7 Things You Should Never Say to a Real Estate Agent in Miami

When selling a home in Miami, it’s crucial to be strategic in how you communicate with your real estate agent. There are certain things you should never say, as they can hinder your chances of getting the best possible deal. In this guide, we’ll explore the “7 Things You Should Never Say to a Real Estate Agent in Miami”.

1. You are Not In a Hurry To sell

Never tell you agent that you’re not in a hurry to sell, as it can give the impression that you’re uninterested and merely testing the market. This mindset often translates to a desire for your agent to fight for the best price, but it’s essential to understand that selling your home is a team effort. If you’re not fully committed to the sale, your agent won’t be either. Top agents invest significant resources in marketing, advertising, and promotional materials. If they sense that you’re not motivated, they may not dedicate the necessary effort and resources to achieve the best outcome for you. Commitment from both parties is crucial for success.

2. You are the only one being interviewed

It’s important to interview multiple realtors. Engaging with at least three agents will help you understand the various sales strategies they bring to the table It’s essential to have a comprehensive understanding of the market. While the videos and photos will likely be similar, the way a realtor sells a property and the tools available to you will vary based on their personality, strengths, and marketing style. Understanding these differences before listing is crucial. Additionally, you should feel a good rapport with the agent, as you’ll be working closely together as a team.

3. Don’t give them your opinion on price

When asked about the value of your home, avoid answering that question directly. The agent who visits should have done their homework and come prepared with strong analyses and comparable sales. While you can certainly conduct your own research to support your understanding, refrain from sharing your opinion on the price. Allow the agent to present their analysis based on solid comps and data, demonstrating their confidence in determining the right price. Be cautious of unrealistic pricing, as this can be a significant trap.

On my site you will find several tools to help you understand and analyze the market:
1. Our market ReportsOur Market Reports
2 Our Advanced Market Analytics for live data stats and sales

4. Never Ask if its a Good Time to Sell

When asking agents if it’s a good time to buy or sell, many will tailor their responses to suit their interests—suggesting to buy now if you inquire about purchasing or to sell now if you’re considering selling. However, this isn’t true for all agents; I personally take a different approach. Various personal factors, including price points, product types, and specific areas, influence these decisions. For investors looking to sell, there are quantifiable metrics that can provide clarity on the timing. We offer in-depth analytics and insights into the market to help you assess whether it’s the right moment to act. My goal is to build long-term relationships with clients rather than just focusing on immediate transactions; I prefer to have clients for life rather than just for a single sale.

Choose an Agent Who Masters: MARKETING | KNOWLEDGE | NUMBERS for Optimal Results

5. I’ve seen what you have done and trust you.

While it’s easy to trust an agent based on their reputation or name, it’s crucial to ask what they will specifically do for your property. Many agents rely on broker magazines, reports, or websites, but these will do very little. It’s the agent who needs to actively market your property, and they should have a clear, actionable plan—complete with timelines and strategies.

Don’t be swayed by buzzwords like “tech” or “AI.” Instead, ask how these tools will be used to market your home. While storytelling, photos, and videos are essential, there are other important elements like Google and YouTube campaigns that play a big role. Since everything is digital, you can measure the success of these efforts with quantifiable data. Remember, the focus should be on the marketing strategy for your property, not just their general marketing approach.

6. That you Want to Sell Fast

An agent might suggest a lower price for a quick sale, as it’s faster, easier, and less work for them. However, it’s important to find the balance—selling quickly while still getting the best possible price. Don’t undersell your property just to expedite the process. You don’t want to leave money on the table.

If needed, consider getting an appraisal to understand your property’s true value. This can help remove uncertainty and give you a clearer picture of how far you can push the price. Respect the market, but don’t settle for less than your home is worth.

7. Never Say I’ll Ask Several Agents to Promote my Property

Telling multiple agents to promote your property while listing it with a family member or friend won’t get you the commitment you need. If you say, “I’m speaking to lots of agents, but I’m giving the listing to my relative,” those agents won’t prioritize your property. They’ll focus on listings where they have more control and investment. If I’m your listing agent, your property becomes my priority, and that focus is key, especially as buyers are getting harder to find. While some might suggest promoting the property off-market, you won’t get top dollar that way—open market conditions are much better for achieving the best price.

BONUS: Don’t get stuck on inflated promises.

Some agents will give you an overestimated price to win your listing by telling you what you want to hear. They might claim there’s a chance the right buyer will come along or that the market will change, but these promises rarely hold up. As your property sits unsold for too long, they’ll eventually ask you to lower the price. By then, your home may have lost attention, and you’ll be stuck in a long listing agreement. After months on the market, you might be so frustrated that you lower the price just to sell. If the price is set too high from the start, your home won’t even show up in buyers’ searches or attract offers. Set a realistic price from the beginning based on solid data and market analysis to avoid this trap.

Schedule Time with David (Via Zoom, a Call or in Person)

FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

WHY WORK WITH DAVID? THINGS YOU SHOULD KNOW...

For all our analytics we are agents driving some very unique and advanced tech. We Provide a granular and custom experience that empower our clients with the insight and tools to understand the most complex behaviors of any local markets.

  • Analytical

    Over 100 reports produced to date

  • Knowledgeable

    Over 1800 published articles and counting

  • Experienced

    Over $2 billion in real estate sales

    Reviews
David Siddons
blog

Related Articles