Парцел

Very often in practice we run into  major documentation problems after we have a buyer or even a deposit left. Examples abound of old, unliquidated mortgages or unliquidated old claims for judicial partition and others coming out in the  certificate of encumbrances. Examples of unrecorded properties in the cadastre, mismatched square footage, unreported or misreported properties and/or co-owners in the tax assessment,  illegal houses, out-of-regulation or subject to restitution parcels and many others are not rare. All of these create the risk of the return of double the deposit or subsequent litigation. To avoid this - do a analysis of the property being sold before you start offering it!!!

Think about this: your property is your money. Would you give 10 leva to a complete stranger to manage it? And 1000 leva? And 100 000 leva? That's right - you wouldn't. However, that is exactly what you are doing by giving your property to many agencies. They will advertise it on the same websites, with the same texts, with the same pictures, very often at different prices. Some of them will trick you by listing it for the lowest price you are prepared to accept, others will state in the text of the advert that the price is subject to comment, but most importantly: you probably have a limited pool of buyers with whom you can strike a good deal and the information that will lead to a deal may not reach them. The first thing a would-be buyer thinks when they see your property being sold by multiple agencies is that either the property is in trouble or you are in dire financial need and will accept a much lower price than advertised. Either way you will create distrust in the buyer. What's more. Imagine you have given your property to 10 agencies who are advertising it in the relevant region in a given price range. Now, imagine that another 50 owners advertise their properties with 10 agencies in the same region. That's over 500 properties that will come up on the search engines, and there are actually 11. But what will the buyer think? Subconsciously they will tell themselves that there is a huge supply of properties in this area, which will not be true. Usually,  you have one or two chances to get the right person to buy your property: what if they fail to get in touch once or twice with the broker who recruited or got the wrong or incorrect information from them? Or does he want a viewing on a specific day and time and is refused one? You won't get a deal.  So your property should be offered by a maximum of two agencies, controlling the level of offering - high quality photos; a well presented and described property; active advertising on all possible websites and social platforms.