| The new trend lures more sophisticated brokerage in real estate India. A small real estate agency can close more transactions by offering best services in investment consultancy, insurance, India real estate settlement and escrow services. One may be specializing in commercial real estate, or residential. Look around your city or locality, they can execute highly sophisticated transactions operating outside the bureaucratic constraints of a large company. Big competitors really cannot move at their speed!
Listening is the key to doing business, and finding common ground is incredibly important. India Real estate business is drowned in paper work, and you have to make a commitment as a firm, much like real estate brokerage and the simple answer is "We don't know" - only because we don't know if they can work as hard as the successful ones do.
An individuals reputation can be a critical factor in getting deals regularly. Remember, most owners and buyers like to work with experienced and trust-worthy agents to enhance their chances of successfully negotiating a home purchase or sale. Unfortunately, there are some real estate agents in India, whose wrongful activities make the entire community suffer.
This is what a renowned property owner has commented about India real estate agents - "I will never use a real estate agent to sell or buy property. I have in every case been either ripped off or not told the full truth about a property that I was interested in. And as far as I'm concerned, if their lips are moving, they're lying."
In the other version, another angry home buyer has this to say - "In my opinion the property agents are a bunch of crooks, they manipulate the price of the houses to keep themselves in jobs and drive expensive cars. They are the people who sell houses to foreigners or Non Resident Indians (NRI) and jack up the prices. They keep encouraging people to sell and resell their houses to raise the house prices."
Getting a reputation of high integrity and ethical conduct will serve agencies well. Exhibiting any practices that are not highly ethical will most likely cause owners, builders, other dealers or brokers to hesitate or refuse to do business with you. It's impossible to serve the client properly if the broker on the other side of the transaction is suspicious of you.
A reputation for integrity and ethical business conduct will be quite important in agency business anywhere in the world. Thanks to the digital revolution, you can be exposed even before you act, and you really cannot hide! In a market with thousands of property agents and brokers, there may be only a few dozen successful agencies and/or brokerages. Finally, if you works hard, plays hard and thinks fast - success in somewhere near you. Successful people are tenacious, dependable, inspiring, helpful and highly driven. |