How to identify the right property broker

A domestic helps agent doubles as a property dealer. One fine day, a ration shopkeeper switches jobs to become a property dealer as there is a ‘huge’ profit involved in this sector as opposed to his earlier calling.

With no licensing authority in the realty sector or educational qualifications required for being a property broker in India, it has become a free for-all in the industry, with investors, housewives , retired persons and individuals dabbling in property transactions.

The problem for a genuine home buyer becomes compounded as he is not able to tell a good broker from an incompetent one.

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