Even with strong online listings and word-of-mouth promotion, sometimes a professional broker can be invaluable in selling your property. From arranging site visits to negotiating prices and guiding you through paperwork, an experienced broker can make the home-selling process much smoother. But how do you find a broker who understands your exact requirements? Infinity Housing provides guidance to help you select the right broker for your needs.
Selling a home can feel overwhelming, especially in a competitive market with numerous attractive properties. While Infinity Housing helps connect sellers with interested buyers, site visits, price negotiations, and documentation still require careful handling. This is where a skilled broker adds value, ensuring the process is seamless and efficient.
Key Questions to Ask a Broker Before Selling Your Home
While recommendations and references are important, you should also ask specific questions to evaluate a broker’s suitability:
1. Ask About Their Marketing Strategies
It’s important to understand how the broker plans to promote your property. Sample questions include:
- Will you arrange virtual tours for buyers who cannot visit in person?
- If online listings don’t generate leads, do you have a ready pool of offline clients?
- On average, how long does it take you to close a deal?
- How would you handle negotiations if a buyer refuses to meet the asking price?
These questions help you gauge the broker’s strategy and effectiveness.
2. Ask About Experience
Choose a broker with market expertise, negotiation skills, and a clear understanding of the property registration process. Some questions to ask:
- How many years have you worked as a broker?
- Which neighborhoods or cities do you usually operate in?
- What types of properties do you handle (apartments, villas, plots)?
- Can you share examples of recent deals and how you found buyers?
3. Gauge Market Knowledge
A competent broker should know the local market trends, price dynamics, and demand-supply situation. Consider asking:
- At what price should I list my property?
- Is now a good time to sell?
- How does my property compare with similar listings in the area?
- Are there upcoming infrastructure or connectivity projects that could affect property prices?
- What documents are needed for registration, and what are the estimated charges (stamp duty, registration fees, etc.)?
These questions help you assess the broker’s expertise and interpersonal skills, which are crucial during negotiations.
4. Check Licenses and Credentials
Under RERA (Real Estate Regulatory Authority) guidelines, brokers must be registered with their respective state authorities. Working with a registered broker provides credibility and legal assurance. Questions to ask include:
- Are you registered with RERA?
- Are you a member of professional associations like ACRI or National Association of Realtors India?
- Can you provide references or documentation of your credentials?
- Have you handled properties similar to mine under RERA regulations?
5. Verify Online Presence
In the digital era, a strong online presence is a sign of credibility and wider reach. A tech-savvy broker can supplement online portals like Infinity Housing to find buyers effectively. Ask:
- Do you have a professional website?
- How do you use social media to market properties?
- How do you ensure your listings remain up to date?
- Can you share client testimonials or reviews?
- How frequently will you update me on online leads and inquiries?
6. Discuss Commission and Services
Have a transparent discussion about the broker’s commission. Typically, this ranges from 1–2% of the sale price, but it may vary depending on the property type, location, or complexity. Ensure you clarify which services are included, whether it’s a fixed fee or a percentage, to avoid misunderstandings.
Frequently Asked Questions (FAQs)
RERA broker registration is usually valid for one year, after which it must be renewed as per state regulations.
Yes. Brokers violating RERA guidelines, such as misrepresenting properties or mishandling transactions, can face fines, suspension, or cancellation of registration.
- Listing broker: Helps list the property on portals like Infinity Housing, markets it, and manages inquiries.
- Selling broker: Actively engages with buyers, negotiates the sale, and completes the transaction paperwork.
By following these steps and asking the right questions, homeowners can select a broker who complements the power of Infinity Housing’s online platform and ensures a smooth, hassle-free property sale.
Join The Discussion