East Bengaluru buyer answers
Is a buyer-side real estate consultancy better than a developer-paid one?
Direct answer: A buyer-side real estate consultancy firm, one that you pay, has fewer conflicts on which project you choose. A developer-paid one costs you nothing directly but is pulled towards projects that pay it. Neither is better for everyone. If you want no seller money involved and are happy to pay, buyer-side makes sense.
Disclosure: acre&key’s advice is free to buyers; we are an authorised sales partner for some projects and may be paid by the developer.
As the disclosure above says, that puts us in the developer-paid group, so we've tried hard to write this fairly.
What are the honest trade-offs?
Cost. Buyer-side: you pay a fee. Developer-paid: you usually pay nothing extra.
Choice. Buyer-side: in theory, any project. Developer-paid: often weighted towards partner projects, though many will show you others if you ask.
Bias. Buyer-side: less pull on which project, though a fee tied to a successful purchase still creates a pull towards buying something. Developer-paid: a direct pull towards partner projects.
Access. Developer-paid consultants often know partner projects in detail and can sometimes get concessions. Buyer-side advisers may have less inside access but more freedom to criticise.
Availability. Developer-paid consultants are everywhere in Bangalore. Genuinely fee-only buyer-side advisers are harder to find.
Why buyer-side isn't automatically clean
People assume that if you pay, the adviser is fully on your side. Mostly true, but check:
- Is the fee fixed, or a percentage of the price? A percentage rewards a higher price.
- Is it paid only if you buy? That rewards closing a deal.
- Do they also take developer money? Some do both. Ask.
See fee-only vs commission advisers.
Why developer-paid isn't automatically bad
Developer pay is how most of the new-project market works here. A good developer-paid consultant will:
- tell you which projects pay them;
- show you non-partner options when they fit;
- point out weaknesses;
- want your lawyer involved.
If yours does all four, the conflict is managed. If not, be careful.
One simple test: ask the consultant to compare a partner project with a non-partner project in the same budget, line by line, on carpet area, price per square foot of carpet area, possession date, approvals and builder track record. If the comparison is balanced and they're willing to say the other project wins on some points, that's a good sign. If every line favours the partner project, ask yourself why.
Which real estate consultancy firm model suits you?
You might prefer buyer-side if:
- you're spending a lot and want an adviser with no stake in the choice;
- you're looking at resale or unusual properties;
- you don't want to do your own checking.
You might prefer developer-paid if:
- you're buying a new flat in a RERA-registered project;
- you'll verify documents yourself or with your lawyer;
- you'd rather not pay an advisory fee.
Rules that apply either way
Whoever pays them, anyone facilitating a sale in a registered project needs Karnataka RERA agent registration under section 9 of the RERA Act, and section 10 bars false or misleading statements. Check the registration on rera.karnataka.gov.in.
What does a buyer’s agent do?
- Represents only you in the deal.
- Searches widely, including properties not on the market.
- Assesses value and risk without a stake in which property you pick.
- Negotiates hard on price and terms, because that's the whole job.
- Coordinates lawyers, inspectors and the purchase process.
You'd usually pay them a fee, either fixed or a percentage.
What makes a firm genuinely buyer-side?
Three tests:
- Who pays. Only you. No developer fees, no seller commission, no bank referral fee, or if there are any, they're disclosed and passed back to you.
- What they show. Any project or property that fits your brief, regardless of builder.
- What they're rewarded for. Ideally a fixed fee, not a percentage of the price, and not only paid if you buy.
A firm that meets all three has very little pull in any direction except your interest.
Why are there so few in India?
The new-project market here is built around developers paying sales partners. Buyers are used to free help and are often reluctant to pay for advice. So most real estate advisory firms serving homebuyers follow the developer-paid model, and the pure buyer-side model is less common. We couldn't find reliable figures on how many buyer-side-only firms operate in Bangalore.
How do you check a “buyer-side” claim?
Ask for these in writing:
- "We receive no payment from any developer, seller or bank in connection with your purchase."
- The fee, how it's calculated, and when it's due.
- Whether any part is refundable if you don't buy.
- What they'll do and won't do.
Then test it. Ask them about a project where you know a particular builder pays partners. A genuine buyer-side firm will treat it like any other.
How does a consultant differ from a channel partner?
| Channel partner role | Consultancy role | |
|---|---|---|
| Who they're working for | The builder, on that project | You, across options |
| How they're paid | By the builder, per sale | By the builder, by you, or both |
| What they show you | That builder's projects | Several builders' projects |
| What they'll tell you | The project's strengths | Strengths and weaknesses |
| What you should ask | "Are you paid on this one?" | "What are you not showing me?" |
Same firm, different hats. Most of the time, one firm wears both.
How do you tell which hat a firm is wearing?
- Ask directly. "Are you an authorised partner for this project? Are you paid if I book here?"
- Look at the range. If all the projects come from one or two builders, ask why.
- Ask for a weakness. A consultant in advisory mode can tell you what's wrong with a project. One in sales mode tends to change the subject.
- Check the RERA project page. Section 4(2)(j) of the Act requires the promoter to give the names of the agents for the project when applying for registration. That information may appear on the project's registration details on the portal.
How do you get the same protection without one?
You can get much of the protection by:
- Asking for disclosure. Which projects pay the adviser?
- Asking for alternatives. At least one option they're not paid on.
- Doing your own checks. RERA page, approvals, khata.
- Hiring your own lawyer. The one professional who works only for you on title.
- Getting the builder's direct price. So you know what the adviser's deal is worth.
What to do next
- Decide how much keeping seller money out matters to you and what you'd pay for it.
- Ask every firm how it's paid, in writing.
- For developer-paid firms, ask which projects pay them.
- For buyer-side advisers, ask whether the fee is fixed and whether they take any developer money.
- Use your own lawyer either way.
- Read whether a consultant should disclose developer payments before you trust any shortlist.
- See how the roles differ in consultant vs broker vs advisory firm.
Frequently asked questions
Is buyer-side advice worth paying for on a new flat?
It can be, for a large purchase or if you're short on time. For a straightforward new flat, careful checking yourself with a good lawyer may be enough.
Can a developer-paid consultant negotiate for me?
They can try. Ask what they actually asked for.
What should a buyer-side agreement include?
Fee, scope, whether it's refundable, and a statement that they take no developer payments.
Does it matter for resale?
On resale, brokers are often paid by one or both parties anyway. Ask who pays them on your deal.
Do buyer's agents need RERA registration?
If they're acting in a sale in a registered project and get paid for it, they likely fall under the Act's definition of a real estate agent and need registration under section 9.
Do I pay more if I buy through a channel partner?
Usually not. You typically pay the builder's price. Compare with the builder's direct quote to be sure.
References
- Real Estate (Regulation and Development) Act, 2016, official text hosted by Karnataka RERA. https://rera.karnataka.gov.in/resources/staticpage/Real_Estate_Act.pdf, accessed 15 Oct 2026.
- Real Estate (Regulation and Development) Act, 2016, full text PDF (PRS Legislative Research). https://prsindia.org/files/bills_acts/acts_parliament/2016/the-real-estate-%28regulation-and-development%29-act,-2016.pdf, accessed 15 Oct 2026.
- Karnataka Real Estate Regulatory Authority, official portal (project status, agent status, complaints). https://rera.karnataka.gov.in, accessed 14 Oct 2026.