Apartments for Sale and Agents: Do's and Don'ts

Posted: Jul 20, 2010 |Comments: 0 |


Apartments For Sale Bangalore

You have walked the streets of Bangalore, shopped at the Open Markets, discovered delectable shops and narrowed your search to one or two favorite advertisements. Now you have to locate your dream apartment and buy your own apartment ready for sale in Bangalore.

If you‘re lucky, you‘ll stop at several real estate agencies to view the Apartments for Sale Bangalore, you‘ll tell them you‘re looking to buy an apartment in Bangalore – and they will actually have something nice to show you. But in most cases, the great Apartments listed and sold within a few days, so be prepared to do your homework, make contacts and search!

Real Estate Agents

Most Apartments for sale in Bangalore via real estate agents and you‘ll want to contact all who are located in your favorite neighborhood. Here are some key tips on how to get them to work for you.

*      You won‘t get the first call:

Real Estate Agents view overseas buyers with excitement and with cynicism. Yes, they know that a number of choice properties are being bought by foreigners, but they also know that some of them will waste their time. In fact, most clients who walk through their doors will waste their time, so they need to filter for the most probable buyers quickly. You can help to remedy this by the following:

*      First impressions count

Be professional, dress well. I love my running shoes, but first impressions are critical in Bangalore and I change to nice flats when meeting real estate agents, bankers and suppliers. You want to be taken seriously and you should dress ‘business/businss-casual‘.

*      Know what you want

Be clear on the size of the apartment you‘re looking for and your global budget. Window shop prices ahead of time, read property announcements and, if necessary make one appointment with a single agency to learn more about the market before you start meeting other agents.

If you need to get educated on prices, visit one agency and ask as many questions as possible about market prices. Assume they will view you as too new to the search to be a serious buyer – but use the information to set clear parameters on what you‘re looking for ‘at market price‘. Then write clear and realistic parameters for your search:

o new or old

o size in square meters

o elevator (YES!) or not

o lower or upper floors only

o facing courtyard or outward (courtyard views are most common but the least sought after)

o market price

*      Know Thy Neighborhood

Get to know the neighborhood you want to live in intimately. Stay there, walk there, shop there, have coffee there and get to know the buildings, stores, markets and side streets. By knowing a neighborhood really well, you will instantly be able to judge whether an apartment is worth looking and buying the moment you see the ad or talk to the agent. Google maps mean you can identify the building, the side of the street and neighborhood. And www.pagesjaunes.fr allows you to view the building. If the apartment is superb, it won‘t stay on the market long. The more you know the streets and buildings you can make a quick decision even if you‘re 6,000 miles away. You will probably want to hire someone to help you find an apartment, and good ones more than justify their fees in savings on the price negotiation – but you‘ll want to help them decide whether they should run to view an apartment or not.

We gutted and remodeled it and were fortunate to have it appear on The Fine Living Channel as one of the most romantic Apartments in the world…and it is truly that.

Make the right impression, know what you‘re looking for, don‘t quibble about price until you‘ve found something. Get to know your neighborhood and be ready to jump when you‘ve found a great apartment. Like anything, it takes time and work but it is so worth it in the end.

The Mainstaygroup.in is based in Bangalore, South India the heart of all software activity in the Asia-Pacific region. With a total industry experience of over a decade, the real estate industry has been our forte. One of the reasons to choose this industry is because of the vast experience of our personnel.

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