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  • Profile photo of hedwighedwig
    Member
    @hedwig
    Join Date: 2008
    Post Count: 4

    Can't tell you anything about the market, but we lived one year in Greek and I would reckon every deal which is not made personally is something cheated. Really, we were not able to pay anything online, you had to go always personally. Greek bureaucracy is a real nightmare. And Greek people are very nice but cheating is a national sport, nothing mean but with a guy buying from far away..
    You must go personally look talk make friends and then after learning a bit of the language then you may be able to buy.
    My husband had a collegue who rented an apartment from abroad with a real estate agent.  He paid twice as much as we did and the apartment was miserable. I don't know the buying market as we rented, but I guess it is not  – as in most parts of Europe – dominated by real estate agents. The usual way paper adds etc. , but better you know someone who knows someone…

    Profile photo of hedwighedwig
    Member
    @hedwig
    Join Date: 2008
    Post Count: 4

    Thanks, Scott for the answer. I am not decided yet if with or without agent, however in most countries no agent is used. The contract anyway does the solicitor. 2-3% of are at least $6000 after tax for this you may work nearly a month. some people even more. However if you get better results with agent then that's another thing.

    When we bought, the agent didn't do much and I would have preferred talking to the previous owner as I could have asked questions about the house. The agents we met buying our house didn't have ANY idea of the houses. Which material? Don't know! When Built? Maybe ah I don't know. Asbestos? Maybe. They didn't only have any idea about the particular house, but they had NO technical idea about houses in general, all of them. We didn't receive plans, we didn't receive names of tradespeople who worked there before, we didn't see old bills what was done, nothing. Short for me it was VERY hard to see an advantage buying with an agent.

    A cover of paint is maybe not a lot of money but a lot of pain, and this does not refer to the painting itself  but for the preparing, but I guess it would be really value adding. On the other hand I don't like buying a property recently painted, as i may cover damages like leaking roofs. Then there is the question painting the whole house simply off-white or in a light colour sheme.

    However the main question is: how quickly will the market break down?? And how quick do we need to sell?

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