If you are choosing real estate as a trading or investment option then you need to find the best possible bargain for yourself. If you have to do it all by yourself then you will need to burn the candle at both the ends. You just can’t afford to go that way if you are working somewhere. You would need to hire a quality real estate agent. The choice of real estate agents depends on your need. For instance, if you need to do an investment then you need someone who thinks more than 1 or 2 years. You will really need someone who can evaluate the real potential of your flat 5 or 10 or 20 years down the line. If you are looking plainly from trading perspective then you need a real estate agent who can give you a futuristic insight on the flat valuation from 3 to 24 months. His past predictions and sale record will help you get a better picture.
Choosing the right real estate agent is very important. These agents don’t do things for free. They get their commission from every transaction. While trading you are not looking at breaking even but you really want a good amount of profit after considering the commission. You need to choose a real estate agent you knows the locality in complete detail. He must have some good tie-ups with the builder and actual sellers to help you get the best possible deal. Typically, while trading you need a ready possession house. Your real estate agent must have great contacts. This will help you find a buyer when you plan to sell your home.
Investment is a different ball-game altogether. Investment in under-construction flats is more predominant. The primary reason is that the rates are quite low and you would be able to get a real value deal. But you just can’t trust a builder to build a house for you within a certain period of time. You must know his track record and the actual details of the plot where your flat is going to reside. The real estate agent should help you find a builder with extremely good reputation and who has all his papers and clearances in place. Preferably an agent that belongs to the particular area is the best suited for such deals.
Make sure your agent doesn’t charge you exorbitant commissions. Also, there should be ideally no charge for shortlisting prospective deals. Choose a real estate agent who really minimizes your expenses.
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Choosing the right real estate agent is very important. These agents don’t do things for free. They get their commission from every transaction. While trading you are not looking at breaking even but you really want a good amount of profit after considering the commission. You need to choose a real estate agent you knows the locality in complete detail. He must have some good tie-ups with the builder and actual sellers to help you get the best possible deal. Typically, while trading you need a ready possession house. Your real estate agent must have great contacts. This will help you find a buyer when you plan to sell your home.
Investment is a different ball-game altogether. Investment in under-construction flats is more predominant. The primary reason is that the rates are quite low and you would be able to get a real value deal. But you just can’t trust a builder to build a house for you within a certain period of time. You must know his track record and the actual details of the plot where your flat is going to reside. The real estate agent should help you find a builder with extremely good reputation and who has all his papers and clearances in place. Preferably an agent that belongs to the particular area is the best suited for such deals.
Make sure your agent doesn’t charge you exorbitant commissions. Also, there should be ideally no charge for shortlisting prospective deals. Choose a real estate agent who really minimizes your expenses.
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http://expertscolumn.com/content/choose-right-drivers-lounge-your-driver
http://expertscolumn.com/content/how-decorate-your-desk-during-diwali
http://expertscolumn.com/content/how-choose-right-real-estate-agent
http://expertscolumn.com/content/how-prevent-bankruptcy
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