Brokers or real estate agents are the people who are well-versed when it comes to aspects related to real estate. They should be the one an aspirant homeowner will contact the moment he decides to buy a property, if he wants to do it smoothly.
However, sad to say that there are so many misconceptions about real estate agents. A lot of people assume that they are just there to rob them with their hard-earned money. In a way, you can’t really blame the homebuyers as there are also brokers who are so lousy, like they don’t really care about the interest of their clients and all they want is the money they can earn from them.
But the thing is, not all brokers are the same and even if the real estate industry is not free from scams, you can still find more honest brokers than frauds. Are you buying a property in Batu Caves or in KL Sentral? Do you think you can easily do that if you won’t hire a real estate agent? Well, it might be possible, but the process can be struggling.
If you are really adamant in buying a property without the help of any real estate agent, the following tips should be for you:
- First thing you should do is to make a research of the neighborhood where you want the property from. You cannot just buy a property without doing this, unless you don’t really have plans of staying there.
- You need to ask about the seller’s disclosures. This is a list of the known problems of the property. However, you should know though that there might be some issues that even the seller has not discovered yet and this is why, if you are sure about the property, you should have it inspected by a pro first. And yes, you should ask the seller about it so the fee of the inspector will be deducted from the price of the property.
- You can hire a lawyer instead as there are so many legal terms that you might not understand. Well, if you are with a real estate agent, you might not need a lawyer.
The thing is, it will be really a struggle for a first timer to buy a property without a broker. You will surely have a hard time dealing with the complicated processes.
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