REALESTATE AGENTS - YELAGIRI

Name: REALESTATE AGENTS - YELAGIRI
SKU: SKU-0070
Price: 500 INR
Availability: InStock

₹ 500

Highlights

Role of Real Estate Agents on BookMyGuest

Real estate agents listed on BookMyGuest play a vital role in facilitating both property transactions and rental services through the platform. Their responsibilities include:

Property Listing and Representation:
Agents list residential, commercial, and rental properties on behalf of property owners, ensuring accurate and appealing descriptions, photos, and pricing details to attract potential buyers or tenants.
Sales and Rental Facilitation:
They assist clients in buying, selling, or renting properties by managing inquiries, organizing viewings (physical or virtual), negotiating terms, and guiding clients through the transaction process.
Tenant and Guest Coordination:
For rental properties, especially short-term or serviced accommodations, agents manage bookings, coordinate check-ins and check-outs, and ensure smooth communication between owners and tenants or guests.
Property Management Services:
Some agents offer ongoing property management, handling maintenance, rent collection, and compliance with local rental regulations.
Market Expertise and Advice:
Agents provide market insights, property valuations, and legal guidance to help clients make informed decisions in both sales and rental markets.
Platform Support and Optimization:
They ensure their listings are optimized for visibility on BookMyGuest, responding to inquiries promptly and maintaining high standards to boost ratings and reviews.

Role of Real Estate Agents in Property Sales & Rentals

Real estate agents act as intermediaries between property buyers, sellers, landlords, and tenants. Their primary goal is to facilitate successful transactions by using their market knowledge, negotiation skills, and professional networks. Here’s a breakdown of their key roles:

1. For Property Sales:

Property Listing & Marketing: Agents help sellers market their property through online platforms, signage, and professional photography.

Valuation Assistance: They provide guidance on pricing based on market trends and comparative sales analysis.

Buyer Sourcing & Screening: Agents find potential buyers and assess their seriousness and qualifications.

Property Showings: They organize and conduct property tours.

Negotiation & Documentation: Assist in negotiating the price and terms, and coordinate the legal and financial documentation.

2. For Property Rentals:

Tenant Sourcing: Help landlords find reliable tenants by advertising vacancies and screening applicants.

Lease Negotiation: Negotiate lease terms that benefit both the landlord and tenant.

Rental Management (optional): In some cases, agents manage rent collection, maintenance, and tenant relations.

Service Charges (Commission):

Real estate agents typically charge a commission for their services, which is a percentage of the property value or rent. While rates can vary by location and agency, common practices are:

Sales Transactions:

Seller’s Agent: Usually charges 1% to 3% of the final sale price (can go up to 6% in some markets).

Buyer’s Agent: In many markets, the seller pays both agents' commissions, but this can vary.

Rental Transactions:

Landlord’s Agent: Commonly charges 1 month’s rent or 5% to 10% of the total annual rent.

Tenant’s Agent: In some cases, the tenant may also pay a fee, particularly in high-demand markets.

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