Many real estate agents in Australia aren’t forthcoming with the inside knowledge of their industry when you want to sell your home in Australia. But if you want to be informed as to what may not be said, but is definitely an option, read on.

Real Estate Commissions Are Negotiable

Most agents will tell you they have a fixed commission rate. But did you know that they may change their commission based on the worth of your house? Due to this, and social media making information more accessible, you can now negotiate your agent’s commission if you consider it unfair.

Your Marketing Supports Them

When a real estate agent markets your house, they often brand the images with their logo or watermark, marketing themselves in the process. So before you negotiate fees for marketing, remember the real estate agent gets something out of it too.

Becoming A Real Estate is Easy

In certain states, the training and certification to become a realtor is just a few days of work. This means the industry is inundated, and not all agents are created equal, so make sure you choose someone worth their commission.

Some Houses Sell Themselves

Agents sometimes don’t have to do anything, people may just see a house and like it online, and they’re interested enough to buy it. Even if this is the case, the commission may be high.

Market Knowledge is Online

Once upon a time, market knowledge was vital to realtors, nowadays, market knowledge is at everyone’s fingertips online.  This means that you can fact-check what your realtors are saying in real-time.

Agents Don’t Need Databases Anymore

Another updated thing you won’t really need to use is agent databases. These were something agents once used to find a good buyer, but nowadays, good buyers are likely to find you through the internet.

Some Agents Price Up/Down Houses

Depending on the time and market volatility, agents will have to price up or down a home in order to broaden the interested parties and stay competitive. While there’s nothing wrong with pricing up a home, pricing down is now illegal in most states.

They Can Redirect Your Possible Buyers

A potential buyer may come to your property, but if the real estate agent thinks they’re unlikely to buy, but there’s another property they’ve listed that might suit them, the agent will recommend the other property instead.

Agents Compete With Others

Agencies usually split commissions between the agent who listed your home, the agency and the agent who sold your home. This can cause issues within companies as to who gets the best commission. This can also cause conflicts of interest, so it’s best to ask one person to handle everything for you and save on commissions.

Agents Don’t Handle Paperwork

Often it’s your solicitor who will finalise the legal paperwork to do with your sale. Sometimes, real estate agents will have their own in-house solicitors at a discounted rate to help, but you may want someone impartial.

Don’t Deal with Red Flags

Most of what’s listed above are things that won’t be disclosed to you by underwhelming real estate agencies, who just want to turn a profit. They don’t feel the need, to be honest with clients, and you deserve better. This is where EST  https://www.estproperty.com.au/ comes in.

Established Property is the open and honest real estate agent to trust with your home sales and purchasing.