Tuesday, 31 October 2017

3 Valuable Tips You Must Implement to Avoid Dealing with Fraudulent Real Estate Companies

real estate property

Photo Credit - bizj.us

In this article, we tried to explore the real estate industry out of Australia and find out some practical tips on how to avoid fraud real estate companies which are useful in aspect of every country.

Buying or renting a property is one of the most important decisions in anyone’s life and requires a great deal of responsibility.  You can obviously not afford getting scammed when a significant amount of money is involved. So you should either go for a tested and professional real estate agent who are always in demand or a trustworthy real estate company.

Dubai’s real estate industry is booming and with that, the number of real estate companies in Dubai has also increased. With so many real estate companies currently present in the market, investors do get confused in choosing the right one.

When investing in real-estate, you must carry out a thorough research on the real estate company you’re planning to work with. Bring out the investigative journalist in you and make sure you deal with reputable real estate companies only.

During your property research, you’ll come across all kinds of real estate companies, both genuine and fraudulent ones – it’s your job to stay alert and spot the fraudulent ones beforehand.

Following are some tips to help you avoid dealing with fraudulent real estate companies in Dubai:


Why would you want to risk your hard-earned money by dealing with a new real estate company when lots of well-established real estate companies in Dubai are already there to help you make a reliable property investment?

The problem with dealing with new real estate companies is that you’ve no idea about the future of their existence. A new company will most likely not have any successful projects under its belt which is not a good sign as this is going to make it more difficult for you to assess the competency of the company.


Whether you’re buying a readymade property or are investing in an off-plan project, always try to stay away with developers who offer investment plans that are just too good to be true.

If the developer is offering a beautiful home located in the most sought after area of Dubai at suspiciously affordable rates then this is when you have to bring out the investigative journalist in you. You must carefully check each and every aspect of the investment plan and control yourself from being carried away because of its super-affordable price tag as this is a pretty old technique used by scammers to lure property investors.


Even if the real estate company is well-established and has had a few successful projects, this still does not mean that you can proceed with the deal without giving it a second thought.

Get to know how the company has been performing since the past 3-4 years. Try to get some reviews from people who have recently worked with the company, get to know about their investment experience and then make any decisions.

If you still smell something fishy then its best to consult a trustworthy real estate agent. But again, you still cannot solely depend on the real estate agent – doing your own research is a MUST!

Thursday, 28 September 2017

How To Have A Long-Lasting Real Estate Relationship With Your Clients?

Being a real estate agent, this is a huge responsibility on your shoulders to build a lasting relationship with your customers. You should be their top-notch choice among all other options. It can be possible only when you will listen to their requirements attentively to help them out in finding best property. Your minor mistake or any trust issue would spoil everything.

A question will pop up in your mind what kind of trust issues could have been in between estate agents and clients? 

Well, as an estate agent long promises or showing unexpected things to your customers that are hard to fulfil will lose your credibility to a major extent. No one would prefer if you kept on repeating the same thing in future. So, it is essential for real estate agents to keep your clients in touch by knowing following factors. Take a look below at those factors.

Give Importance to Time

We all know time is the essence and we need to give importance to it. Usually, clients don’t like non-punctuality, late response and late arrivals for the meeting. So, you have to follow the time strictly. Make sure you have completed your task on given time that was underlined to and fro in the meeting. Attentive listening would help you to win over your client’s satisfaction. The letting agent in Worcestershire are responsible to complete all the process in time before deadline just because of they know the significance of time.

Proper Communication

It is essential to do proper communication with your customers and keep them updated through latest updates. If they are looking for possible property solutions, then keep on forwarding them few results on a daily basis. It would help them to make mind for their desired option. Communication is a first milestone that you as an estate agent have to achieve for an everlasting relationship with your client.

Stick to Truth

Things would go perfectly if you remained loyal because great promises usually don’t fascinate customers. These days’ they are aware of all the possibilities and non-possibilities. So it is important to design your strategies on reality base. Keep your customer updated through the current market situation and the key factors that influence the real estate market. Stay honest with your words and promise only for what you can do easily because extravagant promises would only turn out as a fool’s errand.

Ensure Your Loyalty

This one can be a hard task for an estate agent. You must be thinking what would be the possible steps that need to be taken? Particular insights can show to the client that would help him to understand about your achievements. Do share your experiences that are relevant to customer requirements. It would help to build your clients trust on you, and they can rely on you for their future option as well.

Design Detailed Strategy

Developing comprehensive plan would be another significant milestone for achieving customer’s trust. If you would do detail analysis on his requirement according to market trends, then it would leave a great impact on him that you are doing best to buy a valuable asset for them. You have to think long-term, so it is essential to work in detail by considering each aspect.

These are the few important steps and skills for real estate agents that would help you to build long-lasting relationships with your client. 

Through these, you would be able to position yourself on top among several competitors. Give importance to your customers’ requirements to win over their trust. Stay honest and avoid different manipulations to grab your customers’ attention because these days everyone keeps on updating their selves from current marketing statistics and new approaches. So, go for reliable real estate agents courses that will help you develop some of these skills.

Monday, 2 January 2017

What Do Negotiation Skills Comprise of in Real Estate?

As we’ve discussed in previous blog articles, a good real estate agent has a number of important skills. Being a position in which you are working closely with people, excellent social skills are a must. The ability to properly manage expectations, convince and persuade people of certain points of view and ultimately being able to negotiate a price that both parties are happy with all falls under this category and can be the difference between a good real estate agent and a great one.

While these skills are touched on during various licensed real estate agent courses, this is often something you usually need to work on with experience.

Understanding The Needs of Both Parties

Negotiation skills can help you get a sense of the potential buyer’s position and use this knowledge to ensure you get the maximum sale price for your client. How willing is the potential buyer willing to pay? How badly do they want to purchase the property? How far should you push back? These are all things that a good real estate agent is able to get a sense of early on in the negotiation process.

Like in any sales focus, both parties invariably keep their cards close to the table, so being able to read people’s body language and other social cues can be very helpful.

Appearing to Be Neutral

While you’ll always be trying get the highest possible price for your client, it’s your job to facilitate the process. A good negotiator will avoid approaching the situation as one wherein they are trying to cheat or take advantage of the potential buyer. Rather, a good negotiator is a trusted advisor that helps both parties reach the ideal agreement help ensure the needs of both are met. If you can earn the trust of both parties, you are in a much better position to do this.

Making The Situation Comfortable for All

Talking about money can be tense at the best of times with people you’re very close with. When it comes to large sums of money and the transferring the ownership of a property, the potential is there for things to get heated if you don’t manage the situation correctly. Ultimately, you’re there to help both parties come to an agreement and often the best way to do that is to ensure everyone is comfortable and in good spirits. If all parties are relaxed, things are going to go much smoother.

Being very positive yourself and adding a little humour here and there can be an effective way of ensuring this is the case; people will often feed off the energy you’re bringing so be aware of the importance of this.

Every great real estate has their own unique approach to how they deal with and negotiate with clients. But there are certain strategies and things to remember that nearly all agents subscribe to and it’s well worth while thinking about them when you’re starting off in the real estate industry.