Of course, there are some drawbacks to using an agent. Or, more specifically, there’s some drawbacks to using the wrong agent.
Broadly speaking, there are three kinds of agents: bad agents, mediocre agents, and good agents. A bad agent is one that will actually end up costing you money. That is, through their ineptitude, it ends up costing you more to work with them as opposed to just going it alone and selling your home on your own. Hey, it happens.
A mediocre agent is one that will neither cost you money, but won’t save you any money either, a break-even scenario. When you consider that most agents will tell you that they’re going to help you make out better on the deal if you use their services, just breaking even could rightfully be considered a let-down as well.
A good agent, though, is one that will actually make you more money than their services cost. They truly do add value to the transaction, value that can be measured in dollars. In truth, there’s an infinite number of problems that arise from choosing the wrong real estate agent, but in the end, it mostly all boils down to costing you money in one way or another. That’s why it is very important to make sure you pick a great real estate agent.