When it comes to selling or buying real estate, many people choose to sell as a private seller and buy their own property without having good real estate advice or end up choosing the nearest agency without worrying about the service it will offer for the sale and purchase of their property. This is due to the fact that most of the people who choose these formulas do so on the basis of certain erroneous myths that we will detail in this article.
Myth 1: “A real estate agency only wants your money. They don’t care about finding you the best options”
FALSE! Not all real estate agencies are the same, because in every field, there are good and bad professionals. Therefore, it is very important, before contacting the services of an agency, to find out about their experience, transparency and ask for opinions about their team of professionals and their working style.
And if you are looking for a reliable real estate agency to find your dream villa in Marrakech, VILLAS MASTER can help you with all the administrative, technical, etc.
For a professional real estate agency, the most important thing is the satisfaction of the client, because the best advertisement is the recommendation given by our former satisfied clients. The reputation is important, because there is a lot of competition.
Myth 2: “It is more expensive to invest through a real estate agency”
FALSE! This myth is the most popular and the most erroneous, because the commission received by the real estate agency is a part of the initial price of the property. The price is the same when buying directly from the owner or through the agency, because the payment of the real estate agent corresponds to the seller, not the client.
Myth 3: “Choose the real estate agency that gives the highest price for your home”
FALSE! You need to be very clear about the real value of the property and how the market will behave at the time of sale, how properties with these characteristics sell in the area, consider the positive and negative aspects of your property, prepare it to be worth more and follow a marketing plan that gets the best price possible.
If an agency gives you a high price, but they don’t know how to explain the reason for the price or what they are going to do to get buyers, then it is possible that their goal is to grab the property at any cost, to show that there is no interest in the property, so they end up lowering the price several times.
We advise you to make your decision based on the real estate agency that speaks to you most clearly, that offers the most rigorous market research and the best marketing plan.
And if you are a potential buyer, work with an agency that explains how it arrived at the price it is offering.
Myth 4: “All real estate agencies are the same”
FALSE! As in any profession, there are good and bad real estate agencies. A good agency knows the market, has the necessary experience and has proven itself to be able to sell your property quickly and at the right price.
A good agency can advise you and find you the properties that suit your expectations. With experience, real estate agents can quickly know the expectations of their clients.
Also consider that the best real estate agencies are those that, among all their advantages, also distinguish themselves by the personalized treatment and after-sales service they offer.
Contact Villas Master and you will give your own opinion on the quality of our agency.
Myth 5: “Everyone can buy and sell homes”
From the outside, we always see everything easier, but at the end of the day, not everyone can sell and buy real estate.
The real estate agency has a big responsibility, they sell one of the most valuable assets we all tend to own, a home. That is why the real estate agent who is in charge of the whole process must be duly registered with the housing department.
The search for the perfect home can be tedious due to the number of factors that need to be considered and getting the best possible price can be a big battle between the real estate agent and the owner.
Many people want to buy their properties themselves at the risk of getting ripped off; not to mention the other great deals that these people will never find without the help of experienced real estate agents. And if you are a foreigner in a country, the intermediary of a real estate agency is really recommended. With this alone, we can say that working with an agency offers many advantages.
Myth 6: “I will save money if I don’t use a real estate agent”
People usually think that by not paying a real estate agent a fee, you will make more money on the sale of your property, but that’s not necessarily the case.
What does a real estate agent do? Sell properties and of course at the best possible price. Knowing how to deal with owners, negotiate with potential buyers and knowing what documentation to process is not for everyone. This is why selling your own home can be chaotic.
Perhaps for many reasons, you end up negotiating even more on price than if someone who knows how to do it and is dedicated to it did. You have to be realistic and see that a real estate agent knows many situations and most of the time knows where to go.
Whether it’s selling, renting or any other form of marketing a property, it’s not an easy task, as bringing an owner and a potential client together involves several processes, and what the agency is looking for is to close the deal in the best possible way and under clear and secure conditions.
The peace of mind and security that a good real estate agent gives you is invaluable as it gives you the support and confidence to review all the documentation so that it is not incomplete and the property is properly sanitized.
To conclude, we will just tell you that the myths that exist around the collaboration with real estate agencies are just that, myths. The truth is that more and more people are entrusting the sale and purchase of real estate to real estate professionals, who carry out the business to the satisfaction of both parties.
At Villas Master, we will be happy to assist you throughout the process of purchasing your luxury villa or riad. So, feel free to view our offers and contact us in case you find the one that suits you.
