Why Should I Use A Broker?
Now thats a normal question a client would consider "why to use a ‘broker’ or sourcing agents to rent, lease or acquire a property rather than going direct to the real estate developer, after all surely the broker is making a commission that could go to you? Alternatively can you not just use a buy to let broker and then once you have the right property go direct to the real estate developer at that stage?
These are legitimate questions, and after all you are in the business to get the best possible returns which means any cost savings should be taken at all stages of the investment. So what exactly does a broker do?
Firstly it is important to understand how the relationship between all the parties work. The main developers build, lean on brokers with their network of investors to sell, and then the management company manages the building there after.
With this relationship real estate developers either do not have a client focussed sales team, or have agreements with brokers that if a client does come direct they are unable to offer discounts.
This means that if a client does circumvent the broker they pay full market rate, however if they buy through the broker there is an ability to negotiate the price. Whichever serves your purpose we got it covered here with our professional team of real estate developers and brokers at your service.
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