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5 Signs That It’s Time To Fire Your Realtor

5 Signs That It’s Time To Fire Your Realtor

If you’re one of the brave souls that’s ever attempted navigating through the treacherous waters of selling your home, then you’re not a stranger to the stressful nature of such a transaction. Sure, selling a home sounds quick and painless, especially if you’re using a realtor, right?

Not necessarily.

Thousands of homeowners that don’t understand the anatomy of a real estate transaction (or just want mass MLS exposure of their home), will hire a realtor, aka a “glorified real estate agent”.  They do this under the assumption that a realtor will make the transaction go smoother, simpler, and most importantly, faster. Unfortunately, many home owners have quite a different experience.

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Here are a few signals to look out for that could mean it’s time to find another realtor:

1. You House Simply Isn’t Selling

The idea that a real estate agent, through their hard effort and experience finds just the right buyer for your home is simply a real estate myth. You see, there are only 3 main factors that will actually cause your home to go from unsold to…sold. They are: Price, Condition, and Location. No one can change the location, so if a home is priced correctly according to its condition, then anyone can sell it…not just a realtor.

So, if you’re house isn’t selling as quickly as you were told by your realtor, then why should you blame them? Because once you hire a realtor to represent you, they owe you a fiduciary duty.

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You see, in acting as a fiduciary to you, they should properly research the market, and advise you to list the property at a price that will bring offers. If the realtor advises you on an incorrect list price that’s too high, in order to “get the listing”, then you won’t know until months later when your house remains unsold.

2. Promises Are Being Broken

It’s not uncommon for a newbie real estate agent that desperately needs a listing to over-promise and under-deliver, especially in regard to the amount of money that they say they can get you for your house. But newbie realtors and agents don’t always intentionally make promises that they can’t keep; sometimes they lack the experience in properly determining home values for their clients.

If a realtor tells you that they can sell your house for $150,000 in 60 days or less without providing proof of similar homes selling at that same price within that same time period, then red flags should go up right away. Agents that list “over-priced” homes using this technique have a pre-planned strategy to encourage you (after a few weeks have passed) to reduce the list price of your home. If you’ve found that your agent/realtor has over-priced your home, ask them to release you from the listing agreement immediately and either sell your house without a REALTOR or hire a new one.

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3. There’s Zero Marketing Being Done

Believe it or not, the only marketing that a realtor really has to do to generate an offer on a well-priced home, is to list it in the local Board Of Realtors Multiple Listing Service (the MLS).  Once listed, your home is instantly available to hundreds or even thousands of other realtors and their buyers to see. So it’s actually the MLS that’s a realtor’s best and usually only marketing tool to get your home sold quickly and for the most amount of money.

If your realtor doesn’t take the time to have professional photos taken of your home, and quickly get all the details accurately entered into the MLS and on the market by the agreed upon date, then you should be extremely concerned. Why? Because if your realtor can’t do the ONE marketing task that is actually going to bring offers, then you have to wonder what else their letting fall through the cracks during the remainder of the selling process.

4. Communication Is Seriously Lacking

You’ve heard it before, “communication is key”, and in a real estate transaction, it’s not just a cliche; thousands of dollars could be lost if communication is lacking between you and your realtor.

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You should be concerned early on, if you believe that you’re realtor isn’t informing you of:

  • the feedback received from buyers that have seen your home but have yet to make an offer
  • offers from qualified buyers in a timely manner
  • potential issues with the buyer’s loan processing/approval
  • statuses of reports, such as inspection reports or appraisals
  • the status of your counter-offers

Realtors need to be in constant communication with their clients throughout the entire listing agreement period. If yours isn’t, you might consider a different realtor.

5. Questions Aren’t Getting Answered Accurately Or Honestly

If you find early on, that your realtor can’t answer simple questions that directly relate to the industry that they work in, then you could be setting yourself up for failure. You absolutely must make sure that your realtor/real estate agent is competent enough in their field to be able to hold your hand and guide you properly through the complexities of selling a piece of real estate. Their not selling cars or mattresses; their selling your nest egg that you’ve treated like your firstborn.

With that in mind, if your realtor isn’t able to answer these questions accurately, they are highly unqualified to be your Fiduciary:

  • When exactly does the “Option Period” expire?
  • The buyer wants to negotiate repairs before the inspection. Should we?
  • How do you know that this buyer is qualified to purchase this home?
  • Do you know the track record of the selling agent that is representing the buyer?
  • What factors are preventing my home from selling, besides price?

Summary

Due to the complexities of a real estate transaction, unfortunately, most home owners lack the experience to “know what they don’t know”. If that’s you, then don’t let fear stop you from hiring a realtor to represent you, just be mindful of what we covered in this article, before, during, and after you decided to work with a real estate professional.

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James Vasquez

Real Estate Investor

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Last Updated on February 21, 2019

12 Best Brain Foods That Improve Memory and Boost Brain Power

12 Best Brain Foods That Improve Memory and Boost Brain Power

Nutrition plays a vital role in brain function and staying sharp into the golden years. Personally, my husband is going through medical school, which is like a daily mental marathon. Like any good wife, I am always looking for things that will boost his memory fortitude so he does his best in school.

But you don’t have to be a med student to appreciate better brainiac brilliance. If you combine certain foods with good hydration, proper sleep and exercise, you may just rival Einstein and have a great memory in no time.

I’m going to reveal the list of foods coming out of the kitchen that can improve your memory and make you smarter.

Here are 12 best brain foods that improve memory:

1. Nuts

The American Journal of Epidemiology published a study linking higher intakes of vitamin E with the prevention on cognitive decline.[1]

Nuts like walnuts and almonds (along with other great foods like avocados) are a great source of vitamin E.

Cashews and sunflower seeds also contain an amino acid that reduces stress by boosting serotonin levels.

Walnuts even resemble the brain, just in case you forget the correlation, and are a great source of omega 3 fatty acids, which also improve your mental magnitude.

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2. Blueberries

Shown in studies at Tuffs University to benefit both short-term memory and coordination, blueberries pack quite a punch in a tiny blue package.[2]

When compared to other fruits and veggies, blueberries were found to have the highest amount of antioxidants (especially flavonoids), but strawberries, raspberries, and blackberries are also full of brain benefits.

3. Tomatoes

Tomatoes are packed full of the antioxidant lycopene, which has shown to help protect against free-radical damage most notably seen in dementia patients.

4. Broccoli

While all green veggies are important and rich in antioxidants and vitamin C, broccoli is a superfood even among these healthy choices.

Since your brain uses so much fuel (it’s only 3% of your body weight but uses up to 17% of your energy), it is more vulnerable to free-radical damage and antioxidants help eliminate this threat.

Broccoli is packed full of antioxidants, is well-known as a powerful cancer fighter and is also full of vitamin K, which is known to enhance cognitive function.

5. Foods Rich in Essential Fatty Acids

Your brain is the fattest organ (not counting the skin) in the human body, and is composed of 60% fat. That means that your brain needs essential fatty acids like DHA and EPA to repair and build up synapses associated with memory.

The body does not naturally produce essential fatty acids so we must get them in our diet.

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Eggs, flax, and oily fish like salmon, sardines, mackerel and herring are great natural sources of these powerful fatty acids. Eggs also contain choline, which is a necessary building block for the neurotransmitter acetylcholine, to help you recall information and concentrate.

6. Soy

Soy, along with many other whole foods mentioned here, are full of proteins that trigger neurotransmitters associated with memory.

Soy protein isolate is a concentrated form of the protein that can be found in powder, liquid, or supplement form.

Soy is valuable for improving memory and mental flexibility, so pour soy milk over your cereal and enjoy the benefits.

7. Dark chocolate

When it comes to chocolate, the darker the better. Try to aim for at least 70% cocoa. This yummy desert is rich in flavanol antioxidants which increase blood flow to the brain and shield brain cells from aging.

Take a look at this article if you want to know more benefits of dark chocolate:

15 Surprising and Science-Backed Health Effects of Dark Chocolate

8. Foods Rich in Vitamins: B vitamins, Folic Acid, Iron

Some great foods to obtain brain-boosting B vitamins, folic acid and iron are kale, chard, spinach and other dark leafy greens.

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B6, B12 and folic acid can reduce levels of homocysteine in the blood. Homocysteine increases are found in patients with cognitive impairment like Alzheimer’s, and high risk of stroke.

Studies showed when a group of elderly patients with mild cognitive impairment were given high doses of B6, B12, and folic acid, there was significant reduction in brain shrinkage compared to a similar placebo group.[3]

Other sources of B vitamins are liver, eggs, soybeans, lentils and green beans. Iron also helps accelerate brain function by carrying oxygen. If your brain doesn’t get enough oxygen, it can slow down and people can experience difficulty concentrating, diminished intellect, and a shorter attention span.

To get more iron in your diet, eat lean meats, beans, and iron-fortified cereals. Vitamin C helps in iron absorption, so don’t forget the fruits!

9. Foods Rich in Zinc

Zinc has constantly demonstrated its importance as a powerful nutrient in memory building and thinking. This mineral regulates communications between neurons and the hippocampus.

Zinc is deposited within nerve cells, with the highest concentrations found in the hippocampus, the part of the brain responsible for higher learning function and memory.

Some great sources of zinc are pumpkin seeds, liver, nuts, and peas.

10. Gingko biloba

This herb has been utilized for centuries in eastern culture and is best known for its memory boosting brawn.

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It can increase blood flow in the brain by dilating vessels, increasing oxygen supply and removing free radicals.

However, don’t expect results overnight: this may take a few weeks to build up in your system before you see improvements.

11. Green and black tea

Studies have shown that both green and black tea prevent the breakdown of acetylcholine—a key chemical involved in memory and lacking in Alzheimer’s patients.

Both teas appear to have the same affect on Alzheimer’s disease as many drugs utilized to combat the illness, but green tea wins out as its affects last a full week versus black tea which only lasts the day.

Find out more about green tea here:

11 Health Benefits of Green Tea (+ How to Drink It for Maximum Benefits)

12. Sage and Rosemary

Both of these powerful herbs have been shown to increase memory and mental clarity, and alleviate mental fatigue in studies.

Try to enjoy these savory herbs in your favorite dishes.

When it comes to mental magnitude, eating smart can really make you smarter. Try to implement more of these readily available nutrients and see just how brainy you can be!

More Resources About Boosting Brain Power

Featured photo credit: Pexels via pexels.com

Reference

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