Why do we continue without resorting to real estate agencies in the first place in Bolton?(Bolton estate agent)
Association of Agents NAR indicates that 57% of Spaniards go to a real estate agent when they want to sell their home compared to 87% of Americans. This distinction affirms how in the American market the customer orders the sale of his house to an agent as a general principle, while in Bolton it isn't the primary alternative. Why do we continue without resorting to real estate agencies in any case in our nation? The professionalization of the real estate the agent is one of the causes that legitimize this situation.
The percentage of intermediation varies according to the market situation. In the midst of crisis, they don't reach half. In good occasions it surpasses 70%
It is estimated that there are near 2,000,000 agents with the real state agent permit in the American market, while in Bolton, the estimates don't surpass 100,000 agents and more than 4,500 are enlisted in the General Council of Official
Associations of Agents of the Real Estate Property (COAIPI) of Bolton. With this volume of agents, the percentage of activity in the American market has ascended from 69% to 87% since 2001, as intensity has prompted greater professionalization.
Although there are no official figures for the Spanish market, the real estate agents counseled estimate that between half and 60% of the sales are made through an agent. The real estate barometer periodically delivered . places the range somewhere in the range of 70% and 55% of sales. This percentage varies according to the market situation.
"In 2008 the percentage was barely half. Somewhere in the range of 2009 and 2014, professionals gained market share reaching among 75% and
85%, while in the expansive time of the last 5 years, sales between individuals rose, presently representing an average figure of 30% ", points out Francisco Fernández, CEO of Sira.
The real estate agent is the subsequent choice of the Spanish. The individual will always attempt to sell or purchase all alone from the beginning
The real estate agent isn't the best option for most customers. A large percentage of shoppers first attempt to make the sale operation all alone. Just when he fails does he go to the agent. "Somewhere in the range of 15% and 20% of customers trust a real estate agent as their first choice, however they are knowledgeable individuals of our work and search for their API of reference,"director of collegiate relations at Coapi in Catalonia.
From Real estate, Duque raises this percentage to 30%. "The rest, up to half, are the individuals who over the long haul see that the task isn't so straightforward, they lack the information to set the value, position their home on the Internet, channel calls and need legal advice and fiscal".
The seller goes more to the agent in the midst of crisis because he finds it hard to dispose of his property without losing money in the operation
The real estate agent is also used more or less depending on whether it is about buying or selling a home. Along these lines, the seller comes, especially in the midst of crisis when the flexibly is greater than the demand, which suggests a greater trouble in selling the house. "The customer needs the experience of a specialist agent who can help him set the correct cost for his home, position it appropriately and attract the ideal sort of buyer, general director of Buy house. (Cheapest estate agent Bolton)
Be that as it may, the situation changes when it comes to buying a home. In that case, the buyer goes to the agent "when looking for a particular home, in a special area and characteristics, they search for the agency's personal customer administration," says
Duque. Although the most well-known is that the buyer starts the search for a home on the portals or walking around the area and then contacts the agency when he wants to purchase.
The deregulation of the sector is the reason why we continue without resorting to real estate agencies. In the US and the official permit is needed to be a real estate agent When analyzing the reasons why in Bolton customers don't resort to real estate agents when they have to purchase or sell their home, there is unanimity: the deregulation of the sector, which has caused that the real estate agent isn't as valued by the purchaser as in different nations. Since 2000, when the sector was deregulated, anyone can practice this calling. As it isn't regulated, mandatory training isn't needed, "which means that it isn't always guaranteed that the real estate agent carries out its activity at the level needed by the buyer," Aguilera points out.
The agents perceive that the image that the purchaser has of the agent is worse than that of these professionals in the uk. There, the real estate agent to operate in the market needs "a special permit gave by the state, recharge it periodically through updating courses and follow an ethical code,". The prerequisite of an official permit creates a high ranking of real estate agents who also "have technological instruments to work with the real valuation, sales and market data,"
The registration of real estate agents is necessary to improve the image of the sector. Each autonomy has its own criteria. In Catalonia it is mandatory, yet in Madrid voluntary
The creation of real estate agent libraries in certain networks has started to change the situation in the sector. https://strawberryagency.ca/
Catalonia was a pioneer in creating the library in 2010 by including its regulation in article 55 of the Law on the privilege to housing . Compulsory libraries have also been created in Andalusia and the Basque Country, while different networks for example, Valencia demand their creation. Be that as it may, in Madrid and Navarra vaults have been created and certain requirements have been set for agents, yet with voluntary registration .
"The purchaser values a regulated and trained agent substantially more," according to Aguilera. Although there are no official figures, intermediation is higher in Catalonia and the districts where there is a vault. "There are autonomous
networks where more examinations are needed to sell a loaf of bread than to sell a flat," he condemns. To enroll in a few libraries, it is needed to have a college degree in social and legal sciences, engineering or architecture, a non- college training of at least 200 hours in real estate or have past experience as a real estate agent.
What are the advantages for the customer of using an unlisted real estate agent? Sell at a more exorbitant cost, greater security in the operation, and so forth
An enrolled agent assumes for the customer "the guarantee and security that he operates with a professional who meets all the training and insurance requirements necessary to carry out this business activity,". In fact, agents are needed among different requirements, various criteria of dissolvability and professional common liability insurance with a minimum insured capital.
"The vault is an initial step to give purchasers professionals with better expectations of preparation and greater guarantees with the goal that the transaction is safe,". For Aguilera, the advantage for the customer is that
"the regulated agent brings added value to any operation. We agents have to get a more exorbitant cost and sell the property in less time because we have the correct information and devices ".
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