Tuesday, 29 January 2019

Without An Estate Agent UK Buyers Are Likely To Make Costly Mistakes

By Christopher Harris


The fondest ambition of most people is to own their own homes. To this end people work very hard, they save wherever the can and they often make sacrifices to make this dream a reality. Buying a property is a very big decision requiring a major financial commitment. These transactions are complicated and governed by many laws. The matter should therefore be approached with great care. However, by using an experienced estate agent UK buyers are not likely to make expensive mistakes.

People try to save money and to this end many people prefer to buy or sell their properties privately. They use the internet and social media to advertise and communicate. Unfortunately, they seldom save anything. It is easy for sellers to misrepresent themselves, to make promises that they have no intention of keeping and to lure buyers into making unrealistic commitments. Mistakes always end up costing a small fortune.

Buying a house can be time consuming. When people decide to buy, they have certain needs and wants and they want to get as much as possible for their money. Novices seldom know where to look for properties that will suit their needs, In addition, they find it difficult to judge whether a specific property is priced realistically. Agents can help them to not only save time, but also to save money and to find the ideal home.

Realtors ask their clients to compile a list of their requirements. This is normally broken up into non negotiable aspects such as the number of bedrooms, negotiable issues, such as the presence of a swimming pool and features that are definitely not wanted. Other issues such as the proximity to schools and shopping malls can also be added to the list. With this list the realtor can find his client a suitable property.

Realtors earn commission and will therefore only be paid when a transaction is finalized. This gives them incentive to try very hard to meet the requirements of his clients in as short a time as possible. They will show the client suitable properties, point out potential pitfalls and, one a decision is made, complete all the paperwork. Thereafter he will make sure that the transaction proceeds through the channels as quickly as possible.

Realtors not only help their clients find the ideal property. They are also experienced in negotiating with sellers to obtain a better price or to wrest certain concessions from them. The realtor may, for example, get the seller to agree to certain repairs or renovations as a condition of the sale. In this way the client saves even more money and trouble. The realtor can also help the buyer to obtain the best financing.

Successful realtors are more than just salespeople. They make sure that the entire process goes smoothly and that the client is one hundred percent satisfied. To this end they will even help to organize the services of a reputable and trusted moving company. He will recommend the services of known contractors to do plumbing electrical and other work. In this way he secures future business.

For most people, the purchase of a property is the single biggest transaction they will ever enter into. Mistakes can be extremely costly and even financially ruinous. It just makes sense to rather use the services of a reputable and experienced realtor that will almost certainly save time and money.




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