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Learn from Propertync
written by Victor Nechetov, Sparkle Homes Estates
It’s 2021! Your children or grandchildren might be on TikTok (don’t ask me what it is)! Of course, there is a multitude of property offers online, free of any charge! And yes, you might be tempted to avoid real estate agents, go direct with your sale or purchase and save the commission! Speaking sincerely, why do you want to use them at all, it looks so simple, anybody can manage to buy a property or sell a property, can’t we?
With all mentioned above looking legit, there are quite a few reasons why you should hire an agent and benefit from his service.
Put a sign on a window. Done! Your purchaser will come to you, nothing to worry!
It only seems like it, but in reality the risk of just doing it alone may outweigh the benefits of saving the commission.
Sell Your Property
Are you only looking to sell to walk-in buyers or considering some online marketing? You might then need to register in one of free or pay websites, take nice pictures of your property, put them through graphic applications to make them look good, lined up straight and bright, downsize them to reduce the webpage loading time, upload them onto the website minding correct order of photos you want it to show, write up a nice description, indicate square footages and all the rest of the miscellaneous details, make your property online!
You are not finished yet! Now take a quick video, edit it with one of modern programs, add some music and make a nice presentation. Open an account in YouTube, upload your video, and share it on your property webpage.
No, no, why all this hassle, juts take few shots with your telephone and upload the way they are. Still going to work!
Modern buyers of “generation Z” are now not only computer literate (have you already checked what was TikTok?), they are also quite demanding, especially when it comes to quality of online services or anything marketed online. Your neighbour’s property for sale with agents will sell first, whereas yours will be still waiting for clients to find it on the website and to like it enough to call you (do you speak Turkish, by the way?). Would you be looking to buy, without a doubt you’d prefer nicely arranged presentation with logical picture order, clear description and a quick video walkthrough with professional comments on the background, wouldn’t you?
Real estate agents in North Cyprus are official companies formed legally, united in a Real Estate Agent Union, they have offices, staff of workers, sometimes even uniforms, company cars, they are very well presented online with websites and social networks.
Most of the Real estate agents will come to your house on a sunny day, take professional pictures and make video presentation, and upload it to all possible websites including their partners throughout the world. And yes, they will put their sign on your window.
Funny enough, they don’t even charge you for any of this.
On a further note Real estate agent will not charge for any client talks, persuading the customers to come to Cyprus, sometimes arranging them flights, assisting them with quarantine related matters, picking them up from hotel, helping them with housing, driving them around the island, bringing them to your place, presenting your place in a way it becomes attractive and appealing to them, negotiating the price with them, arranging deposit payments, getting in touch with lawyers if both sides, coordinating the documents, payments, bills, etc. to be made ready for completion. Finally they make sure the sale has been completed and the payment for the property has been made.
The Real Estate agent's work does not finish there, most Real estate agents stay in touch or even make friends with their clients and continue providing a whole list of after sale services without any further charges. By the way, real estate agents will also help you to rent a property in Northern Cyprus land or in any other region.
Brief statistics, a bit of insider kind – most builders’ properties are sold by real estate agents. Large apartment complexes, off-plan villas, apartments, studios – mostly sold by real estate agents.
Your neighbours’ property must be sold by now. The choice is yours.
Buy a Property
When you are buying a property from the builder, there is one or few sale managers including ones speaking your native language, who will be happy to assist you with any matters related with a sale. Sale of a property they build. One of their properties. That particular builder.
Not sure which builder to pick? Contact another, then another, then another. If you have all the time in the world and endless energy to put it all in order and compare all these multiple options including sizes, prices, payment plan offers, gift offers, completion terms, etc. – it starts to look like a full-time job!
My only recommendation – hire a real estate agent.
A real estate agent is supposed to check price updates, availability, gift offers. Agents regularly receive new pictures, videos and the rest of marketing materials. They are in day-to-day contact with builders, aware of any news and future plans.
For your real estate agent, it is less time consuming, less hassle and, generally, less effort, as opposed to yourself, to put together a competitive chart of 2-3-4-5 or more different options from variety of builders. Saving your time, saving your energy.
Still worried about agent’s commission? Did you know that agents offer you builders’ properties at exactly same prices as you buy it from the builders?
Most resales are becoming very desirable to real estate agents, especially when it is possible to have a sole agency agreement for even a limited amount of time. Agents will spread a word and market such property using their partner’s network internationally and locally. Eventually this may work for both a property owner and an agent.
Reputable agents have always got hundreds of resale options in their portfolio as their name brings sellers to them. Often more affordable than off-plan and ready-to-move in these properties are constantly of high demand by international buyers as well as the locals. Fully furnished and air conditioned, having white goods installed, private pools and established gardens, such properties are located at prime positions, not available for building by developers, thus making them ticking all buyers’ boxes!
Hire a real estate agent and he will search every property for sale in your area of interest, he will get in touch with other agents, search websites and even drive over the area looking for suitable property for sale.
It makes it a hard job for an agent to collect information and put together suitable options, present it all to the client with photos and videos, arrange viewings and make all the rest of client related work. It requires dedication and patience, which a professional agent should possess.
Have a look at what real estate agents have in the box to offer you.
The real estate agents know what to offer you and will save your time by offering suitable properties, they guide you through the purchasing process and assist in every stage of the sale.
Provide you an advanced knowledge of the market, legal aspects of specific sale, bank mortgages conditions, they will check all documents and save you lots of hassle.
Work with their partners’ networks and offer more property options, they have connections with lawyers, property managers, contractors and help get cheaper deals on any service.
They have experience and can see problems which may potentially occur in relation with specific property, documentation or location.
Real Estate agents guide you through the process of valuation your house to the sale completion, when it comes to purchasing – they advise the realistic price to be negotiated.
Also, real estate housing agents negotiate for you, and they do it on daily basis, believe me, they are good in negotiating. They use their own ways of talking to people, often being very good psychologists.
Find property options which are not listed on any website. Many people do not prefer to have their property marketed openly. Agents will offer them to you along with others.
Save a huge lot of you time and energy, by doing lots of preparation jobs and only offering you the selection of properties that fits your requirements.
They have their own relationship with builders and often can offer discounts from builders’ prices, of course, within some reasonable values.
Agents will stay in touch with you after the sale is completed and will often become your friends in Cyprus, aware of all local news and on easy telephone reach.
You can find any part time real estate agent to sell or buy a property but Real estate is a full-time job. Your agent is on duty, want to call him after office hours? Most probably, he will pick up the phone! Modern reality dictates modern attitude from people, professional, experienced and quick to do the job. Even when your real estate agent is busy, a real estate virtual assistant will always be in contact with you. In real estate offices, one person is usually assigned to follow the listings on the websites. They see the advantage to hire a virtual assistant, even when the consultants are out of the office, virtual assistants for real estate will meet the needs of the consultants via remote access and make complete presentations to clients at the right time.
Without a doubt, it seems very advisable to hire an estate agent if you are looking to buy or sell a property in North Cyprus. It will save you lots of hassle and provide you with valuable service, which, most of the time, cannot be received otherwise. On a short note, hiring a real estate agent is the only hassle-free way to go when dealing with properties’ sale purchase.
looking to move to North Cyprus ?! Propertync portal offers a wide range of apartments and villas for sale. you don't want to miss out on some of the latest real estate projects and special offers.
written by Propertync Media
date : 05/03/2024 hour : 11:59 AM