As the Real Estate game here in China is different from the one back home, not all agents strive for Western standards. Still, as a client one should not compromise on some very important points. How can you tell if your agent is working on your behalf or his/her own?
Below are some helpful tips to help you navigate through using a real estate agent in Shanghai. Also, keep an eye out for our “Shanghai Property Rental Guide” that we will be posting about very soon. We plan to include multiple posts with helpful information regarding the different types of property rentals in Shanghai, the difference between living in certain Shanghai districts, how to make sure you are getting your money’s worth, navigating both Chinese and Western real estate agencies, understanding your leasing terms and conditions, and more! We are passionate about helping expats finding the home of their dreams in Shanghai and this information will surely help you accomplish just that!
A good property agent will show you properties that match closely the criteria that you give them at a price that is close to your budget in the areas of Shanghai that suits you best. They will let you know if your housing requirements and budget are reasonable for the area and advise you accordingly. If you have a good pro-active agent there is no need to see more than 10-15 properties.
Your real estate agent should be able to answer most of these questions:
- property’s décor/style and furnishings
- any renovations
- past tenants
- the landlord’s background
- landlord’s location
- compound’s management & facilities
- estimated number of expats
- distances to shops, bars, restaurants, subway and major roads.
If you have a good agent then stick with them and let them find you the right Apartment in Shanghai. Using too many agencies can ruin your chances of finding a good home quickly because good agents will feel less likely to work hard for someone who is using three or more different agencies. So, if you find a good agent then give them some time to do their search and a chance to find you your new home.
The easiest way to overcome the problems of finding your rental home in Shanghai is to use the services of a trusted and recommended agent that is experienced in dealing with expatriates and their whole relocation process. They will understand your needs and can quickly source the best home for you at the right price.
Adrienne Farrelly is one of Shanghai’s most experienced expatriate Property Agents helping expats find new homes since 1994. You can reach her at +86 13122 810 421 or firstname.lastname@example.org. Connect with her on Skype at shanghaiproperties8. Shanghai Properties