There are many myths surrounding real estate agency services, and one of the most common is the belief that buying through an agency automatically means additional costs for the client. In reality, this couldn’t be further from the truth. In this article, we will explain how real estate agencies work, who pays for their services, and why using an agency is advantageous for clients in every way.
Myth #1: Real estate agency services are expensive
One of the most widespread myths is that buyers must pay the agency for assistance in selecting and purchasing a real estate property. However, the reality is quite different. In the primary real estate market (when purchasing a property directly from a developer), the developer pays for the agency’s services, not the client.
For the buyer, this means:
Myth #2: Agencies may sell properties at higher prices
The real estate market is strictly regulated. The price of a property is always determined by the developer. It is fixed in their internal documentation and remains the same for everyone, regardless of whether you purchase the property directly from the developer or through an agency.
It’s important to understand:
Thus, choosing an agency does not increase the cost of the property but instead adds convenience and confidence to the buying process.
Myth #3: I can save money by searching on my own
At first glance, searching for real estate independently might seem like a cost-effective solution. However, in practice, it requires significant time and financial resources. You will need to:
Without professional assistance, it’s easy to overlook critical details, which could lead to mistakes or even financial losses.
A real estate agency not only finds options that meet your requirements but also handles organizing viewings, negotiating with developers, and preparing all necessary documents. This saves you time, effort, and money.
Myth #4: Agencies don’t handle legal matters
Another misconception is that real estate agencies only help select properties and that clients are left to handle all legal issues on their own. In reality, agencies offer a full range of services, including:
Working with an agency ensures the legal integrity of the transaction and protects you from potential risks.
A Key Feature of the Real Estate Market
It is crucial to note that property prices are determined solely by the developer. Neither a real estate agency nor any private intermediaries are allowed to sell a property at a price other than the one set by the developer.
This means:
This principle ensures equal opportunities for all buyers and eliminates the risk of unjustified overpayments.
The Benefits of Working with a Real Estate Agency
Here’s what you get when you choose an agency:
Conclusion
Working with a real estate agency is not only convenient but also a rational choice. You save yourself from stress, save time, and get expert support at every stage of the transaction. Most importantly, you don’t have to worry about additional expenses: all services are paid for by the developer.
Don’t believe the myths: buying through an agency is not an overpayment but a smart decision for safety, convenience, and professionalism. Trust the experts, and your real estate purchase will be smooth and hassle-free!