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May 26, 2015

Real Estate Investing

Using an Real Estate Agent 

Before you invest in real estate through an agent, it is important that you find a good and willing real estate agent. Finding a good real estate agent is a real challenge but if you can find one you are sorted with the plans of your investment. There are quite a number of ways to look for a good agent.  For instance, if you are planning to invest in Bangalore, definitely look for the real estate agents in Bangalore catering to the specific location and yes the one with good experience, well mannered, having patience to take the walk with you throughout your journey of finding a property till the last signature made…

A win – win situation always depends upon the relationship the property investor share with the real estate agent. There are ways where the real estate agent can contribute in your purpose
Finding a house with better appreciation value

The real estate brokers always have the understanding of the property market and he can provides you with the leads of the properties, which are expected to get you the highest appreciation value over the period of time. For instance, you are looking for a property in Bangalore and if you have appointed a real estate broker in Bangalore, it is expected that he will have the information of the upcoming and ongoing projects, thus can guide you properly in shortlisting the properties
Dealing with the developers

A pro real estate agent will know the better way of dealing with the builders and the technicalities of the property thus easing your way of dealing with developers. Right from the beginning till the end they know how to cruise smoothly and play diplomatically to get the best deal
Good Negotiators

Generally, good real estate agents excel in their negotiation skill. They will not only handle the developers well but also versed with the negotiation skills and they have the understanding of the aspects wherein the negotiations can be done to ensure that you are in a beneficial position
Dealing with the bankers for loans

The real estate agents with experiences have good rapport with banks and financial institutes and vice versa. While applying for loans through the financial institutes, there are some fixed and flexible terms and conditions which everyone needs to agree upon. Sometimes with the virtue of their long term relationships, the real estate agent may provide you with the best deals from the financial institutes…may be not on the fixed one, but yes…on the flexible one, since all the institutes provide some privilege for regular clientele.

Dealing with the legal issues

Real estate deals are not complete without the legal formalities. The process of house buying involves the legal technicalities at different level and if you have an experienced real estate agent it will be convenient for you to have a smooth sail. Anyways you will have to hire a legal advisor or an advocate but a real estate agent can get the best of the real estate legal advisor.  And yes…once done, don’t forget to acknowledge the real estate agent with the appropriate appreciation and the honorarium... and yes...real estate agent are helpful in the process of your house hunting irrespective.  
The views and opinions expressed herein are the author's own, and do not necessarily reflect those of EconMatters. © EconMatters All Rights Reserved | Facebook | Twitter | Free Email | Kindle
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Item Reviewed: Real Estate Investing Rating: 5 Reviewed By: EconMatters