How to prepare an appointment with a real estate agency?
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Posted On :
Sep-17-2011
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Article Word Count :
477
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Meeting a real estate agent, if you really are willing to buy a property can be a tough task because real estate industry is one of the largest producer of frauds, so be careful and prepared before setting an appointment with a real estate agent
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You are willing to buy a property and for that you need to meet a property agent, you have prepared your budget, do your research first and you are about to visit your first property. Here are some tips to follow.
The choice of agency
As you will notice quickly, especially in urban areas, the same property may be offered by several real estate agencies at prices often different. This is because the seller has not seen fit to sign an exclusive mandate from an agency, and wishes to take advantage of competition to reach more buyers.
The price difference can be explained by the delay; however, that some agencies can take time to update changes made by the seller. They may also reflect differences in the commission of an agency to another.
To you, therefore, to choose the agency based on its reputation, the prices offered, the quality of its advertising or other more subjective criteria. Some individual real estate consultants can be a helpful source which choosing a real estate agency for big deals
The appointment
The appointment may be made on site with the real estate agent or agency. The tour can be done in the presence or absence of the owner or occupier of the property. There are both pros and cons of the presence of the owner of the property, but most of the real estate agents allow you to visit the property only in the absence of the owner.
The right of access
During the visit of the property, the realtor will make you sign a "good access". This is the document that will serve to justify his salary, if you conclude the sale to him.
If you sign better visit for the same property with several professionals, agency fees will be due only to those who led the transaction to completion.
Also, if you signed a purchase visit, you cannot complete a transaction directly with the seller of a property without paying a fee to the agency.
Negotiate with the agent
There can be a lot of difference in the prices of the owner and the agent, agents always try to sell the residential property with a much higher price as compared to the minimum set by the owner, so before signing a deal, you must negotiate with the agent. For a successful negotiation, you first need to estimate the property by using some statistics available, by the help of neighbors, other property agents or you can also take the help of some property websites and portals on the web to verify the actual prices of the property you are willing to buy.
If the entire above points are followed then there are very less chances that your deal will make you lost something and the agent to gain more than he/she deserves.
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Article Source :
http://www.articleseen.com/Article_How to prepare an appointment with a real estate agency?_82846.aspx
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Author Resource :
Choosing real estate Noida for best deals and investing in commercial property in Noida and residential plots in noida is the recommendation by author.
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Keywords :
Real estate agents, estate agency, property agents, real estate investment, real estate consultants, property negotiation,
Category :
Finance
:
Real Estate
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