Real Estate Agents/Property Dealers in Bhubaneswar

Frequently Asked Questions : About Agent / Broker in Bhubaneswar

1. Q1. What specific areas do real estate agents in Bhubaneswar specialize in?

   Ans. In general, real estate agents in Bhubaneswar provide their services in most areas of this city. But, like any city, Bhubaneswar also has some areas in which real agents specialize in. Real estate properties in these areas are in high demand and promise a great return on investment. At the top of the list of these areas are Patia, Chadrasekharpur, and Nayapalli. It is so because the real estate market in these locations is booming at an impressive speed. The rapid ongoing infrastructure development and proximity to major IT hubs are two main reasons behind this boom. Other possible areas in which real agents may possess specialization are Gothpatna, Shankarpur, Saheed Nagar, and Jayadev Vihar.

2. Q2. What can I do to sell my property quickly in Bhubaneswar?

   Ans. The easiest way to sell your property quickly in Bhubaneswar is to hire an experienced and well-connected real estate agent. As selling houses on their client's behalf is their day-to-day job, a lot of potential buyers contact them. Thus, they can bring you potential buyers way faster than doing it yourself. Not only this, but they also make it faster by helping with other time-consuming processes like price setting, documentation, transactions, and negotiations. On your part, you can also do certain things to sell your house quickly. First is renovating to increase the aesthetic appeal of your home. The second is listing your property on sites like realestateindia.com. While doing this, post high-quality photos that give a complete virtual tour of your house to the prospective buyers.

3. Q3. What are the average charges of real estate agents in Bhubaneswar?

   Ans. The charges of real estate agents in Bhubaneswar vary between 1% to 2% of the selling price of the property. But these rates are mostly for residential properties. For commercial properties they can charge up to 3% of the property price. The exact rate of an agent relies on many factors. The most crucial factor is the reputation and experience of an agent in the market. If an agent has more name in the market, he/she will charge a higher rate than other agents. Other factors that also play a role in deciding charges are rate and location of the property and complexity of the deal.

4. Q4. What is the difference between a real estate agent and a property dealer in Bhubaneswar?

   Ans. These two terms are often used interchangeably when pointing at a person who provides property-related services. However, a slight difference exists between these two terms that only a very few people know about. This difference is the scope of the services they provide. Real estate agents are licensed professionals who provide a broad range of services. It includes the sale, purchase, valuation, management of a property and real estate market analysis. On the other hand, the services of a property dealer is setting meetings between the seller and buyer, and overseeing the entire deal.

5. Q5. What is the role of a real estate agent in Bhubaneswar?

   Ans. A real estate agent in Bhubaneswar has a very important role to play in property-related issues. Their primary role is as an intermediary between buyers and sellers of properties. They have deep knowledge of the real estate market that they used to oversee property deals. In this process, they figure out the fair cost of the property, organize property tours and do the negotiations on behalf of their clients. Apart from these help, they guide their clients throughout the documentation process and money transactions. At the same time, they ensure the deal comply with all laws and regulations.