Are you looking for a property dealers in Gurgaon who can help you buy your dream house at the most affordable rate? If yes, then read on. Getting a property dealer to help you find the right house and complete the deal at an affordable price is the cheapest way to buy a house in Gurgaon. However, not all real estate agents are same. The right dealer will have a network of builders and sellers with whom he or she has built trust over time. This means that you will get access to properties listed by these dealers at more affordable rates than if you had directly approached builders or sellers yourself. Even though property dealers charge their commission fee, it is much cheaper than what you would have paid otherwise. However, remember to check whether the agent is charging any hidden cost from either party and whether there any third party charges involved. Here are some tips to look for when choosing a Gurgaon property dealer:
Check if the agents has a Licence to Operate
Before you sign a deal with any particular agent, check if they are authorised to operate. Having a licence means that the person is registered with the government and is allowed to buy and sell properties on behalf of customers. There are two types of licences – real estate agent licence and real estate broker licence. Real estate agents represent the seller and help the buyer make an informed decision. On the other hand, real estate brokers deal with both the buyer and seller and arrange the deal. A real estate agent will guide you on what can be your budget and show you various properties that come in that range. On the other hand, a real estate broker will help you shortlist properties and even get you a better deal from the seller.
The Reputation of the Property Dealer
A good property dealer will always be looking for ways to save you money. A reputed dealer will have a network of builders and sellers who trust him and would be willing to give you a better deal than the one that you could get directly. A good dealer will know the area well and will be able to guide you on the right neighbourhood to buy a house. He can also help you find the right builder and the right type of property based on your needs. On top of that, a property dealer will be aware of the latest deals and updates in the real estate market. Having a good reputation takes time, so look for a dealer who has been in the business for a while and has a good clientele. This will ensure that the dealer will always try and get you the best deal possible and won’t recommend anything that is out of your budget.
The Commission that will be Charged
Remember that a property dealer charges a commission from both the seller and the buyer. This commission is a percentage of the total sale value of the house. Normally, agents charge anywhere between 2% and 5% of the sale value as their commission. If the property dealer is not transparent about the commission that he will be charging from both the parties, then you should stay away from that person. Also, make sure that there are no hidden charges or any other costs that the agent will be deducting from your money. Most property dealers will get a small amount as an advance from the seller to get the deal done. This is known as the booking amount and is usually a small percentage of the total amount. This booking amount can vary from Rs. 50,000 to Rs. 2 lakh depending on the deal.
Hidden Costs and Third Party Charges
As mentioned above, make sure that there are no hidden costs involved with the property dealer. If you are dealing with a reputed dealer, then this shouldn’t be an issue. However, it is important to cross check these things before signing the deal. To start with, a property dealer is only a facilitator, who will help you shortlist the right house and complete the deal at the best possible price. He does not have the authority to close the deal for you. In fact, if you are selecting a dealer to buy a property, it is important to make sure that the seller agrees to deal with that person for the same. You will also have to pay the stamp duty, registration, and various charges that are related to the registration of the house in your name. The dealer cannot help you pay these charges since they don’t come under the payment to him.
Buying a house is a huge commitment and is one of the biggest investments in your life. It is therefore important to choose the right property and the right location. A good property dealer will help you find the right house at the most affordable rate. The dealer will have a network of builders and sellers with whom he or she has built trust over time. This means that you will get access to properties listed by these dealers at more affordable rates than if you had directly approached the builders or sellers. A good property dealer in Sushant lok, Gurgaon will always be looking for ways to save you money. He or she will have a network of builders and sellers who trust him and would be willing to give you a better deal than the one that you could get directly.