How to Buy an Apartment in Poland: On Your Own or with a Real Estate Agent?

Buying an apartment is one of the most important moments in life, requiring careful consideration and informed decisions. In this article, we will explore whether it is more advantageous to search for an apartment on your own or to use the services of a real estate agent. You’ll learn the pros and cons of both options, as well as practical tips to help you make the right decision.

Searching for an Apartment on Your Own: Pros and Cons

Pros of Searching on Your Own

• Cost Savings: No need to pay a commission to an agent, which can be several percent of the apartment’s price.
• Full Control: You choose the apartments, analyze the offers, check legal documents, and make decisions yourself.
• Flexibility: Access to various sources of listings without being limited to an agent’s suggestions.

Cons of Searching on Your Own

• Time-Consuming: Monitoring offers, contacting sellers or developers, and arranging viewings require significant time and effort.
• Legal Risks: Without experience, you may overlook potential legal issues with the property.
• Lack of Professional Support: You might miss hidden defects or overestimate the property’s value.
• Negotiation Challenges: Agents often secure better deals and terms than private buyers.

Who is it for?

This option is suitable for individuals with experience in real estate transactions, sufficient time, and a desire to save on additional costs.

Real Estate Agent: Why Use Their Services?

Pros of Working with an Agent

• Time Savings: The agent searches for offers, verifies them, and organizes viewings.
• Legal Support: The agent checks documents, the property’s history, and the developer’s reliability.
• Access to Exclusive Listings: Agents often have access to properties not yet publicly listed.
• Expert Knowledge: An agent can spot details that inexperienced buyers may overlook.

Cons of Working with an Agent

• Cost: Commissions typically range from 2% to 5% of the transaction value.
• Dependency on the Agent: You rely on their suggestions, which might limit your choices.

Who is it for?

Using an agent is ideal for people who lack time for independent searches, value transaction security, and want to benefit from expert guidance.

What to Look for in an Apartment? Key Criteria

1. Budget and Financial Capabilities

• If you plan to pay in cash, determine the maximum amount you can spend.
• For a mortgage, check your creditworthiness and consult a financial advisor.

2. Location

• Proximity to work, schools, shops, green spaces, and public transportation.
• Review local development plans for the area.

3. New Apartment or Secondary Market?

• New Apartments: No property transfer tax (PCC), modern technologies, developer warranty, and customization options.
• Secondary Market: Lower prices, immediate readiness to move in, and developed infrastructure.

4. Size and Layout

• Determine how many rooms you need and consider future family needs.
• Think about additional amenities such as a balcony, storage space, or parking spot.

Comparison Table: New Apartment vs Secondary Market

Conclusion

Buying an apartment is a complex process that requires responsibility and careful planning. If you have experience and time, searching on your own can be a good option. However, if you want to save time and ensure a secure transaction, consider working with a real estate agent.

Regardless of the chosen approach, the most important thing is that the apartment meets your needs and is a safe investment for the future.

Good luck finding your dream apartment!