Reason 86 - Your Real Estate Agent Mediates for You When Post-transaction Conflict Occurs

 

It does not mean that as soon as money change hands in a real estate transaction, everything is done. There are so many things that needed to be ironed out before full ownership transfer is achieved. Enter the professional practitioner in the realtor. He is not just driven by the motive to complete a deal and earn commissions but also complete altogether a package of functions for his achievement.

The realtor also acts as a mediator to settle any conflicts, if there is any, between the buyer and the seller. Well-trained to find “win-win” solutions, he is the most effective channel to achieving a successful property deal. Completing the process of property transfer from the seller to the buyer is an achievement that simply ushers the deal to finality. All necessary processes and legal requirements are expected to be done by realtors.

You should remember that there are numerous complications involved in real estate business. If you are a buyer or a seller, you may regret in the end, should you decide to do the requirements all by yourself. It would be a riskier job to handle.

Without the assistance and counsel of a realtor, don’t expect a smooth and fast transaction. Imagine yourself having to deal with a lot of requirements before you can even get an interested buyer and until finding out how to finally close a deal—properly and legally.

For instance, if you are a buyer, until and unless you made the full payment, you cannot claim property ownership yet. Make sure that before you tender the full payment of the property to the owner, the title is already transferred in your name. Surely, if you have commissioned a realtor to do all the coordination for you, you don’t have to worry all this.

Your realtor can do the investigation and house inspection for you in coordination with a registered appraiser. Your agent will also help you make a list on what to prepare before disposing your property to the buyer.

Making a check list on things that should be done before the finally of closing a deal is critical to a successful real estate business. Of course, you cannot afford to spend more for the processes and document. It will ultimately drain your money and energy. The emphasis here is to get a professional coordinator in servicing all your needs. In the real estate industry, the realtors are the only reliable coordinators.

You also make sure, though, that you do not leave everything to your realtors. Read and review all the documents before signing. Always consult your realtor in every decision and every move pertaining to the sale or purchase of a property. Establish transparency and honesty with your realtor every step of the way.

 

Buy, Sell, Rent, Invest, In Singapore

 

Mindy Yong 杨雯诗

CEA Registration Number : R021232Z

Tel: (+65) 91002985
Fax: (+65) 64021826

mindy@mindyyong.com

 

KF Property Network Pte Ltd
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