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Selling real estate without an estate agent?

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Would you like to sell your condominium or house and want to save costs? Many owners think about selling their property without an estate agent. After all, it can’t be that difficult. But it soon becomes clear that selling an apartment or house is anything but easy. There are numerous documents to obtain and appointments to be made with the notary. But what many people don’t know is that you have to brief the notary yourself if you don’t use an estate agent and mistakes can be expensive.

What problems are there when selling without an estate agent?

A real estate agent takes care of the smooth running of the sales process. Their tasks range from valuing the property and obtaining documents to coordinating with the notary and the local authority. He or she is responsible for marketing the property, examining interested parties, contacting them and presenting the property to them and then taking over the negotiations until buyer and seller reach an agreement.

Most sellers only realize what needs to be considered when they want to do without an estate agent. The estate agent assesses the property, obtains all the necessary documents and discusses the purchase contract with the notary. If an estate agent is not used and mistakes are made, this can be expensive for you as the seller.

Advantages of a real estate agent

A professional estate agent has a serious overview of the market. They can tell you how much your property is actually worth, explain the key factors that determine the value of your home and give you valuable tips. You probably already have an asking price, but don’t know whether it is realistic. You might have put your condominium on the market for a significantly lower price without an estate agent.

If you use an estate agent, you will save yourself a lot of time and work. Obtaining all the necessary documents, preparing the exposé and meeting with potential buyers takes a lot of time. A professional real estate agent will take care of these and other tasks for you.

A real estate transaction involves many bureaucratic processes. Drafting the contract is a key element where mistakes should be avoided at all costs. If you do not hire an estate agent, you must inform the notary of all the relevant details yourself. If you make a mistake here, it can have expensive consequences.

You want to sell your property at the best price, but also want to complete the sale as quickly as possible. The estate agent will take care of professional marketing. They are well connected, may have potential buyers in their customer base and will present your property on various sales channels.

That's why it's better not to sell a property without an estate agent

Your trusted estate agent is almost like a constant companion during the sale of your property. It is important that you choose an estate agent you trust and who gives you a good feeling. You are placing your house or apartment in the hands of this person and you need to be sure that you will receive the best possible service.

That’s why you should choose a real estate agent who takes time for you. Let them give you detailed advice and value your property. You don’t have to worry about obtaining the documents, you can focus on other things and know that your estate agent will find a serious buyer for your property. With an estate agent, you always have a competent contact person at your side who will ensure that the sale of your property is handled professionally.

Note

We endeavor to take the greatest possible care when creating the content for this website. However, we expressly point out that the accuracy, completeness and topicality of the content provided may change at any time – even at short notice – and that this may no longer be the case at the present time. Furthermore, we would like to point out that the information provided is not to be understood as individual legal, tax, financial or other professional information, recommendations or advice. It cannot replace individual case-by-case advice from a competent person and is not suitable as a basis for decisions. Information on the liability of Stonehedge Real Estate GmbH can be found here.

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