Blog

How to get real estate without worries: Security and reliability of agencies

22.10.2022

How to get real estate without worries: Security and reliability of agencies

In the search for your new temporary or permanent home, you will encounter an ocean of obstacles and questionable situations, which can be avoided if you opt for a licensed real estate agency.

Exchange your questions and concerns, for answers and solutions that will be provided to you by experienced agents who have already answered similar questions or even solved the same concerns. We will describe several clear and extremely significant benefits of searching for real estate through an agency.

 

The contract really is binding

What is often avoided in finding accommodation through the owner is the contract. If such a situation occurs, you are in some way already unprotected and in a very bad position.

The contract is a document that will be used in case of any dispute and major deviation from what was agreed upon during the lease. The complete relationship between the lessor and the lessee is regulated by that contract.

The contract includes the rights and obligations of both parties, as well as important information about the apartment/house, which is the subject of the lease.

The contract also states the duration of the lease, the amount and method of paying rent and bills. It is also stated what are the cases of legal termination of the lease and the procedure of the parties in that situation, the length of the notice period.

In case the tenant thinks that his rights have been violated, the contract will help him.

Conversely, the contract also protects the owner from unscrupulous tenants.

When you draw up a contract, all important questions must be included in it: from the amount of rent, when it can be raised, about keeping the property, returning the deposit, and the like.

Cooperation with the agency guarantees you a contractual form. That way you are protected from capricious decisions and attempts at fraud, which is a problem in today's nectarine world.

 

Your wishes become someone's TO-DO list

If you decide to cooperate with an agency, you meet with your agent. During this meeting, you convey all your wishes and needs when it comes to your future real estate to the agent. The information you provide becomes instructions for the agent, who will then find the best option for you in relation to your needs, wishes and, of course, possibilities. Making your search easier at the start and ensuring the most ideal find.

Also, you will rarely find the security that comes with an agency when it comes to real estate in Montenegro. There are frequent cases where landlords refuse to sign leases with tenants for tax avoidance or out of sheer negligence, this one move opens the door to numerous scams that can occur. An example would be if you were promised conditions that are not fulfilled in the end.

If you decide to work with an agency, it is also important to check the agency itself. When signing the contract, pay attention to the information about the agency. The contract must have their PIB number - this means they are registered as a tax payer, and actually legal. Make sure the contract includes all the items that are important to you, and feel free to ask for changes before signing. It is important that everything you agreed on is on paper, in case of a dispute or future disagreements, either with the agency or with the owner.

 

Relaxed move-in

It's hard to imagine that there is such a thing as stress-free moving into a new home, but with the help of a real estate agency, what is a stressful process becomes much more relaxed. You know that you are insured by the contract you signed, it is clear to you that you have left the search to professionals, and therefore the most difficult part of the job is over.

 

Time is money

Agencies that have been working for years know the subject very well. They know exactly what paperwork is needed, how to find the best option for a specific client, administrative tasks are practically second nature to them. Imagine how long it would take you, assuming you are not in a similar industry, to collect all the necessary permits, forms and contracts. That's why it's invaluable to hire an agent to handle all of this for you.

At the end of the day, think about the time you would spend looking at ads that you don't know if they are reliable, how many of the same questions would you have to ask in a day? Of course, all this also applies in the situation where you sell or rent out your real estate. The time you would invest in looking for a property that is not even safe for you, you can use for something more productive if you decide to use an agency.

The agent looking for your property has this as their business priority. Therefore, during that period you can focus on your family, friends and moving plans. Basically, your time becomes valuable, try to invest it wisely.

 

Market knowledge

An agency that works seriously and has satisfied clients behind it will always have a good market analysis. Good agencies always have relevant information about the state of the market. When you hire them, agents will share this information with you, thoroughly research locations that are suitable for purchase, or give you a solid appraisal of the property you are selling or renting. The agents will do all of the above following your instructions and will see to it that they orient themselves to the supporting facilities that are needed for a settlement to be called urban.

That knowledge is the product of great information and experience. Knowledge of the market is therefore one of the items that are really significant and invaluable when it comes to the world of real estate. You need to know what the current situation is, but also know the history of real estate movements in a certain area, and that comes with experience and professionalism. For the sake of your secure future, the smartest decision is to rely on a real estate agent who is truly knowledgeable and ready to find you exactly what you are looking for and need.

 

Experience improves vision

A very important role of the agent is to legally check each apartment and go through all the papers in detail. The agent's role does not end here, the agent visits the property, checks whether it is the same as in the ad and whether it meets your needs. Sometimes an apartment can "look" great to you, and the agent is there to work in your favor and guide you if there are any mistakes or if you overlook something. The agent will look at the apartment and contact you with detailed information about the real picture of the apartment and how much money would be needed for the renovation. Another important item is the deposit. The advice is to never give money for a deposit without the presence of an agent. The agency attaches all the documentation for you, so you can be sure that every aspect is legally covered, and that you will get your deposit back.

Searching for a home can be made easier, your only obligation can be to create a home out of the property. The task of creating a home is already difficult enough and requires a lot of effort, at the very least you can leave the finding of a suitable space to the professionals. Welcome to smart investments that definitely pay off.