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How to Buy? > Finding a Good Broker

Finding a Good Broker

 

 

A broker is a linking pin between a buyer and a seller. A good one can facilitate a healthy deal, keeping the interest of both the parties in mind. However, with multiple options in the market, it is imperative to select the right broker, who would help you sail through the home buying journey with much ease and comfort. To reach at an informed decision, we recommend keeping the following factors in mind:

 

Market Knowledge: Your broker must be well aware of the local market dynamics. Ideally, there is no better person than him who can divulge the nitty-gritty of a locality, the realty inventory and the prospects. Information about property trends is a must, too. If you find a broker who is well-versed with the rules and regulations associated with the property buying procedures of the state/city, you are in safe hands. You should preferably opt for a licenced broker – one who is a member of National Association of Realtors (NAR).

 

RERA registration: In addition to being a member of a credible organisation, the brokers must also be registered under RERA. You can ask the broker for their registration ID which is generated after they register with RERA. All the details of the agent or consultant are published on the State’s RERA website. You can search for these details on the website using the registration ID.

 

Contacts: A credible broker networks with multiple developers, owners, and his real estate counterparts. He should be able to present a good assortment of options in your budget and location.

 

Comfortable with realty jargons: Real estate jargons can be confusing, particularly for a first time buyer. Thus, if you have a broker or agent who knows how to decode these terms, it becomes easier to deal with legal documents and paper work without getting duped. You should try and hire someone who understands and helps you apprehend encumbrances, carpet and super area, building and development permits, among other important things. The dealer should also be able to aid you in different procedures related to home loan facilitation, registration and stamp duty processes.

 

Get reviews about the broker: Once you are fairly sure about a broker, enquire about his previous clients. If he enjoys goodwill in the market, he would have clients who would willingly give him a reference. If possible, try getting reviews from his previous clients.

 

Be clear about the brokerage: There should be no ambiguity when it comes to brokerage fees. In most Indian cities, the fee is usually 2% for transactions priced above Rs 50 lakh and 1% for anything lower than this. You may negotiate on this count if the broker is a newbie. However, established brokers might charge a premium.

 

Consider multiple brokers: Do not finalize on a broker straightaway basis a single recommendation. Explore the market and interact with at least two or three dealers. Follow the tips and tricks listed above before taking the final call.

 

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    Comments

  • NEERAJ CHATURVEDI, May 27, 2022 | 2:29 pm

    Looking for flat in lucknow

    Reply view all reply

    • Tushar Mangl, June 2, 2022 | 1:14 pm

      Hi Neeraj, You can check out property listings for Lucknow along with prices and amenities at 99acres ( App or Website) as per your budget.

      Reply

  • Saikiran, April 3, 2022 | 12:46 pm

    Need google brokers for commercial

    Reply view all reply

    • Bikki Sharma, April 4, 2022 | 1:00 pm

      Hello Saikiran,
      Kindly visit the State RERA website for registered brokers or you can also visit the official website of 99acres and get the details of the brokers.

      Reply

  • Jayaram H J, April 2, 2022 | 9:39 pm

    Hi I am broker in Bengaluru I do whatever you want in this feild. Please give me a chance

    Reply view all reply

    • Bikki Sharma, April 4, 2022 | 2:44 pm

      Hello Jayaram,
      You can register yourself with 99acres. Kindly visit the website and do the required.

      Reply view all reply

      • Jayaram HJ, May 27, 2022 | 1:36 pm

        Yes

        Reply

  • Srijib Ghosh, April 2, 2022 | 8:46 pm

    I want to sell my within 17lakhs at Halisahar, kolkata north , West Bengal.

    Reply view all reply

    • Bikki Sharma, April 4, 2022 | 2:45 pm

      Hello Srijib,
      You can list your property on 99acres for the desired result. Alternatively, you can seek professional help from a registered property agent.

      Reply

  • Bharat Ailawadi, April 2, 2022 | 8:17 pm

    Mall maintenance company is charging unauthorized charges like air conditioning charges for non ac portion where to take for resolution or help.

    Reply view all reply

    • Srimayee Dutta Gupta, April 6, 2022 | 4:55 pm

      Dear Bharat,
      You may seek a legal opinion on the concern for appropriate assistance on this.

      Reply

  • Madhusudan Sanghvi, April 2, 2022 | 7:57 pm

    It’s the other way round anything above 50,0000 lakhs is 1% and below 2%..

    Reply

  • Gangapuram Krishnamurthy, April 2, 2022 | 7:54 pm

    Kompally villas ready to move

    Reply view all reply

    • Bikki Sharma, April 4, 2022 | 2:48 pm

      Hello Gangapuram,
      This is not the appropriate forum to advertise your property. Kindly list your property on 99acres listings. You can visit the website of 99acres.

      Reply

  • Yogendra Singh, October 4, 2021 | 11:47 pm

    Planning to sell house on 500+ lot in Greater Kailash 1, New Delhi. Please provide a list of brokers in this locality. Thanks.

    Reply view all reply

    • Bikki Sharma, October 5, 2021 | 10:07 am

      Hello Yogendra,
      You can visit the State’s RERA website and find RERA registered brokers. Alternatively, you can also choose to list your property on 99acres. You can use the link https://www.99acres.com/do/buyourservices

      Reply

  • Abhishek Jadhav, September 17, 2021 | 4:29 pm

    How to find a brokers office

    Reply view all reply

    • Bikki Sharma, October 5, 2021 | 11:35 am

      Hello Abhishek,
      To find a brokers office you can choose to visit the State’s RERA website and get the relevant details about registered brokers.

      Reply

  • Abid khan, June 29, 2021 | 11:48 am

    I want sell my property in unnao that is 1350sqft at 1500000

    Reply view all reply

    • Shephali Kapoor, June 30, 2021 | 1:36 pm

      Hi Abid, please contact a local broker who can help you with the sale. Alternatively, you can list your property on 99acres.com.

      Reply

  • hemanth, April 17, 2021 | 10:04 am

    hi I’m looking
    for flat at Mangalore, can you me help me out

    Reply view all reply

    • Bikki Sharma, September 23, 2021 | 12:29 pm

      Hello Hemant,
      If you are currently looking for a property, you can check out the listings on https://www.99acres.com/
      Alternatively, you can also contact some local brokers in Mangalore and seek their help.

      Reply

  • P Abishak Flamy Paul, March 20, 2021 | 3:20 pm

    I am looking for someone to purchase my property located in vadavalli Coimbatore.. can yu pls suggest some real estate brokers

    Reply view all reply

    • Bikki Sharma, October 5, 2021 | 1:38 pm

      Hello Abishak,
      To get the brokers information you can visit the State’s RERA website. Alternatively, you can also try to see the property listing on 99acres.com for Coimbatore.

      Reply

  • Hema Reddy, March 15, 2021 | 6:35 pm

    Hi I am looking for investment in land for cold storage near Bangalore airport for purchase can you please help me with some realtor who can help

    Reply view all reply

    • Bikki Sharma, October 20, 2021 | 11:22 am

      Hello Hema,
      You can visit the State’s RERA website and get the information details about all the registered RERA brokers.

      Reply

  • Akshaya Sundaramurthy, February 9, 2021 | 5:20 am

    Hi, I am looking to purchase a property in tamil nadu to generate rental income. Can you suggest real estate agents? Thanks!

    Reply view all reply

    • Shephali Kapoor, February 22, 2021 | 7:37 pm

      Hi Akshaya, you can search for the list of agents in a given locality online.

      Reply

  • Sandipsinh Vaghela, December 27, 2020 | 5:33 pm

    My Proparti sell

    Reply view all reply

    • Bikki Sharma, October 13, 2021 | 11:00 am

      Hello Sandipsinh,
      If you wish to sell your property then you can contact a registered property agent. You can find a RERA registered broker from the State’s RERA website. Alternatively, you can also choose to list your property on 99acres. You can follow the link https://www.99acres.com/do/buyourservices

      Reply

  • Rakesh, November 26, 2020 | 10:32 pm

    Rent home

    Reply view all reply

    • Gautam Sharma, November 27, 2020 | 10:29 am

      Hi Rakesh,

      Please specify whether you are looking for rental accommodation or you want to rent the property. If you are looking for rental accommodation, then I would suggest you to specify the location, configuration and budget so that I can help you in a better way.

      And if you have a property which you want to put it on rent then, you can post your advertisement here: http://www.99acres.com/do/buyourservices to get better results.

      Thanks,

      Reply view all reply

      • Syeid Ahmed Sailani, March 29, 2021 | 12:16 pm

        I want to rent a ground floor house close to ring road besides Misty waters Appartments three bedroom furnished with interiors and beds …1300 sft …..rent 25000/

        Reply view all reply

  • Alok, November 3, 2020 | 8:46 pm

    Flat for rent

    Reply view all reply

    • Subhadra Bhadauria, November 9, 2020 | 1:15 pm

      Hi Alok,

      Please mention the area where you want to rent a flat so that we can help you with the list of brokers operating in that area.

      Reply

  • Vasanth, October 21, 2020 | 8:46 pm

    I’m looking for tenants for 2bhk house in second floor.

    Reply view all reply

  • Kavitharamesh, May 19, 2020 | 1:57 pm

    Patta plots sale in Veppampattu,0.5km from railway station 950rs sq ft, totally 7 grounds available

    Reply view all reply

  • Abirami, February 23, 2020 | 2:18 pm

    Rental house

    Reply view all reply

    • Akanksha Saxena, February 24, 2020 | 9:47 am

      Hi Abirami, please specify whether you are looking for rental accommodation or you want to rent the property. If you are looking for rental accommodation, then I would suggest you to specify the location, configuration and budget so that I can help you in a better way. And if you have a property which you want to put it on rent then, you can post your advertisement here: http://www.99acres.com/do/buyourservices to get better results. You may write to them at feedback@99acres.com or call at the Toll-Free # 1800 41 99099 (Monday – Saturday 9:30 AM to 6:00 PM IST) for further assistance.

      Reply

  • murali, August 6, 2019 | 12:41 pm

    Kumarswamy layout JP Nagar 1st Phase

    Reply view all reply

    • Shephali Kapoor, August 31, 2020 | 12:59 pm

      Hi Murali, please elaborate your query so that we can assist you better.

      Reply

  • sanjay gajora, July 29, 2019 | 12:55 am

    3 bhk shantinagar leeavas urjunt

    Reply view all reply

  • Nagabhushana M R, May 9, 2019 | 12:40 pm

    Enquiry

    Reply view all reply

    • Subhadra Bhadauria, June 8, 2020 | 4:43 pm

      Hi Nagabhushana,

      Please elaborate on your query so that we can assist you better.

      Reply

  • Darpan, April 8, 2019 | 12:40 pm

    Plz provide me broker who can list my property for rent

    Reply view all reply

    • Subhadra Bhadauria, March 16, 2020 | 3:26 pm

      Hi Darpan,

      Please provide the area for which you need the broker list.

      Reply view all reply

      • N P Shetty, November 9, 2020 | 9:51 am

        I want to let out 2 bhk property at B G Road Gottigere. Please provide me the details of Brokets at Gottigere

        Reply view all reply

        • Subhadra Bhadauria, November 9, 2020 | 12:45 pm

          Hi NP Shetty,

          Please click on the link here to connect with some of the brokers operating in Gottigere, Bangalore South, https://bit.ly/2JPLtYp.

          Reply

  • Raj Sekhar, April 2, 2019 | 5:24 pm

    Need 1,2 BHK House for rent. In patel nagar, Rajendra nagar in delhi.

    Reply view all reply

    • Subhadra Bhadauria, March 16, 2020 | 3:24 pm

      Hi Raj,

      You can hire a broker in the preferred area to crack the best rental deal. Besides, you can also explore various rental options at https://www.99acres.com/

      Reply

  • M. A. Khan, March 16, 2019 | 1:01 am

    English electric anger 1200 s pit land rent near 200fet roat

    Reply view all reply

    • Gautam Sharma, July 31, 2020 | 5:36 pm

      Hi M.A. Khan,

      This is not the right platform to post ads for your property. We suggest you to post your advertisement for sale here: http://www.99acres.com/do/buyourservices
      You can include all such details like your property is near the 200ft road while writing the description of your property.

      Thanks

      Reply

  • Anil karpe, March 15, 2019 | 7:53 pm

    kalyan west

    Reply view all reply

    • Subhadra Bhadauria, June 8, 2020 | 4:12 pm

      Hi Anil,

      Please elaborate on your query for better assistance.

      Reply

  • Kumar, January 24, 2019 | 2:37 pm

    House for sale

    Reply view all reply

  • Durlabh Saraswat, December 10, 2017 | 8:36 am

    We want to buy a plot for personal.

    Reply view all reply

    • Shradha Goyal, February 17, 2020 | 1:12 pm

      You may look for potential properties on 99acres.com

      Reply

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