Is Your Property Broker Cheating You?

Q: The main job of the property broker is to let his clients buy and sell homes. Hiring the perfect property broker can help a lot. Whether you are buying a home or selling a property, it will be difficult to find an honest broker. In fact, nearly 50% of the property brokers are cheats and wish to milk out commission from the people. A good agent will have the right skills, the ability to listen to your needs and help you to enter a profitable deal. But, if the broker is a cheat, things might be very difficult.

Priya Jain,

18th September 2017

Investment Advice in Ahmedabad

quality of a good real estate agent

quality of a successful real estate agent

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Replies (11)

A lot many brokers say that they quote the property at a cheaper rate to gain the attention of the buyer and later on wishes to negotiate. If your broker says this to you, it implies he is a cheat. He is actually tied up to the buyer to gain a commission.

Priya Jain,

2nd October 2017

Comment

In the real estate industry, there are plenty of good real estate brokers, but as every industry has its share of cheat practitioners, the real estate agency is not spared either. You should know that people with charming faces and those who appear fresh may be most crooked. If the realtor is shady and cheat, he will want to sell your property at cheaper rate. There is a common misconception that you and the realtor want to sell the property at a higher price. Although the realtor gets more commission for selling the property at a high price, still he will like to close the deal fast. Every broker wants to close the dealing at a faster pace. Speed is the key to getting the commission faster. More the time consumed in selling the property, more will be the advertisement he has to do. The property broker will have to bear more inspections.

Priya Jain,

2nd October 2017

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When it is the first week, the broker seems very impressed by the piece of property and quotes it higher. In the next few weeks he starts complaining that the buyers do not like certain factors of the property. As the time passes, the value of your property touches bottom line, according to the property broker. However, this is an obvious sign of a cheating broker. Actually the prospective buyers did not complain about the property, but it is the broker who wants to sell your property at a lower rate. This is so, because he wants to get commission from you and the buyers for selling at a lower price.

Priya Jain,

28th September 2017

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Priya Jain,

27th September 2017

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Priya Jain,

27th September 2017

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Priya Jain,

27th September 2017

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Priya Jain,

25th September 2017

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Priya Jain,

22nd September 2017

Comment

Both buyers and sellers have to approach a broker for making the transaction. He can also let you arrive at the best builder who is known for timely delivery of projects and the one who uses the right materials. A broker can also help you file Complaint Against Builder in Mumbai if he is a cheat. Before you take help from a broker to arrive at the right builder, you should read Review about Builder Project and know his past works.

A good property broker can make the entire thing smooth while a cheating broker can complicate the process. There are some tell tale signs to suggest that your broker is cheating you. Just read up the following section to know them. Contact Us at our website cheatedbuyers

Priya Jain,

19th September 2017

Comment

Yes, the agents who are not afraid of transparency attend to be most successful. Most clients understand that the business of real estate is risky, not only with the nature of negotiations, but what may lie behind the walls and under the tiles once the property is purchased. So agents who keep their clients informed of all the details even the ugly ones are more likely to have returning customers, simply because they feel valued.

Sanchita Chanda, Ahmedabad

19th September 2017

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I am agree with you Priya. Good real estate agents can be difficult to find if you do not know the qualities to look for. As a house seller or buyer it can be stressful dealing with an agent who is not a great communicator. If the customer gets a good deal, the agent gets a good deal, which is why it is so important to choose an agent who puts their vendors first.

Devesh Kumar, Ahmedabad

19th September 2017

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