To Sell a property by owner or rely on an agency

 

What is better, sell your flat by owner or rely on an agency?

 

A song of 2005 astrud group claimed that "there is a man in Spain who does everything". The truth is that this funny critique of 'I cook, I it as' we both like the Spanish did not walk too misguided, at least in what concerns the property market: Spanish owners who prefer to sell their home on their own instead of relying on professional

In fact, 56% of homes, shops and garages who advertise on idealista.com sold in a particular way, while 44% is managed through agencies, promoters and advisers. but what is better, sell your flat as a tutor or rely on an agency?

The main reason to avoid having professionals is cheap, it costs money. Many individuals think that is expensive, useless and even they are losing 3% or more via agency commissions.

However, the reality is that rely on a professional can greatly facilitate things for owners who do not have time to attend to the many visits will be needed, attract potential buyers or investigate whether the price they wish to sell the property is a 'market price'

But how do I choose an agency? as in any industry, there are professionals at different levels. Today, after the screening that marked the bursting of the housing bubble, it is easier to find a serious, effective and solvent agency. normally, usually better to work exclusively. This guarantees that the real work thoroughly to sell my flat

Fees charged by agencies ranging from 2% when only intermediation up to 5% in the case of exclusivity is signed. there are many realtors who initially placed between 2% and 4% but warn that are negotiable. Do not forget that when dealing with professional services, these fees are subject to a VAT of 21% . InmoLaSirena.com and PisoFinCasa.com gives you a full solution for selling your property in 1% fee while in exclusivity with professional marketing service

Besides price and counseling visits, the committee includes all legal tasks involved a sale, either get simple log notes property, drafting contracts or signal arras and managing energy certification, which greatly facilitates the process to the parts involved

How to sell Spanish real estate fast

Believe it or not you can sell your Spanish property in a matter of days. The key is to set the right price.

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A couple years ago a property selling e.g. in Mallorca for 500K was sold within 2 months, Nowadays the same property will not even sell at 450K, but might stand a change if its priced between 350-400 K.
Many investors and 2nd home owners who bought Spanish property and have to sell would like to close their eyes and wait until their nightmare is over. They are faced with the decision of having to sell their property at a loss.
Most of these investors would rather wait a little longer and see what happens. They might think about the recuperation of the US housing market and they desperately are focusing on the positive economic figures in Europe.
What these investors are disregarding is simple fact of Who in their right minds would want to buy a property which has been in the market since a long time and for the same selling price?. The chances of finding a buyer ar very very slim.

So here a couple tips when selling Spanish property.:

1) Sell at the right price
Try to be realistic when selling Spanish property. If your property is not selling its because of the price.
Lower the price of your property and you will be amased to see what the effects are.
2) Be sharp
When your property comes into the market invest heavly in promoting it. The fisrt couple of weeks are essential when trying to sell the property. The longer your property is in the market the less chances it has.
3) Compare prices
Check what similar properties are selling for and price your property in a competitive way.
4) Seek professional assistance
An estate agent will probably help you filtering potential buyers and curios not wanting to buy buyers.
5) Be calm
When showing a property to a potential buyer do not give him the sensation you desperately want to sell. Do not overly exagerate the positive points of the property.
6) Do not disregard offers
If someone makes you a valid offer, one that is within reason, do not disregard it or you might regret it later on.
7) Using social media and other property portals
Make sure the property is priced the same in all the media and with your estate agent/s.
Having different prices is suspicions and scares buyers off.
8) Using an attractive ad
Properties that do not have pictures do not sell. Aln make so provide good descriptions and if you can make a video presentation.
9) You sold your house, or maybe not.
Let say you found a buyer. Make sure is has the credit to buy it. Make sure he can get a mortgage.
Make sure that when a deposit is paid to in case the sell is canceled. Do not take the for sale sign off until the sell is completed.