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Saturday, May 5, 2012

Things you need to know about buying and selling a home

When it comes to buying or selling a home can be a bit confusing. Not only do you need to find your perfect home is actually necessary to take surveys on it, and deal with lawyers and property and rental agents, both of which have fees.

People often forget to include property and leasing agents' fees in their plans for financing the purchase of a home, and end with a larger project than they thought.

Here is a quick guide to make sure you get the best value of your estate agents fees and leases.

All agents charge for their services, but how much they charge depends on whether you use a single agent (one of the farms and leasing agent) or use a multi-agency.

Most of the vendors to go with the single body, since it is the cheapest option, the burden of between 1% and 2% of sales.

Multiple sales agencies tend to cost between 2% and 3.5% - you pay the agent of success, but this is the best choice if you need a quick sale.

Goods and let the agents work on a percentage or flat fee. For larger homes, often choose to work on a fee based on the percentage, as may be greater than that of small houses.

Properties on the cheaper end of the market tend to sell in exchange for a fixed fee - but the math in advance as this can often prove more expensive than the fee based on the percentage.

It is important to remember that the valuation of homes is an art not a science, there is no formula for property and letting agents to use. Because of this, it is important to consult with the various valuations and discuss their positions.

Note that the norm is to have a difference of 10% to 15% among the agents recommended retail price, be suspicious of anyone who gives you a higher price.
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