What Makes the Real Estate Consultants Indispensible?

Property Dealer in India

Investing in real estate might look rosy and simple – there is hardly any doubt about it. In fact, real estate is a fast growing business and a magnificent source of employment. You will find real estate firms hiring various types of professionals to run their business. They include brokers, inspectors, lawyers, and other professionals. However, running real estate business and investing in properties is not as easy as it looks apparently. On the contrary, there is a fair amount of risk associated with real estate investment. One wrong step may invite utter disaster. That is why, if you are planning a real estate business, you need to hire a real estate consulting firm as well, which will guide you in your endeavor to prosper.

What Difference Does A Real Estate Consultant Make?

Are you looking forward to purchasing a fully furnished office space in Delhi? Have you planned to put your old godown for sale in Noida? Either way, a real estate consultant will use all its experience and assist you in the process. Be it purchasing, investing or selling real estate properties there are a plethora of issues to deal with. All these three areas of real estate business have their own technicalities and issues to tackle and a quality real estate consultant would coordinate everything in a seamless manner using all their experience and expertise.

Whom do you Rely on the get that Difference?

 

There isn’t any dearth of real estate consultants in India and Delhi is no exception. In a crowded pool of too many names, you need to pick up one of the bests, if not the best one. In order to do so, you need to opt for the ones that are truly experienced and have been in the business for long, and the ones that are enough seasoned to provide you all the guidance you need. The name you vouch for, has to have a healthy pool of reference or contacts and should be competent enough to help you in considerable savings by the virtue of these contacts.

You need to take into consideration the location of the consultant as well. For instance, if you are looking to purchase an office space in Connaught Place, you cannot look for a consultant from Pune. Rules and every aspect changes from place to place in real estate business and you need to be specific when it comes to choosing a quality consultant.

The Issue of Discount

One major setback that you have to face when you move all by yourself, you seldom can save. That’s where the presence of a quality would come in handy. Quality real estate consultants come up with schemes that help you earn discounts on purchases, and that leads you to considerable savings.

When you accumulate this, with all the guarantee and safety assurance that these companies provide you on a property along with all the assistance they provide, the contribution of these companies indeed turns to be enormous, thus proving their indispensability in the realm of real estate business.

Therefore, the bottom line is that but for these real estate consultants, you simply cannot excel in real estate business.

Some Qualities That Make A Successful Real Estate Consultant

Being a successful real estate consultant is not a matter of joke. It needs a great deal of expertise along with some added qualities to be a successful real estate consultant anywhere in the world. Here are some qualities that make a successful real estate consultant.

They Correspond

This is the first and foremost quality of a good real estate consultant. When it comes to purchasing an office space in India, regardless of the location, it is, to say the least, a Himalayan task, full of stress and uncertainty involving a lot of paperwork, paraphernalia involving the infamous red tape and other associated doldrums. Hence, while going through this entire complicated process, it is important that the investor and the consultant constantly be in touch with each other to avert any issue. There should be a constant correspondence between the two parties. An able and truly professional consultant will maintain a constant correspondence with its clients to keep at bay any confusion whatsoever.

They are Proactive

A quality real estate consultant needs to be proactive in order to excel in their forte. In other words, they have to bring out, out of the box ideas to make things happen, rather than waiting for things to happen. They need to be initiative in closing deals and that also in favor with their clients and constantly generating new leads for their customers, getting in touch with the potential sellers and buyers, fixing meetings and communicating with their clients an intimating them about the newer prospects.

They Listen

Someone who is looking to purchase an office space in Noida must have got something up his sleeves. He must have some futures plans related to his investment. Hence, the agents need to be an attentive listener, who would pay heed to every minute details that their customers disclose regarding their objective and keep them in mind while looking for properties. People are generally wary o the consultants who talk too much and listen less. They should also keep in mind the customized requests (if any) from their clients, as this will help them in value addition to their service, which the clients expect from them.

They are Client Centric

Whatever a quality real estate consultant does, that is entirely client-centric. Their first and foremost priority is clients and their preference. Their every move is for the benefit of their customers and they put themselves in the shoes of their clients and empathize with them, to make sure the clients get exactly what they need.

They are Flexible

Every quality real estate agent has a business policy and that’s quite obvious. However, that does not mean they need to be stubborn so much so that the clients do not feel at ease working with them and they have to shift to another service provider.

A quality real estate consultant needs to be flexible enough to adapt to the customized needs of their clients and act accordingly. This may include going some extra miles to satisfy their clients or providing some extra favor to a client, it that makes a considerable positive difference from the clients’ perspective.

These minor adjustments and value additions go a long way in boosting clients’ confidence, opening the door of mutual advantage and a successful business venture, creating a win-win situation for both the sides.

Some Biggest Purchasing Mistakes in Real Estate Fraternity and How to Avoid Them

The principal task of the Real Estate consultants is to guide their customers in making an investment in properties and making sure that they refrain from committing certain customary mistakes. Here are some mistakes that people tend to commit while dealing with real estate properties.

Opting for the wrong agent

Real Estate is one of those businesses, where you people cannot take a single wrong step. The most common mistake that people end up committing is that they opt for the wrong agent. This is a disaster, and lead to some irreparable damage. Hence, it is imperative that a lot of fact-finding is done before bestowing the responsibility on a particular agent. It is the responsibility of the consultants to provide adequate guidance and advice to their customers in this aspect, be it in relation to putting up a godown for sale in Delhi or giving a warehouse for rent in Gurgaon.

Dealing with the sellers directly

This is another mistake that people end up committing, wherein they get in touch with the sellers directly, without knowing much about the technicalities of real estate business, thus ending up being caught in nefarious traps and suffering losses in heaps. In order to avoid this, it is advised not to get in touch with the sellers directly but go through the real estate consultants, who will provide valuable tips, and guidance so that the best deal is struck.

Not Seeing The Records And Going By The First Impression

This is another very common mistake that people make, wherein they go by the first impressions of the dealers, ignoring the blemishes and their history. This is can bring disaster and in order to avoid this, the only way is to do a lot of probing, wherein every detail of the dealers need to be unearthed. In this again, an experienced consultant will come in handy.

Not DOING A PROPER HOMEWORK

This is another common fallacy, which can very easily invite trouble. Investment in real estate property is a very complicated affair, full of risks and full of a sea of technicalities and factors that are to be considered. In order to get familiar with all these issues, one needs to do a lot of homework and consult experts and the real estate consultants who provide valuable inputs regarding investing in a property.

More so, when it comes to financing, it is imperative to do a thorough research and a comprehensive homework.  This is because a single false step can lead you to a significant financial loss you will find hard to recover from.

Compromising The Property Requirement

Real estate consultants take into account the requirements of their clients and based on these requirements, they go for the hunt. Now compromising these requirements jeopardize that search and leads to a significant negative effect on the quality of the property that is selected. Also, the financially that is not very feasible as in spite of a compromise on the requirements, there aren’t any significant financial savings. Hence, it is important to stick to the requirement, even if that costs time for the hunt for the adequate property.

Real Estate Consulting – A New Trend of Income Generation

Real Estate Consultant

Real Estate consulting is indeed one of the most lucrative businesses that act as a major source of income generation.

The most interesting aspect is that at the first glance, real estate consulting might appear to be at odds with the commission-based model, upon which the business is based. However, the truth is that real estate consulting can be of great help when it comes to converting more and more leads to full commissions. Let us discuss the concept in details.

The Concept in Details

Primarily, it is essential to take note of the fact that just like regular commissions, consulting does not involve any fixed rate. Consulting fees and commissions are always negotiable and depend upon the extent of service provided and the type of service provided. For instance, commission involving the sale of an IT office space in Noida will surely be much higher than renting an office space in Connaught Place. Therefore, for each client and each opportunity, the consultants have to be determined the best fitting or suitable commission for the business.

How it Works

In order to ascertain how things in real estate consulting works, it is essential to establish a distinction between the normal model commission sale and consulting. As per the experts, a salesperson just ‘tells ‘n sales’ goods and services, whereas a real estate consultant is the one who actually ‘guides but does not decide’. As per this theory, the consumers at the time of investing like to have someone at their side, who will act on behalf them, though stop short of taking the final decision, bestowing that responsibility to the consumers. In fact, they like to hire these professionals to represent as well as safeguard their interests.

The New Online Trend and its Effect

 The modern generation prefers to conduct all the research and gather information online or through referral systems. This has made a better and more professional approach of the real estate consultants. They have to play that role of that trusted referral or resource, which is good enough to provide clients with all the information that they require so that it is possible for them to take the best decision in connection to their investment.

A certain pool of experts is of the opinion that these consultants provide way too much service to their customers, without being paid appropriately and accordingly. However, this is not correct, as there is nothing called ‘free service’ in the world of real estate consultancy.  More so, after the advent of online business, the customers pay for whatever service they take from these consultants.

There has been a new trend in the realm of real estate consulting, which vouches for an hourly rate, as this is the best way to gauge the worth of a professional. There are state-of-the-art time-tracking apps that these consultants use and they charge their customers strictly based on the hour of service they provide.

Hence, as things stand now at present, real estate consulting has indeed newer and more lucrative avenues of negotiating on the behalf of investors and freeing deadlocks and troubleshooting issues against fees. Thus, this profession is perceived as a very attractive source of income generation.

Real Estate Consulting – A Must for Property Buyers and Developers

Fully Furnished Office Space in Delhi

Investing in properties is always a risky affair, as it involves an investment that is all but meager. Naturally, you need to make sure that you get a proper worth of your investment in the short term as well as long-term perspective.  Be it a fully furnished office space in Noida or a warehouse for rent in Delhi, you must make sure you are not left with a red face, having invested upon something that is not going to fetch you enough results, going forward. Here is where a quality real estate consulting firm comes into play.

What difference will a property consultant make?

Quality real estate consultants with all their knowledge and experience give an insight about the pros and cons about the property you are planning to invest upon. They have a huge network of connections including developers, owners of properties, brokers, purchasers and the likes. They can use all the connections and provide you the real picture of a property before you actually purchase it. Besides, they are well conversant with the latest trends in the real estate industry and well familiar with the legal and technical nitty-gritty and hence will come up with all their assistance, so that you can acquire a property without any hassle whatsoever and can be sure of its return in terms of revenue subsequently.

It is not imperative that you have to take the help of a real estate consultant. You can very much look for a suitable property and go ahead to purchase it all on your own. However, the problem is that it might drag you into some unnecessary risks, and some needless headache, as these property handovers involve loads of paperwork that takes weeks and even months to get over. The same applies to a sale of properties. Consulting a real estate consultant will make the property purchase or sale, a hassle-free affair and as simple and trouble-free as purchasing stuff online. Most importantly, these companies help you make a considerable amount of savings.

How to get in touch with these companies

Getting in touch with prominent real estate companies in Delhi is quite easy. You will find a plethora of these companies on the net. Every company has a pretty strong online presence each of the companies you find on the net will claim to be the best in the business. Go through their websites carefully, and ascertain their experience in the relevant filed. Go through the testimonials left by their previous clients to get a fair amount of idea regarding their expertise. This will help you to narrow down your search and discard the ones you don’t feel to be competent enough. Now talk to them individually as this will help you narrow down your search further.

A quality real estate consultant will not present a rosy picture and make promises that are too good to be true. They will thoroughly provide you information regarding the property you are eyeing for, or you are disposing of, based on the ground reality and will go all out to assist you in your deal.

Hence, if you are looking forward to purchasing an IT office space in Gurgaon for your new business, get in touch with a quality real estate consultant before you do anything else.

How to work with a real estate consultant in Delhi/NCR?

Office Space in Delhi NCR

When it comes to working with the real estate consultants, a specific method needs to be followed. This is needed for mutual benefit and to make sure there is a win-win situation for both the parties. Let us discuss some of the methods that apply while working with these consultants. Though the rules might chance subject to situations, the crux remains all the more same.

Enter into an agreement

First of all, you need to enter into an agreement with the consultant. This agreement should clearly explain the respective responsibilities duties in black and white and should distinctively define the relationship between the parties involved. This type of agreement also negates the scope of any subsequent misunderstanding or probability of overlapping into each other area of expertise.

Let there be transparency

You need your real estate consultant to know what you expect of him. This will help you avoid misunderstanding subsequently. For instance, if you are looking forward to purchasing an IT office space in Delhi, you should expect your consultant to drive you all around the city to all the showings. Disclose hat to your consultant openly. If you have any reservation regarding any area due to security issues, let that be known to your consultant.

Again, if you are trying to sell off your office space in Sector 44 Gurgaon, you might not want the realtors or people come down to your office to communicate with you. In this case, again, your consultant should play the part of the mediator and arrange for meetings appropriately. You need to be realistic about your goals and it’s the duty of your consultant to advise you on that. The idea is to have a mutual respect and crystal clear transparency between the two parties.

Understand the contracts in details before signing

In case you are entering an agreement with the real estate consultant, you need to understand every bit of that clearly before you put down your signature. In case you are not clear about any clause or you do not understand any aspect of the agreement, do not hesitate to ask the consultant. It’s their duty to explain things to you in details. Again, you need to keep in mind that these consultants are not lawyers and hence do not have the expertise to interpret the legal affairs. Hence, if you have any simplest doubt, get in touch with our lawyer and clear things out before entering any contract.

Make sure your objective is met

Be it a getting rid of an office space in Noida selling off a parking space somewhere in Delhi, you need to make sure that consultant you work with, is after all, able to help you out in meeting your objective and make a sure profit. Remember, whatever you do its profit that determines your success and failure.

So, from a pool of a number of real estate consultants, you have to pick the one up that will stand up at your side and will assist you to in every aspect when it comes to acquiring a real estate property or disposing of one.

How to Select a Quality Real Estate Consultant?

Business Centre in Noida

When it comes to selling or purchasing a real estate property, an accurate property evaluation is an absolute imperative. This is particularly important for challenging the cutthroat competition that prevails in the real estate market. A proper appraisal of real estate property helps in realizing the market value of a property be it in the midst of the proper business center in Noida or in the outskirts of Ghaziabad. However, for that one would need a quality real estate appraiser or consultant.

Real Estate Consultants are actually agents who are specialized in finding out an accurate market value of a particular property, particularly in this era of a harsh competition. There are a number of real estate consultants available in the market and this at times poses a trouble for people. Availability of too many options leave them virtually perplexed and opting for the best one from them is frankly speaking, not an easy job. Let us discuss some tried and tested methods of choosing the right real estate consultant from a crowd of a lot.

Accreditation and License

Prior to hiring a real estate consultant, it is important to check the company’s license and find if the consultant in question has the authority to run the business. In case the property in question is in another state, it is important to check if the company has the authority to run business in that state or location. This not only helps in hiring the evaluator, who is licensed to carry out the appraisal process in that state where the property is located.

Educational Background and Training

Before appointing a real estate consultant, their educational background needs to be checked. Besides, one should also check if the consultant has the required training, which an appraiser must undergo for satisfying the requirements of the state where the property in question is located. Quality and eminent consultants possess those professional designations, which are issued by the respective states in the form of certificates. These certificates are a proof of the commitment of the consultant to standard ethics needed for carrying out business.

To earn these certifications and designations, the consultants need to have specific educational backgrounds and experience, which are subject to specific states and areas. Hence, it is necessary to conduct a thorough research on this subject, before hiring a consultant.

Service Area of the consultant

One has to make sure that the consultant in question has specialized in the area where the property is located. For instance, when it comes to purchasing an office space in Nehru Place, a consultant who is accustomed to the area and has enough experience of handling properties in and around that area should come in handy. Someone who has more experience of working in Faridabad or Huda City will not come in handy.

The Experience

Last but not the least the experience of the consultant needs to be taken into account. The job of a consultant is not that easy. Frankly speaking, it takes years of experience, to gain a proper exposure and a hold on the market, and be an able consultant to be in a position to guide customers on a subject as dicey as real estate.

IT Office Space in Noida – How to Enlist the Latest Real Estate Properties

IT Office Space in Noida

Listing real estate properties is a tedious task, mainly because the list keeps on changing. Hence, when it comes to enlisting the real estate properties, one must make sure that the list is absolutely up to the date. Moreover, the list needs to include all kind of immovable assets. The task is easier said than done, and since it is a huge sector one has to be immaculate in the listing. It asks for a considerable amount of research to prepare a complete list and there are specific ways to do so. Here are the ways that you can use for preparing the list.

Online Directory: This is perhaps the most accurate and easiest way of enlisting the properties and finding out potential dealers and customers. It also becomes easier to find out various services provides as well as companies that are coming up with lucrative offers.

Real Estate Agencies and Agents: There are a number of agencies as well as agents, which offer attractive value-added services. All these agents and agencies have a strong online presence. Browse through their website to find out what they have in their kitty to offer you. You can raise your queries to them and their support desk will be more than ready to provide an accurate assistance and solution to the problem.

Online guides: You will find a number of online guides, which will help you locate the names of the property dealers and the contact details thereof. These guides also have provisions that will allow setting up appointments with the professionals and arrange for F2F meetings. Hence, be it an IT office space in Noida or a garage in Hauz Khas in South Delhi, or procuring a sprawling office space in Gurgaon, you will get everything readily online.

Media & News: This is another extremely effective method of looking for various dealings, as the information that is provided via these media are always not only accurate but are also correct.

Consultancies: There are a number of consultancies that have come up of late and have made things trifle easier for the customers, as these organizations pay personalized attention to them, depending upon the personal details and the extent of investment, which is provided. However, here one must make sure that absolutely accurate information is provided when registering.

Associations: These are specifically-designed regulatory bodies, which provide some up to date and extremely accurate knowledge, regarding real estate listing. These associations also provide the scope of interacting with highly skilled professionals and experts and that help in acquiring some latest knowledge and ways to grab some opportunities.

Conferences: From time to time, conferences are held for the benefit of the customers who can gather suitable know-how and other details as per their need. Understandably, this does not need them to personally interact with them, as these conferences provide the option of online conferencing.

Legal Advisers: This is another extremely reliable source, which people can use to search for the best deal, as these professionals provide absolute accurate and up to date information. They even provide a specific solution for even the beginners as these people have a sound knowledge about all the legal nitty-gritty.

Efficacy of Real Estate Consulting As a Promising Business Model

Rented Property in Gurgaon

Before we start an in-depth discussion about the efficacy of the practice of real estate consulating as a potential business model, let us at first mention that along with a wide range of specialized service, these real estate consultants offer:

  • A-la-carte services to the purchasers and sells on the basis of hourly service
  • Packaged services with pre-priced bundles that are solely based on the requirements of the consumers
  • A wide range of ancillary services like help in solving disputes over property tax, marketing valuations for insurance and a wised range of related services

Efficacy of a Consumer

Now let us come to the issue of evaluating the efficacy of a consumer, which is also an extremely important factor to consider before we discuss the worth of a real estate consultant. Ideally, a consumer gains a fair amount of flexibility when it comes to choosing the services they need from the consultants.

Sometimes, the seller or buyer of an office space in DLF cyber city-Gurgaon is confident about taking up the challenge of completing some of the tasks that are associated with the business deal. This may include negotiating the contract and even deciding upon the final price. In these cases, these consumers have the leverage of paying the consultants only for those services that they are taking from them, instead of a package as a whole.

This helps the seller or buyer of say, a godown for sale in India in a considerable amount of savings. Besides, this also means that the sellers can get a lower listing commission expenses, while the buyers can enjoy credits or rebates if they have made payments for the services that are rendered up for closing.

This is one way reduces the responsibility of the consultant and shrinks the efficacy channel to a considerable extent. Hence, you see the efficacy of a consultant is also dependent on the efficacy of the consumer and vice versa.

Efficacy of a Real Estate Consultant

Quality real estate consultants never market themselves offering services like CMA or comparative market analysis, driving the buyers around in various parts of Delhi or NCR for viewing and deciding upon properties, and the likes. Instead, they provide specialized real estate consultations, which open up newer revenue streams like helping the property owners’ dispute over the valuation of property tax, evaluate the properties for sale as FSBO or ‘For Sale by owner’, or assisting in closing an FSBO, once a buyer has been finalized.

Other Areas Where Real Estate Consultants Make a Difference

These consultants also come in handy while working with the investors. Investors are actually buyers or sellers, who would look to opt for any method that will help them, save on transactions and increase their ROI in short as well as long-term. These consults provide them the easiest routes to savings and make sure that they invest on something that is going to fetch them profit either in the short run or in the long run and that also in a more or less hassle free way.

A Brief Account of Online Real Estate Investment

rented property in Gurgaon

With changing times, new business trends, as well as styles, are hitting the road. In all major aspects of our lives, we can perceive this change in trend and tradition. How can real estate business fraternity be an exception? New trends are coming up and one of the most promising an eye-catching of them if the online real estate investment.

The New Concept of Online Real Estate Investment

The new trend of online real estate investment is now quite popular and is making headlines at present. It’s a global phenomenon and things are no different in India. People are in fact looking for the online property dealers in Gurgaon and other places around Delhi and NCR and thus, the importance of online real estate consultants have suddenly increased. As per the experts, this is only the beginning. In fact, they are of the opinion the coming years are going to see a further dominance of online real estate business. This is undoubtedly going to make the role of real estate consultants more prominent in the days ahead.

The Scenario At Present

Because of the present trend, the professionals in the real estate industry are conducting activities online and this has prompted various policies to undergo slight adjustments to make them suitable for the online businesses. Again, under the changed circumstances the real estate consultants play a pivotal role in guiding these investors through this new mode of investment. With people getting into the realm of cyber marketing and gaining increased exposure via the websites, these consultants have to play a more dominant role in helping these investors out in their ventures.

In this changing scenario, the role of the real estate consultants is not just limited to providing tips and suggestions. Their responsibilities now include keeping their clients well conversant about the latest trends, informing them about the latest events that have unfolded in the real estate business fraternity. Besides, the duties also involve providing the investors, unbiased information about the trends and locations in and around Delhi and NCR, giving tips on purchasing stuff and investing in them. They also help to find them the best transactions, and the most invaluable data on whatever they need to know for the striking the best deal – be it on an office space in Saket or a fully furnished office space in Gurgaon.

The New Trends

In order to stick to the latest trends of the real estate industry, investors like to keep in touch with the online real estate consultants, even before taking a single step. These consultants influence their customers by their invaluable online devices. The latest trends suggest that the potential buyers or investors trust these online consultants, much due to the way they market themselves and live up to their reputation while assisting their clients. In fact, these online consultants sell themselves in various innovative techniques, and this makes them indispensable in the world of online real estate ventures. As per the experts, this new trend is not only going to stay but will overwhelm the conventional real estate industry sooner than later.