AGENTS/BROKERS/MARKETING TEAMS/REAL ESTATE AGENCIES – CHECK BEFORE AVAILING THEIR SERVICES


AGENTS/BROKERS ARE THE MAIN ARTERIES OF THE REAL ESTATE MARKET IN BANGALORE AND THE BUYERS OF PROPERTIES OR LESSEES/LESSORS OF PROPERTIES OR LAND LORDS GENERALLY NEVER CHECK THE BACKGROUND OF THESE PERSONS/GROUPS OR ORGANISATIONS AS SOME OF THEM HAVE CRIMINAL BACKGROUND, NEXUS WITH LANDMAFIA AND EVEN TERROR OUTFITS.

MANY OF THESE AGENTS/BROKERS HAVE POSH OFFICES WITH A FRONT DESK AND SWEET TALKING PERSONS TO TRAP THE BUYERS.

CHECK THEIR BACKGROUND, EDUCATIONAL QUALIFICATION, THEIR PAST PERFORMANCE, PERMISSIONS/LICENSES, REFERENCES AND THEIR EXPERTISE TO DELIVER THE REQUIRED SERVICES BEFORE STEPPING INTO THEIR OFFICES OR DOMAIN OR HANDING OVER THE ASSIGNMENT.

THE BUYERS OR THE LESSEES /LESSORS ASSIGN THE DOCUMENTATION OF THE PROPERTIES LIKE DRAFTING/PREPARATION OF SALE AGREEMENT, GENERAL POWER OF ATTORNEY, SALE DEED AND LEASE DEED ETC INTO THE HANDS OF ILLITERATE, IGNORANT AND DANGEROUS AGENTS, WHO ON THE PRETEXT OF HAVING WIDE CONTACTS, DRAFT THESE DOCUMENTS AT THE RISK OF PERIL TO THE BUYERS OR LESSORS.

CONTRACT OR DOCUMENTATION OF ANY TRANSACTIONS MUST BE DONE WITHIN THE FRAMEWORK OF LAW WITH CLEAR CUT DETAILS AND PREVAILING LAWS.  THE LEGAL DOCUMENTS CANNOT BE GENERALISED, DEPENDS UPON THE NEED AND REQUIREMENTS OF BOTH THE PARTIES, MUST BE CUSTOMISED WITH EXPLICIT DETAILS ABOUT THE PROPERTY/SUBJECT WITH PROPER PREAMBLE OR RECITALS.  IN THE EVENT OF ANY DEFAULT OR DISPUTE, THE DOCUMENTS WILL BE VERY HELPFUL IN THE COURT OF LAW AND MUST BE ELIGIBLE TO BE ADMITTED AS EVIDENCE IN THE COURT.

THE LANDLORDS OF THE BUILDINGS OFFERED FOR LEASE OR SALE,MUST TAKE DUE CARE AND  DILIGENCE WHILE CHOOSING NOT ONLY THE TENANT BUT ALSO THE AGENTS TO PROVIDE SERVICE. 

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