4 situations when you should change or not use a Property Negotiator
Today I’m going to share with you some tips of when you shouldn’t make use of a property negotiator to buy a property. Please note that I’m not saying that you shouldn’t use a property negotiator at all. I just want to pin point some situations of where you should not use a particular negotiator. I have decided to write this hub as yesterday I finally managed to get a property negotiator to see a property and I was disgusted by the service. Here are reasons or situations of when you should not use a property negotiator:
- As you might already know, no one does anything for nothing therefore a property negotiator needs to get paid for his service, which is fine. They get paid by getting a cut off the sale price. Normally real estate agencies charge 5% which is quite expensive. As much as possible avoid real estate agencies to save money. If you have a free time you may look around yourself, if not you could always find a broker that normally charges only 1%.
- If the property negotiator is reactive instead of proactive just swap him with a better one as it might result in disappointment. In my recent experience with a property negotiator I had been asking to view a property for two weeks. When he finally set the appointment the property was sold. I can assure you that I was very pissed off.
- If the property negotiator cannot answer your questions or answers badly cause of lack of knowledge change him immediately as his ignorance may lead you to trouble. Once I asked the property negotiator if the property I was interested in was freehold. He looked puzzled and told me that it should be freehold. Such behaviour is unacceptable; I changed the property negotiator the next day.
- If the property negotiator stays hurrying you into buying a property change him. Remember that to buy a property you’ll be forking out a lot of money therefore you have to take your time to choose the right property. Don’t let him hurry you into buying because you will regret it.
I hope that the above points were helpful. As always feel free to leave a comment if you would like to participate.