Sale of house: With or without real estate agency?

Are you going to sell your house and already know that you want to use a real estate agency? Don't waste any more time, contact Casa no Minuto directly. If you are still undecided, get to know the pros and cons below.

Selling a house with a real estate agency: Disadvantages

Selling a house with the support of a real estate agency has the disadvantage of having a cost. In other words, when selling the property, using the services of the real estate agency, they are entitled to a commission on the amount sold.

The value of this commission varies from agency to agency, but usually represents between 3% to 5%, and can be a fixed fee ranging from 2 thousand to 5 thousand euros. However, typically each real estate agency has its own defined fee.

There may still be other costs associated with promoting the property, which will be included in the real estate mediation contract (CMI).

In addition, you may also come across the fact that the real estate agency does not sell your property exclusively, giving the possibility for other competing agencies to work on the sale. This may not facilitate communication, as it depends on one or more agents in decision-making.

But the benefits can compensate

However, the advantages of hiring a real estate agency are greater than the disadvantages. What can compensate, depending on the weight placed on each.

Firstly, by hiring a real estate agent with market experience, you have the ease of assigning an appropriate sale value to the property.

The fair value for the property is difficult to define, as the seller will want to set the value as high as possible, but the real estate agency can adjust expectations according to the property's characteristics and the prices of other properties on the market, especially in the same area.

Therefore, having the experienced knowledge of a professional is an asset in defining the sale price of a property.

Afterwards, you have access to a photographer who takes professional photos of the property to promote it on the respective platforms. This service also allows you to prepare the property for visits in the most appealing way possible. By organizing the property and making it minimalist, with the photographer's advice, you can help make the house more attractive to visitors.

In addition, selling a house involves a lot of paperwork: it is necessary to gather a variety of documents. And it is an advantage to have a real estate agent to help you know how to obtain each document.

An agent assists you with the drafting of the Promise to Purchase and Sale Agreement (PPSA) to ensure what the name itself indicates: that the seller promises to sell the property, and the buyer promises to buy it, before the sale is finalized in the deed. Because it is a contract with legal provisions, it is important that it be carried out with the attention to detail of a professional.

Hiring a real estate agent means you have access to a guide that will accompany you and guide you throughout the entire process, which in itself is costly and bureaucratic.

To do this, you can count on the real estate agents from Casa no Minuto, who are available to be by your side in selling your property. In an empathetic and personalized way, they offer help so that the process of selling your house is as quick and simple as possible.

And if you need support with housing credit issues, you can count on the credit intermediaries Poupança no Minuto.