An individual or a group of individuals when engages themselves in arranging transactions between a seller and a buyer is called a means broker. They charge a commission if the deal is executed. The deal is executed only when both the buyer and seller agrees to each other’s terms and conditions. The Swedish term used for a broker is mäklare.
Merits of hiring a broker
There a various advantages and reasons why you actually need to hire a mäklare. They ae as follows:
- At many case if you hire a mäklare the deal becomes cheaper. Like in case of small markets, small accounts with a limited number of products.
- The brokers understand the market way better than you. They can take you to a large base of sellers and give you a wide variety of choices. If you are new in the market then you might hardly know about the sellers and get limited choice and eventually be a looser.
- The advantage to the seller is that they have access to very few customers and thus they cannot expand their business. But brokers might bring many new customers and you can expand the business easily.
- The brokers also help to negotiate the deal between the buyer and the seller. They speak for both and help them to a reach a decision to which both the buyer and seller agrees.
- There might be many buyers as well as sellers in the market who are cheaters. The brokers are very well aware of them and would not take you to them.
Services and Basic details
There are a variety of brokers available in the market. In an area like Sweden there are a lot of people searching for homes- people who have newly shifted for work, students or their might be people who used to stay in Sweden but do not possess a house of their own and are searching for a new house. There are also a lot of people who are shifting out of Sweden therefore they want to sell their house, or they might possess a big house a part of which they want to sell or rent but they do not know the needy. That is when a mäklare is needed.
A real estate broker is one who carries out the transaction of buying and selling houses, offices, real estates.
- If you are the seller you should contact them provide them the legal papers of the house without which they would not carry put the transaction.
- The seller should also contact the mäklare in advance because it requires some time to find the required buyer for you.
- The buyer should provide the necessary detail about the type of property required like:
- Price within which house is required
- Number of rooms
- Number of persons who will be staying
- Period for which you are likely to stay
- Main purpose of buying the property like residential, business, educational etc.
- When there are many buyers bidding is done or at times it is directly sold to a single buyer as per the seller’s order.
- The commission charged is very minimal and the payment must be done on time.