Top 1% Real Estate Agents May NOT Be Your Best Bet!
Focusing On The Wrong Things
Becoming a Top 1% Real Estate Agent is about selling the highest number of homes, selling the highest dollar value of homes or listing the most homes. There are sometimes variations on this theme, but the bottom line is that none of it is based on their ability to get you the best price, terms, conditions and smoothest closing.
Sometimes, Even Their Definition Is A Lie
As I mentioned above, the criteria for being a Top 1% Real Estate Agent is very focused on what Agents and Brokers care about, not what Buyers, Sellers and Investors care most about. However, in my recent research, I found that many agents promoting themselves as “Top 1% Real Estate Agents”, may have been at some point in the past, but I found that many of them have closed few if any transactions over the last year. So even if you did believe that an agent who closes lots of deals is your best choice, these agents may not still be a “Top 1% Real Estate Agent”.
So What Should Buyers, Sellers And Investors Do?
Ask the right questions and do not let an Agent telling you they are a Top 1% Real Estate Agent sway you. Or better yet, ask them what makes them a Top Agent. How was it measured? When was it achieved? Is it still true in their recent history?
But better yet, in todays show we will discuss questions you can ask to focus more on what YOU are looking for most from an agent. You want an agent with a proven record of beating the average performance in the local market when it comes to the things that matter most to you.
Download The 12 Questions To Ask Your Agent
Check Out The Last Show!
In this episode of Real Estate Realities with The RebelBroker, we delve deep into the crucial topic of compensating real estate agents in the context of the recent $1.8B judgement charging a “realtor conspiracy” relating to commissions.