When you sell or buy a property, it is necessary to take precautions while hiring a real estate agent to ethically support and guide you in the transaction. It is quite apparent that they offer their services and charge a commission. Find a trusted and reputed agent like Cayman real estate Company and Cayman real estate agents. This is the most important phase in selling or buying process. That’s why you have to be aware of some tips to avoid disappointments in the end.
There are 3 requisites to be fulfilled before you look for a real estate agent.
Never hire friends or relatives
Many people think that friends and close relatives are more trustworthy than any other people. That may be true but still remember that they will work basically to earn some money, and this is always the primary intention. If possible, try to avoid depending on a friend or relative as your agent for real estate. In case of some problem you will find yourself in a tight situation of confronting a friend or relative, and this might adversely affect your relationship with them. Always keep this basic rule in mind - it is easy to fire an outsider than a friend or relative. Rely on companies like Cayman residential property or Cayman commercial property.
Say NO to dual agents
Sometimes real estate agents of the same principal represents both the seller and buyer and of the same property. This is called dual agency. In some cases one agent represents both the seller and buyer. The first situation is quite serious. However, the second is not at all advisable in any transaction of real estate. Such situations creates conflicts enter and entering is into a transaction with represented by dual agent, should be completely avoided. You must hire companies agents like Cayman property agents, Cayman real estate service or Cayman island real estate.
Ensure you are given right information
Hiring a real estate agent going out of the way to find structural and defects issues about the property that you wish to buy is fair enough. It shows clearly that they work in your interest, which is of course their basic responsibility. This ensures peace of mind that you are guided properly and given the right information by and experienced agent. This will not happen if you hire Cayman property dealers or Cayman islands real estate.
In spite of the experience and competency of your real estate agent in building construction and intrusion of moisture, you should not totally rely on him in context of these issues as they are not well qualified to offer such service. If your real estate agent insists that you don’t require a qualified home inspector’s assistance it only means that you must start to look out for a reliable real estate agent.
