Working with agents

WHAT YOU NEED TO KNOW TO GET YOUR PREFERRED RESULTS

Why is there a sector identified as a real estate agency? Why do real estate agents exist, and why are they essential in real estate transactions? In reality, sealing a real estate deal is not as easy as it may seem. There are many steps, processes, and possibilities to consider before a deal is complete, and having a competent guide is a great idea if you are looking to avoid making mistakes that could cost you a fortune or a lawsuit.

WHAT DO AGENTS DO?

  1. Real estate agents act as intermediaries and negotiators between buyers and sellers.
  2. They provide realistic valuations of property based on the current trends.
  3. They can determine which properties will become more or less valuable over time.
  4. They find buyers that can offer more.
  5. They know the processes and regulatory policies.
  6. They take potential buyers on property tours.
  7. They understand real estate marketing and can vastly reduce the time it takes for you to find a buyer for your property.

Having established the need for agents, you must also consider ways that you can assist them in getting your preferred results. Here are some tips.

1. Verify. Ascertain your agent’s level of experience and aaexpertise before engaging their services. It is always aaadvisable to work with agents who are attached to aarespectable firms.

2. Co-operate. Open up on your needs and be open to receiving advice.

3. Be realistic. Don’t make your agent’s job more difficult aaby setting unrealistic targets or restrictions.
4. Control your emotions. Emotions can cloud judgment. aaAllow your agent to make informed decisions and aaprovide guidance on the eventual decision.

5. Be prepared to walk away. It can be disappointing aawhen a deal doesn’t pull through. You must be aawilling to take your agent’s advice if they are not aaconvinced that you are getting the best deal.

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misa limited

MISA Nigeria Limited is an integrated real estate and property development company specializing in the construction and delivery of high-quality bespoke housing. We also offer sales and lettings services, facility management and real estate advisory services (planning approvals, conveyancing and others).

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