Here is why you should hire a Property Consultant
You may be a buyer or a seller of a property. In both the cases you should contact a property consultant for a flawless execution of buying or selling your property. There are some people who don’t understand the significance of hiring a property consultant. They think they can do it by themselves whereas they don’t have any experience of buying or selling a property. Real Estate is the second largest industry in India. It is 180 billion dollar worth industry and contributes 65% of GDP. People may have knowledge of this industry but if you or your profession is not related to this industry, you may have little or no knowledge. Then how do you think it is easy to deal in Real Estate? Like every industry, there are specialized people who are working in this sector. They have knowledge, they will help you professionally. Why not take help from this people with expertise in this industry.
A Real Estate Consultant is also called as Realtor. There are many advantages to hire a realtor whereas it really has not got any disadvantage. We are going to discuss why one should hire a realtor or a consultant?
Paper work:
Ask yourself, do you really understand the property papers? A real estate deal has got plenty of paper works. Do you know what are the steps of buying and selling and what all papers are required and how it is required? A consultant is well aware of property papers. You may deal with one property but a professional is dealing with hundreds of properties. They have knowledge and experience of all the legal aspects, so they can help you better. For an example, there is a wrong concept that at the time of booking a property, the money receipt should be in stamp paper. Actually, a receipt should be in a white paper with a revenue stamp on it. Like this, there are various other knowledge they can share with you and help you to stay away from any ambiguity.
Ready Parties:
A Realtor has ready buyers and sellers for properties. If you are going to purchase a property, you will be shown many options from where you may select according to your criteria. Same way, a seller may get some instant buyers.
Promotions of property:
A real estate consultant promotes your property. They advertise, they do all the necessary steps to promote properly without taking any money from the seller. If you are an individual seller, can you do continuous promotion of your property? If you do also, will it not be expensive?
Experience:
Do you have experience in real estate? you may have experience in your profession. But a consultant has got experience in this. Experience is very important. Why not taking their experience for your things to be done?
If you are a first time buyer, you also need an experienced consultant to get the right property in right way.
Relevant aspects:
A realtor always shows you all the relevant aspects during a deal.
Negotiations:
People are often misguided with this word. Negotiations and bargaining is not the same word. The negotiation is done by the consultants and fixed up a selling price according to market and property. The buyer or seller can be free from all kind of negotiations.
Valuation:
How do you do the valuation of your property? Property owners do mistakes by doing valuation unknowingly. You cannot compare other properties in your area and fix the value. It requires specialized knowledge about property, location and market that a professional has.
Full Time:
A consultant is engaged full time which you cannot, as you are involved in your own profession.
Market Information:
Consultants are updated with market information which you may not have. You may get some ideas from various media but a professional has real time experience about market.
Elimination of Nuisance Calls:
If you publish an advertisement, there will be plenty of nuisance calls. Very few are good calls. Do you want to get that disturbance in your life and work? Why not leaving it to a professional?
Training & Education:
A professional consultant has specialized training and education in this segment.
On transaction pay:
You get all the above without investing a single penny before the transaction. A consultant takes commission only after the deal is completed. So there is nothing to lose.
Do you still have confusion? If you get all the services without even any advance payment, what is the reason of not hiring a professional property consultant?
Author – Arnab Ray
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