If you are thinking about in buying a houseIf so, you have probably asked yourself the following question: Real Estate or Developer? What is a property developer? We tell you everything you need to know.
A real estate agency is a intermediary between buyers and sellers of real estate. In other words, it collects flats either from owners or builders and markets them.
Real estate agencies are intended to manage the entire process with their customers. To have the best solution for what they are looking for at all times.
In other words, they are based on mainly on earning money through commissions which generally charge only the seller. Working in two ways: Exclusive and non-exclusive.
This option. It means that the agency is marketing your flat and is looking for a buyer. but, that you are free to hire as many estate agents as you want for the same purpose. In other words, you will theoretically have a better chance of selling your flat.
Not many real estate agencies want to work in this way because risks having to invest hours of work and lose the sales commission. However, it is still possible to find some.
Real estate agencies make money from a % of sale on the agreed price charged to the seller or, in the case of new construction, to the property developer. In addition many of them charge the buyer for ancillary services:
In addition, these real estate agencies may have income from other professionals for example, professionals in the fields of renovation, electricity or property management, and charge a percentage for recommending their services to the new inhabitants.
This formula is when the real estate makes the customer sign an exclusivity agreement for the sale of the property, i.e. that can only be marketed by her.
Most agencies work in this way because in this way, they guarantee that their efforts will have an economic return. The exclusivity is usually for 6 months and a contract is signed between agency and client.
A property developer is the one who makes the work but also promotes its sale. That is to say, who is not simply a construction company.
Property developers work in two ways:
Obviously, a real estate developer sells only new construction. In other words, properties that have not previously been owned.
But, there is also the possibility of the developer having a real estate division and market either products from other developers or second-hand properties, also operating as a real estate agency.
Buying a home is a decision that will mark us for life. That is why it is important to be clear about the strengths and weaknesses of buying with a real estate developer
When the time comes and depending on the operation, you may be more interested in one or the other option. What It is important that you always arrange the purchase or sale of your home with a real estate expert.
A real estate agency can provide you with a great deal of knowledge in the sector, find your ideal home and also manage the entire legal process and avoid many problems. In addition to advising you on issues such as the real value of your property, etc.
Whether you are thinking of buying your own home, a second home for holidays or simply a holiday home, If you are looking for an investment opportunity through holiday rentals, we are your best option! Contact us.
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