Real Estate Agent in Malaysia

In reality, this is how it works with property agents work, especially in today’s market:

You contact the agent and arrange a meeting. You then wait a week for the agent to arrange to take photos of your property. The agent draws up the particulars of the property once the photos and measurements have been taken.

An efficient agent will have the property in the local newspaper within three weeks. If you are lucky the property will also appear on an internet site.

So five weeks or so after first contacting the agent you may begin to get viewings. The home must be cleaned from top to bottom and any refurbishments required must be taken care of which could cost you anywhere from RM500 to many thousands of ringgits

Urgent House for Sale

The average number of viewings for a property to sell is between ten and fifteen. Let us be optimistic and say it takes only ten viewings to find a buyer. That means the property must stay in pristine condition for another three to four weeks.

Finally, after nearly eights weeks somebody is interested and they want to buy the property! He needs to arrange a mortgage which will take anywhere from five to seven weeks. His solicitor contacts your solicitor and the searches and relevant legal work are undertaken in the meantime.

At this critical moment in the sale he could so easily pull out because buyers very often do!

What if he is unhappy with his solicitor’s findings? What if the mortgage falls through? What if he is offered another property he likes? What if he cannot sell his old home? There are many external factors affecting the buyer over which you have absolutely no control.

Assuming the buyer is happy with the legal side of things and the mortgage offer is given, the sale goes through almost three months after the first contact with the estate agent. That is three months’ worth of mortgage payments.

This is an optimistic scenario. What if the agent didn’t find a buyer? What if you were forced to drop the price to achieve a quick sale? What would you do if you were “gazumped”? What if your buyer was “gazumped”?

The huge amount of time estate agents take to sell properties could leave you exposed to many factors which could seriously affect the progress of your sale.

While your Estate Agents has all the knowledge needed to buy and sell homes in traditional scenarios, he or she most likely lacks the knowledge an resources to save or sell a house that is in distress. In addition, solving some the most complex problems require lots of transactional money and risk. Tell your Agents to put his own money into your deal, and you will see how fast he runs.

Quick Sale Property

Your typical Agents won’t offer you the benefits we offer. These benefits include;

  1. Fast Sale: As mentioned above, we are not interested in adding misery to your life. This is the sole reason why we do all we can to speed things up. You Agents is interested in slowing things down so that you can sell your house at a throw away price.
  2. Cash Basis: We specialize in buying distress properties only. We therefore understand the need for the transactions based on cash basis only. Agents are known to be shifty i.e. they can resell your house on credit basis plunging you into more problems.
  3. Avoid Auction: We have been in the industry for long and built strong relationships with major financial institutions. We are therefore in a better position to help you avoid auctions because we know banks don’t benefit from Auction. In worst case scenario’s, you may lose your home without getting anything in return. In such cases we can help you in legal battles to ensure that you get something out of your hard earned investment.
  4. Help You Get Back on Your Feet: Unlike your typical Agent, we care about what happens to you. This is why we offer relocation services. We will help you relocate to a suitable house to help you get back on your feet.

If you are in danger of loosing your house, please pick up the phone and call us at 019-3113551 for a free consultation.

Let us help you get back on your feet again.

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By | 2018-02-15T07:48:08+00:00 May 7th, 2015|Reasons for Selling...|