Detailed Answer
Coordinating the selection of a realtor with a co-owner in South Carolina begins with clear communication and a shared understanding of your joint goals. Follow these steps:
- Clarify Ownership Structure
Determine whether you hold the property as tenants in common or joint tenants. This affects decision-making authority and the listing agreement. If you’re unsure, review your deed or consult a real estate attorney. - Discuss Objectives
Meet with your co-owner to agree on timing, price expectations and marketing priorities. Document your agreed strategy in writing to reduce misunderstandings. - Research Realtors
Compile a list of local real estate agents with proven sales in your neighborhood. Verify each candidate’s licensing under SC Code Title 40, Chapter 57. Look at recent sales data, online reviews and professional designations. - Interview & Compare
Interview at least three agents. Ask about:- Marketing plan (photography, staging, online syndication)
- Commission structure and negotiation flexibility
- Communication style and frequency of updates
- Experience handling co-owned properties
- Review and Negotiate the Listing Agreement
Select the realtor you both trust. Ensure the listing agreement names both owners as clients and reflects the agreed-upon commission, duration and marketing scope. Under South Carolina law, any real estate broker agreement must be in writing to be enforceable. - Sign & Proceed
Once both owners sign, the agent can list your property. Maintain open communication with your co-owner and agent throughout the process to address showings, offers and negotiations promptly. - Address Disputes Promptly
If disagreements arise that you cannot resolve by discussion, consider mediation. Under SC Code Title 15, Chapter 51, you may also seek a court‐ordered partition, which can lead to sale over objection.
Helpful Hints
- Hold a joint planning meeting before contacting agents.
- Request references from recent clients of each realtor.
- Keep all decision points and revisions in writing.
- Set a target timeline for agent selection and property launch.
- Be transparent about repair budgets and seller credits.
- Consider a neutral third party if negotiations stall.
Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a qualified South Carolina attorney to discuss your specific situation.