treatment. If you ask a listing agent to do you a favor and try to discount the price, it’s compromising integrity, and most won’t do it. Listing agents do not want to do the buying agent’s job. Let your buyer’s agent do their job.
Ask your Rockford, Illinois real estate agent if it’s considered proper for you to attend open houses alone. In some areas, it’s frowned upon to go to open houses unescorted. Hand your agent’s business card to the agent hosting the open house. Sometimes this agent will be the listing agent, but often it is a buyer’s agent also looking for unrepresented buyers. Announcing you are represented protects you. Do not ask the open house host questions about the seller or the seller’s motivation. Let your agent ask those questions for you. Your agent will probably use a different approach that works.