Estate Agents in Mumbai
Take the words ‘Property’ and ‘Prosperity’. Have you realized that the word ‘Property‘ and ‘Prosperity‘ are deeply connected with just two extra letters that separate the two words from one another! Property is a part of Prosperity and the Gods above have also testified that! Teaming up with the right real estate agent can make you very rich! The most important ally for a real estate investor is his / her agent. Your real estate agent is the chief contributor to being successful in the investment business. It is a fact that over 85 % of all millionaires have created their fortune by investing in real estate. And so can you! An investor knows how valuable the right real estate agent is to his real estate buying and selling success because real estate agents perform a wide variety of responsibilities to ensure that your investment projects are profitable and fruitful. A well-selected real estate broker can help you in almost every aspect of your real estate investment strategy. Your agent may over time even become your partner, friend and even counselor for you and your business.
In today’s world, a real estate agent with his / her deep understanding of market trends and dynamics can help ensure the best outcome for your money. The right agent will introduce you to everything that your investment requires starting off course with the best available upcoming projects and properties.
Allowing Greed to Overtake
Greed manifests itself in a lot of ways. Even well-to-do folks can act cheap with materials, labour, lenders, advertising and with the real estate agent. You have to remember that just like yours in whatever field of work or business you are in, your agent’s main motivation is also profit. Being a greedy investor does not help anybody. So that means not acting cheap by cutting your real estate agent’s commission. Some people do this for the three reasons stated below:
- You think of cutting the agent’s commission first because you work with him / her the most.
- The agent makes the most money from a deal other than you the investor.
- You think you can get away with it.
Remember that your real estate agent is a professional. You have never asked your doctor or dentist to give you a discount right? Or you would never say to the checkout person at the supermarket, ‘Hey, this grocery bill is too high. Better give me a 25 % discount or I refuse to buy your groceries.’ As a real estate investor, this is the worst attitude to have. We have all heard and even use the old, ‘Don’t bite the hand that feeds’. But this is exactly an investor does when he / she cuts out their agent’s commission. You are insulting, discouraging, aggravating and ultimately alienating your most important ally, asset and business friend.
The Real Estate Agent – An Investor’s Best Friend
There is no doubt that a Real Estate Agent is an investor’s best friend. An investor views property, estimates the value and deals with title, lenders, decorators, electricians, plumbers as well as other agents and buyers. But an agent does the most important thing that will make you a pot load of money – finds the best deals! Would you like to do all the work that an agent does? It is a lot of work though let me inform you. Your agent can bring you the best deals and that is something that you cannot afford to miss out on as an investor. Finding the right property at the right location is the most important aspect of the process. Everything tends to fall into place right after this. The right real estate agent is a real estate investor’s best friend. A real estate is in the business of working with buyers full time apart from the banks. Banks are not and do not wish to be in the business of selling real estate. In fact most banks in India are in possession of so many properties that they do not know what to do with them! This is where you the investor armed with the right agent can come to the rescue of the bank and end up buying some of their distressed properties.
Personal Real Estate Guru
Most folks do not realise what a great asset a real estate agent can be. He / she is someone you can call, text or email and he / she will have all the answers to your questions. A real estate broker does not just help you to find the deals but also helps you with a great deal of useful and related research and information. Not to forget the fact, that a good real estate agent can also motivate you and inspire you to push ahead when you feel like giving up.
The process of searching for, negotiating and closing a deal is a battleground for problems and a lot of unexpected problems and delays can dishearten even seasoned investors. That is when the skills of your agent can come in handy. A certain amount of stress is always par for the course especially when large sums of finance are involved. Remember if your estate agent does not have an immediate answer, he or she has ways and means of finding it. Most good estate agents are well connected to lawyers and other domain experts.
Ask yourself these questions? Do you work in real estate every single day? Have you taken classes in real estate, hold a license, belong to associations or help people increase their monies? Well, we guess that the answer to all these questions would be negative. On the other hand, your real estate agent will answer a YES to all these questions. As an expert in the field of real estate, the agent is the one most responsible if something were to go wrong. While your agent cannot shield you completely, you are definitely much more protected with the services of one.