NO ADVISOR TO GUIDE YOU
To buy a property without a real estate broker is to deprive oneself of many advantages and expose oneself to risks and regrettable consequences. The prudent buyer needs to know what risks he or she faces in order to make an informed decision. Here are some of the disadvantages and risks of working alone.
NO ACCURATE ANALYSIS OF THE REAL ESTATE MARKET
The buyer without a broker is deprived of the advanced tools of the professional, such as detailed market statistics, which allow him to establish the right price of the property he is interested in: he may therefore pay more than the real value of the property. We have state-of-the-art tools and market knowledge that allow us to properly assess the value of each property in a given area.
NO NETWORK OF EXPERTS
We have a network of competent professionals who can intervene in the real estate transaction: mortgage brokers, building inspectors, land surveyors, soil analysis specialists, notaries. Without a broker, you could forget to consult the experts who would allow you to make informed decisions, or consult people who do not have the necessary skills.
LESS SPECIFIC KNOWLEDGE
Real estate is an area that requires significant technical, legal and administrative skills. You may not have all the specific knowledge necessary to present a complete promise to purchase, you may not know the professionals to consult to finance the purchase of your home. Your promise to purchase could be rejected, the signing of the notarial deed delayed, or you could end up without property if he has already sold his.
Emotions play an important role in the decision to buy a property. For some people, the “blow of heart” is the most decisive factor in the choice to invest or not its savings in a house or a condo. You have difficulty with the emotional detachment required and you may fail to consider negative elements of the house you are interested in.
Since you are without a broker you probably do not have liability insurance, you risk losing a lot in case of difficulty and lawsuits. We are subject to the Real Estate Brokerage Act and other requirements: we take full responsibility for the transaction.