Hiring a real estate broker from agencies for Homes for sale in Huntsville is a necessity in selling a house. However, some brokers may become too eager to sell a house for the buyer or seller’s good. Sad to say, not all brokers are ethical in the manner that they conduct their deals. Some of their actions make the stigma attached to their names real.
The enthusiasm of a broker to seal a deal may make him intentionally forget details about a house. He may stress its good parts like the spacious bedrooms and the newly renovated kitchen without mentioning the termites in the attic and the leaky plumbing in the basement. Some brokers may choose not to mention details that would turn off prospective buyers in buying the property. The unfortunate couple who would buy the property will end up spending more in repairs and pest control.
Real estate brokers appear to have non-negotiable fees when selling a property like Homes for sale in Huntsville. In times when the competition among them is high, brokers may choose to lower their fees just to sell houses at a faster rate. The buyer can actually haggle with the broker and end up with a lower asking fee.
Some of real estate brokers appear to be very knowledgeable but most of the time, they don’t know what they are talking about. They may suggest renovations that can be done in the property when in fact they are not allowed by zoning regulations of that area. Other than passing a licensure exam, brokers are really not obliged to learn more about their craft unless they are concerned about their clients.
Sometimes the networks of professionals that are recommended by real estate brokers are really in connivance with their plans in selling a house. An inspector who is in cahoots with an unethical broker may look beyond the cracks and pests inside the house just to have another referral from the broker. Buyers should be mindful of the house inspectors recommended by this kind of broker.
Always remember that brokers will side with the one employing them. A broker hired by a seller will be obliged to gather and divulge information that will give the seller the best deal out of his property. A buyer may mouth off his budget when buying a house. The broker can use this information to the seller’s advantage by not lowering the selling price. This is not necessarily bad for the seller but buyer then gets the shorter end of the bargain.
A broker might suggest to the seller to have an open house with the intention of showing the house to prospective buyers. He might not tell the truth that the chance of selling the Homes for sale in Huntsville by having an open house is a measly two percent. Most of the times, an open house is just a way for brokers to meet more clients that will hire them for other deals.
Not all brokers are liars and tricksters. Many of them still practice with integrity and high-standards.
I am an author providing information on Homes for sale in Huntsville. For more information, visit MarMac Real Estate online.
