ALL >> Real-Estate-and-Foreclosure >> View Article
Why You Should Avoid Using An Agent While Selling Your Property
Most of us think that selling the house is something that cannot be done without the help of an agent. Especially those who want to sell their property quickly always prefer hiring an agent to help him the quick sale process!
Well, let us just ponder over the details of NOT hiring an estate agent.
First and the foremost you save a lot of money that you will have to pay otherwise as the agent's commission. Typically an agent charges about 2.5 to 3 % + VAT of the selling price of the property.
For example if you sell your house for say £ 200,000 then you would have to pay about 7,000 to 8,000 £ as the agents commission.
Secondly a few agents use the trick of over-valuation of the property to secure their sale. Promising the owner that he will get a very high and dreamy price for the house is that agents do to assure their sale. The sale of property is delayed further and finally the house owner has to settle for the lesser price which in many cases is even less than the actual price.
Thirdly many agents refuse to decrease their commission amount even ...
... if the house is sold for a lower price as agreed at the time of fixing the commission.
Another thing that agents tend to do is to press the house buyers to buy your home out of a home loan which is connected with his agency so that they may take the advantage of their internal corporate rip-offs.
Before the introduction of social media and classified websites, the only way to access a wider network was through the use of the agents and their marketing schemes. But now you can post ads on the Online Classifieds for free, even you can get the help of Social Networking Sites such as Facebook, Twitter, LinkedIn, MySpace etc. to create a roll over the internet networks. The news on the internet spreads faster than anything else.
Add Comment
Real Estate and Foreclosure Articles
1. Industrial Property In Neemrana: Unlock Growth PotentialAuthor: Shankar Estate
2. Eldeco Fairway Reserve Sector 80, Gurgaon: A Lifestyle Beyond Compare
Author: Eldeco Group
3. Top 7 Reasons To Buy Flats In Kochi’s Prime Locations
Author: varma
4. Residential Type Property
Author: Ravinder Kumar
5. Property Flat Rent In Gillco Parkhill
Author: Ravinder Kumar
6. Property Area Sector 102
Author: Ravinder Kumar
7. Property In Jubilee Parklane
Author: Ravinder Kumar
8. Pre-launch Type Property
Author: Ravinder Kumar
9. Villas Property In Sector 110
Author: Ravinder Kumar
10. Property In Jubilee Elvira
Author: Ravinder Kumar
11. The Best And Top Selling Agents In My Area
Author: Haupt Realty
12. What Are The Homes For Sale In Canmore?
Author: Haupt Realty
13. Condos For Sale In Edmonton Alberta And Its Most Hidden Benefits
Author: Haupt Realty
14. Exploring The Best Acreages For Sale Parkland County: Your Guide To Rural Living
Author: Haupt Realty
15. Redefining High-end Living In Thane
Author: Godrej Ascend