Friday, 3 June 2016

How to find a good real estate agent?

Property buying is a big decision involving lot of time, money and patience. For first time buyers this is even more formidable as they don’t have the requisite knowledge. Hiring a property agent helps you in dealing with most of the headaches involved while getting you the property you desire, so here is a guide in deciding the right agent for you.

Well-versed with the market: The key to getting a good bargain is an agent who is aware of all the rules and regulations of the city and state along with the latest property developments. The trick to identify a good agent is to list out your needs and if he is able to give you a variety of recommendations. A good agent would have a god network of builders, developers and owners and thus would be able to offer you a wide number of options.

Fluent with realty terms: For first time buyers realty terms in property buying become challenging, the terms are difficult and confusing; here is where a good agent steps in, guiding you through all the legal terms, their meaning and implication.

Proficient in legal and financial terms: You should hire someone who can help you understand legal implications like clearances, permits and registrations required along with the financial aspects like the extra costs involved, home availability etc. The agent should also be aware of the structural sufficiency norms and the legality of the property.

References: The best way to ensure that you have a good agent is to check with his previous clients. Ask the agent to give you some references and then speak to these clients about how happy they were with his services and would they recommend him.

Select an agent with a good reputation. Keep up with your own research on the do’s and don’ts as well. Be clear about your requirements and do not back down on them, once you are clear you can keep looking till the time you find the right fit.  

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