What is better: to look for an apartment yourself or to turn to real estate professionals?
Why do I need a broker if I’m buying a flat?
What is better to risk alone or..? You’re right, buying a condo in itself is a pretty doable task.
When a person decides to acquire a new home, he in one way or another has to plunge into the topic of construction, pricing, determine for himself which is better secondary or new building, establish the reliability of the investor. Thus, the buyer tries to protect himself from unpleasant surprises in the form of falling tiles in the bathroom, wet walls after rain or banal overpayment. Deciding such important issues requires serious research on the subject and serves as a kind of safety cushion against a failed investment. Nevertheless, many choose to look for an apartment on their own, believing that the main advantage of this option is saving the commission for the agency. This is true, but only partially, and here’s why:
- One of the main drawbacks of such a solution is the inability to adequately cover and assess the entire market. Dozens of Plovdiv developers are building thousands of square meters of housing every day, you will need hundreds of hours to travel and inspect. How do you reconcile this with your work and daily tasks?
- Timing is key. Sometimes a person rushes to reach a deal, sometimes, on the contrary, he delays. The result is often the same: a completed transaction on suboptimal terms.
- The high risks. It is quite difficult for a person without experience to assess the reliability of the investor and the quality of performance. This may lead to delays in the implementation of the project or even to its non-implementation.
- The legal clarity of the issue is one of the most important topics in real estate search. No warranty, no third party owners or hidden encumbrances. Are you prepared enough to take on such problems?
There will be a dozen more such questions. Is the money saved on commission worth the risks? The question is rhetorical.
Just buying a condo is a minefield, and not everyone will be able to go through it. Using the services of a professional broker, you can seriously save. Choose your real estate agency carefully, and then you’ll soon be able to really enjoy your great acquisition!
