Real estate brokerage business in india
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REAL ESTATE BROKERAGE BUSINESS IN INDIA Introduction Real Estate brokerage is the second largest employment generation sector after Agriculture and contributes around 6.3% to Indian GDP and is the best business to earn a good amount of money in a limited span of time. But the main problem in this sector is the inconstancy as there is not any specific monthly income there is month in which you can earn lacs and there is also a month in which you earn 0 and in India Real Estate Brokerage Business lack of technology and education is also playing a great role as there is still a traditional method followed by all the brokers as distributing
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Transcript of Real estate brokerage business in india
REAL ESTATE BROKERAGE BUSINESS IN INDIA
IntroductionReal Estate brokerage is the second largest employment
generation sector after Agriculture and contributes around 6.3% to Indian GDP and is the best business to earn a good
amount of money in a limited span of time. But the main problem in this sector is the inconstancy as
there is not any specific monthly income there is month in which you can earn lacs and there is also a month in which you earn 0 and in India Real Estate Brokerage Business lack of technology and education is also playing a great role as
there is still a traditional method followed by all the brokers as distributing broachers on road side showing there wealth
to the Customer by wearing heavy gold ornaments.
Factors Effecting Real Estate brokerage Business in India
Lack of educated brokers Lack of knowledge about the present market Lack of technology in the business Lack of customer satisfaction These are some of the main points which is
been listed above is effecting the brokerage business up to a great extend and must be removed for the betterment of the business.
Requirement of Technology in Real Estate Brokerage Business
Technology plays an important role in every sector as the present generation is using technology as a master key to unlock any upcoming problem in their life and the biggest problem for an individual is to find their dream home which is been solver with the help of technology .
Let’s take a real time example as a person X is working in Delhi and is transferred to Bangalore and now want a house in Bangalore so at the present time this person search a relevant property in Bangalore by sitting in Delhi just with the help of Google as there are many portals in India like regrob.com which gives you chance to choose among list of actual verified property as per your requirement and interest .
How to improve Real Estate Brokerage business in India
For the betterment of business we should look at the following points listed below.
A person working in this sector must have the 100% knowledge of the present market.
Use of technology should be preferred unless using the traditional method for the business.
A person should know the requirement of the home buyer first and then show the relevant property to the buyer(ie customer satisfaction must be a great concern)
A person in brokerage business must be able to handle the inconsistency of the business.
