Monday, 7 October 2013
Wednesday, 18 September 2013
4th Anniversary Celebration for RE/MAX MGM on 27th September 2013
RE/MAX MGM is celebrating its 4th Anniversary on the 27th of September and the occasion will be graced by the Chairman of RE/MAX India. In addition to the anniversary celebrations, the 27th will also witness the official kick start of the national partnership between RE/MAX India & Godrej Properties Ltd!!!
Tuesday, 17 September 2013
Tuesday, 23 July 2013
RE/MAX Realty Review - June 2013
Dear RE/MAX
Affiliates
Greetings from
RE/MAX India!!
It is with immense
pleasure that we share with you the June edition of the RE/MAX Realty Review.
Lot’s has happened
in the RE/MAX India network in the month of June, the newsletter captures the
following:
Ø
From
the Chairman’s Desk
Ø
From
the Vice Chairman’s Desk
Ø
Events
to look forward to
Ø
News
from RE/MAX India
Ø
5th
Annual Convention of NAR India
Ø
What’s
new in marketing at RE/MAX India
Ø
News
From our Regions
Ø
News
From RE/MAX, LLC
Ø
Heroes
of RE/MAX India
Ø
Look
Who Is Under The RE/MAX Spotlight
Ø
New
Broker Offices & Broker Associates
In order
to view the RE/MAX Realty Review for the month of June, please click on
WEB:
MOBILE:
Happy
Reading!!
Wednesday, 17 July 2013
Wednesday, 5 June 2013
Thursday, 16 May 2013
Why StockBrokers are aspiring to become Realtors
In the previous article we compared the product for which we provide services. In this article we will be comparing the role of a stockbroker v/s the role of a real estate broker.
| Stock Broking | Real Estate Broking |
| No local knowledge necessary | Local knowledge very much important |
| Exchange is your network | You require the network to be built |
| Low commission per transaction | High commission per deal |
As a stockbroker one needs to be aware of national and global trends, one has a standard place which functions a common network for all brokers but on the other hand commissions per deal are very low. Thus though the broker enjoys the benefits of an organised network his per deal earnings are very low.
As a real estate broker your local knowledge plays a very important role as it differentiates you from other brokers, you build your own network and there is no limit to the network you can build as you can tap into networks across the world. The most crucial thing for a stockbroker is the earning per deal. His commissions are monetarily higher per deal.
Both are brokers and both have their own points of differentiation. What can be a boon in your area may also turn out to be a bane as it might limit you. It is a decision that you make whether you want to work for an organized sector which gives negligible return per deal or you want to work for a growing sector where the returns per deal are soaring.
Thursday, 2 May 2013
RE/MAX India Affiliates at the 4th RE/MAX Realty Rendezvous in Goa
RE/MAX India takes pride in informing that the 4th RE/MAX Realty Rendezvous, 2013 was organized successfully in GOA! Three days of pure excitement during the Event was summed up in a glittering awards night ceremony in Majorda Beach Resort, Goa. Many high-profile Real Estate professionals graced the occasion and the event was well received by the industry and public alike. The gathering of RE/MAX Regional Owners, Brokers Owners, Broker Associates, International Consultants & Professionals made the city, GOA, more beautiful.
Saturday, 30 March 2013
Last 2 days to register for biggest Real Estate Event in GOA on 26th, 27th and 28th April, 2013
Hurry Up and get yourself registered for the 4th RE/MAX Realty Rendezvous in GOA on 26th, 27th and 28th April. Last 2 days to register. Call manpreet on 9654965003
Thursday, 28 March 2013
Hurry Up ! Register for the 4th RE/MAX Realty Rendezvous @ GOA on 26th, 27th, and 28th April 2013
Tuesday, 19 March 2013
Why Stockbrokers are aspiring to become Realtors - 2
In continuation with our previous post let us look at a comparison of equity and real estate as an asset class so that we can evaluate the products for which we offer services.
| Equity | Real Estate |
| Highly volatile | Stable |
| Liquid | Not easily liquid able |
| Coupled with foreign markets | Relatively decoupled. |
| Market prices determined by handful of FIs | Market prices determined by local economies and domestic conditions |
As an investment equity is highly volatile with daily fluctuations in price whereas Real Estate has a stable value which typically appreciates. It is not that sensitive to external forces.
Equity provides a liquid investment whereas real estate also is more difficult to liquidate on demand.
Equity is coupled with foreign markets and its movements are highly affected by the global scenario, and as we have currently seen it is also dependent to a large extent on foreign investors whereas real estate prices are relatively decoupled and governed more by domestic and local conditions, which was also seen in times of a global slowdown.
On comparing the merits and demerits of both the classes we realize that for a solid investment real estate is the more preferred option whereas for speculative and quick cash purpose equity is preferred. In the domestic scenario where people are risk averse real estate is becoming a more preferred option.
Thursday, 14 March 2013
Stock Brokers aspiring to become Realtors
With the current volatility in the economy on a global and domestic level we have seen the stock markets get hit. Stockbrokers have now started to look for alternatives to income generation. We shall have a series of articles on why stockbrokers are aspiring to become realtors or will aspire to.
The broker markets have seen a fall in average daily volumes to a nine month low in the wake of new tax rules for overseas investors. Prior to this the euro zone crisis had created havoc in the markets.
In an already difficult market another problem stockbroker’s face is today there is no differentiation between brokers and no unique value addition as organised broking has created a level field. Internet broking has further eaten into the independent broker’s market share.
On the other hand the real estate sector is still booming with potential. There is still scope for value addition unique to a broker. The competition by major organised players is barely a dent in the market. A stockbroker has already a network of clients who trust him which he can leverage. On comparing a person’s wealth invested in stocks and that invested in real estate we can see where the real bounty lies.
Stockbroking has reached a maturation point whereas real estate brokerage is entering the growth stage in terms of developing as an industry.
* Type REMAX and send it to 53456 to join the India’s Largest Real Estate Brokerage Network.
Sunday, 10 March 2013
4th RE/MAX Realty Rendezvous @GOA, Larry Oberly as the Keynote Speaker
Larry Oberly is gracing the 4th RE/MAX Realty Rendezvous in GOA as the Keynote Speaker, we hope you have registered!!
Saturday, 9 March 2013
RE/MAX Year to Date Franchise Sales
RE/MAX India congratulates Anmol Agarwal from RE/MAX Delhi NCR for topping the International Charts in Year to Date Franchise Sales...Keep up the great work Anmol, you have made us super proud:)
Thursday, 7 March 2013
Tuesday, 5 March 2013
Saturday, 2 March 2013
Real Estate Luxury Show - 2013, Mumbai
The Uber Luxury Living – Real Estate Luxury Show @ Four Seasons, Mumbai on 9th and 10th March 2013. RE/MAX is a knowledge partner for the show.
Wednesday, 27 February 2013
Friday, 22 February 2013
Tools for a Broker Agent - Response and Effective Communication
The biggest problem buyers have is communication; as agents take days to respond and do it on their own terms. Deals are broken and customers are lost because of this. It is necessary to understand the preferred form of communication of the customer and use that. Putting the customer in his comfort zone ensures he trusts you and gives complete information. At times the customer may operate in a manner which does not suit your style of working then it is advised that you promptly and tactfully tell them about the methods of contacting and availability.
One of the ways is: “I wish to give you the best of my services. If we communicate through E-mails/SMS/Calls (choose whichever suits you best) I will be able to reply promptly to your queries. I am the most available during x-y hours.”
This shows initiative on your part and also gives the client an idea as to the best time to contact you. It is important to respond within hours if not minutes. If you are not going to be able to furnish the requirement immediately inform the client if and by when can you give the details rather than not respond at all. Timely and quick responses bring trust and also increase the chances of closing the deal. It could also be the differentiation which gets you more referrals.
* Type REMAX and send it to 53456 to join the India’s Largest Real Estate Brokerage Network.
Tuesday, 12 February 2013
What does a Buyer want from his Agent ?
Understanding what your buyer wants is the most important thing. A customer hires an agent for his services. Your job is to deliver that and not close a deal anyhow. So let us understand what a buyer wants from his agent which would make him willing to pay a hefty commission.
1. Responsive and effective communicator
2. In-sync with market trends and local knowledge
3. Tuned into client’s needs and timelines
4. Detail oriented and organized
These are the top four requirements. Stay tuned for details on these 4.
* Type REMAX and send it to 53456 to join the India’s Largest Real Estate Brokerage Network.
Friday, 8 February 2013
Real Estate: A Technology Trauma
Yes you read it right! Technology is the all-pervading presence in our lives including our very own real estate. The nearest our industry has come to technology is: flashing smart-phones and no it’s not because you use the smart-phone as a smart-phone. It is but a status symbol. I guess I am being too harsh. For the slightly more tech-savvy listing on a few “popular” portals and subscribing to a hundred different groups is what they do!
Yes my friend you did use
technology-EUREKA! The real question is what did you GAIN out of it? The answer
probably left you with what I call “Technology Trauma.” It affects those
who don’t understand this mammoth thus don’t use it or use it but don’t get the
gains.
There is a lot to technology but here we
will cover a few common ones. We shall have more posts taking in each aspect in
detail. The problems:
• Property
websites: Lack of MLS
system makes it difficult to check if the property is genuine. www.remax.in follows the MLS system which most
of the other portals did not do.
•
Google
Broker Groups: Number of
Broker Groups available without a proper filter system. At Remax India, there
is a huge network of Brokers and that too in your city. It covers almost all of
the major cities in India.
• Popularity
on Search engines:
Huge number of property websites with few genuine hits on each. Again you have
an advantage with www.remax.in which could be
easily searched through various search engines like Google and Bing.
So how do we solve this problem?
Property websites: Identify key websites
which work for you and bring in genuine inquiries, www.remax.in
is an ideal. Look at the latest updates and follow selected members of the
site.
Google broker groups: Analyze whether
the group will serve any purpose. What do you wish to gain from the group. On
joining a group for the next few days monitor the activity on the group and
decide whether to actively follow it. Broker groups available on Remax India
site without a lot of search.
Save time and don’t list on every
website you come across. Spend that time actually following quality. “White
noise” is a problem of too much information and we need to identify the right
sources to give and take information.
Keep a lookout for our post on using technology to plug
lead leaks!
Tuesday, 5 February 2013
The Reality of Realty
Whenever we say the word real estate the
thing that pops into mind is flashing dollar signs. It is considered the
shortcut to quick bucks. But ever wondered what really this industry is
about and why it is the second largest employer after agriculture in India. It
is the most coveted dream- to own their own house- most coveted
investment-returns cannot be matched and it gives you steady income (read
rent)- what fixed deposit, mutual fund, metal can hope to do this? Most
importantly it is because on an average 60 % of a person’s income is locked in
real estate. We also have the issue of our weaknesses also being our biggest
strengths. It is the only segment of an investor’s wealth which is yet
unregulated and has no entry barrier unlike stock brokerage and insurance.
Market penetration is as yet low on an organised level. Translated this means
potential and first
mover advantage. We see a host of international property consultants and
corporate houses entering the market. Though it is attracting a lot of
attention these very problems shatter the quick buck dream. No proper
information, uneducated and uniformed brokers are the biggest problem. Add to
your woes is a highly informed customer who is soon considering to become a
DIY-(do it yourself) customer. It is easy to have 200 leads but it is very
difficult to match these leads, go through the documentation and close the
sale. But it is even more difficult to collect your commission. Having put
forth a general view I will still say it is the best time to be in real estate.
You have virtually no competition if you decide to be professional, competent
and “deliver”. Remax is the World’s largest brokerage network and doing this
work in an organized manner. Visit Remax India website for details on how to
join organized real Estate network in your city.
* Type REMAX and send it to 53456 to join the India's Largest Real Estate Brokerage Network.
* Type REMAX and send it to 53456 to join the India's Largest Real Estate Brokerage Network.
Thursday, 31 January 2013
Tuesday, 29 January 2013
Sunday, 27 January 2013
Wednesday, 23 January 2013
Monday, 21 January 2013
Congratulations RE/MAX India on completing 4 Successful years..
Congratulations RE/MAX India on completing 4 Successful years. Thanks to all our Affiliates for their support.
Thursday, 17 January 2013
GOLDEN OPPORTUNITY TO ATTEND THE 4TH RE/MAX REALTY RENDEZVOUS !!
GOLDEN OPPORTUNITY TO GET YOUR SPOUSE/GUEST ALONG FOR THE 4TH RE/MAX REALTY RENDEZVOUS!! GO AHEAD AND REGISTER NOW!!
Monday, 14 January 2013
What drives a real estate brokerage business?
Inventory: The lifeline of a real estate brokerage business is the inventory that an agent has to offer to the real estate customer. When a person walks into a real estate property and he finds good number of options of matching properties, he goes back satisfied and happy.
Personal Time: Without giving personal time into the business, it is impossible to expect the real estate business to grow. The fact remains that the real estate is still bought because of relationship building process that an agent carries out with his customers. Without giving it full time, it is impossible to succeed in the real estate brokerage business.
Trust: Building trust is very important to get more clients. It is very important that real estate consultants take their business in a way that they are looking to do it for multiple transactions in the year and not just for 1 or 2 transactions in the year.
Technology: The thrust on the use of technology to increase the buyers considering your property has never been so big. People use technology to manage their operations, scale it up and then also look at it to list properties and market them in various platforms and channels. Technology has played an important role in the Real Estate Brokerage Business whether it be a Smartphone/Tablet for viewing property listings, an Application Platform to list the properties or the automated mail alerts for buyers/sellers.
Expectations from a Real Estate Agent
Buyer expects the following things from a Real Estate Agent.
1. Choice: When a buyer goes into a real estate broker’s office – the single biggest thing that he expects is more inventory. He wants a choice of homes from which he can select which one is best suited to his needs, wants, concerns and requirements.
2. Agent’s Time: A buyer expects the agent to give more of his time to him since for him it is the single biggest transaction of his life. He expects the real estate agent to leave all work and focus on the transaction on hand.
3. Right Guidance: As a buyer, a person expects the Real Estate Agent to know far more about property & transaction than he himself and so he expects the right guidance to come from the buyer.
4. Saving of his time: The profile of today’s real estate buyer is changing. His decision making is fast and he expects things to move faster as he has become impatient. Looking into this, he expects the agent to do all the possible homework for him enabling him to do the transaction faster.
Thursday, 10 January 2013
Outstanding Entrepreneur of the Year 2012
Sam Chopra Wins the "Outstanding Entrepreneur of the Year 2012" - Asia Pacific Entrepreneurship Association (Enterprise Asia)
Best Real Estate Consultancy Company - 2012
RE/MAX India winner of "Best Real Estate Consultancy Company" Award for the year 2012 by Brands Academy at the NDTV Profit ASEAN-SAARC Real Estate Awards
Wednesday, 9 January 2013
4th RE/MAX Realty Rendezvous in GOA !!
For More Details, Please contact sjhawar@remax.in or call at 9873609155
RE/MAX is India's Largest Real Estate Brokerage Network
BROKER ASSOCIATE:
• The backbone of the system and the face of RE/MAX in the market
• He/she takes home the maximum major share of the profits and pays a nominal desk fee
BROKER OWNER:
• Owns a Broker Office and incurs minimal operational cost
• Recruits & Retains Broker Associates who form the sales team of the office
• Charges desk fee from associates and also earns a substantial part of the commission
• Earns profit on volumes: more the number of associates, more the profits
• Owns a Broker Office and incurs minimal operational cost
• Recruits & Retains Broker Associates who form the sales team of the office
• Charges desk fee from associates and also earns a substantial part of the commission
• Earns profit on volumes: more the number of associates, more the profits
MASTER REGIONAL FRANCHISE:
• RE/MAX has 37 regions in India
• 22 are operational while 15 open for sale
• A Regional Franchise owner also earns profits on volumes: more the number of Broker Offices and Broker Associates in his/her region, more the profits
LOOKING TO BUY/SELL A PROPERTY? BECOME A CUSTOMER
If you are looking for a property in India, check it from Thousands of property listings on our website www.remax.in If you have a property to sell, you can get advised by our experienced brokers in your city. All you need to do is to search for a RE/MAX Agent near your locality from our website and contact him directly for your Real Estate needs.
• RE/MAX has 37 regions in India
• 22 are operational while 15 open for sale
• A Regional Franchise owner also earns profits on volumes: more the number of Broker Offices and Broker Associates in his/her region, more the profits
LOOKING TO BUY/SELL A PROPERTY? BECOME A CUSTOMER
If you are looking for a property in India, check it from Thousands of property listings on our website www.remax.in If you have a property to sell, you can get advised by our experienced brokers in your city. All you need to do is to search for a RE/MAX Agent near your locality from our website and contact him directly for your Real Estate needs.
Business with a difference. The unique RE/MAX organization structure is designed to make maximum profits reach those who deserve it the most. It is an inverted pyramid, in terms of money share, as opposed to a conventional pyramid of any business organization which essentially means that in a regular company 90% of the profits stay with the top brass whereas at RE/MAX it is exactly the opposite. Here, maximum income is retained at the Franchise-Broker level; only the balance 10% is passed on upwards in the hierarchy. It is the Broker Office and the agents working in it who will take home maximum commissions and profits.
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