Broker for owners - benefits / advantages?

  • Erstellt am 2017-08-03 12:12:13

Joedreck

2017-10-03 17:06:57
  • #1
Or one becomes a grump because one complains about things one cannot change...
 

Farilo

2017-10-03 23:49:58
  • #2

In a way, that is indeed the case

All lost profit for the seller
 

Joedreck

2017-10-04 13:22:19
  • #3
Yes, maybe in theory. But there are also people who have no idea about the property and are mercilessly lowballed. Or they set the price too low out of ignorance. The realtor does bring quite a lot to the seller if he is good. And at the moment, the market is such that as a buyer, you cannot choose. If interested party No. 1 doesn't pay the asking price, interested party No. 2 will. It has come to the point where potential buyers have to make commitments immediately after the viewing in sought-after locations. If not: tough luck. It is really crazy what is happening on the real estate market at the moment. Even here in our rural area. But whoever wants to buy now needs luck or has to swallow some bitter pills.
 

Winniefred

2017-10-04 14:30:26
  • #4
As buyers, we had overall rather bad experiences with real estate agents. Apart from one, none of them knew much about the house for sale or practically nothing (when the windows/electrics/roof were installed, who lives next door, why it is being sold, etc.). Commissions of over 6% (we ultimately paid 7.14%) are completely normal. Photos in the exposés were mostly inadequate, there were only a few and sometimes in poor resolution, and the information about the property was insufficient and at best roughly compiled. The highlight was an exposé that did not match the house (it had 3 instead of 5 rooms and about 350 instead of 600 sqm of land). None of this mattered anyway, because the market here is empty and as a buyer you have to take what you can get; price negotiations over purchase prices or agent commissions are out of the question. As a buyer, I would always prefer to buy without an agent (saves money); from the seller's perspective, however, an agent has only advantages in sought-after areas and otherwise as well. You don’t have to deal with anyone, remain anonymous at first, don’t have to spend time, and you don’t pay the bill anyway. Our agent had with us 1 viewing appointment (group viewing with others), one appointment for a building surveyor (after which he disappeared after 10 minutes and we delivered the keys later), 1 notary appointment and a few phone calls. It cost us about €14,100. And that only because we were lucky and could buy a property far below value from a sale through a community of heirs.
 

Nordlys

2017-10-04 15:41:51
  • #5
Joe is absolutely right. And I know plenty of stories where old people had their house sold way too cheaply by sly guys without a realtor. Karsten
 

Farilo

2017-10-04 23:32:55
  • #6
However, one often knows and hears stories about situations where the realtors rip off the sellers.

The old lady who does not know the value will sell far below value to the realtor's brother-in-law, etc...

I stick to my opinion. Realtors are a clear yes, IF it is a bad location and/or you simply do not live on site and cannot take care of the sale.
But if you live on site and the location is good, in my opinion, you are throwing money away.

I bought without a realtor and would also sell without a realtor.
 

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