Finding a great waterfront property for rent and heading to a city like Fort Lauderdale, which attracts some 10.5 million visitors every year, is a great way to spend a vacation in the sun. If you do that every year, you might want to take a look at waterfront property for sale by owner and make an investment of your own. While some might be hesitant to buy from an owner, rather than through real estate firms and professionals, there can actually be several advantages to doing so. Those benefits can help you find a great waterfront vacation property that you can enjoy summer after summer and that will prove to be a worthwhile investment.
Typically, realtors include their six percent commission in the asking price, and many will pad it even more since, as prices go up, so do commissions. By avoiding realtor fees, many sellers will be able to list properties at lower prices. As a result, buying waterfront property for sale by owner might be the better option if you have a specific budget in mind.
Negotiate With the Seller
Along those same lines, buying from the owner will also allow you to negotiate directly with the seller, rather than through a third-party realtor. The process becomes much more straightforward when the parties do not have to worry about a realtor’s commission, and the personal touch can help both reach a compromise. Negotiations can be difficult, but going through them directly with the seller can make them less cumbersome.
More Efficient Lines of Communication
Sometimes, the rigamarole of talking to a seller through a realtor can make the process overly-complicated and lead to misinformation and slow down communications entirely. By looking at waterfront property for sale by owner, your questions will go directly to the seller. That should allow you to get an immediate and accurate response, easing the burden of buying.
Work With Motivated Sellers
Individuals who sell their homes on their own likely want to get rid of their property quickly and to the right buyer. Because of that, they might be more motivated than a realtor and be more willing to work hard to make a deal. That can be vital in helping you not only find a great price, but move through the buying process quickly and effortlessly.
Though buying directly from a seller has its advantages, realtors do have a place and can be quite helpful. That is especially true if you want to buy a home in a city you don’t live in and can only visit occasionally and determining whether to buy from an owner or through a real estate firm is an important part of the buying process. Read more blogs like this.