Considerations when Finding the Perfect Estate Agent
Home Buying Tips
Whether you’re selling or buying property, finding the perfect estate agent can play a significant role in speeding up the process. The world of real estate can be tricky, which is why having a professional in your corner can save you time, money and future headaches.
South Africa is blessed to have an almost endless number of estate agencies available. While this is great for many reasons, it can also sometimes make it rather difficult to see through the hype and find a company that is not only legit, but also a perfect match for you.
We’ve put together a list of some important considerations to keep in mind when finding the perfect estate agent:
Are they legitimate?
Desperate times can often lead to desperate measures, which can result in opportunistic people trying to make a quick buck off unsuspecting victims. The property industry has seen its fair share of property scams, ranging from fake listings to fictitious property developments.
Luckily though, there are a number of precautions you can take to determine whether you’re dealing with the real-deal, or someone hoping to exploit you.
- Paperwork Protects: Section 34 of the Estate Agency Affairs Act says that no remuneration can be paid to a company or individual acting as an estate agent if they don’t have a valid Fidelity Fund certificate. This document is key to ensuring that you’re dealing with a legitimate agent that is registered with the Estate Agency Affairs Board.
- Agent Verification: You can verify an agent on the Estate Agency Affairs Board website to determine whether they are legitimate.
- Property Investigation: While someone selling their own property can’t be an estate agent, it’s still possible to be one if you’re selling property that belongs to a spouse or parent. Because of this, it’s important to investigate who the property belongs to, determining whether the estate agent in question is affiliated with them.
Research reigns supreme
While every “master” had to start out as a “beginner”, when it comes to the property market, experience matters!
Finding out how long the agent has been in business is a great way to determine experience. Ultimately what you’re looking for is someone who is actively engaged in a particular area and price range.
Talk with recent clients
Ask an agent to provide you with a list of what they’ve listed and sold in the past year, along with contact information. If an estate agency is proud of their work, they shouldn’t be reluctant to give you this.
Pick a winner
While it shouldn’t be your sole decider, doing some research into real estate peer-given awards does count. These will help you identify the best agents as judged by their peers.
You should also consider searching for the agent and agency on service review websites to determine whether past clients were generally happy or disappointed with their service.
Contact Bardale Village Today
We hope that these tips help make your property viewing experience much less stressful. The best way to avoid the headaches of house hunting is by viewing the beautiful houses at Bardale Village de Hoop, where you’ll find your perfect home!
If you have any further questions, please don’t hesitate to contact us today.