• July

    4

    2016
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  • 1

The Truth About Real Estate Agents

real estate agent truthThere’s been quite a lot that has been said of real estate agents in the current day; make a lot of money without any proper training and knowledge.They are in the business for money but nothing more, always looking to exploit a gullible customer for more money.

However agents can also be very helpful for a first time home buyer. It’s true that they earn a wide range of income but all real estate agents are very good with communicating with people. They are the most well-read when it comes to legal and technological knowledge about the industry.

So let’s help bust a few myths and explain the importance of having a real estate agent:

It’s cheaper to buy or rent a property without an agent.

While you save on agent fees. you may end up being duped by the developer 0r end up cashing in on a project that isn’t really worth it.

You can get a better deal without an agent.

This is completely false. If the house is listed with a real estate agent, the total price includes sale commission and if the buyers would prefer to go without an agent, the whole commission would go in the hands of the seller’s agent. Either way you will end up paying the same price for the house. Having an agent would relatively make your search easier, as he/she would shortlist properties on your behalf, saving you time and money.

You can save money if you sell your home yourself

While it is true that some people do sell their homes successfully all by themselves, without the help of any agent,but in most cases it is an extremely stressful process. While selling your home, you need to make sure that you are listed online and that it is marketed well to prospective buyer. And most importantly, you need to have appropriate negotiating skills, because if you are selling your home all by yourself, your buyers are going to come to you with unreasonable demands. So, until and unless you possess such a skill-set, it is better to go with the agents.

Real estate agents say and do anything to make money

There is a common misconception that the real estate industry is filled with tricksters and fraudsters. Whilst not being completely false, there are some agents who are very dedicated to their job because they have really strict code of ethics and many rules and regulations. Word of mouth publicity is essential to their growth as well as personal referrals and they won’t do anything to mar their reputation.

Listed real estate agents get you the best deals.

Listen. Whoever you choose as your agent, is bound to get you the best deal. Listed or not, they are legally and ethically bound to get you the best possible deal. Work with them in a fair and professional manner without disclosing any important information and they will help you in every possible way. Just make sure you do your background checks on their past records and references before you go into the market.

You can save money if you sell your home yourself

While it is true that some people do sell their homes successfully all by themselves, without the help of any agent,but in most cases it is an extremely stressful process. While selling your home, you need to make sure that you are listed online and that it is marketed well to prospective buyer. And most importantly, you need to have appropriate negotiating skills, because if you are selling your home all by yourself, your buyers are going to come to you with unreasonable demands. So, until and unless you possess such a skill-set, it is better to go with the agents.

Real estate agents say and do anything to make money

There is a common misconception that the real estate industry is filled with tricksters and fraudsters. Whilst not being completely false, there are some agents who are very dedicated to their job because they have really strict code of ethics and many rules and regulations. Word of mouth publicity is essential to their growth as well as personal referrals and they won’t do anything to mar their reputation.

Higher the price, higher the agent fees.

It is always wise on one’s part to be informed about changes and trends in the industry, so that the chances of getting deceived is less. Considering the real estate scenario in the country, it is always better to have an agent during a purchase or sale. Agents with their connections with various media channels,  use their skills to market the listings and generate legitimate responses – in turn provide a solution suited to you.

P.S : If your agent insists on  Home Inspection Service like Snagitout, he’s got your best interests at hand. Trust us.

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  • JAYESH
    July 12, 2016, 5:51 pm REPLY

    I AM REAL ESTATE AGENT – PL Z TELL ME -RENT OUT RATEYA ANY WORK MEETING – 8976467844 / 9867353247

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