When it comes time to sell his property, two options available to you. Both you do not trust you and that you manage directly with individuals, or you can delegate this task to a professional who will ensure peace and profitability. If you take the second option, then discover the key information.
The role of the realtor
Before returning your property in the hands of just anyone, know that a real estate agent must, by law Hoguet, 1970, hold a professional certificate entitling him to pursue such activities. Its role is to find a tenant or buyer for a property owner submits an owner.
The agent contacted you must present the card at your request. The latter awarded a diploma or experience in this area and especially its scope (transactions, administration, etc …). The latter must also be insured against possible financial impact of professional liability. Finally, it must demonstrate its financial viability for the current year.
Gauge the transparency of your future real estate agency in reviewing the map of your agent should show the same number as displayed in the agency. Inquire also about its fees and its floor of financial security.
Real estate agent or agency?
Amalgam is quick when you think to approach a real estate agent. Century 21 Foncia or Orpi come on top even if these networks.
The benefits abound with these professionals, enjoying a consistent geographic extent, may thus put your property in the best conditions of exposure. Their agents are also generally very well trained and they can adapt to any situation that you submit them as in the case of an estate or divorce, for example. Very specific circumstances that require them to know in the field. In addition, trained to sell, the employees of these agencies are generally real war machines in business techniques unstoppable.
In the case of an agency, then it is better to turn to the agents ‘pillars’ that are unlikely to be a victim of redundancies or restructuring of the payroll.
However, if the benefits of the networks no longer have to prove themselves, depending on your location, it is sometimes better to turn to independent agents who have total control over their territory and their scope. Knowledge of the market, his contacts and reputation will make this a formidable agent vendor. In this case, choose then installed agents who have managed to grow over the years and confront the various crises have crossed the real estate market.
The contract binds you to him.
Called mandate, it can take three forms and you’re single decision maker. Singles, semi-exclusive or exclusive according to your goals.
Exclusive, both binding but quite efficient.
Your property is marketable and salable as a single agent and a period that extends more often three months. He must, cons of his commission that he is already guaranteed everything in place to make from your property as quickly as possible and the most economical rate possible. To avoid disappointment, remember to opt for the term and made revocable trust to benefit members of AMEP (Association mandates exclusive real estate professionals).
Semi-exclusive, it’s him or you.
Unlike the exclusive mandate given to the agency alone, the management of your property, the contract allows you to find yourself, tenant or buyer to your property (along with research of the agency). In which case, the agency commission would be reduced by half.
Simple, but freedom to take risks.
Through this mandate, no bind you hands and you will be free to sell your home on your own or go through several real estate agencies at the same time. Prefer agencies’ inter-cabinet “that share the commission in conjunction with the delivery of your ad. In all cases, restrict you to three agencies for not burn out your property.
There are therefore no quick fixes to sell your property. The choice of terms is vital in the progress of your transaction and come back to you to decide which is best suited to your property, the location as well as your goals in terms of earnings (both financial and temporal).
Who pays the bill?
The commission you will pay the agent will be calculated according to the means employed by the latter to find a buyer, according to your choice to view your property (visit exhibition on the internet, etc …). There are no fixed rates and agencies within a network may display different prices for the same service. The range is around 5-8% of the value of the property, digressive.
If your ambitions are thwarted saw, feel free to discuss with your real estate agent who could then review the committee down.
Always check that the seller or the buyer, the responsibility of resolving agency fee by referring to the terms and conditions. In the vast majority of cases, the acquirer will pay the commission, thus reducing its legal fees and registration fees by posting a price below the official figure.
Above all, do not pay your agent or agent before the transaction has been registered at the notary.
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