8 tips to help you choose a real estate broker

Story 06 Apr 22, 3:30 pm

Here are 8 tips for choosing the right real estate broker who can help you buy or sell a home.

  1. Check the credentials

Always check for the credentials of your prospective real estate broker. Too many buyers and sellers make the classic mistake of failing to do a background check on their real estate agent. It is advised to seek out proof of their credentials in the interview stage itself to prevent possible fraudsters who might likely instigate financial loss and complications.

  1. Channel of communication

Be very specific about your communication modes and style of communication. No one needs to put up with an agent who out their clients in the dark. Therefore, keep an eye out for communication techniques that are similar. At all times, you and your broker must aim to be on the same page. He or she should be an excellent communicator. This entails being a competent listener, capable of truly hearing and acting on your needs and demands.

  1. Experience

Some homeowners choose their real estate brokers solely on experience and reputation. Although it is important to listen to the word out there before finalizing your agent, keep in mind that experienced agents may not always bring the best results that match your preference. The best real estate brokers can be anyone, even fresh faces!

  1. Local knowledge

A key requirement for a good real estate broker is in-depth expertise in local market trends. He or she should be well versed with the property trends and market values in your local area. They would also be more familiar with the community, which makes them easier to bring you the best matches.

  1. Updated

Among the other things, check to see if your agent is technologically updated. A real estate agent who is not tech-savvy would pretty much be useless in this modern era of advanced marketing methods and digital innovations. 

  1. Time allotted to you

Are your real estate brokers available to you all the time? Or do you find yourself on a hold list all the time? Your ideal real estate consultancy must be willing to go the extra mile to take care of your best interests. They should be up and ready to answer your queries so as to fetch the best possible results before you.

  1. After services

Many realtors provide an array of services after the closure of your deal. Choosing them may apparently be more beneficial than the brokers who stick to strictly real estate.

  1. Fee

Of course, the amount you are going to be charged is another key component that decides your real estate agent. Even though there are no official provisions that specify a broker’s fee in Dubai, the industry norm is 2-5% of the sales price.

 

Conclusion

Finding the best real estate broker in Dubai can be overwhelming at times. There are many factors one needs to consider when choosing a real estate consultancy, including expertise, credentials, fees, communication, integrity, etc. 

Who you pick as your real estate broker matters in more than one way. So it is important to take your sweet time in deciding the best one for you.


Written By
       David Doe