Do I actually need a Real Estate broker or an agent? Or should I just save the brokerage money?
If you are at the beginning of a home buying process, we are pretty sure that these questions are something you are putting a lot of thought into it. If not, you should.
Let us first understand what the Real Estate Brokers and Real Estate Agents do.
When it comes to buying a property in India, the sellers and buyers stand on two sides of a wall, and it is the realtor's job to bring them together. Their responsibility is to make any transaction or communication between the buyer and seller advance smoothly and clear queries for both the parties. They conduct negotiations, inform buyers and sellers about offers and counteroffers.
They are responsible for guiding the buyer through all the related paperwork. In addition, they also make sure that their clients are well-informed on all the information on the transaction, details on moving, house inspection, and important dates.
There are two types of agents, agents who work for sellers; these agents help them bring buyers and advise their clients on pricing. There are agents who work for buyers. They help the buyers search for available properties that match the buyer's price range and wish list. And, there are dual agents who help them both close a deal.
A broker will even the odds between the two parties. Most of us believe that saving the commission is important. However, for scoring big in the long run, you need the best possible price or value for the product you are either buying or selling. And paying the commission for the brokers will only take a negligible percentage out of the amount or value.
You are paying for the expertise, Experience, and service the brokers provide for a smoother transaction.
Here is a list of reasons why you need them and how you can actually save money by having a Real Estate Broker or a Real Estate Agent.
Realtors possess professional expertise to help you navigate through the process of buying a home. Real Estate Brokers or Real Estate Agents are aware of the best offers available in the market. You can explain all your necessities such as location, budget, amenities that you expect, and even the little details that are really important to you.
Buying a home can be a once in a lifetime investment for you, or you can be looking for a second or third property to invest in, no matter which, a large amount of money is involved. A large amount of money will be moving out of your bank account into the hands of someone whom you do not know.
Hence, having a good advisor by your side who is knowledgeable of all the offers and listings in the field and is also up to date on the scams and untrustworthy sellers is the best idea. You can read here to get insights about how you can prevent yourself from Real Estate Scams in India.
Plus, having a Real Estate broker will cut down a lot of time that would go into choices that you will not even shortlist. In contrast, the Real Estate agent will provide you a choice only based on your preference.
A Real Estate agent, especially those who have more Experience helping people find homes, will be able to look into the details you might miss. Transactions in Real Estate involves a massive amount of paperwork. And, it is not only laborious; it requires immense attention to detail.
A Real Estate agent will guide you and assist you throughout the paperwork. Sometimes, you might end up making an error in the paperwork that might cost you the same or even more money than what you had planned on saving on the brokerage.
You might get a little laid back when looking for a house or get carried away with the attractive amenities and other such things. A really good Real Estate agent will be able to alert you about the things that you might overlook, such as leakage problems, insect and pest problems, and other issues.
Real Estate agents have no emotional attachment to the property they are going to purchase; hence, nothing can cloud their judgment while making a negotiation. Even if you think you can pay more, a realtor will let you get the deal closed only at a deal that is best for you.
With Experience or skill, or simply both, Real Estate agents know what works and what does not. Most of them have their own tried, tested, and successful techniques.
Real Estate agents will also help you find loan options that are best suitable for your financial state of affairs and draw up paperwork for the bank. Thus, they provide guidance to you on financial concerns as well.
If you are looking to sell a property, you will still need a Real Estate agent or a Real Estate Broker to get the best possible deals.
Real Estate agents will have a thorough knowledge of the locality, appreciation, and competition regarding a property. With their expansive knowledge in the field, they will provide you guidance on pricing and negotiations.
They possess a better grasp of the field, and they will provide guidance on how to market and how much money and time it is worth spending on in terms of marketing. Real Estate agents, with their skills and expertise, will be able to market your property better. They are savvy around using Real Estate related online tools.
Real Estate agents will speak to interested buyers first on your behalf and send to you only the buyers who show more possibilities of closing the deal. Hence, they save you a lot of time. Also, with their extended networks in the Real Estate industry, they will be able to find you leads sooner.
Realtors who have years of Experience will also be familiar with market trends over a long period of time. They have the resources and the necessary networks to bring the best deals for you.
Real Estate brokers will prepare the paperwork for you, and with their professional expertise, there rarely will be any mistakes. This will not only save you time; it will also save you from a lot of stress.
They will always keep a complete record of the process, from the time you started until the bank loan procurement. You can access them at any time with a request.
Also, Real Estate brokers will aid you with any legal factors regarding buying, selling, or loan procurement.
There are a lot of external forces trying to undermine the Broker class in real estate. As a part of the unorganized sector, the common brokers will certainly be affected by this unhealthy competition and agenda to wipe them out. This will further impact their families, and in the end, millions of lives and livelihoods will be affected. However, we will stand in solidarity with the Realty Brokers of India. Most of us are raising our voice for the local businesses, especially through the campaigns of Vocal for Local and Make In India, but most of us fail to realize the worth of our friendly neighborhood brokers.
So Know Broker before saying a Big No to Broker.
In conclusion, Real Estate Agents or Real Estate Brokers in India will, in fact, save a lot of your money, your time, and your energy. It is always a smart choice to take advice from smarter people.
Get the Latest News and Updates Of Indian Real Estate
Well, we are aware that real estate has never exactly been one of those binge-worthy blog categories. It has neither been the kind of topic you could not get enough of, nor is it half as juicy as celebrity gossip.
However, in India, real estate blogs are starting to get clicks and likes, and it has become one of the trending topics. People worldwide are beginning to realize how real estate as an industry affects the economy and how important it is to understand housing trends to enhance their lifestyle.!
The relevance of informative Indian blogs on real estate and finance are at an all-time high now. The youngsters are bidding big on investment options, and brackets such as realty have proved to be highly dependable compared to others.
The Millennials are flooding in to invest in apartments, plots, and villas, and the earliest members of the Gen-Zs' entering the workforce and looking forward to having their own homes. This has only fuelled the growth of digital real estate blogs to keep up with the tech-savvy generations.
Also, the real estate sector has been proving time and again, how reliable an investment choice it is. So, learning about the sector is the smart way to climb up the ranks, and where else can you learn so much except from real estate Blogs! Real estate is the second-largest contributor to the country's GDP; hence there is no doubt that it affects every one of us, whether we see a future in the Real Estate Industry or not. After all, we all live in our homes, and housing is a significant part of the industry.
We know exactly what you need to know and what you like. We know you want to feel engaged and entertained, and at the same time, hot housing news should be fed to you! We have turned the tables, grab a spoon, and start digging!
And Voilà! We present to you the most Interesting and Informative blogs!
As our name implies, we are not limited to realty alone, granted we do Specialize in it. We are all about Homes, and we are in love with Tech and Innovation! Naturally, our blogs cover a myriad of topics related to real estate and housing from Luxury, Lifestyle, Home Decor, Vastu, Real Estate News, Reviews, Tech & much more!
We make every one of our real estate blogs as interesting as it can get and attach with absolutely unique and accurate images, to provide you a better understanding. Not only do we cover a wide range of topics, but we also cover them at the right time. We update you on our socials such as Facebook, Instagram, Linkedin, Pinterest, and Twitter on every trending topic, so you are never miss anything and worry about being left behind!
However, we never go out of hand with our Indian real estate blogs that our beloved Readers have come to love over the years.
Everything in India is a state of constant flux; maybe that's why we Indians became one of the most adaptable and cosmopolitan people in the world!
If the nation's elements are shifting its focus, how can real estate be any different? Indian Real Estate Sector is perhaps one of the most dynamic ones in the entire world. Since the Real Estate in India is yet to be organized entirely, the variations in one segment affect another in ways difficult to comprehend.
The complexity and nuances can be understood only by reading about what is going on in the sector. Like we mentioned above, it affects every one of us. Hence it is essential to keep up to date.
With its ever-changing shifts and tides, it's virtually impossible to keep track of the sector's latest trends and sink our anchor deep. That's where we come in! We are just one google search away!
We also try to solve every home-related query through our Indian real estate blogs. And that's not all. We provide you insights on technologies that make the modern taste and rate of development possible, detailed analysis on real estate projects, insights on loans and taxes, advice on the home buying process, and articles on health and fitness. We provide you information about the trending topics in the Indian real estate industry.
We also host video podcasts named Expert's Voices, where we discuss with the leading players in the industry about market scenarios, offers, anything and everything related to real estate.
In addition, we host Real Estate News so you can stay updated on the sporadic events that happen around the country concerning Indian Real Estate. We also make short and easy to understand real estate video blogs.
We have got so many topics to read about that even if you have years of experience or are just curious and googling to get some ideas about Indian real estate blogs, you will find the best ones here.
At Homes247.in, we strive to provide you only the best real estate blogs. Our blogs are always entertaining; even the dullest subject we touch upon, we try to make it engaging. We make sure the best of the best is are the only standard we keep ourselves at when it comes to our service or our Indian real estate blogs.
Our team is made of a dynamic group of keen hands-on expert researchers who work tirelessly along with passionate and knowledgeable content writers to bring to your fingertips the world of real estate.
On every one of our real estate blogs, we research vigorously, write creatively, carefully compile, and thoughtfully curate the best real estate blogs, especially for you, from India's best content writers and contributors.