We know, maybe you’ve never thought about it, and you’ve always assumed that those who propose to you to sell your home is a realtor regularly qualified for the profession, but unfortunately, in India, it is not exactly like that!
It could have happened to you if you are already looking for rented properties in Delhi or selling a house for several months to deal with without knowing it with characters who pretend to be realtors but have no title to practice and are not guaranteed for their civil liability in the case where you get damage, doing this job illegally.
WHAT RISKS?
By stumbling into an abusive real estate agent, the biggest risk that you run is that of not being protected in case of situations that due to negligence or professional errors of the pseudo-agent. It leads you to lose money without being guaranteed in the sale by the policy to cover potential damage that every regular real estate agent has!
WHO ARE THE ABUSIVE REAL ESTATE AGENTS?
The unauthorized real estate agents are all those who carry out the profession of real estate agent without being authorized to do so, not being registered in the appropriate registers of the Chamber of Commerce of belonging.
HOW DO YOU RECOGNIZE THEM?
Just check that the form that is submitted to the customer for the sale or purchase proposal is signed by the agent who handles the deal, and not by the legal representative of the company!
So never sign blank forms and pretend that the agent who has followed you in visits and appointments personally deal with all the bureaucratic and legal aspects related to mediation. If it does not, it means that you have come across an abusive real estate agent and you have the right not to pay it, as this person is not authorized to carry out the activity he or she carries out.
SUMMARY
• Only a regularly licensed real estate agent can:
• Make a sales or rental contract
• To sign a purchase or rental offer
• Follow the negotiation for a sale or a rent
• Have the right to a commission
WHAT TO DO IF YOU ARE DEALING WITH AN ABUSIVE AGENT
Abandon immediately any activity you are doing or proposes you to do and go in search of a real estate agent regularly qualified for the profession.
For your duty as a citizen who wants to be protected, report it to the Chamber of Commerce of your city, as you would report and you would no longer trust your doctor or your dentist if you found out that they are not graduates!
If you have already concluded a negotiation with an abusive real estate agent, you claim your right not to recognize the mediation for the negotiation concluded because, as mentioned above, only those who regularly carry out the profession of real estate agents in Noida have the right to commission for the deal concluded.