Buying your first home can be a challenge if you are not familiar with the process. From searching, to placing an offer, and receiving an acceptance, if this is your first home purchase, you need the help and support of a licensed Realtor. If it is not your first home purchase, you probably know all the more why you need a realtor.
Your Realtor of choice wears many hats. Mostly they are mediators and facilitators. However there are times when their advice can save you a lot of hassle and nightmares.
On the flip side, if your Realtor is a “Bully Agent”, it can really hinder the progress, and the worst of the worst, a deal can sink like the titanic.
1. Other agents/Realtors know the “Bully Agents” and don’t want to work with them. For instance, if the home you absolutely love is listed by a “Bully Agent”, many Realtors will not want to show it. Ever get the feeling that your agent wasn’t telling you something when you approached them about a specific listing? This may be why. ”Bully Agents” make transactions hard and angry. In the Real Estate world, this is completely unnecessary and in general, we all get along. Our goals are all the same. The “Bully Agent” approaches most situations with aggression, which is counter productive to the end goal.
2. Banks don’t want to work with “Bully Agents”. Banks have specific processes with regards to loan applications, approvals, and the closing process. ”Bully Agents” tend to use their bullying tactics on banks, trying to force deals to close too quickly. If you really want a list of good Realtors/Agents to interview, ask your local trusted Mortgage lender. They will give you some great referrals.
3. ”Bully Agents” usually over promise and under deliver. If you interviewed an agent to list your home, and they were aggressively promising you the moon and stars, you should think carefully. Is their body language hostile? Do they seem daunted that you will interview other agents as well? Are they using angry wording, or are seemingly stressed out? You should probably pass on this agent.
4. ”Bully Agents” get in the way of the transaction. Needing to win, as opposed to servicing the client is their agenda. Your Realtor/Agent’s job is to facilitate in an appropriate manner, without taking any situation personally. ”Bully Agents” cannot see the difference.
5. There is a time to firmly push and a time to back off. An experienced Realtor/Agent will detect these moments, and advise you accordingly. A “Bully Agent” tends to push all of the time, with no regard given to fairness and peaceful mediation. Many real estate transactions fall to the wayside because of not knowing where this line is drawn. In the end, that does not meet the clients needs.
Have you ever experienced a “Bully Agent”?