As said several times already...
If the location is bad and/or the house is in poor condition, you can find yourself in the lower price segment again. In such a case, an agent can make sense.
Well, it is exactly this view of yours that I want to try to understand objectively. This is also not meant as an attack.
I thought I had made it understandable with this. Here is my quote/explanation:
For me, for example, the choice against an agent is made when the market in the price segment in which my property is located is saturated and my property thus reaches a large target group.
My current house is, as said, in a good location, yet it will be one of many...
And then we move in a price segment where the buyer should have factored in the commission.
? Unfortunately I don’t understand the sentence.
So, you would decide AGAINST an agent if your property is in a saturated market segment? What do you mean by saturated?
And who is meant by "large target group"?
My house was a used property, like many others: built in 1978, end terraced house with 64 others. Two-story house with two balconies and a basement, white plastered, well-kept and neat. Train station and schools/doctors onsite. The houses were all sold for about €160,000-180,000.
We ourselves paid such a price converted into DM. The necessary renovation was balanced against the increase in value, so it evened out. After 35 years, you either renovate a house or sell it.
The target group was thus a young family with up to one child, who gradually replace the windows and manage with an Ikea kitchen, or a middle-aged couple. So those who can just get a €200,000 loan.
With the price, I don’t have to swim against the current, and the market was saturated. That means: there was no immediately habitable property in this price segment – prices only started from about €270,000 upwards.
There was no room for bargaining because we wanted to complete the sale as quickly as possible.
Therefore, our house was alone on the market and people queued up.
Regarding the target group: if, for example, you own an oversized house or want to sell a house in the luxury segment, you basically have a smaller target group.
Likewise, a target group of 4 people was not an option because there was only one child’s room, a designer couple with a net income of €5,000 monthly looking for a house would look for a penthouse apartment, a detached single-family home or build, but not ours.
But one of many that are also for sale? If yes, why do they all want to sell there? Is the location perhaps not so great? (Then the agent has to come!)
No, divorces! No one feels like individually taking care of the house sale together anymore. That would probably just cause bad blood if one makes concessions on the price and the other gets less money.
WHO voluntarily pays 6% more?
And at the end of the day, the 6% are "paid" by you, the seller (missed profit).
What must be, must be! No one pays willingly, but if the house price is valuable and you as a buyer feel like getting a house according to your ideas, you can come to terms with paying a brokerage fee. You are aware of that beforehand. You don’t have to.
In return, as an owner, I do not expect to be paid €20,000 more than what the house is worth, then I might as well sell it in a bidding process.
The next house with an agent – yes or no:
I don’t want to go through the stress of selling again: also all these price negotiations like “but we have to make two rooms out of one, that costs us this and that, so we have to deduct that from the price” or “but we can’t pay more *sniff*” ....
You get older, and then you appreciate service! At some point, the time will come when you can afford service!