Estate Agents Commercial Property
Why Real Estate Agents are Important in Property Deals
A trustworthy real estate advisor safeguards you against taking a wrong decision when going through the intricacies of buying, selling or leasing of property.
India’s real estate industry has always been beset by risks, and many unwary buyers and investors have burned their fingers on it. When buying or selling in an unorganized real estate market, trustworthy advisors are worth their weight in gold because they can make the difference between time gained and time wasted, and between financial gain and substantial loss. When an experienced Real Estate Agent guides a client through the intricacies of buying, selling or leasing property, he or she is basically ensuring that the client makes the right choices and is not taken advantage of. The wrong agent may, at best, lack the required competence and, at worst, take the client for a very expensive ride.
The Essential Qualities of a Real Estate Professional
A competent
real estate agent
understands your requirements and is able to present clearly and impartially all available options that meet your needs. He maintains confidentiality, networks with other agents for your requirement and keeps your costs down. He listens to you, behaves ethically and does not try to rush you into a decision. He does all he can to get you the best deal possible — even if it means a lower or deferred commission — by pointing out to you the pros and cons of every option in order to help you make a better decision.
He gives advice on the risks involved in every offer before you, informs you of the available risk mitigation strategies and helps you with the paperwork. He communicates clearly .
He will not tell you that every offer is the best. He has exhaustive knowledge about the local market, general market practices, rules, regulations and legal aspects that he shares willingly and succinctly.
He performs the task he has been appointed for with the client’s best interest at heart. He is professional, aggressively follows up on a mandate and adheres to all expected processes.
The Search of a Real Estate Professional
Check the real estate agent’s background. Review his track record and get references from past clients.
Evaluate his knowledge of the real estate market and its offerings as well as his willingness to go the extra mile for you. Eliminate all prospective advisors who attempt to push you into a deal to make a fast buck or suggest unlawful shortcuts to legal procedures.
When considering a real estate advisor, be clear on what you require of him or her. IF you are not sure, use his expertise and experience to identify and crystallize your objectives.
For example, are you looking for an ideally located and appointed home for actual use, or are you more interested in its Investment potential? Referrals from family, friends and colleagues are great sources for finding the right advisor in the absence of such referrals; you can launch an initial search through newspaper ads and web listings. Interview at least two or three advisors in person and establish the person’s local expertise and database depth before you take a decision.
Finally, clarify all aspects of the fees and en sure that these are in line with current market benchmarks.
Your choice of a real estate advisor has a direct bearing on the number of options you will have, the duality of information and the final price you are willing to pay. By choosing the right advisor, you can save time and effort in finding the perfect home at the right price or could sell your property at the optimum price.
A COMPETENT REAL ESTATE AGENT DOES ALL HE CAN TO GET YOU THE BEST DEAL POSSIBLE — EVEN
IF IT MEANS A LOWER OR DEFERRED COMMISSION.
You can find Real Estate Professionals or Consultants or Agents in your city or area only on
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