When it comes to purchasing real estate in Naples Florida, one of the main advantages of buying from a private individual is that you avoid agency commission fees and realtor finders fees. Furthermore, if you are a good negotiator and know how to make a deal, it’s possible you could persuade the owner to drop the purchase price quite considerably. Many people underestimate how much they can save by putting the right offer can presenting it in the right way. If you are not very good negotiating, it would probably be best to hire the services of a professional real estate broker to communicate with the seller on your behalf.
Now, before you can start negotiating on the sale price, you first need to find a property in Naples Florida that matches your criteria. Private owners often don’t advertise their properties very well, so often it can be hard to find out who is selling. Many sellers do as little as putting a “for sale” sign in their front yard or one of the windows of their home, hoping passersby will see it. Other sellers try to reach a wider audience by advertising in local newspapers, so make some you buy some of the city’s top-selling circulations, as well as picking up all the free newspapers that are distributed.
The internet has been the best tool to advance independent property sales in recent years. You might see people nowadays even advising their Naples real estate condos on eBay. Some of the most popular free classified sites are craigslist and gumtree. Many realtors also allow private sellers to list their homes on their websites for a small fee. Just remember when looking at photographs of an apartment on a fancy website, the property might not look quite as good in reality. That’s why it important to make sure that you always organzine property viewings.
When it comes to the disadvantages of looking for a property from a private owner, organizing viewings is perhaps the main one. If you want to look at say twelve different properties on the same day, you are going to have to contact twelve different sellers individuals. If you were searching for a place through a real estate agent, however, they could organize multiple viewings on the same day with numerous sellers very easily.
When viewing a private property, you need to know what to look out for. If possible, you should bring someone who knows a bit about building structures and property maintenance with you. It can be easy to overlook major flaws with an apartment or condo when you are fixated on the beautiful location of the property. It is for this reason that bringing someone with you to view properties is a good idea. Ideally, you want to bring someone as independent as possible who can give you an honest assessment of each place.
Never allow a seller to make you feel under pressure to put in an offer. New properties are hitting the market every day, so you don’t need to rush your decision, especially if you are planning to invest a considerable amount of money.