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Belgium is one of the largest and most densely populated countries in the world. This means that there is always a great potential for buying and selling real estate in Belgium.T here are a number of ways to buy or sell real estate in Belgium. The most common way to buy real estate in Belgium is through an online platform.
Belgium is a great place to live and work. With a population of over 10 million people, there are plenty of opportunities for buyers to find a home. When it comes to buying real estate in Belgium (https://www.bluehomes.com/Immobilien-Belgien/B/de/debut.html), it is important to do your research first. In order to make an informed decision, it is important to understand the different Belgium real estate markets, their regulations, and how to get started.
The problem with real estate agents is that you never really know whether they are working for you or against you. So how can we find real estate agents that will actually work in our own interest and who we can trust?
First of all, real estate agents aim to sell as much as possible as fast as possible. Their job depends on it so there is no reason why they shouldn’t do their best to achieve this goal. They might be very nice during the first meeting but once you hire them, they switch to another gear: pushing and pressuring your for a sale at all costs. That’s because real estate agents want and need volume and turnover (and real estate commissions) in order to survive. If we take into account that most real estate agents only receive a real estate commission on real estate sales, we can understand their real estate agent motivation.
The real estate turnover rate is the number of times a real estate agent sells a real property during a given time period (usually one year). If an organization has 100 real properties and only 50 of them get sold in one year, the turnover rate is 50%. The higher their turnover rate and the more properties you sell per year, the better for your realtor: he/she will make more money.
Some realtors claim their goal is to sell as little properties as possible in order to secure high average selling prices for all clients (and thus more revenues). This sounds like a decent strategy but it depends on how many potential buyers there are out there. If there are a lot of potential real estate buyers out there, it might be a good idea to first try to sell as much as possible first and then keep the best real estate deals for last.
On the other hand, if there aren’t many real estate buyers around (as is now the case across most countries) realtors indeed have no reason to push properties than those that provide them with the biggest commissions. This is why realtors usually tell you: “We sold your neighbor’s house 3 weeks ago and we’ll do our best to sell yours soon too”. Unfortunately this also means your realtor will probably not work hard enough on selling your property since they will always go for the easiest and quickest option: find another realtor who will sell your property faster and for a higher real estate price.
Real estate agents typically receive a commission of 5% to 7% on the real sale price, plus tax. If realtors have an easy time selling real properties that means they can pocket more real estate commissions with less effort. For realtors, each additional real estate property sold is an extra 5% to 7% real estate commission earned. In other words: the harder it is to find clients willing to buy a particular type of property, the greater the realtor motivation will be in adjusting their prices accordingly or even giving them away completely!
