Selling a home? You’ll need a property agency. Read this guide to learn how to select the best property agency for your needs.
Many people who are selling a home consider using a property agency rather than trying to sell it on their own means. However, there are many property agencies in the market and it can be difficult to find the best one for your needs.
This guide will provide you with some tips on how to select the best property agency for your needs, and how they can help to sell your home.
The importance of a property agency
Selling your property is not an easy task and is probably the biggest transactional process a person will be exposed in his lifetime. You definitely need help so you need to hire an agent to do the work for you. Do some research to find out which agent will best suit your needs. If you’re not sure, try reaching out to them and ask what they specialize in and how they plan on marketing your home for sale. The process will be, how to do calculate the right price of what you are selling? Where and when is it best to market your property? What should you highlight about your property that makes it more attractive than its competitors? How do you recognize potential buyers from time-wasters? Once you find a buyer how much are you ready to begin?
What is the job of a property agency?
The job of a property agent is to market your property on your behalf, find potential buyers, help in the price negotiation and assist you in anyways for the sale to go through.
Since they have constant exposure to the process of buying and selling property a property agent will make the complex process of changing house somehow easier.
The job of a property agent can be broken down into three different main tasks:
– Listing the properties on the market
– Marketing those listings
– Assisting in the negotiations
What to look for when using a property agency?
Property agencies are usually paid by the percentage of the property price once the deal is concluded and the property transfer is done. The fees are quite standard and it is common for several property agencies to be available to offer their services. Several property agencies will claim that if you sign a deal with them you will only commit to paying a fee if the property is sold thanks to their agents. One must be careful which property agencies to hire as more agencies do not mean more reach. At the end of the day, the property agencies will be marketing your property on similar channels like Facebook and other property sites and normally to a subset of the same potential buyers. So it is better to have a good property agency that alot of them.
How can you identify a good property agency?
A good property agent will normally have its own property listing website, a team of agents with a very good response rate, and both a physical and digital presence. When hiring a property agency make sure you check
-the type of services they provide (negotiations, marketing, general advice)
-their success rate
-how busy they are
-how many clients they have