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AN AGE OLD QUESTION: SHALL I SELL MY PROPERTY PRIVATELY?

Property News

AN AGE OLD QUESTION: SHALL I SELL MY PROPERTY PRIVATELY?

It is for sure genuine that some property agencies have gathered for themselves a scary reputation. That has been mitigated somewhat in recent years by the proactive approach taken by RERA in weeding out some of the worst offenders.

The easy answer is that there is nothing, legal or regulatory, keeping you from showcasing and offering your property yourself. There are various online property portals you could use and also the printed press to promote the unit. When you have an offer you're glad to acknowledge instruct a conveyancing company to guide you through the contract and transfer process. However, you are unrealistic to think you can do any of this as effectively or efficiently as a professional real estate broker will, with their access to marketing budgets, social media presence, a steady stream of pre approved clients and the ability to close a deal.

So how do you avoid the shark pool of property agents standing by, ready to mishandle your transaction? How do you find a new dentist? Maid service? Restaurant? You don’t talk to the first person who cold-calls you. You get a recommendation, online or from friends that have sold. Also do a bit of research. Check that they have a decent website. Does the agent you’re dealing with have their own Rera card (some companies have one card that each agent uses)? Do they work in your area? Do they seem genuine, knowledgeable, professional and trustworthy? Do you like them? 

In the event that they tick the greater part of the above, let them know they can have the unit only yet just in the event that they give you week by week reports on who the unit's points of interest have been imparted to and what number of viewings have been done on it. Additionally let them know that you need every single other representative to experience them, you would prefer not to be annoyed by each agent under the sun..

You can sell the house yourself, but a good agent will save you hassle and get you a better price in the end.

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