Buying a home is usually a difficult process. We are regularly hearing stories of people who lost a fortune buying a house. However, selling a house is an equally difficult thing. This is because a house is an illiquid asset that is very difficult to sell. There are two main ways of selling a house. You can sell the house yourself. You can alternatively use an agent like CENTURY21 to sell your property. Here are the top reasons why you should consider the latter approach.
Table of Contents
A good real estate will help you sell you sell the property fast. This is simply because of two main reasons. First, the real estate agent is paid on a commission basis. They are not paid anything if they don’t sell the property. Therefore, they are always motivated to sell the property so that they can get the commission. Second, the agents have a big database of potential customers who are interested in buying the property.
A Better Price
As mentioned above, the real estate agent is paid for every property they sell. Also, they are paid based on the closing price of the property. Therefore, they will do the best they can to ensure that they sell the property faster and at a higher price. An international real estate company like CENTURY21 has contacts in all countries who may be ready to buy the property.
Better Selling Strategies
If you have not been in the real estate industry, chances are that you don’t know how to sell. We see this all the time. For example, you likely don’t know how to stage the house. You also don’t have a team to take quality photoshoots for the property. These are the small details that help agents sell faster. Therefore, these agents know the industry inside out. They know how to stage and how to present the property. Using their services will make it easier for you to sell.
Some of the biggest buyers of properties in Cyprus are foreigners. They are mostly from Russia. As an individual seller, you may not know how to reach these customers. These are the people who want to spend more money on a property. Therefore, most big agents have international networks that make it easier for you to syndicate your property. This is the complex process of having your property listed in international magazines and websites. Also, most of these agents travel to events around the world to promote their properties.
You are not a real estate professional. As such, there are things you don’t know about the industry. Therefore, having an experienced agent will be a good thing because of the consultation aspect. The agent will guide you on things like taxes and the amount to pay to local authorities. They will also have good options to improve your house for the marketplace.
Selling your property by yourself may sound like a good deal. A good deal because you will keep all of the amount of money you sell. However, there are challenges for doing this. For example, it will take a lot of your time to sell the property. You may also sell it at a lower price. Therefore, using an agent is a win-win situation for the two parties.