There are numerous benefits a property owner looking to sell their property or an aspiring homeowner or tenant looking for rental space can derive from a working relationship with a qualified estate agent.
For example, from their local knowledge of the real estate market, the estate agent can help the property owner determine the best time to sell, market their property more effectively and get a better price. On the other hand, a tenant is more likely to find rental space much easier by harnessing the power of an estate agent with extensive mastery of the local property market.
This article briefly highlights how estate agents in Dublin such as Conerney can help you achieve your property goals and some considerations to remember when choosing the ideal estate agent to work with.
Benefits Of Engaging A Qualified Estate Agent
You can exploit their market knowledge
Indeed, few situations can be more challenging than looking for a house to buy or rental space in a new neighbourhood. Luckily, working with a knowledgeable estate agent can provide the insight you need to determine the availability or demand of the type of housing you want to buy or sell, the price or rental charges, and other critical factors like location.
On the other hand, if you are looking to sell a house, it is helpful to consult a local estate agent to gauge whether you have priced the property accurately or are ripping yourself off. They will also decide the right time to enter the market.
You can benefit from their extensive networks of lessors, potential lessees, buyers and sellers
If you want to sell or lease out your property, consider talking to an estate agent with a waiting list of prospective buyers or tenants looking for space in Dublin. This can make it easier to sell your property quickly and reduce marketing costs.
Estate Agents Are A Time-saver
Working with an estate agent saves you time as they will handle all the work needed to sell your property successfully. For instance, buyer or tenant evaluation, taking potential buyers to view the property, negotiating and filling in most of the paperwork for you.
On the other hand, if you are looking for a rental property, they can help locate the kind of rental space you need based on the factors you need, like the size of the housing unit, location, and budget, among other vital dynamics. In this way, you can dedicate your time to other affairs.
Helps To Market Your Property or Rental Space
One of the fundamental premises for effective marketing is identifying the target customers and developing a customized marketing strategy to increase the chances of closing the deal successfully.
Here, an estate agent comes in handy as they can help to list the property, take quality videos and pictures, create impactful property descriptions and market the property effectively based on its strong and attractive qualities such as a garden or waterfront. Showing the property is in the best light is often the key to unlocking a better deal and getting a better offer.
Factors To Consider When Looking For The Right Estate Agent To Work With
Ensure they are registered with the relevant professional bodies, such as the Society of Chartered Surveyors Ireland or the Irish Auctioneers and Valuers Institute (IAVI). This way, you can ensure you are dealing with a professional and guarantee quality standards in their services.
You need an estate agent with sufficient local property market knowledge. Look at their record of sales or leasing of space in a particular area to gauge their understanding of that market area where the property for sale is located or where, as a tenant, you need rental space.
Also, determine how long they have been in the business, their team of professionals, read their customer reviews and testimonials, and online ratings to get an idea of how they interact with other clients. It is helpful to enquire if they offer any other services to help close a deal, e.g. financial advisory, services for rent arrears, free valuations etc.
As earlier mentioned, working with an estate agent with extensive knowledge of the local property trends, prices, and availability of different types of property or housing units can help you sell your home promptly and for a reasonable price or find the rental space you need much faster.
Review of their marketing strategies
If you want to sell your house through an estate agent, you can assess their marketing techniques like social media, website, and other channels to narrow down the most preferred estate agent.
Remember, the ideal estate agent requires an effective, rigorous, innovative, and vibrant marketing plan to reach out to potential tenants or property buyers straightforwardly.
In addition, evaluating their agency fees is vital in helping you sell your home for a reasonable price or lease out space cost-effectively. Therefore, check out their fees before committing to working with any estate agent.
Ordinarily, they charge a fixed fee or ask for a percentage of the sale, which can be between 1% and 3%. They might also charge you conveyancing fees, advertising and marketing, and Building Energy Rating Certificate. Ensure you talk about the costs before you proceed.
Lynn Martelli is an editor at Readability. She received her MFA in Creative Writing from Antioch University and has worked as an editor for over 10 years. Lynn has edited a wide variety of books, including fiction, non-fiction, memoirs, and more. In her free time, Lynn enjoys reading, writing, and spending time with her family and friends.