BUYING AND SELLING PROPERTY IN AN ORGANIZED MANNER
More than 95% real estate leads are generated online in the US and developing countries like India will soon follow suit. So it is very important to have a listing portal that helps agents and brokers to promote their listings. It is very important to be a part of this vibrant and ever-growing business field of real estate brokerage. However, it is even more important to be part of a successful global network. Real estate industry professionals need to work on a business model that has successfully been employed in major countries across the world. To overcome pedregal real estate for sale the inefficiencies of the real estate industry, it is important to have the use of training, technology and be ahead of its time. The RE/MAX policies of cooperative growth and shared office expenditure, ensuring that a person can focus more of his time on earning and doing transactions, is a collaborative way of doing business and making sure that everybody wins.
PROBLEMS IN THE CURRENT REAL ESTATE BROKERAGE SYSTEM
1. Less inventory: The number of sellers one represents in the market
2. Less leads: The number of buyers one represents in the market
3. Budget to advertise: Agents and brokers have little money to spend on advertising.
4. No training on real estate broking : Lack of knowledge of the real estate industry
5. Staff retention: Employees do not stay for long in the system.
6. Staff monitoring: Employees need to be given more time in terms of monitoring.
7. Staff motivation: Motivation levels fluctuate as per the market dynamics.
8. Recognition: A small office cannot recognize the efforts of a good employee.
9. Restricted network : Network of a real estate broker is restricted to his local friends at the most
10. No trust: Customers do not trust the average real estate broker, as agents are normally seen as dishonest.
11. Unorganized market: The property market is unorganized with no entry barriers and no regulatory body.
12. No international presence: Lack of reach to international locations plagues property agents.
13. Builders have to spend a lot of advertisement: Since selling agents are not coordinated, builders are spending a lot of money to promote their projects.
WHY A REAL ESTATE PORTAL IS NOT THE SOLUTION TO YOUR PROPERTY NEEDS
There are many real estate portals competing online in India right now, such as MagicBricks, 99Acres, Makaan and IndiaProperties. These property websites constantly vie for the attention of real estate buyers, sellers and tenants.