Archive for November, 2009

The idea of a seller and buyer has to be very clear before understanding about market and property. The seller is usually a person who is relocating, wants to sell for better rate or is in need of money. He may also require the sale price to look into better prospects or larger apartments which would be his motive. A seller looks into selling the house in the resale variety and is well aware of the market price which is fluctuating as per his area. He usually looks for a broker in the vicinity or someone is reputed and will facilitate this selling process.

A buyer is usually aware of his expectations and chalks out a budget when looking for a property. He would like to inspect the house, look for probability and realistic expectations and also negotiate for a better price. The buyer has a lot of queries which an able agent is able to understand and seek information. Hence communication is very important during the inspection time.

The concept of sale is usually very detailed and systematic. The buyer places his demands before the broker and in case of availability the broker contacts both the parties. After initial inspection and a few queries the parties sit together for negotiation. This is the time to clearly state and also understand the perspective of either people. The seller should clearly indicate the time frame of the installment of payment. The proportion of amount should also be decided. The final amount is done before giving the keys to the new owner.

Property is highly affected by the builders who flex on the price as per the market movement. There are times which are good for sale and other times it is the buyers market. This affects the availability of plots. Home on the outskirts of metros or rather holiday homes are also looked by property agents who understand the paperwork involved in these deals.

The sale of property can happen only when the legal documents are perfect and when the price dealings are affected. The clauses mentioned in the agreement should be agreeable both ways and hence the role of an agent is vital to implement a negotiation.

Sale of property is more difficult than creating a purchase situation. Hence the able services of an estate agent are employed so that there is more efficiency in the process. While buying a house people look for various factors. The prime focus is on the budget or the affordability rate. Then comes the area of preference. People look for a comfort level in the new purchase of flat because it is investment of their hard earned money and hence they have to locate the best among the best.

New constructions from reputed builders are perfect in their housing facilities. This means that there is no dearth of comfort factor. The playground is another issue that is seldom found in urban lands and a play park area is generally preferred by people who have kids. The next important facility noted by people is connectivity and short travel distance to public transport. Another is full time water supply and many also prefer the pipe gas facility.

The role of a real estate agent especially for metro properties is that of a professional who is persuasive and yet not very assertive. The client is highly aware and a knowledgeable personality and hence it would not be wise to intervene in every aspect. Estate agents also perform the role of liaising and clarifying certain unanswered questions. The buyer may seem very apprehensive before making the payment and hence all his queries should be put to rest.

It is also important to have an overview of the site, the legal documents and understanding of the same. The Occupation certificate and other primary formalities have to be complied by the builder and valid approvals from BMC are essential to process the sale purchase activity in new houses. It is imperative that the client has clarified the commission rate and also the interval in which the payment has to be made.

A pleasing personality, sound knowledgeable and good communication skills fulfills the role of the property agent. The broker also has to understand the market movement and maintain a rapport with the builders, second buyers, new clients and existing clientele for good will creation.

Hari Om Estates Pvt. Ltd.
Sarvasree Nagar Road
Yerwada, Pune-411006
Landmark: Opposite Agakhan Palace
Phone: 020-26688064

Landmarks Realtors
#D-II/2, Liberty II
Ground Floor
North Main Road, Koregaon Park
Pune H.O., Pune-411001
Landmark: Opposite Pizza Hut
Phone: 020-30916775

Homelink Real Estate
#A 3, Puja
Anand Park, Aundh
Ganesh Khind
Pune-411007
Landmark: Near Kirloskar House
Phone: 020-25882666, 020-25885123

Dream Home Consultant
#6, Vrindavan Lane,
North Koregaon Park, Pune H.O.
Pune-411001
Mobile: 9823054304

A.K. Estate Agency
Rajpal Corner
Nana Peth
Pune City H.O.
Pune-411002
Landmark: Near Doke Talim
Phone: 020-26135422

Diamond Estates
#18/3, Solapur Road
Hadapsar I.F.
Pune-411013
Landmark: Opposite Himalaya Heights
Phone: 020-26871049

Chetna Estate Agency
#323, M.G. Road
Kasba Peth
Pune-411011
Phone: 020-26131996

Cosmos Real Estate
#2H, North Liberty Plaza
Ground Floor
Koregaon Park
Pune H.O.
Pune-411001
Landmark: Opposite Pizza Hut
Phone: 020-26139131, 020-26052716

Amrut Estate
#15, Khilar Wadi, Karuve Road
Deccan Gymkhana
Pune-411004
Phone: 020-25461147

Dattatray Real Estates
Galaxy Apartment
C. Girdharlal Marg
Malad West
Mumbai-400064
Phone: 022-28081679

21st Century Real Estate
#D/8, Shop #A/3
Nutan Nagar, Gurunanak Road,
Bandra West, Mumbai-400050
Near Bandra Lake
Mobile: 9324137567

Essel Estate Agents
Lokhandwala Complex
Shop #9, Dhavalgiri Azad Nagar, Mumbai-400053
Opposite McDonald’s
Phone: 022-26361834, 022-26368232

A & S Incorporation
#266, Annie Besant Road,
P O 9127, Worli,
Kalbadevi, Mumbai-400002
Opposite Old Passport Office
Mobile: 9867219662

Eram Real Estate
#175, Memni Building Compound
Unit No.5,
Dimdimkar Road,
Lapada, Mumbai Central
Mumbai-400008
Near Nagpada Police Station
Mobile: 9869078462

Habitate Real Estate
Sydney Building
Shop #3, Shastri Nagar,
Lokhandwala Complex, Andheri (W) Azad Nagar, Mumbai-400053
Opposite O-Calcutta Restaurant
Phone: 022-26344200
Mobile: 9821331020

Daksha Real Estates
#A-10, Sector 14
Vashi, Mumbai-400703
Near M.G. Shopping Centre
Phone: 022-27661184

A1 Estate Agent
Amirani Mansion
Shop No- 1, MNL Road, Mahim
Mahim, Mumbai-400016
Opposite Tarzan Hotel
Phone: 022-6663524
Mobile: 9322502217

Hari Estate Agency
Shop #2, Maratha Colony Road Dahisar,
East Mumbai, Dahisar
Mumbai-400068
Opposite Kimplex Bhawan
Phone: 022-28284135
Mobile: 9820855348

R.S. Estate Agency Shop #2, Sushobhit Co-operative Housing Society,
Sector-2 ,Kandivali West
Mumbai-400067
Opposite Charkop Police Street
Mobile: 9820353325

Adinath Estate
Bina park Society
Shop #14/2
Woter Tenk
Ahmedabad G.P.O.
Ahmedabad-380001
Landmark: Opposite Police Chowk
Phone: 079-27484069

Nagai Estate Agency
Opp Gole Colony,
Corner Rathi Building Ashok Stambh
Gangapur Road
Nashik-422002
Phone: 0253-2317259

A.P. Real Estate Developers Association
Tirumala Sha Apartments
Shop #12, 1st Floor
Yellareddyguda Road
Ameerpet
Hyderabad-500073
Phone: 040-65572184
Mobile: 9848032733

Royal India Properties
Narmada Road, Kowdiar
Narmada Road
Trivandrum-695003
Phone: 0471-2439699, 0471-2539911
Mobile: 9387804434

Naupad Real Estate
Vitthal Complex
Shop #12
New C.G. Road
Chandkheda
Ahmedabad-382424
Landmark: Opposite Sakar English School
Mobile: 9825056000

Hariom Agrawal Property Dealer
Block 11, Cloth Market
Sanjay Place
Agra-282002
Mobile: 9827058020

Property Dealer
59a, Rani Ka Bagh
Civil Albert Road
Amritsar-143001
Phone: 0183-2224786

Property Dealer
59a, Rani Ka Bagh
Civil Albert Road
Amritsar-143001
Phone: 0183-2224786

Intergrated Real Estate Pvt. Ltd.
Hig-a1, Madhavbag Colony,
Jawahar Nagar
Cross Road
Jamshedpur-831001
Phone: 0657-2462410

Hari Om Estate Agency
Ganesh Siddhi, 101,
Above Bank Of Maharashtra
Panchavati
Nashik-422003
Phone: 0253-2514900, 0253-2514909

Preet Real Estate
172, Upstair Asian Sky Shop
New Vijay Nagar
Jalandhar-144001
Phone: 0181-2207172
Mobile: 9814060952

Agarwal Bros
C-30, Distt Shopping Centre,
Near Sahara Chamber
Tonk Road
Jaipur-302015
Phone: 0141-3093098

Paramount Estate Agency
#B-4144, Main Road,
Green Field Colony, Faridabad
Delhi-121001
Nearby N.S.P.C. Chowk
Phone: 0129-2418912
Mobile: 9810061826

D. Real Estate
#F-10, Kushna Complex
Sector 31, Nutani Road Noida, Delhi-201301
Phone: 0120-2452276
Mobile: 9810101822

Paras Estate
#86/b6, Shiva Road
Rohini, Delhi-110085
Near Rajdhani Public Secondary School
Phone: 011-27041082

K.C. Realtors
#8/19, WEA
Karol Bagh, Delhi-110005
Phone: 011-25745459

B.M.R. Real Estate
#B121, Main Road,
Green Field Colony
Faridabad, Delhi-121001
Mobile: 9811260521

B.R. Estates
#24, Second Floor
School Lane, Bengali Market New Delhi H.O., Delhi-110001
Near N.P. Bengali Girls Senior Secondary School
Phone: 011-23324463

Kalhan Properties
Main Dabri Road,
Choudhary Harpool Singh Market,
Mahavir Enclave, Palam Village
Delhi-110045
Mobile: 9312261803

Daksh Estates
#C-150, Shalimar Garden Extension 2,
Shahibabad, Ghaziabad
Delhi-201010
Near Triveni Ram Hanuman Mandir
Phone: 0120-4103200
Mobile: 9210223864

Babu Real Estate
#14, Thiruvanmiyur
Chennai-600041
Landmark: Near Adyar Bus Depot
Mobile: 9444956272

A.B. Real Estate
#21, East Coast Road
Neelangarai
Chennai-600041
Mobile: 9444892861

Balaji Real Estates
#229/99, Thiruvotriyur High Road,
Kaladipet, Thiruvotriyur
Chennai-600019
Mobile: 9380007187

Century Realtors
#64, Montieth Road
Egmore, Chennai-600008
Landmark: Opposite Tic Tac Restaurant
Phone: 044-28553809, 044-42083809

Economic Real Estate
#26, Sena Bhawan
1st Floor
Jyothi Ramalingam Street
Madipakkam
Chennai-600091
Mobile: 9282142745

C.S.J. Real Estate
#116, Raghavan Street
Perambur, Chennai-600011
Landmark: Near St. Marys School
Phone: 044-43555271

Freque Real Estate
#201, Arcot Road
Porur, Chennai-600116
Mobile: 9841993711

N.T.R. Estate
#25, Tholkapiyan Nagar
Pammal, Chennai-600075
Mobile: 9841733112

T&M Estates and Properties
#50, Golden Towers
Shop #11 & 11, Ground Floor
Residency Road
Brigade Road
Bangalore-560025
Phone: 080-32584852
Mobile: 9886089579

Welcome Real Estate
New #14/A
Tank Bund Road, Bismillanagar
Dharmaram College
Bangalore-560029
Landmark: Near B.E.T. School

B.T.M. Real Estate
#44/1, 7th Main, 19th Cross,
B.T.M. 2nd Stage, J.C. Nagar
Bangalore-560006
Mobile: 9845560585

J.P. Real Estate #67, 11th Cross, C.M.H. Road
Indira Nagar, Bangalore-560038
Landmark: Opposite Reliance Web World
Phone: 080-41159185
Mobile: 9342194399

The Perfect Choice
#216/C, Banaswadi
Bangalore-560043
Landmark: Opposite Dodda Banasawadi Bus stop

Q.V.C. Realty Pvt. Ltd.
2nd Floor, Marathahalli Road
Marathahalli Colony
Bangalore-560037
Landmark: Near Sony World
Phone: 080-40250333
Mobile: 9741518666

Bangalore Real Estate
Basavanagudi, Bangalore-560004
Landmark: Near Lalbagh West Gate
Mobile: 9342274365

Joy Real Estate
16th Main, B.T.M. Layout
Jaya Nagar East
Bangalore-560069
Phone: 080-22249010
Mobile: 9341239708

The news about real estate in the metros has been constantly upgraded with various opinions. With the recession trend affecting the real estate too, the earlier market that was unapproachable is also showing some signs of slowdown. The market rate is down at least by 20 per cent and is expected to go lower. This is positive sign for a salaried individual who was earlier wary of the market and hence chose to live in rented apartments. Metros always have had paucity for lands especially in the affordable category.

The agent in the metros is certainly aware of trends, amenities and the purchasing power of clients during the peak seasons of dealing. He has a keen insight of insider news by builders and also the effect of stock market on the property rates. Festive seasons in the metros are a big time to open up new ventures be it shops, galas or buying a house. This auspicious month also augments sales which are again taken as an opportunity by the metro real estate agent.

The metro client is usually very much informed about market trends and pricing and hence the agent has to be extremely knowledgeable and also possess a great convincing power in his conversational skills. Regarding the market, the commission charged by the agent should also be justified for also creating goodwill. The client from metros in case of seller or buyer is looking for the correct price and has an estimate of his own. The real estate agent can however influence this through examples and giving him insight about market happenings.

Being in metro offers several opportunities to create a consortium which the agent often resorts to for favorable earning of commission. This method of commission sharing makes it easy for many brokers to get along and reap the benefits of good deal. Excellent rapport has to be maintained with the builders as they are approached by many real estate agents and here the competition is very high.

Metros lifestyles are also suited for rental apartments as many come here for the opportunity to work and hence lease apartments will always be in demand. The current trend is also high in demand for leased apartments and liaising with the tenant and land lord is a huge responsibility of the metro agent.

PR or public relations are the most important quality of an estate agent. Despite the paucity of sale of houses in this market the services of an estate agent makes it easy for the buyer to purchase a land. Outside Mumbai i.e. in case of holiday homes the land is an open area under the jurisdiction of a different district and hence it is necessary to do a lot of spade work and get the understanding of the ownership details of the land. This calls for a lot of rapport building from the agent there and also liaising with legal-government mandates.

Additional services offered by the estate agent in handling paperwork, assisting viewings, helping in the negotiation and also helping in making a decision does much to their good will. The services of an agent are heavily relied about people who have relocated and looking for rental apartments. Though temporary the legal requirements and personal aspirations has to be looked into before settling in a rented house. The agent helps the person to locate a feasible property in such a case and also hand hold the assistance he or she will require to move in.

The main quality of a real estate agent is communication skill. He is able to screen the probable buyer and also communicate the conditions of the seller or the landlord. In case of resale of the property certain fixtures like bed or wall units are not portable and hence it is included in the sale price or offered as fringe benefit. This has to understood and communicated to the new owner. The estate agent has excellent convincing skills too in case the party is unable to exactly understand a situation.

The public relations is also essential to bring in a confident network of people while buying and selling. The repute and name of the agent is very important to go about the sale purchase in lands and hence he has to maintain his contacts during season and more during off season. Courtesy calls, eloquent selling skills, helping contact an interior designer and also genuine effort in understanding the capacity of the party is really necessary to be in the profession.