Myths About Troy Michigan Real Estate Agents

Posted in Troy Michigan Real Estate by Michigan Real Estate Expert on November 8th, 2010

Ask anyone about their experiences with Troy Michigan real estate agents, and you will no doubt hear a variety of responses. This is why there are so many myths about agents circulating. A good real estate agent is worth every penny you spend for their expertise. Let’s examine some popular myths about Troy Michigan real estate agents.

1. They make too much money. The truth is that the median salary for real estate agents  in 2009 was approximately $54,000. Agents have to pay business expenses such as broker’s fees, professional organization memberships and MLS listing fees.  One of their biggest expenses is marketing homes for sale for buyers and sellers like you. These expenses quickly add up and take away a large percentage of their commission.

2. They won’t get you a good deal because they make a commission on the sale price. Yes, real estate commissions are based on a percentage of the sale price. However, the commission on a $185,000 home is $5,550, while the commission on a $200,000 home is $6,000. That’s a difference of $450, which is hardly worth creating a negative impression by getting you a bad deal.

3. They say anything to make a sale. Professional Troy Michigan real estate agents work for you, and they want you to have a positive experience with them. After all, most of their business comes from referrals. They want you to be happy so you will tell your friends and family about their excellent service.

4. They don’t do anything you can’t do on your own. The truth is that buying and selling real estate can be a complicated and time consuming process. Sure, you can order home inspections and surveys on your own. You can even negotiate for your terms. However, professional Troy Michigan real estate agents are trained to do this and have experience at it. As a result, they’ll save you money, time and make your life less complicated throughout process.

Don’t underestimate the value of a professional real estate agent.

Let me help you save time and money when buying or selling your home. Call me today at 248-514-2640 or email me at

Lee Morof sells North Woodward Homes in Oakland County Michigan RE/MAX Showcase Homes

Lee Morof
Associate Broker/Attorney
RE/MAX Showcase Homes
Birmingham, Michigan
Call:  248-514-2640

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