Buying or selling a house is one of the biggest financial transactions we make in our lives. Picking the right house that suits all your needs in the right neighborhood constructed by distinguished real estate companies in Kolkata is no small task to achieve. This is why in our journey we often question if we are making the right decision. Extra work is cut out for us when it comes to understanding real estate jargon. How easy the process becomes when you hire the right real estate broker in Kolkata that helps you to get the best financial deals, and also helps to understand the carpet and super area, building and development permits, and other important factors related to home buying, such as registration, stamp duty, loan facilitation, etc.
How to find good real estate agents in Kolkata
There are several real estate broker in Kolkata, however, not every real estate agent is equally proficient to find you the best deal. Hence, it’s important to find the right real estate agent who understands your needs and works towards finding the right fit for you. Here are some important tips to help you find the best real estate brokers near you—
Know what you want
Before you start looking for real estate agents in Kolkata, be sure to put together a list of your housing priorities: the type of house you want, the neighborhoods you would like to live in, etc. This will help you to start on the right foot in your search for Kolkata real estate brokers.
Seek referrals from professionals
You will get plenty of advice from your family, friends, and neighbours. But agent referrals from established real estate professionals will help you make wiser decisions. If you are unable to approach a professional, you can ask bank loan officers and mortgage brokers, they are also a good source and usually have first-hand knowledge about real estate agents.
Interview former clients
Getting reviews about real estate broker in Kolkata is not the only thing you should be interested in. After you have made up your mind about the agent, don’t hesitate to ask him about his previous clients. This will help you to know two things: He maintains a good client relationship if he mentions clients willing to give him a reference. Secondly, reviews from his previous clients will make your decision-making process even easier. Consider interviewing them. Their reviews will help you to determine the right agent.
Settle for good market acumen
When there are too many real estate agents in the market, the ones with acute market acumen will set them a notch higher than the rest. You will know you are in good hands if the real estate broker is well-adept with the state’s rules and regulations and about property buying in the state.
You should also look for real estate brokers who are well-versed with the realty inventory and have up-to-date information about the property trends.
Check their online presence
If you do a simple Google search for real estate agents in Kolkata or real estate brokers near me, you will find a long list of websites, But how do you choose? Moreover, there is no guarantee of quality. The real estate brokers or the real estate consultants that appear on these websites are simply those who have paid to online directories for a listing.
To get a good idea about the agent’s credentials, you should consider reviewing the agent’s online presence. This includes checking his social media platforms and consumer ratings. A good real estate agent is likely to maintain a strong online profile to create a strong first impression with his clients.
Get to know the brokerage
You must have good knowledge about real estate brokerage in Kolkata before you start your search for real estate agents. In most of the cities in India, the fee is usually 2% for transactions priced above Rs. 50 lakh and 1% for anything less. Although the amount is negotiable, established agents charge a premium. When you are dealing with real estate consultants, make sure there is no ambiguity in real estate brokerage fees.
In addition, you must also study the mortgage loan process. This is especially important if you are a first-time homebuyer.
Don’t rule out print advertisements
How many times do you open the morning newspaper to glossy printed ads about an upcoming luxury residential property in your neighbourhood? Real estate agents in Kolkata run advertisements for two reasons— they are either promoting themselves, or they want to sell specific properties.
Such advertisements in newspapers or community magazines could be an easy way to help you find reputed brokers of real estate.
Weigh the pros and cons
After you have done a fair amount of research on real estate broker in Kolkata, you will finally have at least three possible agents that you wish to consider. To narrow down your search further, your next step should be to put together a list of pros and cons. This will help you to make the final choice.
Let’s go through a few essentials qualities in a real estate broker to help you narrow down your search—
What should you look for in a real estate broker?
After you have shortlisted real estate agents in Kolkata, you might want to look for these key attributes to finally fix on the real estate consultancy you wish to deal with:
Experience and Expertise
In addition to finding an agent who has experience in real estate brokerage, you should also look for real estate brokers who work in a specialized field suited to your needs. For instance, some agents have expertise in selling high-rise condominiums, while others specialize in finding a home for senior citizens, or are exclusively into commercial, and investment property, while others work only with new home builders. Choose what works best for your housing priorities.
You should also not completely rule out newbies in the real estate business. Some might even have fresh ideas. More importantly, they are the ones who have more time to spend with you. Just make sure that you have good client reviews.
An agent who has a thorough knowledge of your neighbourhood, can give you the best pieces of advice on sale prices, they can bring you customized deals, best suited to your priorities—be it schools, or entertainment attractions. You are in safe hands if the agent has nitty-gritty knowledge of the local market dynamics.
With a targeted Google search of ‘real estate brokers near me’, you will know the prices that have been edging up or down in recent months, while also finding a place close to your family needs.
A RERA registration
Make sure to do a background check on the real estate agents, before you zero down on one. Not only should they belong to a reputed organization, but they should also be registered with RERA. It’s OK to ask the real estate broker in Kolkata for their registration ID.
The RERA website has details about all the real estate agents or consultants. Make sure to look for the agent’s information on the state’s website by using his registration ID.
Creditable networking skills
One of the indicators of a good real estate agent is his networking skills. If your broker is able to present to you a variety of options aligning your budget and locality preferences, then you are in good hands. A good real estate broker in Kolkata will also have a vast network with his real estate counterparts, as well as with property developers, and owners, and will be able to offer you a customized package suited to your housing needs.
Just like the key to a good marriage is trust and understanding between both partners, to get a good deal in real estate, it is important to keep in mind the interest of both the buyer and the seller. Generally, people prefer an agent with whom they can work collaboratively throughout the entire process. Your journey of buying or selling a home will be smooth sailing if you can build a good rapport with your real estate agent. There’s nothing wrong with trusting your instincts.