I have a relatively cheap apartment I am about to sell. We noticed a builder in the apartment block doing a renovation and agreed a price with him to replace some of the torn wall paper.
We haven’t chosen an agent or even estimated the selling price.
The builder contacted us today and said he knows someone who would be interested in buying the apartment. My wife got nervous about selling the property without using a Real Estate agent (which would cost us 3% + 60,000). My understanding is that as long as we use an accredited scrivener (which we would have to use anyway) there’s not much to worry about. As far as I know the agent just puts together a buyer and seller.
Has anyone had any experience of buying or selling without a Real Estate agent – or are aware of any possible issues? TIA
by usefulcatch