Should my agent provide me with a performance guarantee?
This question is becoming more and more common. Some agents consider this a “gimmick”. However, it is not outrageous to want some sort of guarantee. After all, when you purchase an expensive product or commodity, you expect some sort of warranty or guarantee for your money. What you must remember is that agents work strictly on commission. If they don’t sell your home, they don’t get paid. They have a lot riding on your home sale or purchase too. That being the case, I personally don’t believe it is a problem to ask for some sort of guarantee. My guarantee for my clients? If they follow my advice exactly, and we work strongly as a team, and we can’t achieve the goals we set out to achieve, I will credit then $500 towards the closing costs once the sale happens. I will also allow the cancellation of a listing contract with 14 days written notice, no strings attached. That is how confident I am in my product!