There are several types of RE agents here, catering to different budgets. If you're looking in the upper end of the market, there are several big / reputable agents to choose from (eg Jones Lang LaSalle).
For a smaller budget, there's a lot of choice: but you do need to ask the agent to explain how they get paid. I think you'll find most are upfront and honest. One other thing for you to ask the agent is about follow-up service: unlike RE agents in other countries, once you have signed the contract most agents step out of the picture, and you deal directly with the owner. That's the norm here, but some agents will make themselves available to help if problems arise in future.
Be very careful of just using a 'friend' or intermediary to help you find properties - because landlords will often tell them something like "I want $300 per month but you can tell them any price you like and keep the difference." If you're not using an agent, you need to know the person who introduces you to the property very well.
Hum... i agree only to a certain extend.
i'm not sure if i understand correctly. But being a friend or an agent, it's you against them.
Agents are doing the same. Since 99.99% of them are working on commission by getting 1 or 2 months of rent as salary. they always try to boost up the price.
In a way you actually have a better chance with a coworker who is your staff in the company than an agent. He/she will try for sure as you'll be his/her boss in the future.
the down side? that person might not know the market as well as an agent obviously.
One advice, you often get very confident when finding an agent that speaks your language well, as you are overwhelmed by the move and language barrier. But stay on your guard. don't hesitate to ask questions here, you have people like me who's been here for years and can help you.
Golden rules: no deposit! If they want money on the signature of the lease make sure it counts as the first payment. And not a deposit as you will never see that money again. I'm pretty sure you can search this site for previous bad experience.
Also be aware that the standard is 3 months of rent at the time. more than 3 months is at your discretion but i wouldn't. Simply because that means you might not see your landlord until the next time you pay your rent!!
And you'll probably sign 2 leases: 1 for his tax declaration which will be extremely low, and the one reflecting your actually rent. It is very common here, and if you refuse you'll simply loose the house. Forget about complaining to the police: waste of time, trust me.
I hope that will help you. All i can say is: more than 4 years in Hanoi, i've learn the hard way!
cheers
