ServicesNvm Rik Feijen 2 juli 2021

What does a broker do?

Are you planning to sell your house and look for a new one? Then it is best to enlist the help of a real estate agent. They can help you with many different things. You often don't realise this, but it can only benefit you. What exactly does a real estate agent do? This is a question that must be answered before you start using a professional. Therefore, read on and discover what you can expect from them.

What a broker does for your purchase or sale

A real estate agent does not always have to be called in. It is not an obligation when you want to buy or sell a house. Therefore, you always determine first if you will need the help or if you can handle it all on your own. A real estate agent can also help you with various processes. Here too, you have everything under control. Whether you only need help with some parts of the process or whether you want to outsource everything: everything is possible when you look for the right person. It is therefore wise to first make a list of everything for yourself, so that you also know what to expect.

Different activities for every estate agent

What a broker does is very diverse. A broker can offer you the right guidance in searching, finding, selling and buying a house. For this, different price ranges can be found. You can namely go to a physical broker, where you will find other prices than for example at an NVM broker. This Internet broker uses namely package prices, while a physical broker works based on a fee according to the sales amount. Because of this, these amounts vary considerably in comparison to an Internet broker.

More than you initially thought

The guidance that the estate agent can offer you is very diverse. At the guidance you will initially think of the planning of a visit or the preparation of the documents, but there is much more. For example, the estate agent can help you determine the price for which you are going to buy or sell the house. Also, this person will explain the rules that apply to buyers and sellers and see how and when the house is delivered or received. This will give you a much more complete picture of the possibilities and options you have. You also know exactly what your rights and obligations are, so nothing can go wrong legally. Of course, the negotiations can also be arranged.

The advantages of a sales agent

When you start looking at what a broker does, you will also discover the advantages of the broker. For example, a broker knows faster which houses are for sale. You only see it when you go to the website of a broker or when you see a sign in the garden. The estate agent may therefore already have some homes on offer that are not yet included on the website. The estate agent also takes care of a lot for you. The negotiations and the drawing up of contracts are taken care of. Because of their extensive knowledge, the estate agent will not let himself be led by the emotions that can play a large role during a sale or purchase. This makes it more realistic.

The fees as a disadvantage

Despite the fact that there are many advantages, you do have to take into account some disadvantages. As already mentioned, a certain fee is charged for the work. With an estate agent, this is called a commission. When you sell your house for a large amount, these amounts increase considerably. An option to reduce these costs, is to buy an internet broker. They work on the basis of fixed prices. You know in advance where you stand. Some estate agents also have advertising costs to take into account. Also, some estate agents feel pressure to sell the house. Make sure that you do not get carried away by this pressure and do not make any hasty decisions.

Obligations to take into account

A real estate agent not only has a lot of work to do, but also has obligations. And what does a broker do with these obligations? The agent must always be able to tell you what his work entails and how he performs it. It can also help you if the estate agent tells you how successful he is. The buyer and the seller of the same house should not be helped by the same person at the same time. This can lead to a conflict of interest. It is therefore wise to go and see who this person helps, so that you can be sure of enjoying benefits.

The conditions for a brokerage

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