Advantages:
Cost Savings: Purchasing directly from the owner helps avoid paying commissions and additional fees charged by real estate agencies, which can significantly reduce the overall cost of the property.
Direct Negotiation: Dealing directly with the owner allows buyers to negotiate the price and payment terms directly, potentially leading to more flexible terms and better prices.
Realistic View of the Property: Visiting the property and speaking directly with the owner can provide buyers with a clear and accurate understanding of the property’s condition and history, aiding in making an informed decision.
Disadvantages:
Legal Risks: Without a real estate intermediary, there is an increased risk of encountering legal issues, such as unclear ownership deeds or outstanding debts on the property.
Search and Verification: Finding suitable properties and verifying their validity can be cumbersome and time-consuming without professional assistance.
Lack of Professional Evaluation: The absence of a professional appraisal can lead to paying more than the property’s actual value or overlooking potential defects that may affect the property’s future value.
Working with a Real Estate Company Like “TurcKey Properties”:
Working with a professional real estate company such as “TurcKey Properties” can offer many advantages that help mitigate the drawbacks associated with buying directly from the owner. The company ensures the protection of buyers’ rights by providing comprehensive legal support and reviewing all necessary documents to guarantee the transaction’s accuracy and safety. Additionally, the company offers access to the best available property deals in the market, thanks to its extensive network of relationships and in-depth knowledge of the Istanbul real estate market.
While buying directly from the owner may seem appealing in terms of cost and negotiation, the legal and procedural risks make it crucial to carefully consider this decision. Engaging with a professional real estate company like “TurcKey Properties” provides security and peace of mind, ensuring the best deals with favorable terms and complete legal protection, making the property buying process smooth and rewarding.