Whether you are thinking of buying a house this year, next or in a few years, you may ask yourself whether you need to hire a real estate consultant. Most of us have at some point leisurely explored luxury apartments in Gurugram and/or the best commercial projects in Gurugram. So, most of us know the way around browsing online listings on famous real estate applications. Seems quite easy to find your dream house – contact the listing agent, purchase your home, and settle down. Why hire a real estate consultant at all?

A real estate consultant can help guide you through the twisted process of buying a house or commercial space. Now, let us explore why you must hire a real estate consultant, especially if you are a first-time buyer.

1. No one to help you negotiate

When you hire a real estate consultant to buy luxury apartments in Gurugram or buy a pre-leased investment property in Gurgaon, you can be confident that they will help you bag the best possible deal. An experienced real estate consultant will do a thorough comparative market analysis and quote a competitive price below the current asking price, helping you save. If you do not hire one, you will negotiate with the seller and his agent alone.

2. Little or no knowledge about the real estate industry

Now you may browse through the internet all you want to, check out as many applications for price comparison as possible, but the ground reality is – nothing beats hands-on experience. Real estate agents are backed by the Multiple Listing Service (MLS), which has a lot of information about everything, be it the best commercial projects in Gurugram, pre-leased investment property in Gurgaon, or luxury apartments in Gurugram. As an investor or home buyer, you can not have access to the MLS. Your real estate agent will have inside knowledge about the surroundings, the fair prices of the properties, and what you must avoid while investing.

3. Not checking out all the houses in the vicinity

While the internet may make everyone feel like they know everything, some properties are not listed on property portals. The real estate consultants have access to the information regarding such properties that you won’t be able to find otherwise. As we stated earlier, real estate agents have a thorough list of multiple listings that are put on the internet and those that are not. So if you do not want to miss out on exploring better homes than what you’ve already browsed on the internet, hire an agent.

4. Avoid overpaying for your home/property

It is no secret that a seller wants to sell their property at the highest possible price, and a buyer wants to buy it at a fair, competitive price. But who decides on the price, especially when you are exploring luxury apartments in Gurugram? This is where a real estate agent’s insight around pricing comes into play. In case you do not hire a consultant, you may have to deal with the seller and/or their agent to skip inspecting the prices around the locality and the construction quality. if you move in, you may find that the property demands quite a few expensive repairs, which you did not anticipate before buying.

5. You may spend a substantial amount on lawyers

Let us say that you proceed to buy a pre-leased investment property in Gurgaon without a real estate consultant, and things go wrong, you may have to hire a real estate specialist lawyer to seek legal advice. The seller will not make up for the fees, and you will have to pay them yourself. If you want to save yourself from such hassle, we urge you to hire a real estate agent.

6. Buying a property can be quite overwhelming

There is a lot of paperwork and attestation involved in buying a property. If you are investing for the first time, you may likely miss out on important documentation, which can disrupt the entire process. To ensure that the end-to-end purchase goes smoothly, hire a real estate expert and cash on their expertise to ensure everything is in place for you.

Final Word

If you have bought properties in the past, you can navigate the process without the help of a real estate realtor. We recommend that you negotiate the price quoted by the seller, regardless of whether you have hired a consultant or not.

But if you are buying a home for the first time, hiring a consultant will benefit you. He/She will find you a home within your budget that meets your requirements. An agent will negotiate the best price for you, which you may not be able to do by yourself. Apart from this, you will save yourself quite a lot of time and stress. Just because hiring a consultant comes with fees should not be the reason why you should not work with them in the first place..