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Real Estate (Budapest)

Dear InterNation members,

I am working in Real Estate business in Hungary. If you or your company are looking for or you would like to sell property you are welcome the contact me every day. Before you delegate a Real Estate Agency or Broker in Hungary you should know some very useful informations about their business. Be careful with which agency are you contracting before you know the informations about them. Many Real Estate Agencies in Hungary are making a non-professional business and having non-educated salesmen. Thats the reason you should contact me before you are deciding the make a contract with an agency or selling by yourself.

Do you need an agent or would you be better off doing it all yourself? Which type of real estate agency might be best for you, dual or single? Should you sign with a buyer's broker? Can you go to open houses and call other agents if an agent is e-mailing you listings? How are real estate agents paid and who pays them? What are the different types of listing agreements?

A real estate agent’s full-time job is to act as a liaison between buyers and sellers. This means that he or she will have easy access to all other properties listed by other agents. Both the buyer’s and seller’s agent work full time as real estate agents and they know what needs to be done to get a deal together.

Similarly, if you are looking to sell your home yourself, you will have to solicit calls from interested parties, answer questions and make appointments. Keep in mind that potential buyers are likely to move on if you tend to be busy or don’t respond quickly enough. Alternatively, you may find yourself making an appointment and rushing home, only to find that no one shows up.

Contracts Can Be Hard To Handle:

If you decide to buy or sell a home, the offer to purchase contract is there to protect you and ensure that you are able to back out of the deal if certain conditions aren’t met. For example, if you plan to buy a home with a mortgage but you fail to make financing one of the conditions of the sale–and you aren’t approved for the mortgage–you can lose your deposit on the home and could even be sued by the seller for failing to fulfill your end of the contract.

An experienced real estate agent deals with the same contracts and conditions on a regular basis, and is familiar with which conditions should be used, when they can safely be removed and how to use the contract to protect you, whether you’re buying or selling your home.

Negotiating Is Tricky Business:

Many people don’t like the idea of doing a real estate deal through an agent and feel that direct negotiation between buyers and sellers is more transparent and allows the parties to better look after their own best interests. This is probably true–assuming that both the buyer and seller in a given transaction are reasonable people who are able to get along. Unfortunately, this isn’t always an easy relationship.

While there are certainly people who are qualified to sell their own homes, taking a quick look at the long list of frequently asked questions on most “for sale by owner” websites suggests the process isn’t as simple as many people assume. And when you get into a difficult situation, it can really pay to have a professional on your side.

If you have any questions or are you planning to negotiate with properties don't hesitate to contact me today. Don't forgett a dollar today is worth more than a dollar tomorrow.

Waiting for your call or mail,

Best regards,

Josep Zara
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