Real estate agency: what is its role in buying and selling?

The role of a real estate agency is to support your real estate project. Whether you want to buy, sell, rent or rent a home, the real estate agent will be your main point of contact. Here are the answers to your questions.

Have you decided to go green and buy a property? Are you planning to make a rental investment? Do you want to rent a property? For all these steps, the role of the real estate agent is to support you.

Keep in mind that by using an agency, you will have costs, the amount of which can vary dramatically, depending on the person you are talking to. What is its role in buying, selling and renting? answers all its questions.

What is its role when buying a house or an apartment?

During a real estate purchase project, the role of a real estate agency is to help you find the ideal accommodation , then to support you in the process. The real estate agent must be attentive to your needs (type of accommodation, surface area, number of bedrooms, etc.),

but also to your budget . He can also advise you in a suitable way, depending on whether you want to buy to live or to invest. A real estate agency will therefore be present at the key moments of your real estate purchase journey: visits, offer to purchase, signature in front of the notary.

What is its role in sales?

If you want to sell your home, the role of the Warangal real estate agency is to allow you to sell it as soon as possible, and at the best price. For that she:

  • estimate the price of the property
  • write an attractive ad
  • organize visits
  • select interesting files
  • negotiates the price and has the offer to purchase signed

The real estate agent also has an advisory role on your rights and obligations as a seller. In particular, he will be able to assist you in putting together the file prior to signing the sales agreement.

I want to rent accommodation, what is the point of going through a real estate agency?

To rent a property, the advantage of going through a real estate agency is to save time . Thanks to her expertise, she finds a reliable tenant, and she manages the rental afterwards , if you wish.

The real estate agent can also advise you on the amount of the rent and the rules to be observed as a lessor (type of lease, rent framework, etc.). Finally, the agencies are aware of regulations and legal developments, and work to protect your interests.

I want to rent accommodation, is it interesting to go through an agency?

To become a tenant of an apartment or a house, it is interesting to go through an agency to find the property. Indeed, real estate agencies having several mandates, they certainly have several accommodations that correspond to your criteria.

They are also good advice for putting together a reassuring application file for owners. Finally, they are the intermediary between your owner and you, and ensure compliance with the regulations from the inventory.

How to calculate agency fees, and can they be reduced?

Using the services of a real estate agency comes at a cost. In the context of a sale, it is generally the owner of the home who is liable for it . He undertakes to pay, at the end of the transaction, a commission , the amount of which is fixed when the mandate is signed.

This amount is set according to the agency’s scales , and can take the form of a fixed price or a percentage of the sale price (between 4 and 8% on average, but the prices are free).

Note that the buyer may have to bear these costs if he signs a search mandate., or that he requests it (with the advantage of paying less notary fees, which are then calculated on the net selling price and not on the HAI price).

In the context of a rental, it is the owner-lessor who bears most of the agency fees. These are established according to the tasks performed by the professional, duly provided for in the management mandate (between 5 and 9% of the annual amount of the rents).

As for the candidate tenant, only the costs relating to services such as the visit of the accommodation, the constitution of his file, the drafting of the lease and the realization of the inventory of fixtures which can be charged to him.

These costs must be shared between the owner and the occupant, knowing that the share due by the latter cannot exceed the ceilings provided for by the ALUR law (8 to 12 euros per square meter of living space).

Whatever the case, these real estate agency fees can be negotiated – but without the certainty of obtaining satisfaction!

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