It can be quite easy to get side tracked by what looks at first like low costs when it comes to choosing an agent. But a ‘reasonable’ fee tells you nothing of what kind of service you will be getting from the agent. Only with full and transparent stats and figures can you start to build a picture of what you can expect.
That’s not to say that you should avoid low fees or even the lowest fee altogether, but you should consider why the fee is lower. It might be a promotional rate; it may reflect a lull in the market or it might compensate for costs elsewhere. Nevertheless, it is very important to understand these reasons before deciding on an agent.
Another reason it is important to be informed before choosing a real estate agent is because it will help you to build an understanding of the property market. You may come to find that now is not the best time to sell or you may find that your particular kind of property is not especially desirable right now. In turn, this will help you make a decision about what kind of agent might serve you best.