Business Standard

Give real estate brokers quoting below-market prices a wide berth

Stick to RERA-registered brokers, preferably the tech-savvy kind, and look for deep knowledge of the micro-market you are interested in

Housing market, Homes, Real estate, Realty
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Another fraud is where the broker lists a price way below the market price.

Namrata Kohli
Buying or selling real estate is among the biggest transactions you are likely to conduct in your lifetime. Hiring a skilled and ethical professional who can guide you through the sometimes long-drawn process can make your experience more pleasant.

Pay for professional advice

A survey conducted by BASIC Home Loan some time ago had found that half the people still trust their friends and family for primary advice while purchasing a house, instead of relying on information provided by brokers. However, family and friends can’t be a substitute for a skilled, full-time professional. Says Atul Monga, co-founder and chief executive

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