Making the Most Out Of A Buyer’s Market

When you’re out on the hunt for the perfect home to purchase, you may get somewhat confused with all that is available on the current local Malta real estate market. Your desired property may be lurking out there somewhere amidst hundreds of others. 

Whether you are seeking a one-bedroomed bachelor’s pad on the nearest seafront or a 19th Century palazzo in one of the old cities. There is just so much listed on our never-ending lists of available hot properties for sale in Malta and Gozo whose owners are hankering to sell. And so, the current Maltese real estate scenario is your typical buyers’ market and the onus is on buyers to have a ball.

Current properties available for sale 

There are a lot of properties for sale in Malta or Gozo to choose from and one can be pretty selective in more ways than one. Having such a wide choice also means you can be picky and negotiate harder because sellers are finding out that it takes that much longer to clinch a sale. 

However, this may prove to be somewhat confusing for those who go at it alone and purchase a hot property for sale in Malta that meets your needs. Since with more to choose from, there is a risk of getting nowhere fast. This is why engaging with a Malta real estate agent makes so much more sense as an estate agent like a RE/MAX Malta estate agent can simplify the buying process. 

Malta real estate agent

A professional Malta real estate agent is trained to sell and hunt for the currently available properties that best match his/her client’s criteria. He/she will consider and re-consider how to match each potential buyer with any of the properties available. The property agent does this by firstly making a list and highlighting all the available hot properties for sale in Malta and then asking a series of important questions to the buyer about his/her ability to purchase the desired home.  

With a knack for examining any type of property comparatively, weighing all options and coming out with the best selection out of the lot, a Malta real estate agent stands for a quicker purchase with peace of mind all around. 

Advantages of choosing a real estate agent

Some advantages of choosing a real estate agent to help you buy a property in Malta involve: 

1. Real estate market knowledge

A real estate agent will know the going market price for each property category and the limits of reasonable price fluctuations. An agent will know that unless the property is within the 10% bracket of the current market price, it may not be your best bet after all.

Furthermore, a real estate agent will have all the tabs on a wider property selection than you could ever dream of. Coming from a large estate agency such as RE/MAX, for instance, means an agent will have literally hundreds of exciting properties spread out over both islands for you to choose from. Hence, a R/MAX agent will help you climb the property ladder easily. 

2. Experienced agents

Whilst the trend abroad indicates that at least 70% of property sales are made via an agent, here in Malta only some 30 – 40% of properties sell in this way. Most people go it alone, little knowing that their experience could be fraught with difficulties and mistakes only an agent can manoeuvre without a hitch. However, we got your back, read about some helpful tips on property hunting. 

3. Save time

Getting a real estate agent to pre-select properties for your viewing list means you will be saving that much more time because the agent will know what you want and what there is on the best offer. The agent’s own pre-visits to properties to secure viewing appointments may mean you get to view properties that are prepared to welcome you to a suitable viewing.

4. Organise trips

A professional Malta real estate agent will organise trips to a list of properties that are targeted with your ideal purchase in mind including ideal location, size, price tag, set-up, etc.

Real estate agent guidance

You can make the most of the current buyers’ market scenario if you are rightfully guided through by an experienced negotiator, because every self-respecting negotiation will require some bargaining on the final price, the number of furnishings left in place, contractual conditions, deposits, etc.

Ultimately remember that the buyers’ market scenario is not going to last forever. Take advantage of the prices dictated by such a market and you may land the bargain of your dreams …… thanks also to the skilled Malta real estate agent by your side. Read more about the fundamentals of the real estate market before deciding to buy hot real estate for sale in Malta or Gozo.