Dave Ramsey is a well-known radio host and financial advisor with a significant following. Many of his fans look to his advice when making important decisions such as purchasing a home. Some also consult him when searching for service providers such as real estate agents; using one recommended by Dave could potentially save both buyers and sellers money in commission fees; however, quality may differ drastically across services recommended by Dave. In some instances the cost may actually exceed what would otherwise be charged elsewhere.
Rob Partin of Raleigh, North Carolina and an ELP with Ramsey discussed on an episode of Design Time: From the Floor Up how his affiliation has enhanced his business. Clients trust him because of his financial responsibility and expertise; furthermore, due to Ramsey being widely known he can access qualified buyers who make better negotiating terms easier with sellers.
Working with a Ramsey Trusted agent offers many advantages for buyers and sellers. Such agents understand his financial principles, helping ensure the transaction stays on track throughout. Working with such an agent may help both parties avoid costly errors that could impact long-term finances negatively. Unfortunately, working with one has its drawbacks too – Ramsey Trusted only has limited real estate agents to match buyers and sellers, decreasing your chance of finding one in your area; additionally, referral fees charged by this service may offset any savings on real estate commissions.
Ramsey Trusted realtors also suffer from inconsistent and ambiguous vetting procedures, making their selection more like marketing than genuine effort to match buyers with agents who offer top-tier service for both sellers and buyers. As such, ELP vetting alone does not ensure optimal services to both parties involved.
If you’re thinking of working with a Ramsey Trusted realtor, take time to compare all your options carefully. Consider each agent’s sales metrics and track record as well as whether their services align with your values. If none of your choices work out, UpNest provides full-service realtors who charge just 6% flat fees with free services that allow buyers and sellers to interview prospective agents before making their final choice.