Advantages of selling through a real estate agent
There is a lot at stake - so you should consider the advantages and disadvantages of selling through an estate agent.
Admittedly, it is tempting to save the costs of a professional estate agent. Especially recently, you can stumble across articles on the Internet that want to make property owners believe that selling a property is no big deal and that anyone can easily do it themselves. Selling a property usually involves a lot of money and all too often private sellers make careless mistakes out of ignorance, which can end up costing a lot of money.
As in other areas that require experience and insider knowledge, using a professional real estate agent can ensure you get the best price for your property and save you stress and anxiety.
If you are still not convinced, read the most important reasons why it is negligent to do without the help of a real estate agent.
A lot of money is at stake
Would you do without a lawyer in a legal dispute involving several hundred thousand euros? Certainly not. But then why would you even consider selling your largest and most valuable possession without the help of a proven expert?
Selling your property requires a fair amount of experience and knowledge of the current real estate market, not to mention the difficulty of finding potential buyers and the challenge of negotiating hard with them.
Real estate agents know what your property is worth
One of the biggest problems when selling a property is getting the price right. If you advertise too low, you are giving your money away. If you ask too much, you won't find a buyer. Starting with a deliberately high price and then gradually lowering it will almost always result in a significantly lower sale price than if you had gone to market with the right price.
Real estate experts refer to this as "burning a property on the market". This means that such properties have a reputation for something being wrong with them. This can dramatically increase the price pressure on your property; who likes to spend a lot of money on something that they are not 100% sure is in order?
If you need to have sold your property by a deadline, this strategy can lead to unpleasant time pressure because you have scared off many potential buyers with your approach and there is not enough time left to find buyers willing to pay. This inevitably leads to further reductions in the purchase price - and sleepless nights.
Real estate agents know how to market your property
You certainly want to sell your property quickly and at a good price. But this involves much more than just placing a few advertisements. A professional real estate agent uses effective channels and networks that private sellers do not have access to. Real estate agents will also give you valuable tips on how you can spruce up your property with little effort in order to achieve your desired price more easily.
Real estate agents know how to negotiate
Real estate sales often do not take place because interested parties see problems where none actually exist.
A real estate agent negotiates every day and knows from experience how to bring buyers and sellers together. Do you really have the confidence to do this?
The real estate agent as mediator
Even if it's hard to imagine: Many real estate sales fail due to personal sensitivities between buyer and seller. A real estate agent, on the other hand, is the ideal mediator who mediates between the two sides. This is another convincing fact that speaks in favor of using a real estate agent, because there is simply no alternative.