could you please summarize afterwards regarding the decision with or without an agent: How many hours have you invested so far for the sale?
I’ll skip the tidying up / preparing the living spaces now, we would have had to do that anyway. For photographing and editing the photos, I think I invested about 4-6 hours. Worth mentioning: I had a good camera and a good wide-angle lens from a private hobby. Those who don’t have something like that probably better turn to professionals for pictures. Then maybe 2-4 hours for typing up an info document / exposé, preparing an empty 3D floor plan. We listed via without-agent, cost 140€, was done in about 30 minutes (I had already prepared pictures and texts). And then there is answering and sorting messages and inquiries left. It’s hard to specify the time here because you keep spending 5-10 minutes now and then. I used the good sorting function on the portal and created a private Excel interested parties database to keep track.
How many € would the agent have gotten? Agent hourly wage :p
Both from us and from the buyers, almost 20,000€
The estimated price from the agent was even exceeded now, right?
Yes / no. The agent had told us beforehand that he rarely sells at the listing price. He wanted to "list cheaply and then see who offers the most." I didn’t like this approach that much. Then he suggested listing for 525k and expecting fewer inquiries. But he didn’t say that would be the limit. From my point of view: to make up the 20k agent commission, he would have had to sell it for at least 560. For the buyers, the property would have been 40k more expensive that way. 20k higher purchase price so we'd land back at 540k, plus 20k agent fees. I don’t think that would have been achievable. Then the buyer would have been out almost 600k and hadn’t paid any tax yet.
Would you have wished to have an agent by your side during the viewings for the interested buyers?
Not really. I found the agent we would have taken nice, but somehow also "fake" nice. You know what I mean? Somehow unauthentic. I think our authentic way of presenting the property helped with the many commitments. People didn’t have the feeling of being sold something. We pointed out everything that seemed important to us. Also the unpleasant things like settlement cracks, for example. Most interested parties knew what that was and had no problem with it, but I think you shouldn’t gloss over such things. We emphasized again that we’re not assholes. If I were a buyer, it would be important to me that people come across sincerely. That’s how we did it. And we had all the time in the world and gave that to the interested parties as well. Disclaimer: I judge this one-sidedly, since I have no experience how viewings WITH an agent go. :)