RICH Property Solutions, Ahmedabad
How to choose a property broker
A good property broker has experience with your kind of property, a track record you can see, a clear fee, a written agreement and local knowledge. They also tell you who they act for and check what they show you.
Seven things a good broker brings
- Experience in your property type. Leasing an office, buying a flat and buying a pre-leased shop are different jobs.
- A track record you can see. Recent deals, and clients happy to talk to you. Their Google reviews show how recent the work is.
- Who they act for. A good broker says upfront whether they work for the buyer, the seller or both.
- How and when they are paid. A fee that is agreed upfront and explained before work starts.
- What they check. They look into the owner, the title, the tenant and the lease before showing you a property.
- A written agreement. Scope, how long it lasts, whether it is exclusive, and the fee, all on paper.
- Local knowledge. They know the micro-market you care about, and can tell you which areas they work in most.
What a good first call covers
- Which properties like mine have you closed in the last year?
- Who will handle my case, and how do I reach them?
- How are you paid, and when?
- What documents will you check before I commit?
- What happens if the deal falls through?
What a good broker does
- Shows you properties first and asks for money only when you decide to go ahead
- Writes down the fee and terms from day one
- Gives you time to decide
- Tells you who the owner is and shows the documents
- Shows properties that fit your brief
How do I choose a broker, step by step?
- Write your brief. Property type, area, budget, timeline.
- Make a shortlist of three. Use reviews, referrals and listings.
- Call each one with the same questions. Compare the answers.
- Proof of past work. Reviews, recent deals, written terms.
- Sign when the terms are clear. Keep a copy.
If you want to compare us against your list, our real estate broker page sets out what we handle. The difference between agent and broker is explained in this guide.
This page is general information. It is not legal, tax or investment advice. We read the documents with you, and your own lawyer and chartered accountant go through them too.
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