Office spaces in Bangalore are high in demand. If you’re looking for a commercial real estate agent in Bangalore to find you the perfect roof to start your business under, we’ve got the perfect tips! From accreditations to brokerage fees, we have many pro ways for you to check if a real estate agent is good for your project.
6 Ways to Find the top best Commercial Real Estate Agent in Bangalore
Being the Silicon Valley of India, finding an office space in Bangalore can turn your business into a new leaf. If you’re stuck hunting for a reliable real estate agent to rent office space in Bangalore, we can show you the right way.
1. Past Records
One way to ascertain if the real estate agent you’ve chosen is a professional is by going through his or her past job records. Consult with previous clients and hire agents with a history of successfully completing projects as you have in mind.
Never hire real estate agents with baseless or zero histories of leasing office space in Bangalore for rent. Most agents proudly share information about their past clients. Moreover, if it is an established company, you can consult an online web portal and google reviews for the same agent.
2. Charges and Fees
The next vital thing to confirm is the fees of the broker. At times, agents try to squeeze more money out of naïve clients by changing their brokerage fees. To avoid it, fix the brokerage fee with a written and signed agreement, by both parties. If you have a lawyer, seek assistance.
In most places of India, 2% of any property deal above 50 lakh is commissioned by the broker. This might change depending on the local bodies.
3. Licensing, Membership and Certifications
Never hire a real estate agent without a license. Although commercial real estate in India is unregulated, you can check the authority of a real estate agent or committee by checking with the Association of Certified Realtors of India (ACRI) or the National Association of Realtors (NAR).
People posing as agents often miss out on these legal memberships and licenses. This is a surefire way to find fraudulent real estate agents in Bangalore.
4. Expertise with the Locality
One of the commonly ignored mistakes of newbie entrepreneurs is how they skip on checking if the agent fits their commercial real estate needs.
Perhaps you have a star real estate agent in Gurgaon, but if you want to make a profitable commercial real estate deal in Bangalore, you need to find reliable agents from Bengaluru. It is vital for an agent to know the locality, as you may run into irrevocable problems in the future sans the same.
5. Good Customer Service
Does your agent clarify the real estate mumbo jumbo? If your broker mesmerizes you with bombastic technical jargon then explain what it means, he or she might be trying to con you. A good real estate agent stays with the client, explains the technicality, and provides 100% transparency.
The Real Estate Expert Says …
If you don’t want to lease a complete office, we can help you save money, time and energy too. Have you heard about the western hack of coworking spaces? We’ve got it in Bengaluru too! Explore your options for shared office spaces with our consultant ASAP!
