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Here are 5 common misconceptions about Agents

That they earn lot’s of money quickly – A lot of people think that agents earn lot’s of cash and they are always loaded just because of how they dress or drive that company car or even a friend’s car. The truth is some even go for months with no cash at all, they too get stranded and struggle to survive.

That an agent with low commission offers the best service – Many tend to think that agents who posts high prices for your property and charge a little commission are always the best. Not true, an active agent always has a database or list of clients competing for you property and will surely tell you the truth on how much you should sell your property without setting huge demands.

That agents are only in it because of the commission – You will agree with me that many people think this way but majority of them are after helping out, solving a problem and making sure people invest and get value in their investments. They are perceived wrongly many times because of this commission issue.

That they do anything to close the sale – You will notice this huge perception with people whom their investment went astray or they got conned because of involving wrong and non-licensed real estate agents. Majority of agents care about your money and where you are investing it to, many at times they will even tell you not to put your money in certain places because they want the best for you.

That anyone can be a real estate agent – Ask around and you will notice people saying they can do this even with no schooling. They think that being an agent is as simple as getting a house, taking photos and listing it up for sale NO it is more than just that. Many have tried and failed halfway in this industry. It is only for the talented, patient, intelligent and competent people that are able carve in to a successful sales career.

That’s it, now tell us what is your experience with real estate agents? Leave your comment below.

Real Estate has grown to be the most lucrative and less risky investment over time generating billions of money daily. However like any other business Real estate scams have gradually become common especially in Urban cities like Nairobi and Mombasa.

This has happened to you, your family or even your friends and therefore to avoid falling victim to such traps here are some of the real estate scams that have been common this 2018.

Overrated Investments – Always know what you want from the start plus your budget, it is not unusual for realtors to hype their property for all kind of reasons but consider taking your time and access all the variables of the property keenly.
Impersonator – Many reported cons come through this, a person impersonates the owner/agent or a developer to a said property. They even go ahead to get fake contracts, payments options and other papers. Be very careful on engaging any independent realtors or agents and do not carry private documents or share any private information with them.
Exaggerated prices – We all love cheap things and some sort of bargaining right? But do we do this right on real estate? Scammers often reduce prices and use fake photos to entice easy targets. To avoid this do your own market research, know the prices of the said area and consult more before making a decision.
Early booking deposit – Many at times people are convinced by good pictures of the property that they are told to book early to avoid it being taken by another client. Say no to this until you see the property and meet the owner or Landlord of the property in person, pay after signing a contract.
Door to Door Realtors – Sometimes you can be relaxing at home with your family and suddenly a bell rings, who? Its the Realtor or contractor, they claim they have a huge list of good deals they never want you to miss out. They push this really quick and if not keen you will be already in. Again to avoid this do a thorough research of the property, find the credibility of the realtor or contractor and never make quick decisions.

In conclusion always do proper research, take your time and find a trusted Real Estate Partner.

Just to remind you Myspace Properties can do the talk, looking for a real estate partner? Your search ends here!

nairobi

5 Misconceptions about real estate agents in Kenya

Here are 5 common misconceptions about Agents

5 Real estate scams you need to avoid in 2019

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