Advantages and Disadvantages Using the services of a Brokerage House
Broker Brokerage House Services
However, not a few people who are reluctant to use the services of a broker. The cause is the broker often blamed because raise the price too high. To see the advantages and disadvantages using of a broker, let's compare selling house using of a broker and selling its own.
The advantages using of a broker
The house faster to sold
A broker must already have a marketing network properties. Thus, the broker may reach a potential buyers wider.
Saving energy and time
You simply provide the specifications of house to the broker and you are just waiting for buyers at home.
Not uninterrupted the telephone call
If you use the services of a broker, the seller will not be disturbed by telephone that comes from an unknown number. That is, we are free from the interference of people who simply ask the price because prospective buyers can directly contact the broker.
The disadvantage using of a broker
The commission fee
Commission for brokerage services is obligatory. According to the Regulation of the Minister of Trade on Trade Intermediary Company Property, commissions to brokers at least 2 percent. The amount of commissions can be negotiated at the earliest.
Risk of fooled
Generally the brokers take care of things around the sale, including certificates. That the danger is real and broker requesting a certificate in "black out", for example mortgaged. So, be selective in choosing a broker.
Tied
If from the beginning has contacted a broker to ask for help sell the home, meaning the existing bond between the seller and the broker. Moreover, if the broker in under the auspices of a legal entity. That is, if there are buyers who come not through a broker, the process of buying and selling still involves the broker.
Advantages of selling your own home
No cash commission
Without using the services of a broker, means the process of buying and selling we do ourselves without any commission. The commission 2 percent it's passable, although the brokerage house services more better than the commissions to brokerage that you paid.
Can change house prices
If you use a broker, we must contact the broker if you want to revise the price. Contrast to selling its own, we are free for price revision that we are want it.
Disadvantages of selling own homes
Advertising
Being marketing for their own home can be a hassle. You can stick the word "SALE" on the fence of the house, but the range will be wider if advertised at other locations, such as sites of buying and selling on the Internet.
Must stand by
We must be ready to pick up the phone from the prospective buyer. Although It could be the sound of the phone at midnight.
Manage your own certificate
Broker will manage all the documents of sale, including its cost. So, we must be ready to busy taking care of the letter relating to notaries, banks, and others.
Conclusion
- View the comparative of advantages and disadvantages of the above, using of the broker service apparently more profitable than selling your own home.
- The Commission of 2 percent is negligible compared with the hassle of selling your own home. In anticipation of broker fraud, we can find the brokers under the auspices of the company has a certificate.
- Real Estate Broker's Association, which has members with proof of certification credible. In fact we can also make a first agreement with the broker that if there are buyers who came directly without going through a broker, could be accepted. However, this agreement must be made before the broker work.
- Using the services of a broker, the house seller will accept everything is okay. No need here and there looking for a potential buyer. Especially if you need to sell your house quickly.