We will cover an important topic for anyone who is interested in buying or selling a property in Turkey and we will discuss the difference between a real estate consultant and a real estate broker in Turkey, as a thorough understanding of these roles may be beneficial to anyone seeking to benefit from the expertise of real estate professionals in this beautiful country, so let's start.
What is meant by a real estate consultant in Turkey?
A real estate consultant in Turkey is a professional who provides advisory services in the field of real estate and the real estate consultant is considered an expert in the Turkish real estate market and works to provide clients with the information and advice necessary to make informed decisions regarding the purchase or sale of real estate.
What is meant by a real estate broker in Turkey?
A real estate broker in Turkey is an intermediary who works in the real estate sector and helps connect buyers and sellers together to complete real estate deals, also known as a real estate broker or real estate agent.
What is the role of a real estate consultant in Turkey?
- The real estate consultant listens to the needs and requirements of clients and provides professional advice on the appropriate options for them, such as suitable residential areas and the type of real estate suitable for their needs.
- It searches for and analyzes the properties available in the market based on the specified criteria, such as the location, price, and the general condition of the property and its features.
- He organizes and facilitates negotiation processes between clients and other parties to the transaction, and seeks best terms and prices for the client and arranges contracts and purchase/sale procedures reliably and efficiently.
- He conducts the necessary research to ensure the safety of the property and that it is free from any legal or financial problems. Assists in validating legal documents and obtaining an independent appraisal of the property if required.
- Acts as an intermediary between clients, real estate developers, owners and other real estate agents and it coordinates between all parties and facilitates communication and exchange of important information.
- The real estate consultant knows the real estate laws and regulations in Turkey and can guide clients on the legal and tax obligations related to the purchase and sale of real estate.
What is the role of the real estate broker in Turkey?
- It searches for available properties in the market and analyzes them based on customers' needs and requirements, presents suitable offers to buyers and provides the necessary information about available properties.
- It works on marketing real estate to the public and showing it in the best possible way, using various means of communication such as advertisements, websites and social media to attract potential customers.
- The real estate broker negotiates the prices and terms of sale/purchase between the seller and the buyer, working to obtain the best terms and prices for both parties and ensuring the safety of the deal and the interest of both sides.
- Prepares contracts and documents necessary for real estate transactions, such as purchase and sale contracts, lease contracts, and others and ensures that contracts are in compliance with local laws and regulations and protects the rights of both parties.
- The real estate broker facilitates communication between the seller, buyer, and other real estate investors and he organizes visits to real estate, arranges meetings, and exchanges important information between the concerned parties.
What are the categories of real estate brokers in Turkey?
- Seller's Agent: This broker contracts with the owner of the property who wants to sell it, offers the property for sale, and uses appropriate marketing methods to attract buyers and get the best price that suits the owner of the property.
- Buyer's agent: This broker contracts with the buyer and assists him in buying the property in Turkey, and seeks to obtain the best offers and prices that suit him.
- Dual Agent: This person serves both the seller and the buyer and he works with integrity and honesty and seeks to reach an agreement that satisfies both parties without prejudice to the right of one of them and if a conflict of interest occurs, he must withdraw his services from one of the parties.
- Transaction Agent: This person can act on behalf of the buyer and seller without any interference in the buying and selling procedures and owning the property in Turkey. Its mission is limited to facilitating paper procedures, transferring ownership of the property and registering it in the Land Registry Department.
Dual agency is subject to many special laws, and legislation varies between countries and in some countries, it is not legal to act as a double agent, while in others it is permitted if the broker works with both the seller and the buyer.
Advantages of hiring a real estate consultant in Turkey
- The real estate consultant has extensive knowledge of the real estate market in Turkey, knows the current changes and trends in the market and can provide accurate and up-to-date information about neighborhoods and areas suitable for real estate investment.
- It saves you time and effort. Instead of spending many hours searching for suitable properties and meeting sellers, a real estate consultant can do this part of the work for you, suggesting suitable offers and arranging visits to properties that meet your requirements.
- A real estate consultant provides professional advice and expertise in the buying or selling process and he can guide you and provide important advice based on his knowledge of local laws and regulations and potential legal and tax challenges.
- He has strong negotiation skills and the ability to practice effective negotiation and he can skillfully negotiate with sellers or buyers to get the best terms and prices that suit you.
- The real estate consultant works to protect your interests and rights as a client and ensures the safety of the property and the availability of the necessary legal documents to complete the transaction safely and correctly.
- The real estate consultant has a wide network of professional relationships in the real estate industry, including agents, developers and other investors, has access to exclusive opportunities and offers, and connects with the right people to complete a successful deal.
- It provides support after the completion of the sale or purchase process, it can direct you regarding registration procedures, the legal transfer of ownership and provide advice in the case of maintenance or property management.
Common questions
What is the difference between a real estate consultant and a broker in Turkey?
A real estate consultant in Turkey is a professional advisor who provides advisory services and specialized knowledge to clients in the real estate buying and selling process, as for the broker in Turkey, he is the mediator who connects buyers and sellers and completes real estate deals.
What are the responsibilities of a real estate consultant in Turkey ?
The responsibilities of the real estate consultant include providing professional advice and knowledge of the real estate market in Turkey, analyzing offers and requests, organizing visits to real estate, negotiating between parties, and preparing contracts and necessary documents.
What are the responsibilities of a real estate broker in Turkey ?
A broker's responsibilities are to mediate the purchase and sale of real estate, market the real estate to potential buyers, arrange visits, negotiate prices and terms of the deal, prepare contracts and register property.
The idea of buying real estate in Turkey has become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.
Do not forget that investing in real estate in Turkey is only a way to gain Turkish citizenshipor real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.
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