Real Estate Adviser – Your True Friend

Real Estate Adviser – Your True Friend

How To Choose An real estate Agent Before Purchasing An Open plot


So, you are planning to purchase an open plot, right? And are running around in search of a real estate agent? to zero in on an open plot of your choice? Do you know what documents are needed for the purchase of an open plot? too many questions but one smart answer, “know your real estate agent better”.


If you’re in the market for an open blot purchase, you need to know some things before hiring a real estate agent. The key is to look for certain qualities in a real estate agent. Here are a few of the questions you should ask your agent.

Qualities to look for in a real estate agent

    1. Professionalism

    Real estate agents can vary in their abilities, but there are certain qualities that set the best ones apart. These traits should be embraced by any agent you consider working with. A top real estate agent is personable and professional, with a passion for helping people find their dream open plots in the best localities.


    1. Good communication

    Good communication is essential in the real estate business, and an agent must be able to maintain a line of communication with past clients and others in his or her network. He or she should also be able to handle unexpected issues. Whether it’s a negotiating tactic or a misunderstanding, a real estate agent should be able to address any issues or concerns.

  1. Having Local Knowledge

A good agent will also be patient and have local knowledge. They should also be detail-oriented and have excellent communication skills. They should also be available to answer all your questions and walk you through the contract. Finally, they should have a good attitude and be easy to get along with.


  1. More organized

A real estate agent needs to be well organized. In addition to being well-organized, they must also be able to manage their time. The real estate industry is fast-paced and demands a great deal of time. Agents should be able to handle both their own and their client’s schedules.


  1. Experience

Experience and track record are essential, but you need an agent who puts their clients’ needs first. In addition to a solid track record and a good reputation, your agent should be able to negotiate for better terms and minimize your risks. They should also have empathy and be willing to push for your best interests.


  1. Trust worthiness

The best real estate agents are trustworthy. They have a good reputation and can communicate well with both buyer and seller agents. They should also be willing to answer all of your questions. It is essential to have a relationship with your agent that extends beyond the sale of the property.


  1. Knowledge

Experience and knowledge of the market are also essential. An experienced agent should have a thorough knowledge of the local market and a deep passion for the job. A real estate agent with these attributes is a good choice for your open blot purchase.

Questions to ask a Real Estate Advisor

  1. 1. Check Online Reviews

When hiring a real estate agent, you should check references and online reviews. Asking questions to make sure your agent is knowledgeable and dedicated to the purchase of your open plot is important. You also want to make sure that your agent is willing to listen and understand your goals.


  1. 2) Check for All the Relevant Documents

Proper and relevant documents with regard to the governing bodies are a must. An agent must be aware of these documents and should be able to produce these when a client asks for them.


  1. 3. Check the Neighbourhood

You should ask about the neighbourhood. Ask about nearby businesses, schools, bus routes, and pedestrian friendliness. If you’re serious about purchasing a home, it’s best to ask about any concerns about the neighbourhood. Knowing what is nearby can make the process go faster.

  1. 4) Check for Violations If Any

In addition, you can ask about any code violations etc.. Often, sellers will disclose such information in writing, but if the seller is especially talkative, they might be more forthcoming in person. Check for easily visible updates, such as the site developments, amenities like roads etc… 


  1. 5) Know About Current Market Conditions

Before signing an agreement, ask about the current market conditions. The average price of open plots in a neighbourhood fluctuates from month to month. When the housing inventory is below three months, it’s considered a Seller’s Market. This is based on the Law of Supply and Demand.

How to negotiate with a real estate agent for an open-plot purchase

  1. 1) Negotiating with a real estate agent is a complicated process. You must be prepared for any scenario. Make sure that you know the priorities of the other party and have a back-up plan in case something doesn’t work out. Having an idea of what the other party wants can speed up the negotiation process.


  1. 2) Always remember that negotiations can be unpredictable and can turn sour very fast. If the negotiation does not work out well, make sure that you have a backup plan and are prepared to walk away from the deal. The first step is to make a list of points you can agree on. Make sure that you present evidence to support your arguments, but never be emotional. Always try to end the negotiation on a positive note. After all, your reputation is more important than a commission.
  3. 3) When negotiating with a real estate agent, always remember to be polite, but firm. It is also important to be aware of the emotions of the other party. If you want to get the deal done smoothly, it is best to hire a seasoned buyer’s agent
  1. 4) When negotiating, keep in mind that a seller will feel threatened if you make an offer outside of their asking price. This can make the seller feel like the buyer is not serious, and will think less of you. However, if you know your position and know the market well, you should be able to negotiate well with a real estate agent.


  1. 5) If negotiations fail, walk away diplomatically. Doing so will give the seller the opportunity to change their mind, and you may end up with the terms you want. During the negotiation process, knowing why someone is selling is incredibly valuable. Make sure to be friendly, as this can help ease the seller’s nerves and make the process go more smoothly.
  1. When negotiating with a real estate agent, it is important to remember that the agent’s commission should be negotiated before the purchase. Remember, agents, don’t want to lose money and are hesitant to extend their discounted rates. So, be sure to negotiate your commission and be respectful. While negotiating with a real estate agent, it is important to listen to their advice. You don’t want to make a counteroffer that doesn’t make sense. Your best bet is to make a counteroffer slightly lower than the original listing price. If the price is too high, you can walk away from the negotiation. However, keep in mind that other offers are likely to come in the future.

    It is always suggested that you should work with reputed organisation / or representatives associated with the reputed organisations while transacting on open plot or any other real estate investments. 

  3. Bookmyplot Ventures – the professionally managed open-plot developers who gained trust and confidence of over thousands of customers, especially middle class segment whose hard-earned money is getting appreciated multi-fold with various projects of Bookmyplot Ventures.



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