We have a guide for first-time home buyers which we develop together with the good folks at PropertyReviews.my – and we are featuring one section of the guide in this blog post following requests that we received after we published our previous article.
Whether you are looking to sell your house or buy a property, the real estate agent is always a crucial part of getting that good and wonderful experience. After all, for most of us, buying and selling houses is not an everyday thing. We need their experience and expertise in sales talk and negotiating and haggling and all-around business dealing. This is especially true in the Malaysian property market.
Since they are an essential part of the whole business deal, it is only but imperative that we get the ones that will give us the best deals and best experience.
From the pros of the business, and people who have it lucky had a great experience with their real estate agents, and even from the ones who have had an unfortunate time, here’s a list of helpful tips on finding the right real estate agent.
How To Find The Right Real Estate Agent In Malaysia
- Do not commit spot on. Finding a real estate agent is like finding a boyfriend/girlfriend :). You take time to go on dates, get to know each other, and mingle with other agents as well. Do not delve right away into an exclusive contract after the first meeting, unless your heaven-and-earth convinced that she’s the one. Love at first sight does not always work well. Give yourself time to meet other agents and really, really find the one that you feel ‘good’ with. This is especially true when you are shopping for a high end condominium (such as the Troika in KLCC) or a run-down low cost apartment in Segambut Dalam next to Mont Kiara.
- Keep out of your personal and intimate circle. Money is a bad cause of problems—they are hard to fix and they last a long time. Keep things professional and don’t let feelings get in the way. After all, you can break up with your agent but not your sister, or your cousin, or your best friend, or your best friend’s sister.
- Ask, ask, ask. Get as much information, professionally, from your prospect real estate agent. If you are selling a house, ask them what their marketing strategy is going to be. If you’re buying a house, ask them which areas they will cover or something along that line. The more you ask, the more you know. Guide the conversation so you are not buying their talk – they are trained to be good at that and you have to be careful.
- Research. Help yourself and know what you need to know about the real estate market. Do not let your ignorance be used against you and be informed. Research on the current trends in the real estate market prices or ask around how much the common commission, etc. The more you know, the less you are deceived. You cannot always expect full transparency from your brokers – even the most trusted ones, for this is business and information is vital and oftentimes comes with a price. Know what you are getting into and don’t rely everything on your agent. Go to real estate events – there are lots of those; in fact, last weekend alone MAPEX, REHDA and Sunway Properties held events showcasing houses in the Klang Valley. Also, the good folks behind Battersea (SP Setia) also hold regular property expos.
The thing is, you will have as much of a good experience in buying/selling real estate as much as you allow yourself to be. Be an involved buyer/seller; that way, you know more about what is going on with your search. Don’t leave everything with the real estate agent – the agent is doing a separate business for himself.
If you need more help locating the right real estate agent here in Malaysia, contact us, or the folks at PropertyReviews.my for help. Their details are as of below.
The PropertyReviews.MY Company (http://propertyreviews.my/)
ADDRESS: H-08, Setiawalk, Pusat Bandar Puchong, 47100 Selangor, Malaysia.
TEL: 013-354 0586