Brokers r problem makers

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skndr
Posts: 69
Joined: March 20th, 2013, 1:10 pm

Brokers r problem makers

Post by skndr »

Its an painful experience , wen i dealt with buying an site broker has played
a gambling role. He took the control of enteir deal. Even charging 1%
On the price, his job is to just to introduce the seller n charging 1%.
Is there any way or forum where buyer n seller meet
is govt is taking any steps to legalize thiis issue.
spiderman
Posts: 63
Joined: January 13th, 2013, 1:33 am

Re: Brokers r problem makers

Post by spiderman »

homeshikari is such site, where there is no broker involved.
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ecoproperty
Posts: 2
Joined: April 16th, 2013, 5:11 pm

Re: Brokers r problem makers

Post by ecoproperty »

hi,

yes it true thew sometimes brokers are the problem creator,but not every time if we deal with them quietly and intelligently then they will never create any problem or else choose always a good reputed and trusted estate agent in your locality.like i found in my city most xxxxxxxxxxxxxxxxxxxxxxxxxx is xxxxxxxxxxxxxxxxxxxxxx.

thanks

xxxxxxxxxxxxxxxxxxxx

Please share your real estate gyan/knowledge before you market about your company/services here in the forum -Admin Team.
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ecoproperty
Posts: 2
Joined: April 16th, 2013, 5:11 pm

Re: Brokers r problem makers

Post by ecoproperty »

hi

According to my experience brokers are not problem makers unless you have to deal with a good reputed estate agent .

thanks

xxxxxxxxxxx
Yes. But the problem is finding those within the budget and who knowledgeable. With such great experience, you too can contribute and educate the forum members before you market your service here. -Admin Team.
tvsh
Posts: 349
Joined: June 7th, 2009, 6:30 am

Re: Brokers r problem makers

Post by tvsh »

ecoproperty wrote:hi

According to my experience brokers are not problem makers unless .
Brokers are not problem makers unless you deny them the opportunity to rip you off.

Broker saying brokers are not a problem is a problem
vsathishmybda
Posts: 27
Joined: November 23rd, 2010, 7:10 pm

Re: Brokers r problem makers

Post by vsathishmybda »

A direct question to all brokers/agents who are part of this forum :

Please tell us the following:

1. How can one find the credibility of the broker?
2. What are the things that seller/purchaser should be cautious from a broker so that they are not cheated?
3. What are the general tactics used by the broker to lure the customers?
4. What are the kind of works a broker is expected to do in mediating the sale transaction between the seller and the purchaser?
5. What are the ways to ensure that the broker does the work for which he is been paid the commission by seller and the purchaser?

A broker needs to be a facilitator and mediator in dealing with the sale transaction rather than extorting money from the customer by luring them by hiding vital information.
skndr
Posts: 69
Joined: March 20th, 2013, 1:10 pm

Re: Brokers r problem makers

Post by skndr »

Hi vsathish
First of all I should congart to putting such a ethical questions, I feel hardly 2-3% may be answerable.
Broker is just to indruduce the owner he charges his fee. Apart from u can't expect any work from him.
That too if v r lucky enough he w'nt trouble further. They just lure the custmer in all angles .
TACTICS BY BROKER
1. JUST WITH AGREEMENT THEY TRY To SELL THE PROPERTY .
2.PRICE ESCALATION AFTER THE TOKEN ADVANCE.
3.PRICE CONTROL (BY MAKING FALSE PROMISE TO THE SELLER (OWNER)
4.AT TIME OF NEGOTIATION NO BROKER SHOULD BE PRESENT. ONLY BUYER AND SELLER
5.IF BUYER SHOWS GUNINE INTREST WITH BROKER THEN HE WILL BE IN TROUBLE
6.ALL THE TERMS AND CONDITIONS SHOULD BE B/W BUYER AND SELLER .
7.DO U EXPECT BROKER TO DO WORK APART FROM JUST INTRODUCEING THE OWNER.?
8.IF BROKER DO'ESNT TROUBLE THE BUYER , THAT SHOULD BE THE HIS GREAT JOB.
spiderman
Posts: 63
Joined: January 13th, 2013, 1:33 am

Re: Brokers r problem makers

Post by spiderman »

brokers are also suppose to

1) arrange the documetns required for verification be it from seller or be it from some govt office.
2) help you with khata transfer,

hold their money until everything is done.
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