Should I buy from a private seller or through a real estate agent?

Short answer: Private = potentially cheaper, less protection. Agent = professional standards, disclosure rules. Always get inspection and lawyer.

What this actually means in plain English

Private sales can be cheaper because there is no agent commission. But you have less protection. Agents must follow professional standards and disclosure rules. Private sellers might hide problems. Always get a building inspection and use a lawyer regardless of who sells.

Key Facts

Private sale: no agent commission, potentially lower price
Agent sale: professional standards, disclosure requirements
Private sellers not bound by agent code of conduct
Always get building inspection regardless
Always use lawyer regardless
TradeMe and Facebook common for private sales

Example

Private Price: $580,000

Agent Price: $600,000

Private Risk: No professional oversight

Protection: Inspection + lawyer essential in both cases

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