Hidden Commissions
The most common form of broker misconduct is undisclosed dual commissions — taking fees from both the buyer and seller without informing either party. In Goa's market, the standard broker commission is 1-2% of the sale value, typically paid by the buyer. However, some brokers also negotiate a commission from the seller, effectively adding to the property's cost. Always ask your broker to disclose any arrangement they have with the other party.
Price Inflation
Some brokers inflate the asking price beyond the seller's expectations to create room for their commission. For example, a seller may be willing to accept ₹50 lakh, but the broker quotes ₹55 lakh to the buyer, pocketing the ₹5 lakh difference on top of their standard commission. Protect yourself by researching comparable transaction prices, getting independent property valuations, and if possible, establishing direct communication with the seller to verify the asking price.
Misrepresentation
Unethical brokers may misrepresent: the property's zoning status (claiming it's in a Settlement zone when it's agricultural), CRZ clearance status, NA conversion status, access road classifications, available FSI/FAR, or upcoming infrastructure projects. Always verify every claim independently through official sources — never take a broker's word on regulatory compliance or zoning status.
Choosing a Good Broker
A legitimate broker will: disclose their commission structure upfront, provide references from past transactions, not pressure you to decide quickly, share accurate and verifiable property information, facilitate (not obstruct) your independent due diligence, and be registered with Goa RERA if dealing in regulated projects. The best brokers build their reputation on transparency and repeat business rather than one-time commissions.
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