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How to claim after buying a home if hidden defects appea
13th April 2022 -
How to claim after buying a home if hidden defects appear
12th April 2022 -
How to claim after buying a home if hidden defects appea
11th April 2022 -
The swift system and other financial sanctions on Russia: what they consist of and what their effects are
13th March 2022 -
The swift system and other financial sanctions on Russia: what they consist of and what their effects are
12th March 2022 -
Rustic land in Spain ages: only 10% of the owners are under 40 years old
11th March 2022 -
Spain needs 1.2 million rental homes to meet demand, according to Savills
10th March 2022 -
Spain needs 1.2 million rental homes to meet demand, according to Savills
9th March 2022 -
Spain needs 1.2 million rental homes to meet demand, according to Savills
8th March 2022 -
THE HOUSING LAW REACHES CONGRESS
7th March 2022
10 REASONS NOT TO SELL A PROPERTY BETWEEN INDIVIDUALS
30th June 2022REAL ESTATE GROUP NEXUS, INFORMS
5. Private sellers end up selling for a lower price
On average, private sellers who manage to sell do so at an average discount of 16%, according to NAR data.
Owners do not have enough time to fully dedicate themselves to the process, they do not know the market prices of the house, they do not know the meaning of the contractual terms and they do not establish an adequate sale price.
6. Private sellers take longer to sell
Unless the owner knows someone who wants to buy a home like theirs, the process takes a long time to find potential buyers. And as long as the established price is adequate.
Once the interest of some buyers has been achieved, it remains to show the house to each one and negotiate the offers.
7. Private sellers lack representation
Who do buyers consult when the home they are interested in is directly represented by the owner?
Who assures them that the fixed price is really the market price?
And if there is a hidden deficiency in the house, how is the individual going to support the expenses?
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