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Can a Transaction Fail Because of Miscommunication Between Real Estate Agents?

Buying and selling a house oftentimes lies on the negotiations and understanding brought about by the buyer and seller during a transaction. However, it appears that miscommunication between real estate agents is also a determining factor for the outcome of a transaction. What should you do?

Most people believe that the success of a transaction depends on money and that alone. However, little do people realize that it goes way beyond that and it lies on multiple factors.

According to Realty Times, miscommunication between two real estate agents can lead to transaction problems. The publication noted that Realtor members recently expressed their concerns over the growing lack of civility among agents nowadays.

While the reason behind this lack of civility among real estate agents has not been provided during the discussion, the publication noted on a possible reason for this. Agents have been reportedly experiencing problems in dealing with transactions because they no longer foster harmonious relationships with one another.

Gone are the days when real estate agents would meet face-to-face in order to discuss the details of the transaction, and therefore, facilitate a clearer and more meaningful conversation. Some agents prefer communicating through text messages or phone calls, which often do not convey the exact meaning the sender was intending to give to the receive.

Miscommunication can oftentimes happen when using this form, which can then lead to transaction problems between the buyer and seller. While it has been previously reported here on Realty Today that agents should begin marketing their services and listings on social media, agents should not forget the value of establishing relationships, not just with clients, but also with other agents.

Dealing with other real estate agents in a more professional and civilized way will also benefit your clients. Technology can only make or break you, so you must definitely choose whether to let this get in the way of you getting a successful transaction for your client or not.


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