Real Estate Companies In Delhi And You

The moment we think about Real Estate, we think about properties, residential projects, commercial projects, and investment. Once hit hard by the global financial downturn, Real Estate is now back on the right track. When talking about the Real Estate Companies Delhi, one can see construction work in full swing. Everyday we come across numerous residential projects and/or commercial projects in Delhi and NCR. Dont we? This is possibly the best time for those who dream to own a home of their home. Financial institutes help the people by providing them with the home loans. If you too dream of buying a home of your own, this is the time you should go ahead. However, make sure that you buy your home from the Top Real Estate Developer India.

There is a number of Real Estate Companies Delhi. Many of them have their online websites where they showcase their latest projects and also tell about their past achievements. So, if you are interested in buying a home or a commercial property, make sure you go through the website of that particular Real Estate Company and check what it has done in the past. This will help you take the right decision. This will also ensure that you get the best value property for your hard-earned money. Dont invest your money without checking the credentials of the company.

Buying a home is a big investment and thus, you need to take utmost care while selecting from the Real Estate Companies Delhi. Choose the company which has been into the industry for a long time and has a number of completed projects under its belt.

You can in fact take the services of a professional Real Estate Agent who can guide you throughout the process. Also, read the property magazines available so as to know a bit about the latest happenings in the Indian Real Estate Market.

Last but not the least, use that much talked about Common Sense while browsing Real Estate Developers Delhi and dealing with them. This is the best time in the market when one can buy his/her dream home with ease. So, go for it.

The Aarone Group is a leading Delhi Based Real Estate Development Group. With over 20 years of experience in developing residential and commercial projects, we have a diverse portfolio of over 100 completed projects. Contact us and we would love to help you get the home of your dreams. We are among the leading Real Estate Companies Delhi.

Real Estate Agent 101

There are some qualities and skills that differentiate an outstanding realtor from an ordinary one.

Be a Responsive and Effective Communicator

The biggest problem real estate buyers have is communication; as agents take days to respond and do it on their own terms. Deals are broken and customers are lost because of this. It is necessary for a property broker or agent to understand the preferred form of communication of the customer and use it. Putting the customers in their comfort zone ensures they trust you and don’t withhold any information. At times the customer may operate in a manner which does not suit your style of working. In such cases, you should promptly and tactfully tell them about alternative methods of contact and availability.

You could say something like, “I wish to give you the best of my services. If we communicate through emails / text messages / whichever suits you best, I will be able to reply promptly to your queries. I am the most available during XX-YY hours.” This shows initiative on your part and also gives the client an idea of the best time and medium to contact you. It is important to respond within hours if not minutes. If you are not going to be able to meet the client’s requirements, immediately inform them if and when can you do so rather than not respond at all.

Timely and quick responses bring trust and increase the chances of closing the deal. It could also be the differentiator that gets you more referrals.

Be on Top of Market Trends and Local Data

The reason a buyer or seller turns to an agent is that he does not know enough about the local area and property market trends. From the client’s point of view, they are looking for a place to live and work – if you cannot give them a complete picture of what their life will be like in that property, they are likely to skip a good deal or make a bad deal. Either ways it hurts your business. Deals are taken or skipped on the basis of the smallest factors.

From an investor’s point of view he is paying you for advice – he wants a good deal that will give him good returns. He needs to be shown what the future of that property holds for him in terms of monetary gains. Many times investors do not know they can leverage their property. Providing such advice may create new business: for example you can help rent out that property. Investors typically do more homework than house owners or buyers and may have their own agenda. It is important to gain their trust, and give them accurate and profitable advice.

Clients come to a property agent because they feel the agent knows more than them. It is important to stay at the top of your game. Otherwise buyers and sellers will be quick to move on to a new agent or become a DIY realtor.

Selling Your Home Fast With Real Estate Agents

If you are planning on selling your home fast, in the current real estate market, it is important to be aware of the necessity of hiring the services of a real estate agent. A real estate agent, due to his expertise, can help you make a profit, by closing the deal to your benefit. Selling the house by yourself can make you vulnerable to the repeated reality of incurring losses. This happens for a number of reasons, the first being that you may not possess the adequate knowledge pertaining to this field and secondly, you may be unaware of the legalities involved in the process.

In addition, hiring the services of a real estate agency will ensure that most of the realtors who are a part of the MLS list will take notice of your home. Almost 90{8dac5dcb9f942b09754d29d206f8ecad2fe1c20701ee3d2765cee79f805470e6} of all the potential buyers utilize the services of agents to guide them during their search for new homes. It is profitable to hire an experienced and well-established professional, since he is capable of guiding you through the whole procedure. The assistance and services of the real estate agent is extremely important if you wish to sell your home fast, in any part of the world. An agent having a minimum experience of 5 years can help you strike a highly profitable deal.

How can a Real Estate Agent sell your Home fast for you?

Once you have established rapport with a particular agent, one whom you trust and rely on, give him the responsibility of informing you about the current market trend and position. Compare prices and decide on an ideal quotation for your home and property. This will provide you with a more realistic approach to the procedure at hand. It is advisable to set a slightly lower price for your home, a price that is lower than that of other similar houses in your neighborhood.

The agent should be fully equipped to present you with picture comparisons of similar properties that are also available in your area, from the local MLS office. Often, a prospective buyer will examine your home in just a few minutes and the price of the house is rarely discussed. However, prior to visiting the house, your agent briefs the buyer about the probable price for the house. A real estate agent provides information and advice on any renovations or changes that your house might have to undergo, in order to make your property seem more appealing and worthy of the price. This procedure of allowing for changes in the exterior as well as interior of the house is referred to as staging the house.

In addition, a real estate agent can also prescribe certain changes, like the factors that may be responsible for discouraging potential buyers from buying the property. A smooth and constant flow of potential customers is a healthy indication that your home is priced reasonably. Your home is displayed to prospective buyers regularly by the real estate agents. They are also responsible for pricing your home, depending on the current market situation.
Attempting to sell your home fast does require a lot of patience. However, with constant monitoring of the market, everything flows smoothly. Not only do the real estate agents ensure that you receive the most lucrative deals, but they also take on the responsibility of handling all the legal documents and liaisons involved in the process.

How To Avoid Unethical Behaviors And Dirty Tricks Of Realtors

Like in many professions and occupations there are honest and ethical people and there are some who arent. Since the commissions of the Real Estate Agent are being paid by the seller of the house a buyer cannot relay on his objectivity or impartial conduct, exactly as since without a buyer there is no deal, the seller can expect the agent to exert pressure to lower the selling price.

In short, the agents main interest is to make sure that there would be a sale, so he would be able to get his commission, therefore he would do anything in his power to make the buyer pay more than he wanted and on the other hand (the good hand :-), push the seller to settle for less than he hoped to be paid for his property.

In general it make sense to bring both sides to agree on realistic price that can cut a deal, what we would concentrate here though, is the unethical dirty tricks and manipulations some of the Real Estate agents are using in order to achieve it.

Misconduct of Agents to Seller

The sellers are the biggest losers from the real estate agents tricks

– Home owners are often duped into paying money to agents before their homes are sold. If their home does not sell, or it sells for less than the consumer was led to believe, this money, which often amounts to thousands of dollars, is lost.

– The main purpose of advertising is NOT to sell homes, but to raise the profile of agents, this is at the direct expense of home sellers.

– The payment of kickbacks from newspapers to agents can be as high as forty percent. This rebate or credit is rarely passed on to the home seller. It is kept by the agent.

– Home Owners lose millions through having their homes undersold at auctions. Home sellers are being convinced by a rational that the price goes up at auctions. But the reason the price goes up at auction is because it starts at a very low price. The truth is that auctions get lower prices more often than they get higher prices. Among agents, an auction is considered the fastest and best conditioning method.

– False and misleading offers, Many agents submit offers to sellers which are lower than the offer actually made by the buyers. This is done to make the genuine offer look good when it is revealed later. It is a common deceit. At other times, home sellers are given totally fictitious offers in order to convince them to lower prices.

– Home sellers lose a lot of money when agents use ‘bait’ prices to attract buyers. Agents indicate to homebuyers that homes may sell for a low price when they know very well that the home sellers would never want such prices. Agents say this is designed to attract buyers who can then be talked up in price. This ploy backfires on home sellers because it attracts many buyers who can only afford the low price. The agents then say to the sellers that “this is the most the buyers will pay.” The truth is that the wrong buyers have been attracted.

– Open Inspections, Almost anyone can walk through a family home without identification. This reckless disregard for the personal safety of home-owners is a serious ethical concern. Also, the more ‘lookers’ who can be attracted to an open inspection the easier it is to persuade the owner to reduce the price. Agents will say that there has been “lots of activity” and, if no one has bought, the price must be lowered. But agents do not say that the people who looked were not qualified buyers.

– Betrayal of Confidence, Many agents are quick to betray the confidence of home sellers. If the home seller is ill or going through a divorce or has financial problems, this highly sensitive information is often given to buyers. One real estate trainer openly boasts that he “loves divorces” and encourages agents to exploit this emotional trauma. The personal details of home sellers should never be revealed. Home owners are advised here to keep their personal problems to themselves or in other words take the fifth amendment.

How Real Estate Agents Manipulate Buyers

– Untruths, They deliberately telling lies about the likely selling price of a property causes enormous emotional stress to homebuyers. Buyers are often given false hope about the price a home may sell for. They get their hearts set on homes which they have little or no chance of affording. Buyers are often used as pawns to persuade owners to reduce prices.

– Apathy, The treatment given to many homebuyers is often flippant. Many buyers are stunned at the almost complete lack of interest shown by real estate agents when they make an enquiry.

– Showing Setup Properties, The agent begins the tour by showing to the potential buyer few run-down houses, in contrast to these first impressions even the medium quality homes he shows him later on looks pretty nice. This trick is based on a well known psychological principle of Relative Perceptual Contrast.

– Reveal Information,By law the seller’s real estate agent has a fiduciary responsibility to the seller, and they WILL tell the seller everything you say, so pretend you are under police interrogation. The first thing the agent will do is asking you how high you are willing to go on the house. Don’t fall for this trick. Just give them the price you want to pay for the house minus 6{8dac5dcb9f942b09754d29d206f8ecad2fe1c20701ee3d2765cee79f805470e6} – 7{8dac5dcb9f942b09754d29d206f8ecad2fe1c20701ee3d2765cee79f805470e6} and if they ask how high you are willing to go, tell them that’s it.

– Needless expenses, when buyers are told that a home is within their price range, they often spend hundreds of dollars to obtain legal searches and building inspections. Later, when they discover that the home was never within their price range, they become emotionally upset and are often furious at having wasted money needlessly.

– Auctions, Buyers are often lured to auctions in the same way that sellers are lured by deliberate misrepresentation of the price Buyers are told that the price will be low. Sellers are told that the price will be high. Great pressure is then applied to both sides at the auction. The sellers are pressured to reduce their price and buyers are pressured to pay more than they can afford.

– Buyers are often led to believe they have bought a home, only to be told later that someone else has paid a higher price for it.

– Investment Advice – The statements made to buyers about the investment potential of real estate are often misleading. Some agents tell blatant untruths about the potential of real estate. For many agents, it is always the “right time to buy”.