Once we have decided to sell our property. Now is the time to face another tough decision. Do I sell the apartment as a private individual or contract to a real estate agent?
It is true that the first option, selling the apartment on your own, is very tempting since, obviously, you save the real estate commissions. And, why lie, the reasoning is totally logical: the fewer expenses the more you can get out of the sale.
But, you have to keep in mind that reality can be very different. There are studies in which they affirm that the sale rate is usually quite low and the owner usually spends more if he sells on his own.
So, we are going to give you 4 reasons why you should hire a property management company.
1. Although it may not seem like it, selling a house is not that easy. Great property management will help you simplify the entire process related to the sale of the property.
You have to think that the best chances come in the first weeks. It is absolutely essential to have the instruments and the negotiation skills necessary to sell when it is time to do so.
2. Home management companies are very good allies to avoid fraud and scams. When hiring a real estate agent, he reviews, verifies, and collates the documents of the potential buyer to ensure that everything is going correctly.
On the other hand, the future tenant is also protected, since the real estate agent has to verify that the documentation of what is being sold is in order.
3. The third reason to hire great property management is to avoid mispricing a property. As you already know, the price of a home or an apartment is a critical factor in the sale. You may have a deep knowledge of the real estate market and that, based on objective criteria, you are able to determine the real price of your home.
But this is not common and one of the reasons people decide to hire home management companies is the inability to sell a property after playing with the wrong prices.
4. Knowing how to promote a home has its technique, its protocol, and its work. You have to know what means to use and how to describe a home. Also, you should know how to select information requests and how to justify the price to the interested party, among other skills and knowledge. Having great property management, who knows how to carry out these activities will help you enormously.