Quick Quiz: Should You Trust Your Real Estate Advisor?

  • 7 months ago
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Imagine this: You’re sitting across the table from a real estate consultant, sipping coffee, and listening to their pitch about the best investment opportunity of the decade. They promise skyrocketing returns, exclusive deals, and ‘assured’ benefits. But how do you know if they are truly acting in your best interest?

The real estate market is filled with both genuine advisors and smooth talkers looking to make a quick commission. Before you take the plunge, ask yourself these quick quiz questions to determine whether your advisor is trustworthy.

1. How do I check if my real estate agent is RERA-registered?

A legitimate real estate advisor should be RERA-registered to ensure transparency and compliance with industry standards. You can check their credentials on the official RERA website of your state.

Red Flag: If they avoid discussing RERA registration, it’s time to reconsider working with them.

2. How do I know if my real estate agent is pushing me into a bad deal?

Trustworthy real estate consultants allow you time to evaluate the deal, review documents, and consult experts. If you’re being rushed into signing agreements, there’s a high chance they’re hiding crucial details.

Red Flag: Phrases like “This offer expires in 24 hours” or “You’ll regret not taking this deal” are classic pressure tactics.

3. What hidden charges should I ask my real estate agent about?

Beyond the property price, you may have to pay maintenance charges, GST, legal fees, stamp duty, and preferential location charges (PLC). A trustworthy real estate advisor will break down all costs upfront.

Red Flag: If they dodge questions about additional fees or offer vague answers, be cautious.

4. How can I check real estate agent reviews online?

Check platforms like Google Reviews, PropTiger, 99acres, and MagicBricks for client feedback. A genuine real estate advisor will have a mix of reviews, while a fraudster may have only exaggerated positive testimonials—or none at all.

Red Flag: Over-the-top positive reviews with no specifics or consistent complaints about misleading practices.

5. What should I compare before buying a property?

A reliable real estate consultant will provide multiple property options and explain their pros and cons. They should encourage you to compare factors like location, price appreciation, builder reputation, and legal clearances before making a decision.

Red Flag: If they push only one project, ignoring others, they may be earning a higher commission from that developer.

6. What are common real estate scams in India?

If an advisor promises assured rental income or instant appreciation, be sceptical. Real estate prices fluctuate based on market conditions, and no one can guarantee fixed returns.

Red Flag: If the offer sounds too good to be true, it probably is.

7. Do real estate advisors help with legal paperwork?

A trusted real estate agency will assist you with legal verification, loan approvals, and documentation to ensure smooth transactions. If they only focus on sales without offering guidance on legalities, be cautious.

Red Flag: If they avoid legal discussions or claim “all approvals are in place” without proof.

8. What are the latest real estate trends in Delhi NCR?

A knowledgeable real estate consultant will provide insights into market trends, price fluctuations, and future developments instead of just hyping a property.

Red Flag: If they dismiss your questions about market trends or only share overly optimistic predictions.

9. How do I verify a real estate company’s legitimacy?

Reputable real estate firms operate from physical offices and have a team of experts specializing in legal, finance, and customer service. If your advisor only operates via WhatsApp or personal meet-ups, investigate further.

Red Flag: If they refuse to share office details or claim “We only work remotely”.

10. What is PropPlan, and how does it help property buyers?

A trustworthy real estate advisor should be associated with recognized platforms like PropPlan, which offers verified property listings, due diligence support, and expert consultation.

Final Verdict: Should You Trust Your Real Estate Advisor?

  • If your advisor answered positively to most of these questions, congratulations! You’ve found a reliable real estate consultant.
  • If they failed on multiple aspects, it’s time to rethink your choices and consider trusted platforms like PropPlan for secure and transparent property transactions.

Why PropPlan?

PropPlan is your trusted real estate partner, offering a wide range of property listings and 360-degree support for both buyers and sellers. Whether you’re looking for residential homes, commercial spaces, or investment properties, PropPlan ensures secure, transparent, and hassle-free transactions.

Your Next Step:

Before making a property decision, visit PropPlan to explore verified listings, get expert consultation, and ensure a stress-free investment experience.

Make informed choices, avoid fraudsters, and let PropPlan guide you towards your dream property!

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