Things a Real Estate Agent should tell his Client

On the surface real estate brokerage sounds a fairly simple job. Match buyer seller leads; show them a few properties and close the deal. The reality is shockingly different. The buyer will say a hundred different things or not say anything at all. They are usually unaware of the Nitty-gritties of documentation involved during and post the sale. As an agent it is your duty to make them aware of the different documents they will have to get in order for the sale to be complete. You must also inform them beforehand the additional costs involved for example:

Stamp Duty: 5 per cent – varies across states.

Brokerage: 2 per cent

Parking charges: Rs 300,000-1,000,000

Water connection and electricity deposit

Maintenance: Rs. 5-15 per sq. ft. and upwards depending on the type of property

Wear and tear

Legal fees and litigation costs

Home Insurance

Interest cost: If you have taken a home loan

 

* Type REMAX and send it to 53456 to join the India’s Largest Real Estate Brokerage Network.

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