Channel Partners for your Premium Home Purchase

Aayush Prabhu recently made it to the big leagues as far as his job was concerned. After a reasonable amount of time in this new position, Aayush was now ready to invest in a premium property and make another one of his dreams come true.However, finding the right property seemed to be a mind-boggling affair. While there were quite a few interesting possibilities around, there were several aspects that lacked in clarity. That is when someone suggested he consider buying property through a channel partner. Now here was an option he was willing to explore.Of course, Aayush could have tried finding a property through a broker or an agent. But, in most cases, a broker is trying to sell you a property that gives him the larger commission. Whether the property matches your personality or your financial standing is not going to matter much to him. If you are an NRI, then the chances of you getting a bad deal are higher.Channel partners are basically agencies that work along with builders to help them sell a property. This agency works with a large portfolio of homes across varying premium budgets. Their primary goal is to match the right kind of home to a potential buying. They are also responsible for the entire process of purchase and will ensure transparency in the deal.

Difference in services between channel partners and brokers

• Channel partners charge builders for the properties they handle and not the buyer. Therefore, the focus is on selling the right kind of apartment to you. As a client of a channel partner, you are also offered exclusive prices on the homes.
• Channel partners tend to deal with a niche set of apartments and so you have an ideal database to look through. These partners have an upper hand as far as range and quality of premium homes go.
• These agencies completely research the builders that they partner with. This means that the research you should be doing, is taken care of by them. You will not have to worry about the credibility of the builders.
• An added benefit is that channel partners walk the whole stretch with you. They take care of all paperwork related to purchasing a property and this is a major burden off your shoulders.
• Convenience characterizes every aspect of dealing with a channel partner. A single such service will ensure that you do not have visit multiple developer offices and share your details and requirements several times over.

The possible flipside though:

• Channel partners often come up with lucrative schemes such as discounts off prices, in a bid to make you book an apartment. It is important that all such deals be taken down in writing to ensure that you get what you are promised.
• Channel partners are often given a quota of apartments to sell. There may be a chance that what is available may not be to your liking. That being said, channel partners may attempt to pass of a home as something that it is not. It is important that you verify all the information you are getting and double check at every level.

There are several channel partners functioning across the city that Aayush can choose from. While he is making the most of the service, perhaps you should consider doing so as well.Some examples of channel partners are:

• Indiahomes.com for Brigade Group
• BOP Group for DLF Estate
• PropTiger

The services give you a curated list of homes to look through. The benefits of having documents whetted and brands with a good standing in this list adds to the list of benefits when going through a channel partner.