Wondering why you need to use a registered real estate company in Kenya when making land investment ? Buying land is one significant investment, and you definitely want to ensure that the process is transparent, smooth and that you get a deal worth your investment. One of the best ways to ensure a successful land purchase is to work with reputable registered real estate companies in Kenya.
This article will tell you more on why you should consider working with the best real estate company in Kenya like Fusion Estates once you decide you want to invest in buying land.
What does a Registered Real Estate Company in Kenya mean?
A registered real estate company in Kenya is one that has been officially recognized and licensed by the Estate Agents Registration Board (EARB) of Kenya. The EARB is the regulatory body for the real estate industry in Kenya and ensures that companies operating in this sector adhere to professional standards and ethical practices.
Here’s what it means for a real estate company to be registered with the EARB:
- Legally Recognized: Registration signifies the company operates legally and is authorized to conduct real estate business in Kenya.
- Professional Conduct: Following EARB regulations ensures the company adheres to professional ethics and best practices in the industry.
- Credibility and Trust: Registration enhances the company’s credibility and fosters trust with potential clients.
- Access to Resources: Registered companies may have access to resources and information provided by the EARB.
Therefore, when considering buying land in Kenya, it’s advisable to work with a registered real estate company. This helps ensure a smoother and more secure transaction while minimizing the risk of encountering unprofessional practices.
Benefits of Buying Land Using a Registered Real Estate Company in Kenya
Here are the benefits you get when you buy land using a registered real estate company in Kenya like Fusion Estates
1. Professional Expertise on Kenya’s Real Estate Market
For starters, registered real estate companies will have a team of professionals with expertise in handling land transactions in Kenya. These include the best registered real estate agents in Kenya, lawyers and other professionals who have extensive knowledge on everything to do with land transactions.
They can help you navigate what is often a complex land purchase process including conducting thorough due diligence to uncover any issues with the land or the seller.
A top real estate company like Fusion Estates will also handle all the necessary paperwork and coordinate with all the other parties involved in the transaction to ensure that everything is done correctly and on time.
In other words their expertise will save you a lot in time and money. You will likely avoid making costly land buying mistakes that might come back to haunt you later.
2. Legal Protection
When you buy land through a registered real estate company in Kenya, you’ll also benefit from protection of the law. For example, a top real estate company will have a team of real estate agents registered by the Estate Agents Registration Board (EARB).
The EARB sets professional standards for agents, which means they should act ethically and competently. This reduces the risk of encountering negligence or fraudulent behaviour.
Further by virtue of the fact the company will be registered as a legal entity that means should one have an issue they can comfortably seek legal redress from court by suing the company.
This means that you can trust that the company will handle your transaction professionally and ethically, protecting your interests throughout the process.
3. Access to a Wide Range of Legit Land Available for Sale
Generally speaking, working with top registered real estate companies in Kenya will give you a better chance of finding a piece of land that meets your specific needs and budget.
Yes, a reputable company like Fusion Estates will help you find a legit land in Kikuyu and the Nairobi Metropolitan area that meets your specific criteria and budget in the market.
This will save you time and effort, making the property search process far much easier!
4. Assistance with Due Diligence To Avoid Land Scams & Legal Issues
Before purchasing land, it’s wise to conduct thorough due diligence to ensure that the property is legit in the first place and free of any disputes and other issues that might crop up later. Due diligence also applies to the seller. This is where working with top registered real estate companies in Kenya will come in handy.
First and foremost, they will give you all the relevant land documents such as copy of title deed, copies of registration of the company for the buyer to carry out their own due diligence should they wish to. For those who are not able to conduct their own due diligence, they will assist you with the process of verifying property ownership, stamp duty rates in Kenya, checking for any outstanding, ensuring compliance with zoning and land use regulations and more.
You’ll thus mitigate the common risks in the land buying process including avoiding common land fraud and scams.
5. Negotiated Favourable Land Prices
Last but not least, a good registered real estate company will have real estate agents who have already negotiated the purchase price of the property. Their expertise in market trends, property valuation, and negotiation strategies will help you secure favourable deals for the land you wish to buy.
You are thus bound to get value for your money.
Wrapping up
In conclusion, buying land through registered real estate companies in Kenya like Fusion Estates will help you reap returns on your land purchase investment. You’ll have the confidence and peace of mind knowing that you’re dealing with a trusted partner with a track record of success in Kenya and the East African Marker
Just contact us at +254 723 97 97 97 or email us at sales@fusiongroupafrica.com to start your real estate investments journey today!
