You know that feeling when you’re about to spend a lot of money on something big?
Your stomach feels tied up in knots. Many people feel this way when they think about buying property in Bali.
They worry their hard-earned cash might vanish if things go wrong.
They lose sleep, wondering if the person looking after their property is doing a good job.
And all those tricky rules about buying land in Bali? It’s enough to make anyone’s head spin!
You need someone who gets it and can guide you through this.
And that’s where a good real estate agent comes in. They do not only help you before making any decisions, but they also help you after making the transaction.
So, let’s see how they can help with all those worries and make the process easier for you.
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With over 12+ years in the market, here’s what we can do for you:
- Find the best location to invest in Bali.
- Reliable guidance on Bali’s property market and laws.
- Personalized strategy to maximize returns and meet your financial goals.
How a real estate agent can help you before the purchase
If you’re wondering why working with an agent for your investment property in Bali is important, here are four major reasons.
Let’s break down exactly how a good agent can make your life easier.
#1 They help you find the right property
When looking for a property in Bali, there are many options to consider. This is where your real estate agent becomes very helpful.
They start by listening to what you want.
- You might want a house with a pool, a place close to the beach, or
- A quiet spot in the rice fields.
They know houses and land that most investors don’t know yet but are popular with renters.
With their connections, the agent often knows about properties that aren’t publicly listed yet.
You might see and buy a great place before others know it’s for sale.
They save you time by selecting the best options that match your requirements.
Instead of visiting every available house, they pick out the ones that best fit your needs.
Finding your ideal property in Bali becomes much more manageable and enjoyable with an agent.
#2 They explain local rules in simple terms
Buying a house in Bali differs from buying one in your home country.
Many special rules, particularly for foreigners, can be very confusing.
Your real estate agent explains these rules in easy-to-understand language.
They tell you:
- What you can do,
- What you can’t do, and
- The reasons behind these rules.
For instance, in Bali, foreigners have different property ownership rights than locals.
Your agent will explain how you can still buy property safely and legally. They’ll clarify terms like leasehold and freehold and what these mean for you.
They also know about specific rules in different areas of Bali.
Some regions have different regulations about building houses or using land.
Your agent will inform you if the rules change, which sometimes happens in Bali. They stay updated on all new laws, so you don’t have to worry.
With your agent’s help, all those complex rules become clearer. You’ll feel more confident about buying your Bali property.
#3 They talk to sellers for you
Discussing prices can be challenging, especially when buying something as significant as a house.
In Bali, it can be even more difficult due to language differences and local customs.
How can your agent be valuable?
Your agent communicates with the sellers on your behalf.
They know effective ways to negotiate a good deal. It’s not just about asking for a lower price.
They know how to negotiate respectfully and in line with local customs.
They might discover the seller’s reasons for selling. This information can help you get a better price.
For example, if the seller needs to sell quickly, you can negotiate a lower price.
Sometimes, there’s more to negotiate than just the price.
Your agent might request that the seller fix certain things in the house before you buy it. Or they might ask for some furniture to be included in the sale.
They help ensure you get the best possible deal.
#4 They check if the property papers are okay
When you buy a property, many important documents are involved.
These documents often contain complex language and confusing terms.
However, they’re crucial because they state who owns the property and what you can do with it.
Your real estate agent thoroughly checks all these documents. They ensure everything is correct and legal.
They verify things like
- Whether the person selling the house has the right to sell it,
- If there are any unpaid taxes on the property,
- Whether there are any restrictions on what you can build on the land,
- If the land size in the documents matches the actual land
In Bali, following all the legal steps when buying property is very important.
Missing a step could lead to significant problems in the future.
Your agent helps protect you from future complications by checking all these papers.
When you buy your property, you can be confident that everything is legal and correct.
How a real estate agent can help you after the purchase
But a good real estate agent’s job doesn’t end when you sign the papers.
Let’s look at how they can keep helping you even after you buy your property.
#1 They help with property management
Owning a property in Bali can be tricky, especially if you’re not always there. Your agent can help manage your property when you’re away.
Source: Tertata Jelas Management
They can help you
- Find reliable staff to clean and maintain your property,
- Keep an eye on your place and let you know if any problems come up,
- Handle repairs and improvements, find good workers for the job
- Make sure all your bills get paid on time
With their help, you don’t have to worry about your property when you’re not in Bali.
#2 They assist with renting out your property
Many people buy property in Bali as an investment to rent out. Your agent can be a big help with this, too.
This way, you can earn money from your property without all the stress of managing it yourself.
#3 They provide ongoing legal support
Laws about property in Bali can change. Your agent stays on top of these changes for you.
They can inform you about new rules affecting your property and ensure it always follows them.
#4 They help with future buying or selling
If you decide to buy more property or sell what you have, your agent is ready to help.
They can help you plan your exit strategy or advertise your property if you decide to sell… along with the correct price based on the recent market.
Source: Bali Villa Realty
Common Pitfalls They Can Help You Avoid
Now that we’ve seen how an agent can help let’s talk about some common mistakes they can help you avoid.
Many foreign investors make errors when buying property in Bali.
These mistakes can cost a lot of money and cause big headaches. Let’s look at some of the most common ones.
#1 First, some people try to rush the buying process.
They fall in love with a property and want to buy it right away.
But in Bali, it’s important to take your time. The property might have hidden problems you can’t see at first glance.
A good agent will help you slow down and check everything carefully.
#2 Another big mistake is not understanding the different types of land ownership in Bali.
Some foreigners think they can own land the same way they do back home. But in Bali, there are special rules for foreign owners.
If you don’t know these rules, you might buy a property you’re not allowed to own.
Your agent can explain all this to you and ensure you buy the right property type.
Read more about land zoning on Bali Land Zoning: The Surprising Reason Why Your Investment Could Be Illegal.
#3 Many people also forget to check the property’s papers properly.
They might not realize that the seller has no right to sell or that the property has unpaid taxes.
These issues can cause big problems later. A good agent can check all the paperwork and spot any red flags.
Some investors try to save money by not hiring professionals like lawyers or surveyors. But this can backfire.
You might end up with a property with legal issues or that is poorly built.
Your agent directs you to reliable professionals to ensure everything is done right.
#4 Lastly, many people don’t think about the future when they buy.
They don’t consider how easy it will be to sell the property later or how the area might change.
A good agent can help you think long-term and choose a property that will be a good investment for years.
Avoiding these common mistakes can save you a lot of trouble and money. That’s why having a knowledgeable agent is so important when buying property in Bali.
Still not sure if you need an agent?
Let’s look at how we’ve helped other investors just like you.
Your agent becomes a long-term partner in your Bali property journey.
Having an agent who helps you even after you buy can make owning property in Bali much easier and more enjoyable.
They take care of the hard stuff so you can relax and enjoy your investment.
Remember, buying property in Bali without an agent can be very challenging.
Agents understand how things work here.
This knowledge helps you avoid costly mistakes and makes the entire process much smoother and safer for you.
If you’re looking for a great real estate agent in Bali, our team is here to help.
Click the link below and get a free consultation on how to kickstart your property investment in Bali