Friday 1 June 2018

How lucrative it is to become a real estate agent in India

“The land is the only thing in the world worth working for, worth fighting for, worth dying for because it’s the only thing that lasts” ― Margaret Mitchell

This quote from the book ‘Gone with the Wind’ still holds true for the contemporary world, and based on this raw truth, we can safely conclude that real estate would continue to exist for as long as we can think of. It could witness ups and downs, but that would further make the sector grow stronger. Infrastructure and real estate are the main pillars of a country and are reflective of its power and growth. Like every growing sector, real estate has its own set of issues but if one can figure out the formula to survive then it could be miraculously rewarding.

The developed countries treat real estate jobs as a highly dignified and distinguished sector, while in India, we are still struggling to bring transparency and sophistication in this sector. As we see, myriad multinationals willing to invest in Indian real estate, there is an increased need for highly skillful people in the sector. In India, the real state sector is unformatted and scattered without any defined hierarchy or protocol. The agents work in a callous fashion, which at times lead to fraud and thug.

Read More Real Estate News Delhi On RealtyMyths.

But with the blooming e-commerce industry, the dealings in the real estate are becoming streamlined. With portal like 99acres.com and indiahousing.com, we observe increasing transparency and trust. Thus, working as a real estate agent is becoming a lucrative career option day by day. With the government introducing new laws every now and then, it is slowly structuring itself.

Here are a few things one must know in order to become a real estate agent

The process of construction and the technical aspects of it.
The changing prices in different areas.
Various incentives that can be used to attract buyers.
The contact list must include various buyers, sellers, and builders.
The reputation of the different builders in the market.
Thoroughly study the offers that the competitors are offering.
Following are the thinking areas where one should concentrate before finalising on becoming an agent:

Level of dedication and passion to work 24/7
Ability to pursue people
Salesman skills – follow up and coordination
Here, one can decide to work independently and formulate a new setup or could contact big real estate companies for jobs. Both ways, there is learning and there are pros and cons.

Tips for Building a Successful Real Estate Career

Be tech savvy and keep yourself updated with the current affairs related to the sector. Be confident about your facts when you make a claim in front of the buyer.
Dress up smartly and be presentable, act professional.
Qualities can be developed and knowledge can be acquired but the first thing to have is an interest in the sector. In case there lies an interest, India would provide ample opportunities to grow.

Read More Latest Real Estate News In Delhi On RealtyMyths.

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