Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business,...

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Reflections of GreatnRE/MAX India

www.remax-mgm.com

India’s most visited Real Estate andFranchise business website

www.remax-mgm.com

Grow your brokingbusiness

Manaan Choksi

Regional Director

RE/MAX Mumbai Gujarat Maharashtra

Why real estate broking?

60% of a person’s Net worth is in Real Estate.

Number of brokers in Ahmedabad: Approx. 10,000 active.

Number of deals : 10,000-12,000 registrations a month.

Estimate of primary deals being done by brokers: 50%-60% (increasing as number of deals reduce)

Investors from all India have invested in Gujarat.

With Tata Nano, Ford, Peugeot setting up plants in Gujarat,real estate is going to be in demand.

Migration of people to cities is set to grow: 70% of India still

stays in villages.

Gujarat’s GDP has been growing faster than that of the restof India for more than 3 years.

3 of the top 100 growing cities in world are in Gujarat.

What is a real estate broking

business?Broker is a party that arranges transactionsbetween a buyer and a seller, and gets acommission when the deal is executed.

What does a buyer want?

Inventory

Agent time

Guidance

Saving of his time

Quick closure

What does a seller want?

More genuine buyers

Get best price for his property

Liquidate at the earliest

Agent’s time

Guidance of valuation

Relevant buyers consider his property

Why a broker cannot satisfy?

Getting and retaining best employees

Training

Advertisement Budget

No Surety of Income

Limited budget for Running costs

Network

Problems faced by Builders / Developers

• Huge budget on marketing.

• Lack of professional brokers for the sales of their

schemes.

• Lack of service after sale.

• Lack of man power to sell the properties.

• Restricted network

• No trust

• Unorganized Market

• International

Get access to HNI/NRI clients?

Get relevant training and provide good service.Get properties which they would prefer:

100% white for NRI

Give a good ROI for HNIProvide a experience to client to gain trust

Use technology extensively

Technology: How important?

Example of A listing

Property with an excellent view over looking a river, seaand a hill.

Very upmarket locality.

3 bed room full furnished ood wood work.

Technology: How important?

Buyers require more information e.g.: floor plan, elevationphotos, views, amenities etc.

Cost of petrol increases so buyers prefer to see propertiesover internet and short list rather than visit each and everyoption

Buyers don’t have time

Buyers can be outside city or even country.

Buyers want to share information with others

What are the new trends in this

business?• Role of Media

• Resale properties

• Dependence on agents as plethora of options emerge

• Technology

• Foreign investments : both ways

• White money

• Real Estate broking will follow the foot steps of organized stockbroking

Which business is more profitable?

A well trained agent

Untrained assistants / employees

Which business survives longer?

With lower fixed cost

When fixed running cost is high

Is in Business since long

Just opened

Running based on a proven conceptglobally

A office started without any proven concept

A system driven model

A person driven model

Verious Real estate company

enter in to indian Real estatebroking Business

- Real Estate Maximums

RE /MAX is the most successful network

in the historyof the real estate industry

World’s Top Real Estate Company

Click to edit Master text styles Second level Third level Fourth level Fifth level

RE/MAX did housesales of more than

$500 bn.

If RE/MAX was acompany, we would

be bigger than

WALMART

B d N R i i

Brand Name Recognition

RE/MAX is #1 The most recognized logo in real estate

Th ICON i h INDUSTRY

The ICON in the INDUSTRY

B t i th I d t

Best in the Industry

Only realestate

company to

feature in thebook “50

CompaniesThat Changedthe World” by

Howard

World’s largest Real Estate brokerage franchising network…!

RE/MAX India

Ability to do business inmore than 88 countries

OPERATING IN 105 REGIONS IN 88 COUNTRIES

Network...

7000+ Offices

100,000+ Agents

200,000+Transactions

88 Countries

Network…

23Regions

Offices

Agents5+Transactions Per Day

RE/MAX India

Education & Training

Real Estate Business Training

More than 25,000 hours of training inIndia done

Conferences & Conventions

Click to edit Master text styles Second level Third level Fourth level Fifth level

www remax mgm com

www.remax-mgm.com

India’s most visited real estate andfranchise business website

www.remax-mgm.com

Tools To Grow Your Business

Broker Owners Of Gujarat

to edit Master text styles

cond levelird levelourth levelFifth level

Broker Associates Of Gujarat

edit Master text styles

d levellevelth levelth level

Achievements

RE/MAX Bangalore Franchise doeslandmark transaction

Achievements

Lodha World One

Achievements

Godrej township

Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business,...

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