In response to the allegations directed towards our company, Stark Real Estate, we wish to clarify certain details in order to provide a balanced understanding of the situation.
Firstly, as an industry norm and as per Stark's stringent policies, all our transactions and services are duly documented and agreed upon by both parties involved, via a legally binding service contract. This signed agreement not only ensures transparency in our dealings but also protects the interests of our clients and of our company. It is hence, inconceivable that there was any ambiguity regarding the selling price or our fee by us as they would have been clearly mentioned in the contract.
In the case of tenant placement, our process involves a meticulous vetting system to ascertain the suitability of tenants. Furthermore, the rent has been paid on time each and every month for years without any hiccups. It was towards the end of contract that the tenants were unruly.
The transfer of utility bills to the property owner's name, while the property is vacant, is in accordance with our policy, however, we acknowledge that the implementation in this instance may not have been up to par, however the tenant has not cancelled his contract so there was no particular issue for you. We assure you we're rectifying internal communication systems to prevent such oversights.
Regarding the property sale and setting the sale price, our policy dictates that the client is always involved in the decision-making process. We'd like to emphasize that our aim is to always provide informed advice based on current market trends and data, taking into account the individual circumstances of our clients. We also wish to point out that the real estate market experienced a significant downturn around the time the property was listed for sale, an external factor that can greatly influence sales dynamics and is beyond our control. Moreover, the initial potential buyer engaged in a prolonged negotiation process which unfortunately resulted in an unexpected withdrawal, further delaying the sale process. Such occurrences are unpredictable and can impose unwelcome delays. Additionally, the subsequent interested party was unable to secure a mortgage due to a poor credit score, a circumstance which we could not foresee, and which further protracted the sale process.
We would like to highlight the financial aspect of the property transaction conducted through Stark. In the span of three years, taking into account both the eventual sale price of the property and the rental income accrued during that period, there was a substantial profit of almost €80.000. We believe this figure is a significant indicator of the potential value that our service offers and should be factored into any analysis of our performance.
Lastly, we would like to state that our primary objective at Stark is to navigate the complexities of the Netherlands property market on behalf of our clients and to provide a seamless service. We regret any inconvenience caused to you and appreciate your feedback which helps us continually improve our operations.
We remain committed to upholding our standards and improving our service in line with our clients' needs. Please refer to the terms and conditions outlined in our service contracts for further clarity on our policies and procedures.
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