The provision of the latest services that enable homebuyers and sellers to promptly complete their real estate transactions is a relatively new concept. And many people are still of the view that hiring a real estate agent is a controversial practice. True, doing work on your own can save your money, but for many, flying solo may not be a prudent choice. That is to say, you may end up losing more money than you would be spending on hiring a real estate agent otherwise.
For instance, if you are looking to buy a 2 BHK flat in Byculla, a real estate agent can provide you with a list of the most sought-after listings, based on your interest. And that’s not it, they can also help with other aspects of buying a property as the process of buying and selling a living space involves a lot of financial and emotional undertaking. On this note, let’s take a look at some of the benefits of hiring a professional real estate agent:
Saves Time and Money
First thing first, a prudent real estate agent not only saves your time but also your money. While it might sound like a cliché but the statement holds paramount importance in this regard. Otherwise get ready to spend your weekends staging your property for viewings, meeting with potential buyers/sellers and taking them on tour. On the other hand, hiring a real estate agent frees you from such hassles.
Gives Advice Based on Actual Data
Let’s say you intend to invest in area ‘A’ because its current ROI is 10pc. An experienced property finder might tell you that the ROI in A area would depreciate in the future. And buying in less interesting area B would give you high ROI in the long run.
Simply put, they can give advice based on real-time data that can help you make an informed decision.
Possesses Complete Knowledge of The Market
In a buoyant market like India, a professional real estate agent will enable you to view multiple properties since they have links with various agencies. They can even show you those houses that aren’t being on the advertisement yet.
Handles All the Paperwork
True, the paperwork that comes with all the real estate transactions might not annoy you unless or until you see the number of pages associated with it. A trained broker can take this troublesome task on their shoulders and you don’t even have to watch out for them.
Keeps Contact with Different People
An experienced, long-standing broker keeps contact with various groups such as local developers, designers, inspectors, landscapers, contractors, inspectors, lawyers and other professionals. One of these contacts might prove to be fruitful in making your plan successful.
Negotiates Effectively with the Other Party
Negotiation is that art that takes years to develop. These skills can come in handy when you have to meet with culturally diverse people as in the case of India. For example, a hot-tempered seller denies to pay you for the peeling walls of a 3 BHK apartment in South Mumbai. The issue might get out of control, but a professional real estate agent can handle it for you in a calm manner.
Manages the Entire Process
Last but not the least, this contemporary world is abundant with 3D virtual tours, instant messaging, and intangible off-plan developments. However, nothing can substitute the customer services that an expert real estate agent provides. If you take the services of a full-real estate agent, it’s like relieving yourself from this burden while having a credible party on your side.
A Final Word
Since you are making one of the most important decisions of your life, you need to be 100 percent sure that you hire a professional real estate agent who has a good track record. They should know about the latest developments such as Piramal Aranyain the city as well.