How should you deal with a real estate agent?

Although the real estate agents are ordinary people like all of us, but what are the ways of dealing with them? Click here to read the complete article.

 

Obviously, you don’t want to get defrauded by a real estate agent. He is also a simple person like you, but your lack of knowledge may allow the estate agent to play you a fool.

Some real estate agents do not relish a good reputation in the market, especially amongst the property sellers, buyers, land-owners and tenants and the basic reason behind this is the sneaky behaviour of the agents. Zameen.com, a property portal of Pakistan, puts light on how to deal with the property agents.

Why would a person get tangled by an agent? The reason is the lack of knowledge about the industry. It gets easy for the property brokers to trick newbies like you and me. Whether, it’s the matter of buying a plot in Gulberg Islamabad, selling a commercial property in Karachi or renting a house in DHA Lahore, you should have an updated knowledge about the real estate market. This will enable you to deal with sagacity with the real estate agents.

I really feel bad for the overseas Pakistanis, who get tricked by the agents, but still become an important source of upholding the realty sector of Pakistan. To transact in the property sector, they are dependent on the property agents. I suggest overseas Pakistanis to allot the task of property buying or selling to their relatives in Pakistan, who are well aware of the real estate market. Agents on the other hand may not provide them with the proper information.

Before transacting in the property market, you must gather the maximum knowledge in your reach and do the full market research. You can approach property portals and forums to gather the market knowledge. This way, you will be able to deal with the real agents like a pro and the agents on the hand would not find any tactic to defraud you. It is basically the knowledge gap that leads you to get defrauded by the agent. So, try to shorten this gap as far as possible.

This discussion does not signify that every other property agent is a scam. There are good people as well in the market, but your homework should be strong enough to deal with all the tactics adopted by the real estate agents.