ECKLAND PROPERTIES are Real
Estate Agents in Cape Town, South Africa servicing properties throughout
the Western Cape and more specifically the Northern Suburbs of Cape Town.
Specialising in the rental and sale of residential property in "Goodwood,
Parow" "Type: house, vacant land, apartment, flat, town house."
Choosing an Estate Agent
There is undoubtedly a huge amount of information that is readily available on the Internet, so many will ask why they should hire an Estate Agent. They may wonder whether they could buy or sell privately to save on the commission earned by Estate Agents. Some people do okay, but many struggle. So, if you’ve wondered the same thing, here are some reasons why you might want to consider hiring a professional Estate Agent.
- You don’t need to know everything about buying and selling property if you hire an Estate Agent that does;
- Determine the level of service they are offering. Question their knowledge of real estate sales transactions, financing, the property market in your area and the current interest rates;
- Certain agents specialise in certain neighbourhoods and Buyers in that area will obviously migrate to those agents. They possess knowledge of the neighbourhood and are able to identify comparable sales and provide this information to you. That’s the agent you should consider choosing;
- Rather than telling an Estate Agent how much you want for your property, let them tell you how much they believe you can get. They are, after all, the experts. Ask them to give you a suggested asking price and a likely selling price and ask them to explain how they arrived at those figures;
- The Estate Agent receives a commission for their service and the Seller is responsible for paying this commission. The current commission is around 8% plus VAT, but most Estate Agents are willing to negotiate the amount. Make sure this commission is only payable on transfer of the property;
- Check what they intend doing to make sure any potential serious Buyer has the financial ability to do so. Once you have somebody making an offer, the person may not be able to get a home loan, but this may only come to light several weeks later. In the meantime, you may have received another offer from someone who could afford the repayments;
- Check whether the Estate Agent is part of a multi-listing service and ensure that your property is multi-listed as soon as possible. The agent should arrange an “open hour”, which is like a show day but is held during the week for other Estate Agents to view the property. These other agents can also give guidance on the pricing and may already have potential buyers.
The majority of Estate Agents are highly reputable professionals who aim to do the best job possible. Whilst the Estate Agent technically works for the Seller, a good agent is one that brings value to the Buyer as well and can quickly conclude a deal that is mutually beneficial
ECKLAND PROPERTIES are Real
Estate Agents in Cape Town, South Africa servicing properties throughout
the Western Cape and more specifically the Northern Suburbs of Cape Town.
Specialising in the rental and sale of residential property in "Goodwood,
Parow" "Type: house, vacant land, apartment, flat, town house."
Email us for more properties in other Towns!!!!!!!!!!!!
