WWW.REMAX-MGM.COM          India’s most visited Real Estate and              Franchise business website                 ww...
GROW YOUR BROKINGBUSINESSManaan ChoksiRegional DirectorRE/MAX Mumbai Gujarat Maharashtra
Agenda:• Why real estate broking?• What is a real estate broking business?• Problems faced in the Industry• What are the n...
Why real estate broking?• 60% of a person’s Net worth is in Real Estate.• Number of brokers in Ahmedabad: Approx. 10,000 a...
• With Tata Nano, Ford, Peugeot setting up plants in Gujarat, real estate is going to be in demand.• Migration of people t...
What is a real estate brokingbusiness?• Broker is a party that arranges transactions between a buyer and a seller, and get...
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• G...
Why a broker cannot satisfy?• Getting and retaining best employees• Training• Advertisement Budget• No Surety of Income• L...
Why employees don’t stay?• Employer gets the lion’s share of income• Boss gives little value addition to each deal once th...
Rotating Door Mentality
Problems faced by Builders / Developers • Huge budget on marketing. • Lack of professional brokers for the sales of their ...
“Problems faced inReal Estate Broking Industry                  at present”
• Less Inventory• Less Leads• Matching issues
• Restricted network• No trust• Unorganized Market• International presence
Get access to HNI/NRI clients? • Get relevant training and provide good service. • Get properties which they would prefer:...
TECHNOLOGY: HOWIMPORTANT?Example of A listingProperty with an excellent view over looking a river, sea and a hill.Very upm...
Technology: How important?• Buyers require more information e.g.: floor plan, elevation    photos, views, amenities etc.• ...
What are the new trends in this business?• Role of Media• Resale properties• Dependence on agents as plethora of options e...
WHAT MAKES A PROFITABLEBUSINESS?
Which business is more profitable? More number of property options         for customers                    ORLess number ...
Which business is more profitable?        A well trained agent                 OR Untrained assistants / employees
Which business is more profitable? Latest technology to market their            properties                    OR Doesn’t u...
Which business is more profitable?    A large international network                    OR       A stand alone operation
Which business survives longer?      With lower fixed cost               OR  When fixed running cost is high
Which business is more profitable?       Is in Business since long                    OR               Just opened
Which business is more profitable?Running based on a proven concept globally                     ORA office started withou...
Which business is more profitable?    A system driven model             OR    A person driven model
Verious Real estate companyenter in to indian Real estatebroking Business
GIVING YOUR BUSINESS THE             RE/MAX LEVERAGERE/MAX India
Established in Denver, Colorado (USA) in 1973 by –       Dave Liniger                             The only internation    ...
- Real Estate Maximums                         REFLECTIONS OF GREATNESSRE/MAX India
WORLD’S TOP REAL ESTATE COMPANY    RE/MAX did house    sales of more than         $500 bn.   If RE/MAX was a company, we w...
GLOBAL RECOGNITIONRE/MAX India
BRAND NAME RECOGNITION                    RE/MAX is #1        The most recognized logo in real estate                     ...
THE ICON IN THE INDUSTRY                       REFLECTIONS OF GREATNESSRE/MAX India
Business Model:    A business model working    successfully in more than     7000 offices and created    millions of entre...
BEST IN THE INDUSTRY                   Only real estate                      company to                  feature in the bo...
World’s largest Real Estate brokerage franchising network…!                                            REFLECTIONS OF GREA...
ABILITY TO DO BUSINESS IN MORE           THAN 88 COUNTRIESRE/MAX India
OPERATING IN 105 REGIONS IN 88 COUNTRIES
Network...                    88 Countries                   7000+ Offices                  100,000+ Agents               ...
Network…                                 23                               Regions                                135+     ...
EDUCATION & TRAININGRE/MAX India
REAL ESTATE BUSINESS TRAINING More than 25,000 hours of training in India done                                    REFLECTI...
CONFERENCES & CONVENTIONS                        REFLECTIONS OF GREATNESSRE/MAX India
TECHNOLOGYRE/MAX India
WWW.REMAX-MGM.COM           India’s most visited real estate and               franchise business website                 ...
TOOLS TO GROW YOUR BUSINESS                        REFLECTIONS OF GREATNESSRE/MAX India
OFFICES IN AHMEDABAD  1               Mr. Vivek Parikh                 Satellite           RE/MAX Metro  2   Mr.Nishant Ma...
BROKER OWNERS OF GUJARAT                       REFLECTIONS OF GREATNESSRE/MAX India
BROKER ASSOCIATES OF GUJARAT                        REFLECTIONS OF GREATNESSRE/MAX India
ACHIEVEMENTS RE/MAX Bangalore Franchise does landmark transaction                                 REFLECTIONS OF GREATNESS...
ACHIEVEMENTS Lodha World One                   REFLECTIONS OF GREATNESSRE/MAX India
ACHIEVEMENTS    Godrej township                       REFLECTIONS OF GREATNESSRE/MAX India
HOW TO JOIN RE/MAX ?    There are two options to be a part of the revolution in real estate    broking:      If you have ...
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Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business, Property Business India, Become an Entrepreneur, Small Business Opportunity India, Become Real Estate Agent

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If you are looking for a franchise business in Indiain real estate then RE/MAX has the best new business opportunity in property franchising. The world's largest selling real estate company can help you become a property broker or real estate agent with extensive training from the top real estate consultants. A RE/MAX franchise office is a network or property agents and real estate brokers working together. Earn money in the most profitable industry with maximum work/life balance.

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Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business, Property Business India, Become an Entrepreneur, Small Business Opportunity India, Become Real Estate Agent

  1. 1. WWW.REMAX-MGM.COM India’s most visited Real Estate and Franchise business website www.remax-mgm.com REFLECTIONS OF GREATNESSRE/MAX India
  2. 2. GROW YOUR BROKINGBUSINESSManaan ChoksiRegional DirectorRE/MAX Mumbai Gujarat Maharashtra
  3. 3. Agenda:• Why real estate broking?• What is a real estate broking business?• Problems faced in the Industry• What are the new trends in this business?• What makes a profitable business?• The RE/MAX Concept
  4. 4. 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.
  5. 5. • 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 rest of India for more than 3 years.• 3 of the top 100 growing cities in world are in Gujarat.
  6. 6. What is a real estate brokingbusiness?• Broker is a party that arranges transactions between a buyer and a seller, and gets a commission when the deal is executed.
  7. 7. What does a buyer want?• Inventory• Agent time• Guidance• Saving of his time• Quick closure
  8. 8. 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
  9. 9. Why a broker cannot satisfy?• Getting and retaining best employees• Training• Advertisement Budget• No Surety of Income• Limited budget for Running costs• Network
  10. 10. Why employees don’t stay?• Employer gets the lion’s share of income• Boss gives little value addition to each deal once the employee becomes experienced• Lack of independence• Lack of Personal Identity• Limited office growth
  11. 11. Rotating Door Mentality
  12. 12. 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.
  13. 13. “Problems faced inReal Estate Broking Industry at present”
  14. 14. • Less Inventory• Less Leads• Matching issues
  15. 15. • Restricted network• No trust• Unorganized Market• International presence
  16. 16. 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 HNI • Provide a experience to client to gain trust • Use technology extensively
  17. 17. TECHNOLOGY: HOWIMPORTANT?Example of A listingProperty with an excellent view over looking a river, sea and a hill.Very upmarket locality.3 bed room, fully furnished, good wood work.Parking for 2 cars.
  18. 18. Technology: How important?• Buyers require more information e.g.: floor plan, elevation photos, views, amenities etc.• Cost of petrol increases so buyers prefer to see properties over internet and short list rather than visit each and every option• Buyers don’t have time• Buyers can be outside city or even country.• Buyers want to share information with others
  19. 19. 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 stock broking
  20. 20. WHAT MAKES A PROFITABLEBUSINESS?
  21. 21. Which business is more profitable? More number of property options for customers ORLess number of property options for customers
  22. 22. Which business is more profitable? A well trained agent OR Untrained assistants / employees
  23. 23. Which business is more profitable? Latest technology to market their properties OR Doesn’t use technology to market their properties
  24. 24. Which business is more profitable? A large international network OR A stand alone operation
  25. 25. Which business survives longer? With lower fixed cost OR When fixed running cost is high
  26. 26. Which business is more profitable? Is in Business since long OR Just opened
  27. 27. Which business is more profitable?Running based on a proven concept globally ORA office started without any proven concept
  28. 28. Which business is more profitable? A system driven model OR A person driven model
  29. 29. Verious Real estate companyenter in to indian Real estatebroking Business
  30. 30. GIVING YOUR BUSINESS THE RE/MAX LEVERAGERE/MAX India
  31. 31. Established in Denver, Colorado (USA) in 1973 by – Dave Liniger The only internation real estate broking company still owned and operated by the original promoter REFLECTIONS OF GREATNESSRE/MAX India
  32. 32. - Real Estate Maximums REFLECTIONS OF GREATNESSRE/MAX India
  33. 33. WORLD’S TOP REAL ESTATE COMPANY RE/MAX did house sales of more than $500 bn. If RE/MAX was a company, we would be bigger than WALMART REFLECTIONS OF GREATNESSRE/MAX India
  34. 34. GLOBAL RECOGNITIONRE/MAX India
  35. 35. BRAND NAME RECOGNITION RE/MAX is #1 The most recognized logo in real estate REFLECTIONS OF GREATNESSRE/MAX India
  36. 36. THE ICON IN THE INDUSTRY REFLECTIONS OF GREATNESSRE/MAX India
  37. 37. Business Model: A business model working successfully in more than 7000 offices and created millions of entrepreneurs worldwide REFLECTIONS OF GREATNESSRE/MAX India
  38. 38. BEST IN THE INDUSTRY Only real estate company to feature in the book “50 Companies That Changed the World” by Howard Rothman REFLECTIONS OF GREATNESSRE/MAX India
  39. 39. World’s largest Real Estate brokerage franchising network…! REFLECTIONS OF GREATNESSRE/MAX India
  40. 40. ABILITY TO DO BUSINESS IN MORE THAN 88 COUNTRIESRE/MAX India
  41. 41. OPERATING IN 105 REGIONS IN 88 COUNTRIES
  42. 42. Network... 88 Countries 7000+ Offices 100,000+ Agents 200,000+ Transactions REFLECTIONS OF GREATNESSRE/MAX India
  43. 43. Network… 23 Regions 135+ Offices 500+ Agents 5+ Transactions Per Day REFLECTIONS OF GREATNESSRE/MAX India
  44. 44. EDUCATION & TRAININGRE/MAX India
  45. 45. REAL ESTATE BUSINESS TRAINING More than 25,000 hours of training in India done REFLECTIONS OF GREATNESSRE/MAX India
  46. 46. CONFERENCES & CONVENTIONS REFLECTIONS OF GREATNESSRE/MAX India
  47. 47. TECHNOLOGYRE/MAX India
  48. 48. WWW.REMAX-MGM.COM India’s most visited real estate and franchise business website www.remax-mgm.com REFLECTIONS OF GREATNESSRE/MAX India
  49. 49. TOOLS TO GROW YOUR BUSINESS REFLECTIONS OF GREATNESSRE/MAX India
  50. 50. OFFICES IN AHMEDABAD 1 Mr. Vivek Parikh Satellite RE/MAX Metro 2 Mr.Nishant Makhija and Mr. Vinod Makhija Vastrapur RE/MAX Real Estate Services 3 Mr. Sumeet Sethi and Mrs. Yogita Sethi Nehrunagar RE/MAX First Choice 4 Mr. Anand Choksi Satellite RE/MAX Advantage 5 Mr. Ankit Patel Memnagar RE/MAX Castlemore Realty 6 Tushar Gandhi and Mr. Hemant Gandhi S.G. Highway RE/MAX Vintron Gold 7 Chetan Parikh Ellisbridge RE/MAX Milkatz 8 Nikul Patel Sardar Patel RE/MAX Achievers 9 Mr. Manish Shah and Mr. Upendra Shah Maninagar RE/MAX Real Estate Experts 10 Mr. Nirav Vakharia/Mr. Harit Parikh Stadium RE/MAX Realty Solutions REFLECTIONS OF GREATNESSRE/MAX India
  51. 51. BROKER OWNERS OF GUJARAT REFLECTIONS OF GREATNESSRE/MAX India
  52. 52. BROKER ASSOCIATES OF GUJARAT REFLECTIONS OF GREATNESSRE/MAX India
  53. 53. ACHIEVEMENTS RE/MAX Bangalore Franchise does landmark transaction REFLECTIONS OF GREATNESSRE/MAX India
  54. 54. ACHIEVEMENTS Lodha World One REFLECTIONS OF GREATNESSRE/MAX India
  55. 55. ACHIEVEMENTS  Godrej township REFLECTIONS OF GREATNESSRE/MAX India
  56. 56. HOW TO JOIN RE/MAX ? There are two options to be a part of the revolution in real estate broking:  If you have an office or if you plan to buy one: join as a Broker Office (BO) : Talk to Mr. Devansh Kothari for appointment : 9879167987  If you want to work as a Broker Associate with a BO then please talk to Ms. Salma Khatoon for appointment: 9909066999 www.remax-mgm.com REFLECTIONS OF GREATNESSRE/MAX India

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