3 Disadvantages of Hiring an Estate Agent to Rent a Property in Malta
Renting may be a fantastic supplementary source of income if everything goes according to plan, but with so much to learn and consider, the process of renting a property in Malta or Gozo could be stressful.
Although finding a reliable real estate agent might decrease longevity and help you find tenants quickly, here are three disadvantages of using an estate agent to rent a home in Malta.
1. Cost
A real estate agent’s services don’t come for free. Since you’ll be paying a fee to the estate agent, it’s important to weigh up whether the service justifies the cost for you.
2. A bad agent is worse than none at all
If the chosen agent isn’t up to the task, your property for rent due to price, or other factors, might sit there gathering dust.
3. May rent quickly even without an agent
If your property is in a highly desirable location or has other features that make it particularly attractive, like a great view or was recently renovated – it could be that there is no need to hire an agent.
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