When to say "You are Fired" to your Real Estate Agent

"Not all Real Estate Agents are created equal!" This is the first sentence I use with my clients before starting a potential deal. 

When you choose a Real Estate Agent and sign a listing agreement, it is the start of a professional relationship. It is difficult to judge the capabilities of your agent after a few meetings and you do not know the way things will turn out in future. There are chances that both of you will have difference of opinions. The best strategy is to keep a backup plan. If you are experiencing some contentious issues with your agent, it is probably the right time to say, "You are Fired." 

5 Signs to Say "You are Fired" to your Real Estate Agent

• Your Real Estate Agent doesn't pay attention: There are a few important questions that your agent might ask in the beginning. What are your finance options? How much are you planning to spend? Which neighborhood is most suitable for you? When are you planning to move in? Do you need good schools in the neighborhood? A good real estate agent will note your responses and prepare a list of houses accordingly. However, if your agent is continuously showing homes in other neighborhoods or houses above your budget or does not honor your demands, it is best to fire your agent.
• Unresponsive Agent: Choosing a new home is a daunting task and it is important to maintain proper communication with your agent. However, if your agent is not returning your calls in a timely manner and ignores your messages, it is time to talk to the agent. It is best to discuss the problem with the agent and if there are no signs of improvement, it is probably best to change your agent.
• Inexperienced Real Estate Agent: Real Estate transactions are complex in nature and it is best to fire a part-time agent. An experienced Real Estate Agent can help in negotiations, work better with listing agents, talk to the financial institutions, and make the overall transaction smooth. All of these things require time and effort. Most of the inexperienced agents will not discuss your loan qualification, provide a list of comparable properties, explain the steps in the process, avoid explaining restrictions, and violate the rules of fair housing. 
• Agent is abusive and does not show respect: Never hire a Real Estate Agent who treats you poorly. Some agents pass comments or yell if you are not ready to go over your budget or not planning to make an offer for a certain house. A good agent will offer counsel and guidance rather than talking you out of a deal. A healthy communication is an important part of this relationship. Keep an open eye for pushy agents. In some cases, agents can be pushy or fast-paced, avoid an agent who keeps on imposing his/her ideas.
• Unethical Real Estate Agent: A good Real Estate Agent would never suggest you to do something illegal. Some agents might try to manipulate you by showing a sub-ordinary house first and then taking you through a series of average houses. Similarly, avoid agents who try to push important relationships such as mortgage brokers or house inspectors. In case of  "dual agency", the agent should inform you in advance about his/her role from the seller's side. 

If you come to an agreement with the agent, make sure to get the dissolution in writing. It will ensure that you won't end-up paying commissions or fees without any real work being done. A good agent can help you complete the transaction in a smooth and healthy manner!