Why hiring a genuine real estate agent is mandatory for a good deal?

Posted On Saturday, 22 August 2020 21:59

People who engage in buying and selling property find it to be a daunting task. It is not something that you do daily. When deciding on property matters, you should always seek the guidance of estate agents. However, not all agencies are equally effective in providing expertise. So you should keep specific points in mind while choosing the real estate agent, these guys can help you crack a reasonable deal. 

Keep specific points in mind when you choose a real estate agent

• Whether to go for a traditional or online agency: The first thing that might haunt your mind is choosing a conventional or online agency for making the purchase. Traditional agencies usually have an office for the clients to contact. They are involved in every stage of the buying and selling of the property. They typically work on a motto of no sale equal to no fees. It means that if there is no deal closure, you will not have to pay for it. 

The online agencies, on the other hand, do not have any office of their own. They charge up-front fees to put up a property on the market. They can also charge additionally if the selling of the property takes place. Also, they do not get involved in every stage of the sale. As such, you have to look into the deal prudently. However, some reliable real estate agents can help you crack a good deal. 

• Short listing estate agents: Always make a list of the agencies that you would like to approach. Make use of referrals from your family members and friends. Also, online feedback can help you tremendously when it comes to fetching information of property agents. Do hire an estate agent who belongs to an ombudsman scheme for dealing with complaints. Some of them also belong to industrial bodies. Make use of the available information to choose the right agency.

• Take a closer look and narrow down the choices: After finalizing the list, take a closer look at the agencies. Try to acquire information about them related to the company, the staff, the services, customer feedback, etc. Also, have a look at the properties that they are listing for sale. If they match your criteria, then go for it. You should make sure that the agency advertises on at least one primary property portal. If you are planning a resell, then buy undervalued property. 

• How to decide the value of an asset: When the agents arrive, pay attention to their politeness, punctuality, professionalism, and knowledge. They will provide you with information about what will be the most reasonable price of your property. You should also make a comparison among different agencies to know the real market price of your property.

• Provide information to your agent: Always try to give your agent all the information that they require. It will help them to understand your circumstances and needs. Everyone has different budget considerations, and you need to clarify this to the estate agent. It will help them to serve you better.

By keeping the above points in mind, you will be able to ensure that your property gets sold at an attractive price. Even if you make a purchase, you will strike a good deal with an excellent estate agent. They can help you get the most out of the agreement. 

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