Buying vs Renting Real Estate: How to Make the Right Choice for Your Goals

Finding a flat or commercial space without paying brokerage is now easier than ever, thanks to digital platforms and specialized apps. Here’s a structured guide to help you navigate this process efficiently.

1. Understand Zero-Brokerage Platforms

Zero-brokerage platforms connect property seekers directly with property owners, eliminating the need for traditional brokers and their fees. These platforms offer extensive listings for both residential and commercial properties, ensuring transparency and cost savings.

2. Choose the Right Platform or App

Select a reputed zero-brokerage platform or app. Some of the most popular options include:

• NoBroker: Offers verified listings for flats, houses, and commercial spaces directly from owners, with robust filters for location, budget, and amenities.

• No Brokerage Hub: Specializes in commercial spaces in major cities, providing curated, brokerage-free office listings and transparent processes.

• NooBrokerage: Focuses on connecting renters and buyers directly with owners for both residential and commercial properties, ensuring zero brokerage.

• HexaHome: An all-in-one app for buying, renting, and selling flats, offices, and shops, featuring genuine zero-brokerage listings and user-friendly search filters.

3. Register and Set Your Preferences

• Create an account on your chosen platform or app.

• Set your preferences by selecting property type (flat, office, shop, etc.), location, budget, and required amenities.

• Use advanced filters to narrow down your search to only zero-brokerage listings.

4. Browse and Shortlist Properties

• Explore the available listings, paying attention to details such as property photos, floor plans, and owner contact information.

• Shortlist properties that match your requirements. Most platforms allow you to save favorites for easy comparison.

5. Directly Contact Owners

• Use the platform’s messaging or call features to connect directly with property owners.

• Ask questions about the property, schedule site visits, and negotiate terms without any intermediary.

6. Verify Property Details

• Visit the shortlisted properties in person to verify the condition and location.

• Check all legal documents, including ownership papers, occupancy certificates, and any applicable society approvals.

• For commercial spaces, ensure the property complies with local zoning and business regulations.

7. Negotiate and Finalize the Deal

• Discuss rent, deposit, or sale price directly with the owner.

• Negotiate terms such as maintenance charges, lock-in period, and notice period.

• Once agreed, draft a rental or sale agreement. Some platforms offer assistance with legal paperwork and rental agreements.

8. Complete the Transaction

• Sign the agreement in the presence of witnesses.

• Complete payment as per the agreed terms, ensuring all transactions are documented.

• Move in or set up your business in your new space, having saved significantly by avoiding brokerage fees.

Tips for a Smooth Zero-Brokerage Search

• Always use platforms that verify owner listings to avoid scams.

• Be prompt in communication to secure the best properties, as zero-brokerage listings are in high demand.

• Use apps like HexaHome for a seamless, all-in-one experience across multiple cities and property types.

For a comprehensive and hassle-free property search experience, consider using the HexaHome app by Hexadecimai Software Pvt Ltd, which offers extensive zero-brokerage listings for both flats and commercial spaces.