Why Do We Need Real Estate Agent Personal Finance Commission

If you are a buyer or a seller, conventionally you must have opted for a real estate agent. Unlike other agents, real estate dealers take their share at the end of your transaction. But most of us are confused as to how much commission a real estate agent should be paid. Currently the national average for commissions paid to real estate is 6% of the sales, which can vary accordingly depending on how much the seller has agreed to cough up.

How the real estate agents work?

After a seller agrees to sell a house in -say-Jaipur, they start hunting for top property dealers in Jaipurwho would find them potential buyers around. The agent agrees upon a fixed commission and begins searching for a buyer or collaborates with the buyer’s agent to find them their customers. After the transaction is over, the commission is evenly split between the listing agent and the buyer’s agent depending upon the amount agreed upon.

real estate

Who pays the commission?

This is a little tricky. The commission, as what meets our eyes, is paid by the seller to his agent. But any intelligent seller would know that the listed price should include the commission for the agent so that they don’t have to cough up an extra amount for it. So indirectly a buyer is paying all the money, which is then split between the listing agent’s brokerage and the buyer’s agent brokerage, eventually getting into the pocket of the agent.

 

Conclusion

A listing agent should mention their commission percentage beforehand so that the seller can decide on an optimum listing price. The listing agent and say-property brokers in Jaipur should also keep in mind the expenses needed to market the house and find the potential buyers. On the other hand the buyer’s agent should sign a contract with the buyer so that they get paid regardless of the fact that the buyer found their house by themselves or chose one from the agent’s listings.

About Housing.com

Housing.com is one-of-a-kind real estate hotspot for your all India free property needs. There are many all India free property app for agents. Using drone technology over new projects, it enables the buyers to get a 360 degree view over the area to check the state of development. Its unique map-based data appraises buyers of the property hotspots where the demand is high or where it is low. Mathematics and data analytics forms the core of the portal and the app: it enables the buyers to view, compare and buy a property and access to details which cannot be provided by a regular real-estate agent. With the new Housing.com app, now users will be able to chat to search for new properties with ease.

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Worth Apartments- Top Five in Gurgaon

Have you ever felt, that living in a city has made you miss out on the countryside? Have you ever noticed that fast paced city life, leaves you feeling slower and sadder, each day?

Well, everyone goes through that, sometime or the other, in their lives. It is very wisely quoted, “The kind of home you reside in, paves the kind of thoughts you think about”. This basically means, that the place you choose to live, normally decides the way you think. Suppose, you live on the hill top, you will find yourself calm and composed. Maybe, this is the reason, why people choose to go on a holiday to hilly regions. If you stay in a chaotic area, with horns screeching and blowing up your ear drums, you will find yourself being constantly restless and short tempered.

Apartment

Choosing a place to reside in, is a big and very important task. People usually get gripped in the claws of confusion, when it comes to choosing the right kind of home for them.

 

Firstly, you should invest in metropolitan cities like New Delhi, Gurgaon etc. If you want to stay away from the main city of New Delhi or Gurgaon, then you should probably consider investing in Sohna.

Don’t judge the place by its name, Sohna, is not a rural area. The place is a few kilometers away from Gurgaon. Sohna, is a little towards the country side, but consists of upcoming residential projects, with names of big developers attached to them.

One such astounding residential project is, the ILD Arete. Spread across some 12 acres, the project is one the most talked about in the town.

Being the brain child of International Land Developers, this thoughtfully built residential project, offers its
residents and aspiring residents, luxurious 2 BHK and 3 BHK apartments.

It is situated in close proximity with important areas of Gurgaon, that include Golf Course Extension road, Dumdum lake, Medicity, HUDA City Metro Station and a lot more.

Considering the fact that International Land Developers chose a location so close to these important places, it very interesting to note that, the price of each flat is not all that high. The prices range between, 53.55 to 98.88 Lac.

That is not all folks, ILD Arete Sohna, is loaded with all kinds of modern day amenities, like spacious parking lots, green areas, 24 hour water supply and power back up and much more. Apart from all that, the society has solar panels that make it a very environment friendly locality.

Gurgaon is the hot bed for industrial and urban development. If you are looking for apartments and flats that are worth investing in, then you should probably consider new residential projects that are coming up in Gurgaon.

A little trivia about the developers shall help authenticate the property and that will also help you in laying your trust in them! International Land Developers (ILD) was founded in the year 2006. It was an initiative by the famous ALM Group. The ALM Group has been there since the 1990s.

Some of the best residential projects are, Emaar MGF Imperial Gardens, located in sector-102 Dwarka Expressway. They offer you with 3 BHK flats at reasonable rates.

The Spaze Vesta towers, located in sector-93, offer you 4 BHK palatial flats, right in the middle of the city.
Emaar MGF Gurgaon Greens, located in sector-102 Dwarka, the property offers you with pent houses.

There are many other such thoughtfully built residential projects that dot the cities of Gurgaon, New Delhi and all the neighboring areas. You should consider investing in one of these, till you have the chance!

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