How do you know the extent of credibility of a real estate agent in Turkey?

The procedures for buying property in Turkey has transformed from mere transactions between a seller and a buyer to an existing business process in itself in which many tasks and parties are involved, especially if the seller and the buyer have long distances, such as the real owner of the property is in Turkey and the person who is thinking about buying property in Istanbul is in Saudi Arabia.

From here, the services accompanying the process of buying property in Turkey started to grow and this country has witnessed a real leap in the real estate market for ten consecutive years as foreign investors increased their demand to buy property in Turkey on a record basis, creating an urgent need for customers for some advice and assistance. And other services without having to go personally to Turkey.

The result was the profession of "the real estate agent in Turkey", the latter who was entrusted with the responsibility of arranging everything related to the process of buying, selling, renting and managing real estate investment in Turkey in addition to marketing for real estate projects and following all legal procedures from preparing documents to the purpose of obtaining the title deed, or sometimes obtaining Turkish citizenship if the purchase price of the property in Turkey  is $ 250,000 or more.

The profession of real estate agent in Turkey has gained a wide reputation due to the great growth of the real estate market and the growing interest of the Turkish government in the sector by legislating laws and adopting facilitative measures to attract foreign buyers with a focus on Arab investment in Turkey properties, which facilitated the work of real estate agents in Turkey from different nationalities, especially Arabs.

The real estate agencies in Turkey are divided into companies and individuals where the two types depend on taking a certain percentage from both sides of the real estate process that varies according to the different factors.

Types of real estate agents in Turkey:

●     The real estate agent, whether an individual or a company that is approved by construction companies in Turkey in return for a certain percentage agreed in advance, just like the case of Alhuda Real Estate Company that has special offers and discounts by virtue of its contract with the largest Turkish construction companies.

●     A real estate agent in Turkey is assigned to do the task of buying the property in Turkey in exchange for a certain percentage agreed with the investor.

●     The real estate rental agent is a person or office that implements a marketing plan for the properties offered for rental by its owner, provided that the agent gets a certain percentage of the owner wanting to rent his house or apartment.

●     A legal agent who is charged with following up all the legal procedures accompanying the process of owning a property in Turkey, documenting all documents with the notary.

How much do real estate agents charge?

●     Between 4 to 6 percent of real estate prices in Turkey which is the percentage of the wages of real estate companies that are competent to sell.

●     Between 1 to 2 percent of the property price for an individual agent who deals with a real estate company.

●     The equivalent of one month's rental value for a real estate rental agent.

Why do you have to deal with a real estate agent in Turkey?

Many people familiar with the real estate market are advised to deal with real estate agents in Turkey during purchases of property in Turkey to take advantage of many features, most notably:

●     Benefiting from the experience of real estate agents in the sector.

●     Gain time to speed up the process of buying property in Istanbul.

●     Providing efforts to search for suitable properties.

●     Take advantage of special prices and discounts offered by construction companies to real estate agents only.

●     Take advantage of the free real estate tours to preview projects and offers of apartments for sale in Turkey.

●     Benefiting from accurate real estate and legal advice.

●     Take advantage of the agent's familiarity with all legal updates and acquisition procedures in Turkey.

●     Facilitate communication and negotiation with Turkish sellers, given the majority of agents are fluent in Turkish.

●     Extending the process of benefiting from the after-sales services provided by various real estate agencies in Turkey.

●     Avoid fraudulent real estate purchases in Turkey, as real estate agencies are licensed companies that operate under the cover of Turkish laws.

Everyone unanimously agrees that seeking the assistance of a real estate agent in the event of taking any step related to the process of buying property in Turkey is absolutely correct, but this does not mean that you choose whoever meets you directly, but rather make your choice to be built on a sound basis of a company with a reliable reputation in the Turkish real estate market and among investors.