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Choosing real estate agents

How to Choose a Kenyan Real Estate Agent In Kenya, before you choose which Real Estate Agent you would like to market your property you need to decide if you will be managing the property yourself or want a Kenyan Real Estate Agent to do it. If you intend to manage the property yourself then you need not be concerned with the Kenyan Real Estate Agent management services during the selection process only their marketing expertise and the robustness of their referencing procedures. Try clicking through to the websites of some of the Kenyan Real Estate Agents covering your area to see if they have properties on their books that are similar to yours. PropertyLeo makes this process easy for you as we automatically link in Kenyan Real Estate Agents website addresses. If you use a Kenyan Real Estate Agent that has a few properties like yours on their books they are likely to already be attracting interest from tenants looking in your area and price range. Tenants will usually look at a few rental properties in one trip so it helps if they are with a single agent. A Kenyan Real Estate Agent that is already marketing properties like yours is also more likely to have a better idea about the rental value. The next step is to invite your selected Kenyan Real Estate Agent to visit your property and give their views on the current market rent. Use PropertyLeo e-mail service to contact your selected agent with a single e-mail. What you are looking for here is not just a figure but some idea of how the agent has arrived at that figure. A good Kenya Real Estate Agent should be able to give you details of at least a couple of similar properties that they have let recently which are comparable to yours. Having had your valuations decide on the best asking price, giving more weight to the figure quoted by the Kenyan Real Estate Agent with the best comparable evidence. You should be given a copy of the Kenyan Real Estate Agents Terms & Conditions when they visit you although there is not usually any need to return these until a tenant has been found. That does not mean that you should leave any negotiation on fees until that time; that should be done at the outset. As letting is a relatively fast moving business most Kenyan Real Estate Agents only provide basic details and photographs rather that full particulars. If the property is vacant you should provide a set of keys for the Kenyan Real Estate Agent that you are using. Don’t forget to collect all the keys once the property is let. If you are really brave and why not post your property yourself on PropertyLeo, become your own agent. This type of practice happens all over the World but is a new concept to Kenya. But be aware that the responsibility of referencing and paperwork falls on your shoulders, that why Kenyan Real Estate Agent earns and deserve their fees.

 

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Date: 14/05/09
Author: PropertyLeo