RE/MAX Mumbai Gujarat Maharashtra Newsletter March-2013


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RE/MAX Mumbai Gujarat Maharashtra Newsletter March-2013

  1. 1. RE/MAX Mumbai Gujarat Maharashtra MGM NEWSLETTER March - 2013Management Speak: HighLIGHTS The financial year -2012-13 ended on a posi- tive note of one new office getting added in RE/ MAX MGM – a very warm welcome to RE/MAX »» Management Speak Revolutions. We added a few agents and did a lot of transaction. The RE/MAX story in India solidifies »» New Broker Owners &Associates itself by slow but steady growth and the spread of roots. »» Broker Owner Meets On 1st April 2013, data was released in news- »» Events and Seminars papers about the number of deals done in Ahmedabad market. We are proud to announce that »» RE/MAX in News we have achieved 1% market share in the entire Ahmedabad market, total size of which is about Rs. »» REALTY NEWS 20,000 crore annually. Our aim is to capture around 30% market share, so we have a long way to go. »» RRR IN GOASince last 3 years, every march we have the half yearly BO meeting in 3 cities of Ahmedabad, »» Photo GalleryMumbai and Pune. This year also we had the same and it was good to see BO exchangingideas, thoughts and best practices which reassure us that we are building a strong network.Usually the ROs and the RO staff present during the meetings, however as we grow, we areseeing that BO themselves are taking the centre stage of the discussions. This shows how thecompany is evolving.India on the other hand is also developing as a country and the government has starteddiscussions on a real estate regulator. It is not a coincidence that wherever RE/MAX goes themarkets get sophisticated. Our mere presence prompts the real estate sector to improve. Wewelcome this move and it is a matter of time when our market gets as regulated as in othercountries.On the training side we are pleased to inform that our online sessions have been regularlygetting attended by our members. It motivates us to continuously provide relevant trainingmatching to international standards. Taking the cue from the success of RE/MAX MGM’sonline training initiatives; RE/MAX India and RE/MAX International have also started trainingprograms online.RE/MAX participated in Awards function and property shows in Mumbai in March. A continu-ous commitment of building brand of RE/MAX in a manner which benefits all the affiliatesof RE/MAX. The RE/MAX MGM Facebook page ( crossedthe 10,000 likes mark and we are now almost 11,000. This shows we are the most “liked”international brand in the MGM region.Wish you loads of financial success this financial year! Happy 2013-14!Manan ChoksiRegional OwnerMUMBAI GUJARAT MAHARASHTRA RE/MAX MGM Safal Profitaire, Block A, G5, Corporate Road, Opp. Prahladnagar Garden Road, Ahmedabad – 380 015 Phone : +91 99090 66999 Email:
  2. 2. RE/MAX Mumbai –Gujarat – MaharashtraRE/MAX Mumbai Gujarat Maharashtra welcomes new Broker OfficeRE/MAX REVOLUTIONS and the broker owners Mr. Vivek Mistry,Mr. Jay Thakkar & Mr. Viral on board and wishes them all the very best.RE/MAX Mumbai Gujarat Maharashtraregistered 8new agents in the month ofMarch2013. RE/MAX MGM congratulatesall these Broker Associates for joining RE/MAX and wishes them all the best.RE/MAX GUJARAT Added 8new Sales AssociatesRE/MAX Plus Niraj Shah RE/MAX Plus RohitrajKeshwaniRE/MAX Plus Sahil Patel RE/MAX Plus VikramChandnaniRE/MAX Plus YatinGor RE/MAX Metro Ketan RavalRE/MAX FIRST CHOICE SirazPadhiar RE/MAX Hallmark Realty PrakashMenonONLINE TRAINING IN MARCH2013 Date Session Name YouTube Link 27/2/13 Working on Sole Selling Project Working on sole selling project video 6/3/2013 Real Estate Marketing Basics for an Agent Real Estate Marketing basics for an Agent video 13/3/13 15 Mistakes of BA To be uploaded very soon 20/3/13 Working with investors To be uploaded very soon Did you know that our RE/MAX Global team puts on more than 10 educational online webinars a month, and if you are a RE/MAX affiliate, there is no cost!Want information about these educational webinars? Email at!
  3. 3. RE/MAX Mumbai –Gujarat – MaharashtraBroker Owner Conferences in Mumbai, Pune and Ahmedabad held in March2013RE/MAX Mumbai Gujarat Maharashtra organized broker ownermeets in above three cities on 22nd, 23rd and 25th Marchrespectively. Every year these broker owner meets are held twicea year where all the broker owners come and the achievementsand concerns of region and its broker offices of previous halfyear is shared with all the broker owners and strategy for nextperiod is discussed.All the three broker meets were full of energy because of activeparticipation of Broker owners. All the broker owners discussedthe new 100% model and how to get more agents now by pass-ing on maximum brokerage.Mr. Harit Parikh, Broker Owner of RE/MAX REALTY SOLUTIONSshared his valuable experience of R4 convention which herecently visited in LAS VEGAS.Mr. Manan Choksi shared marketing ideas in these BO meets.Mr. Aashil Patel shared Importance and ways of doing PR in real estate industry. Mr. Sahil Shah shared few ideas on recruitment andimportance of having agents at 100% sharing.
  4. 4. RE/MAX Mumbai –Gujarat – MaharashtraBO SPEAK!Manisha Mehta: Broker Owner RE/MAX MATRIX, MUMBAIWhere do you see market 5 years from now?Housing prices have soared much higher than the reach of average Indian in the past decade at anannual rate of 14%. However, price appreciation has slowed significantly during 2012 in the topseven cities of the country.Owing to sluggish sales and increased holding and construction cost, the real estate scenario hasfound itself in deep waters. It looks like the market will remain in a lull for some time to come. Inves-tors with money in hand can look for great deals and opportunities due to the distress monitory re-quirements of builders. Rental housing will take a big jump in the next two years. And then the after apause, demand for end use will begin sprouting once again. Because there is a real need for homes.Fortunately or unfortunately the beneficiary in the entire process seems to be going in the investor’sfavor, one who has the funds and risk appetite to get great deals from the developer and wait till thetime the end user wakes up once again to his needs.BA SPEAK: Amish Vyas, Broker Associate RE/MAX METRO, AhmedabadWhile it is a wonderful idea to get into the real estate business, it is important to stress the factthat you must make goals to help guide your business. Your goals need to be long term as well asshortterm. While you are making goals, you must make sure you are making plans to actually helpyou achieve your goals.At present Real Estate business is one of the fastest growing businesses. Day by day many peopleare experiencing success in this field. There are some basic strategies you have to learn if you are anewbie. If you want to develop your skills in this field, real estate seminars and courses are the bestway. By participating in seminars you can surely become successful in this field by gaining someknowledge.If you are trying to make a good business from real estate you need to invest in a planner to helpyou keep your contacts organized, as well as make sure you schedule time to actually actively lookfor property. If you do not schedule time to actually look for property then you are mostly relyingon luck and chance to help your business grow.With the help of Real Estate seminars and courses,you will be able to gain the complete knowledge on Real Estate business. There is no any difficulty in this field. All you have to do iscompletely understand the techniques which you have to use in order to succeed in your business. You can be your own boss once youlearn all the tactics of this fieldI have gained a lot here in terms of money, respect, clients, relationship, and business everything.This is not the business in which wereap today and get the fruit tomorrow we have to wait for the results.Here 90% is smart work and only 10% is hard work. It’s so simple “Open More Leads, Close More Deals.”
  5. 5. RE/MAX Mumbai –Gujarat – MaharashtraOPEN HOUSE BY RE/MAX REALTY SOLUTION AHMEDABAD.RE/MAX REALTY SOLUTION has planned an open House of a Bungalow in Manekbaug and has invited peo-ple through social media, email campaigning and personal contacts.This 4 BHKBungalow has a well-planned layout with formal living room, family room / TV room, dining room and kitchen with 1 Masterbedroom on the ground floor. There is also a lounge area with 3 bedrooms, balcony and study room on 1st floor. The house has greatventilation and natural light throughout the day. Exterior elevation of the house is well maintainedtoo. The Property is exclusivelymarketedby RE/MAX Realty Solutions.To have more details about these houses click the link below:
  6. 6. RE/MAX Mumbai –Gujarat – MaharashtraThe RE/MAX MGM Facebook page ( crossedthe 10,000 likes mark and we are now almost 11,000. This shows we are themost “liked” international brand in the MGM region.
  7. 7. RE/MAX Mumbai –Gujarat – MaharashtraNew RE/MAX Marketing Platform RE/MAX Celebrates More Than $128Wins Achievement Award Million in Total Donations(Denver, CO) – RE/MAX LLC, a global leader in real estate, has DENVER - As a proudbeen recognized with the Marketing Achievement Award from the partner of Children’sReal Estate Marketing Insider for the company’s “Design Center” Miracle Network Hos-platform. The award is given each quarter for improvement or pitals®, RE/MAX, LLCinnovation in the art of real estate marketing. This month, RE/MAX has made a mark - anlaunched an updated version of “Design Center,” created by Im- $8.2 million mark - inprev. The new platform features a more intuitive user interface, and contributions to theoffers agents and offices more enhanced marketing capabilities. nonprofit organiza- tion over the past year“Since Design Center first debuted in 2006, our agents have had alone.access to state-of-the-art marketing tools,” said Abby Lee, RE/MAXVice President, Brand Marketing and Advertising. “The new plat- The partnershipform makes it even easier for them to grow their business through between RE/MAXimproved visibility with home buyers and sellers. It’s just one of and CMN Hospitalsthe no cost tools that RE/MAX provides our network.” developed in 1992 and has grown continuously since. To date, RE/ MAX agents have donated more than $128 million to help fundThe new Design Center allows agents to create and distribute life-saving treatments with advanced medical equipment, cutting-professional marketing materials, both digitally and via snail edge research and continuing education.mail. Agents can post their material on the internet to a numberof websites and aggregators, remotely print paper materials, such “More than 20 years ago, we aligned with an organization thatas postcards, flyers and brochures, and also measure the impact shared the same deeply rooted value of family,” said Gail Liniger,of email or online campaigns. The redesigned platform also helps RE/MAX Co-Founder and Vice Chair. “The millions of families ouragents streamline their business and allows them to be more ac- agents have helped Children’s Miracle Network Hospitals reach iscessible to their clients. beyond what we ever imagined.” more-than-128-million-in-total-donations
  8. 8. RE/MAX Mumbai –Gujarat – Maharashtra
  9. 9. RE/MAX Mumbai –Gujarat – MaharashtraREALTY NEWS: Realtor body against Budget proposal of 1% TDS on property dealsGodrej launches affordable housing project in Confederation of Real EstateDeveloper’s Associations of IndiaAhmedabad (CREDAI), has sought withdrawal of Budget proposal to levy 1% tax deducted at source on any property deal other than agricultureGodrej Properties Ltd has launched one bedroom-kitchen-hall land.(1BHK) houses in the affordable segment at its upcoming GodrejGarden City in Ahmedabad. In a recent representation sent to the finance ministry, the realtors’ body has argued that implementation of this proposal will lead toThe Mumbai-based real estate developer would market these af- more complexities and harassment of consumers. “We are seekingfordable apartments at prices starting at Rs 16.5 lakh, the company withdrawal of this proposal completely. This will lead to harass-said in a statement here. ment of consumers, especially the buyer who is being burdened with additional responsibility to withhold the amount, deposit thisFive new towers, each having 13 storeys, including the ground to tax authorities and file returns,” said Lalit Kumar Jain, chairman,floor, will offer these apartments measuring 600 sq. ft. each. Each CREDAI.tower will be equipped with 2 lifts and all apartments are open fromtwo sides with no two apartments overlooking each other. realtor-body-against-budget-proposal-of-1-tds-on-property-deals/The project is within the Ahmedabad Municipal Corporation (AMC) articleshow/19315117.cmslimits. Godrej Properties is creating facilities for public transport,education, health-care, recreation, hospitality, retail and bankingwithin the development. RE/MAX India Convention: Meet on the beach April 26-28Indian real estate market investment volume at Rs19,000 cr in 2012India was ranked 20th among the top 20 real estate investmentmarkets globally with investment volume of Rs 19,000 croresrecorded in 2012.According to Cushman & Wakefield’s latest report, InternationalInvestment Atlas, China remained the largest global investmentmarket overall thanks to the surge in land sales seen in late 2012.The US was placed in the second position, followed by the UK inthird place.The majority of the investment in India was through institutionalsales (67 per cent), while the remaining was through private equity Business trips don’t get much more exotic than this.(PE) investments (33 per cent). The market witnessed institutionalsales (excluding apartments) of Rs 12,800 crore, concentrated in RE/MAX Affiliates from around the world are invited to work - andcommercial development sites and the office segment, including play! – at RE/MAX Realty Rendezvous, the 4th annual RE/MAX Indiastandalone and pre-leased office buildings. While the investments institutional sales declined 37 per cent over the last year, private The meeting will be held April 26-28 at the Majorda Beach Resortequity investment in India increased by 7 per cent in 2012 and was along the stunning beaches of Goa, in west India. The Conventionnoted at Rs 6,200 crore, the report said. will offer networking meet-and-greets, along with training sessionsIn terms of value, the majority of private equity in real estate and workshops.(PERE) investments was noted in ready income generating / opera- Organizers say, the gathering will offer serious business opportuni-tional office assets at Rs 3,230 crore, which saw an increase of 34 ties in a country ranked as a major, growing economic hub whoseper cent over 2011. Under-construction residential projects contin- thousands of well-to-do investors are looking to buy propertyued to witness the highest number (25) of PERE deals in 2012 and internationally.witnessed private equity investments at Rs 2,850 crore. Don’t miss out on an exciting trip you can still call “work.”
  11. 11. RE/MAX Mumbai –Gujarat – MaharashtraPHOTO GALLERYHarit Parikh sharing his experience of R4, Las Vegas at Ahmedabad BO Meet.Mr. Aashil Patel, Regional Owner explaining about effective PR Program in BO Meet
  12. 12. RE/MAX Mumbai –Gujarat – MaharashtraPHOTO GALLERYMr. Tushar Gandhi, Broker Owner, RE/MAX Vintron sharing his vast experience in Real Estate BrokingIndustry.27th National Real Estate Awards Photos RE/MAX MGM Safal Profitaire, Block A, G5, Corportate Road, Opp. Prahladnagar Garden Road, Ahmedabad – 380 015 Please send us your reviews about this month’s newsletter. Feel free to Phone : +91 99090 66999 give your suggestions and we will incorporate the same in coming news- Email: letter. Send your suggestions to NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX