The right broker: cheaper is not always better

When choosing the right estate agent, the new Estate Agents Act has added the component of price. Since the seller now pays either half or all of the commission, you should also be aware that the buyer only pays the same amount of commission as the seller. When choosing an estate agent, it is essential to compare the services on offer. This is because cheap offers are often not on a par with the high standards to which quality estate agents are committed.

How is that supposed to work with dumping? After all, good performance and quality are also reflected in the price. Incidentally, this also benefits the seller, as experienced quality agents often achieve higher prices for the properties they market than newcomers to the profession.

Behind the media-pushed start-ups that are currently advertising low prices, investors are hoping to achieve high returns with a designed service package. But can real estate sales really be duplicated at will? Many owners who prefer to rely on quality estate agents have justified doubts about this. After all, a property is always individual and requires individual solutions.

Experience and local market knowledge

Regional real estate professionals have usually been active in their area for years. This should not be underestimated. Because only those who know the local market, market dynamics and market practice know what prices can actually be achieved for local properties. Quality estate agents who have been active in their region for many years have often already sold several hundred properties. This is experience that young, nationwide estate agent start-ups lack.

What's more, local quality estate agents are well-known in their area and have excellent networks. They know the sellers and buyers in their region. Real estate experts refer to this as market depth. For property sellers, they often already have the right prospective buyers in their database, which often significantly shortens the real estate marketing process.

Know-how

Real estate sales also involve activities that require real estate training. For example, the valuation of a property. Although there are appropriate procedures for this, these can only lead to the most accurate result possible if the necessary market knowledge is available. This is because comparable properties can be worth different amounts in different regions.

Legally compliant handling of the property sale is also a question of professional competence. Quality estate agents obtain all the relevant documents for the sale. As they are very familiar with the offices and authorities in their region, they know what is important in order to guarantee a smooth sale. They also check the creditworthiness of prospective buyers.

If you want to be sure that you are dealing with a quality broker, you should definitely compare the broker's services. Also check the references and customer testimonials on the broker's website or ask for references.

Are you looking for a local quality estate agent who can sell your property legally, quickly and at a fair market price? Get in touch with us! We will be happy to advise you.

Did not find what you were looking for:

https://www.finanztip.de/haus-verkaufen/

https://www.focus.de/immobilien/kaufen/immobilienkauf/leitfaden-hausverkauf-v-abzocker-oder-hilfreicher-experte-wann-sie-einen-makler-fuer-ihr-haus-beauftragen-sollten_id_4668511.html

https://www.faz.net/aktuell/wirtschaft/wohnen/teurer-hauskauf-die-maklerkosten-werden-jetzt-geteilt-17106155.html

Legal notice: This article does not constitute tax or legal advice in individual cases. Please consult a lawyer and/or tax advisor to clarify the facts of your specific individual case.

Photo: © hin255/Depositphotos.com