Beware of the things which a Broker or Owner of a house hides from the buyer:

Buying or selling a property is a big task. Since the task depends on a broker to a great extent, choosing a reliable broker becomes important both while buying and selling your home. One has to be cautious about the broker's words while selling the home, for example, the price he quotes, undue pressure he creates, false picturization of market conditions by him, etc. Just like a seller should be aware of the market conditions for selling after doing market research on his own, a buyer should also be wise enough to make sure that the property he is considering to buy is worth the investment.

Here are certain things that your broker or the owner of the house may hide from you while you are considering to buy their house:

• Location information: The broker may convey incorrect information about the location where you want to buy a house. They may say that there is no house available in the location if they want to sell a house at some other location. They may also hide about the weather conditions, available basic amenities, government policies or any threats to the locality of which he is selling the house. So, it is recommended not to blindly rely on your broker. Either check the real condition of the location with 2-3 brokers or do some research on your own.

• Artificial scarcity: Brokers create artificial scarcity of available houses in any location in demand. They hope to fetch a higher price of the property to be sold by creating this scarcity. To overcome the situation, you can check out a dependable website about the houses available for sale or you can cross-check with other brokers for the availability of your type of house in your desired area.

• False claims: Brokers create a hype about the home and the infrastructure of the region in which house to be sold is located. It is recommended not to get over-excited by hearing claims from brokers as their authenticity is doubtful. The upcoming infrastructure of the region shall not be taken into account while buying a house. If you are satisfied by the current infrastructure of the region and current condition of the house, buy it, else look for more options.

• Paperwork: A few brokers may also hide loopholes in the necessary documentation of owning and registering a house. As a wise buyer, carefully and patiently read and check every paper before making a commitment or signing any document. You can also check house insurance documents of the property. You must seek the help of your lawyer for verifying all the documents. Even if anyone important document is missing then it is recommended not to buy that house, for a safe play. Certainly, no buyer would like to get into any legal issues due to the absence of necessary housing documents.

• Price: Every broker hides the actual price from the buyer and prefers to sell it for a high price, as high as possible, whether or not it is justified as per the market. This is because it increases his commission amount. A smart buyer should be aware of market price and should be able to bargain without hesitation. When the buyer does not show his eagerness to buy a property, usually he can strike a good deal.

• Commission: Brokers pretend that their brokerage rate is fixed and no discounts will be given. However, if the buyer has the skill then he can get good discounts on brokerage.

After buying a house, register it in the first place and also do not miss to buy best home insurance Ireland as only home insurance can give you a cover against various types of threats attached to a house/property. For a hassle-free experience, it is important to buy house insurance Ireland from a renowned insurance company in Ireland only.