When we get stuck with something legal we hire a lawyer to guide us through.Even though there is unlimited information promptly available online despite those, we still require help from someone who happens to know the subject better than us. Similarly, when it comes to buying a property particularly when one is interested in investing in the upcoming residential projects in Kolkata, you would not want to make any mistakes, as even one tiniest mistake could result into a big hitch later. Since one is proven to be smarter to hire an expert at matters one has less knowledge of it, also the best method to stay out of trouble completely. A real estate agent as your lawyer is your long term friend who will pull you out of dust whenever you face any crisis regarding your property. Especially if you are a new buyer learn about the few points which might help you realize the importance of hiring a real estate agent.
• Education and Practice
One is not bound to know everything about buying and selling a property. There are trained professionals at agencies like Liyaans waiting to support you for any such information you require. An eminent person once said there is no harm in asking for help rather there is the harm in not getting help and ending up with a crisis. An agent is someone who would guide you step by step providing you with exact information regarding the property. This will also save you a lot of research time as time is essential.
• Cushion Support
Your agent will be your best friend regarding property issues he/she will eliminate any pitfall set out by the builder’s agents while property showing or visiting. If you are selling your property your real estate agent will directly connect you with genuine buyers instead of false encounters, they will shortlist the promising lot leaving out the phonies.
• Local Knowledge
The agent who is dealing properties has a good idea about the neighborhood, he/she knows about the location of schools, hospitals, supermarkets, etc. Suppose to say if you are purchasing Property In Rajarhat and you somehow manage to gather up information about its pricing that same property could be sold by an agent who received an upgraded price, in a rather low-cost rate just a couple of months later.
• Secrecy and Negotiation proficiency
Experienced agents are ones who remove their minds from any emotional aspects regarding payment for the property. This is part of the job description to meet cut to cut ends with both parties (the buyer and seller). An agent is not a courier delivering word from the buyer to the seller he only cuts out the best deals that suit his/her client. He is the one responsible for client confidentiality for contra security.
• Expenditure Counsel
A real estate agent is not someone who selects the pricing of any property, this might be information not known to many. The builders are responsible for pricing and added charges for say parking lot and other facilities. Your agent is someone who will provide you with complete property data help you scrutinize the data minutely so that later he/she could formulate a negotiation tactic before confirmation of your booking
• Markets’ Circumstantial Information
Revealing market conditions regarding the updates on the market price, offers, deals and so on. Your agent by doing so will be able to administer your buying and selling. Information such as average cost per square feet, similar houses, norms, average selling prices, average time on market and ratios of the list to sale prices, other criteria, and vast approach on what you eventually decide to do.
• Organizing Extensive Paperwork
One-page deposit receipt diminished decades back. Nowadays purchase agreements, even though we exclude authorized disclosures or disclosures stated by local customs just filled with information on the agreements and proceedings are long running sentences for over 10 pages. After fitting in all the details the paperwork results to be one to three inches fat and even one mistake in these papers might account to paying a huge amount of penalty or visiting the court for the same. In a few countries, for this reason, lawyers hand over such documentation.
• Specialists’ Association
Real Estate agents not only have knowledge regarding a property they also have a directory of professionals who deliver services for buying and selling of property. The agent is one who has a reputation for efficiency due to these contacts and reaches outs to influential people for which the agent can also provide background information for its client to make a wise choice at the end.
• Clears Confusion Even After the Dealing is Done
Even if the entire transaction was smooth there could be certain endings which would come to trouble you such as doc stamps, tax assessments, mixing up of invoices, the transition of tax, etc. These are few faults in the hour of the excitement of the deal closing that one could make, an agent comes in action here and removes any such feuds
• Opens Path for Future Business
An agent institutes referrals consistently for opening up space in the future business aspect this is a strategy taken up for adding up new business spheres in the market. An agent could receive promising incentives for satisfying certain clients by delighting them in what they want. Good agents also keep in touch with their client mailing them market updates so that the relationship is maintained and is healthy throughout.
By LNN (Liyaans News Network)