July 6, 2022


Through Education Matters

Tips to keep in mind when choosing a real estate

Only 1% Property Broker's Combined Commission: Haryana's RERA

The process of choosing a real estate is decisive. On the one hand, for those who want to put their property up for sale and on the other for those who want to get a home either for purchase or rent. In both cases, when you go to a real estate agency, this process will be in the hands of a specialized agent and under an entity that will facilitate it. This is essential, since they will have your investment.

It is important to know some tips to make sure you make a good choice:

Verify that the real estate is completely legal and has a good reputation within the sector, like what you will find in Dream Design Property.

Compare the prices that they handle between the different real estate agencies, so as not to pay more than the average. Spend a couple of hours asking for quotes on the cost of the service. We recommend that you have information on 3 or 5 real estate companies.

Keep in mind that it is an investment, check the trajectory of the real estate.

Make sure of the services that are going to provide you, and if possible, they are in writing.

If the terms are clear to you during the initial advice, it is a good sign since it accounts for the entity’s expertise on the subject.

Through the following entities you will be able to access different mechanisms for monitoring processes in the real estate sector legally:

It will be possible to verify if the real estate is registered in the real estate auction through FEDELONJAS

There is the Sectorial Unit for the Standardization of Real Estate Services, with which, through real estate experts, academies, unions and government empowerment, the regulation of the real estate sector is promoted and information is provided on how to appeal or general aspects on the subject in different topics of interest, for the different actors involved.

Through the Ministry of Commerce and ICONTEC, it is also possible to monitor the viability of the different actors, regulations and issues related to the real estate sector.   

It is important to be aware of the titling of real estate, this can be verified by consulting the certificate of freedom tradition through the Superintendency of Notaries and Registry .

It is also important to be clear about the figures within a real estate advisory process, such as the following:

Real estate brokerage:

It is what is sought when contacting a real estate or agent to find or make available a property that will represent the process as a mediator.

Real estate agent:

He will be the person in charge of carrying out the counseling process during the sale or search of a home for whom he is assigned. It is important that this figure is truly a professional in the sector and that it knows it in depth, as well as that it has the endorsement of an accredited entity to perform a legal and relevant service.

And finally, everything mediated, negotiated or agreed should be verified in a real estate brokerage contract signed by both parties involved.