Buying or selling a property is a major business transaction, so it’s important to approach the task in a suitably professional manner, seeking expert advice before you start. An experienced local estate agent will always be a crucial asset throughout the transaction, bringing a wealth of knowledge about real estate and the region to your search. This is especially true when buying abroad. The presence of a third party promises a level of objectivity with regard to potential investments, so it’s essential that you consider your choice of agent carefully, looking for someone you implicitly trust and respect.
In order to agree on a property’s asking price, you’ll need to be aware of relative values in your chosen property market. Before you commit to a sale, a real estate agent will provide you with a realistic valuation of the property to help you achieve the most lucrative return on your investment. Estate agents can also advise potential buyers regarding negotiation margins and acceptable offers.
Before putting your house on the market, you might want to consider upgrading certain key elements. A new infinity pool, high-end exterior landscaping or a gym with premium facilities may well be on an interested buyer’s list of essentials. Draw on your estate agent’s expertise to assess which changes are a cost-effective way to improve your property’s desirability. When it comes to purchasing, a knowledgeable real estate agent will be able to match a property’s potential to your requirements and advice on the feasibility of development or remodelling.
Shrewd marketing can have an enormous impact on the outcome of a property sale, both for vendors and prospective buyers. A profitable transaction is partly reliant on prime market visibility and favorable first impressions. Real estate agents are uniquely placed to target prospective buyers, with access to high-end property websites and in-house advertising experts as well as an expansive portfolio of clients. Furthermore, as a buyer, an estate agent can arrange early-bird viewings of exclusive properties that may not yet be widely advertised.
Properties on the market should be consistently available for viewing, even at short notice. Working with a reputable real estate company will ensure minimal interruption to your schedule, as the agent organizes meetings with potential buyers and guides them through the purchasing process. Estate agents offer buyers the opportunity to survey the full estate at a measured pace, and can answer queries about specialist issues including potential development, neighborhood valuations and conditions of sale.
Property negotiations require delicate handling and benefit from a third-party spokesperson. Enlisting a skilled estate agent will guarantee that transactions are handled professionally and the correct legal procedure is followed. This outsourcing of administration management extends to the large amount of paperwork that buying or selling a home inevitably generates. Experienced estate agents will be intimately familiar with every detail of each form and contract you have to complete, and can be an invaluable resource should any complications or disputes arise.
Engel & Völkers provide outstanding levels of service to both purchasers and vendors of exclusive properties. For more information or to start searching for your new home, just visit our website.