The real estate market involves a number of key players in the real estate market, each specializing in different aspects of the property transaction process—from property search to contract signing, and from securing financing to the final handover. Let’s break down who does what, the differences between an agent and a hunter, and the roles of brokers and notaries in the real estate ecosystem!
Real estate agents are professionals specialized in the sale and purchase of properties. Affiliated with an agency, their role is to facilitate the sale of a property by handling promotion, arranging viewings, negotiating contracts, and managing communication between property owners and potential buyers.
Unlike real estate agents, property hunters are not tied to any agency, giving them the freedom to search for a home that meets your specific needs! After you explain what type of housing you are looking for and what lifestyle you aspire to, the hunter will search through both agency listings and private sellers to find the real estate that matches your criteria.
Notaries play a crucial role in real estate transactions in France. They are responsible for drafting and certifying official deeds of sale. Their involvement ensures the legal security of transactions and compliance with prevailing regulations.
Engaging a mortgage broker can greatly simplify the process of finding financing. They are tasked with assessing your borrowing capacity, assembling your application, presenting it to banks, and negotiating rates and terms. We explain why you should use a mortgage broker here.
Conclusion:
Each key player in the real estate market plays an essential role in the functioning of France’s property industry. By understanding the responsibilities and areas of expertise of each, buyers, sellers, homeowners, and investors can make informed decisions and successfully realize their real estate projects!