At what point should you engage a sales real estate agent?
Have you decided to sell your house? In this article, you will discover at what moment it is best to contact a real estate agent so that you can make the sales process run smoothly and prevent double costs as much as possible. We give you practical tips and insights to get started well-prepared. Success!
Go directly to:
- When is the best time to approach a real estate agent?
- What happens after engaging a real estate agent?
- Is it also possible to sell your house without a real estate agent?
- What if you are not satisfied with your real estate agent?
- Conclusion
When is the best time to approach a real estate agent?
If you have decided to sell your house, it is wise not to wait too long to engage a real estate agent. Especially if you have already bought a new house, it is important to take action quickly. The selling process of a house takes an average of 2.5 months, from the moment you look for a real estate agent to the moment of the notarial transfer. The longer you wait, the greater the chance that you will have to deal with double living costs or a bridging mortgage.
As soon as you engage a real estate agent, the sales process can really begin. A real estate agent has the ability to put your house on Funda, which is crucial to reach a large audience. Finding a suitable real estate agent usually takes 1.5 to 2 weeks. In our article about the best time to put your house up for sale you can read more about the different timings of the sales process.
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What happens after engaging a sales real estate agent?
So, it's wise to engage a sales real estate agent as soon as you've decided to sell your home. For instance, when you've bought a new house and want to sell your current one as quickly as possible to avoid double costs. Only when you have a sales real estate agent, can your house be put on Funda (private individuals can't put their homes on this platform).
For this, photos and possibly a video must be made. It's important to prepare your home for sale before this time - and also during the viewings. In our article about preparing your home for sale, you'll find our tips for a good result! The sales real estate agent schedules the viewings for you and does the tours. Hopefully, the first bids rolling in shortly afterwards.
This process from scheduling viewings to receiving bids usually takes 2 to 8 weeks. After accepting a bid, it takes 1 to 6 weeks for the purchase agreement to be signed. The final transfer of the property, depending on the agreements with the buyer, can vary from 1 to 12 months.
If you've already bought a new home, it would of course be nice if the new occupants can move in quickly. So, take this into account when considering accepting a bid. Your real estate agent will, of course, assist you with this.
Is it also possible to sell your property without a real estate agent?
Although you can also choose to sell your house without a real estate agent, this brings a lot of responsibilities with it. You have to determine the asking price yourself, take photos, promote your property without Funda, arrange and guide viewings, negotiate with potential buyers and even draft the sales agreement. In our article about selling a house with or without a real estate agent you can read more about it.
You can also choose to take partial services
You can also choose to use partial services from real estate agents. Here you outsource certain tasks, such as advertising on Funda or drafting the sales agreement, to the real estate agent. You do the rest yourself, which saves you costs.
Should you notice that you're unable to sell your property yourself, you can always contact a full-service sales real estate agent. With their expertise (and possibly some strategic adjustments), the sale can often get back on track quickly. In the meantime, you would have spent a lot of time, money and energy on the sales process. So always think twice before deciding to take on the sale yourself (partially).
What if you are not satisfied with your real estate agent?
Sometimes the cooperation with a real estate agent does not go as you had hoped. In that case, you can consider switching to another real estate agent. However, this can entail costs, such as withdrawal costs or even a double real estate agent commission. In our article about switching to another real estate agent you can read more about this.
It is therefore important to read the cooperation agreement carefully before you start working with a real estate agent. To prevent dissatisfaction with the cooperation with your real estate agent, it is also important that you choose the right real estate agent. In our article about choosing the right real estate agent we give you some golden tips. Go through these before you start comparing real estate agents!
Conclusion: don't wait too long
Engaging a sales real estate agent is an important step in the sales process. The sooner you involve a real estate agent, the quicker your property will be on the market and the quicker you can complete the sale. By being well prepared and not unnecessarily delaying the process, you can avoid potential financial risks such as double charges and move to your new home worry-free.
