Firing the Realtor?
August 28, 2006 5:51 AM Subscribe
When to fire the Realtor?
How do i determine if it's him or a flattening market?
Our house has been on the market for 39 days when the average for our neighborhood is 34. We have the lowest priced house, comparatively speaking, in the neighborhood, and there has been a decent amount of 'traffic' and one near-offer.
posted by toastchee to home & garden (12 answers total)
Our realtor has a different type of fee structure. We paid him $500 up front, with an agreement that he would get 1/3 of a percent at closing. Since we are now in our new home 10 hours away, it's hard to tell if much legwork or advertising is being done. He does have a decent track record, or so we heard, and came highly recommended as a friend of a friend.
Our prior first choice for a realtor is well known in the neighborhood and has been representing a surprising number of buyers and sellers in our subdivision. He sold our neighbor's home in 4 days at the beginning of summer. He, of course, has the traditional 3% commission structure.
So while I have no problem firing realtor #1, I would hate to lose the $500 on a whim when it could simply be a flat market.