How to make your property search easy by engaging a Property agent of Singapore

1. How to make your property search easy by engaging a Property agent of Singapore If you are searching for a property to buy or rent, the basic market study is required to get a fundamental idea regarding the current status of the real estate market of Singapore, which you can obtain by yourself or engage a real estate agent of Singapore to guide you regarding the certain checkpoints to follow during your property search. Such as; 1. The location, utilities, last maintenance status, available facilities and all other policies of the property. 2. The asking price of the property and check whether it is negotiable or not. 3. The time duration for closing the deal, as if it’s an on spot only offer or not. 4. Maintenance cost and the condition of the interior of the property and confirm, whether a management council is responsible for that or not. Now there are certain benefits to appoint a property agent of Singapore regarding your search, instead of doing it by yourself, as they have the best knowledge of the real estate market and the rules and regulation of the property dealing, so they can help you from many aspects, such as; 1.Research the current property prices The real estate agents have the best knowledge of real estate market, which includes the listing of existing properties as well as the new launch properties, which affects as a great help for you as a tentative buyer or renter. 2.The trends of the real-estate market While the price trends differ between neighborhoods and even between different developments within the area, the general trend has been that rental supply is higher than demand. When the rental market is in an upward swing and landlords find their property hotly contested by prospective buyers or tenants, they will have the power to request a higher price. 3.Understanding your bargaining position The property agent will inform you about the state of the rental market, whether the unit you are looking for purchase or rent is up to your bargaining position or not, as per your demand and budget. So you will have a general idea of what to pay and what not to pay for your place. Now if you know that you have the bargaining power on your side, the landlord may become interested to negotiate, even if it means slightly lowering his/her minimum acceptable price.

2. 4.Effect on negotiation margins If the revised asking price is still too high for your liking, the property agent will help you with their knowledge of negotiation margins, i.e. the difference between asking price and the price the landlord is willing to accept - can be rather large, in negotiating rent before you make your offer that can save your money, by lowering the purchasing or renting price. Conclusion As the real estate agent is obligated to protect your interest and negotiate for a better deal also check the condition of the property is acceptable or not and ensure the contract is reasonable as per your demand. Thus, including these aforementioned benefits, the property agents of Singapore will guide and help you to purchase or hire a perfect place within your affordable budget, also in the most suitable location to serve your purpose all way.