To be a property broker or a Real Estate agent can be a second job for a lot of people. You might find them in abundance in every nook and corner of your city. But the genuinity and reliability of all of them is highly questionable. To end this chaos regulation authorities have regulations in place.
RERA is one such authority, that stands for Real Estate Regulatory Authority. It falls under the Real Estate Act and has been successfully bringing relief to people against clueless property deals. Before 2016, anyone could have a second career in Property Dealing. But now it falls under RERA and to pursue it one must be registered.
This regulation has brought down cases of lousy property deals. It has also helped secure a lot of respect for the brokers. It is a win-win for both parties. Registered brokers would always want to secure the best deal for you as their commission depends on it. And you would in turn be saved from all the hassles of mindless loitering in the market.
Key skill that a good Real Estate Agent or Organization has is that of negotiation. Not everyone has that skill. You might easily chicken out in a deal but these brokers have an experience of all kinds of customers and that experience comes handy in your personal property deal. You can learn more here on what skills are important and how you can find someone with those skills.
Lastly, hiring a professional and registered Property Dealer would help you secure the right market rate with respect to the property. It might be a one off deal for you but they are sitting in the middle of the action and are aware of all the running rates of the property.
