How to Choose the Right Real Estate Agent In India

How  to choosing the right partner for your property journey in india

1. Verify RERA Registration (Non-Negotiable)

Since the implementation of the Real Estate (Regulation and Development) Act (RERA), every professional broker in India must be registered.

• Why it matters: A RERA-registered agent is legally accountable. If they mislead you or commit fraud, you have a formal channel for redressal.
• What to do: Ask for their RERA Registration Number. Cross-check it on the official RERA website of your specific state (e.g., MahaRERA for Maharashtra, TNRERA for Tamil Nadu).

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2. Evaluate Local "Micro-Market" Expertise

In India, real estate trends change from one sector or colony to the next. An agent who claims to cover an entire city often lacks the depth you need.

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• Local Intelligence: Your agent should know upcoming infrastructure projects (like new Metro lines or flyovers), water supply issues in specific societies, and the "true" market price versus the "quoted" price.
• The Test: Ask them, "What has been the actual closing price of the last three 3BHKs sold in this specific society?" A good agent will have data, not just vague estimates.

3. Check for Specialized Experience

An agent who excels at renting out studio apartments might not be the best choice for buying a luxury villa or a commercial shop.

• Buy vs. Sell: If you are a buyer, look for a Buyer’s Agent who has a network of multiple builders and resale owners.
• Type of Property: Ensure they have handled properties in your specific price bracket. High-end luxury deals require different legal vetting and networking than affordable housing.

4. Understand the Fee Structure Upfront

Standard brokerage fees in India typically range from 1% to 2% of the property value for sales, and 15 days to 1 month’s rent for rentals.

• Transparency: Be wary of agents who offer "free" services for buyers. Often, they are getting a higher commission from the builder, which might bias their advice toward a specific project rather than your best interest.
• Written Agreement: Always clarify when the brokerage is due (e.g., 50% at the time of the Sale Agreement and 50% at Registration).

5. Assess Their "Legal and Paperwork" Savvy

A great Indian agent is part-negotiator, part-legal guide. They should be able to help you verify:

• Chain of Title: Ensuring the seller actually owns the property.
• Encumbrance Certificate (EC): Confirming there are no outstanding loans on the property.
• Occupancy Certificate (OC): Ensuring the building is legally fit for residents.