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Reflections of Greatn RE/MAX India www.remax-mgm.com India’s most visited Real Estate and Franchise business website www.remax-mgm.com

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

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Page 1: Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business, Property Business India, Become an Entrepreneur, Small Business Opportunity India,

8/3/2019 Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business, Property Business India, Become an Entrepreneur, Small Business Opportun…

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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

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Grow your brokingbusiness

Manaan Choksi

Regional Director 

RE/MAX Mumbai Gujarat Maharashtra

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Page 4: Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business, Property Business India, Become an Entrepreneur, Small Business Opportunity India,

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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.

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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.

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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.

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What does a buyer want?

Inventory

Agent time

Guidance

Saving of his time

Quick closure

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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

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Why a broker cannot satisfy?

Getting and retaining best employees

Training

Advertisement Budget

No Surety of Income

Limited budget for Running costs

Network

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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.

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• Restricted network

• No trust

• Unorganized Market

• International

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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

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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.

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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

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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

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Which business is more profitable?

A well trained agent

OR

Untrained assistants / employees

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Which business survives longer?

With lower fixed cost

OR

When fixed running cost is high

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Which business is more profitable?

Is in Business since long

OR

Just opened

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Which business is more profitable?

Running based on a proven conceptglobally

OR

A office started without any proven concept

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Which business is more profitable?

A system driven model

OR

A person driven model

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Verious Real estate company

enter in to indian Real estatebroking Business

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Reflections of GreatnRE/MAX India

- Real Estate Maximums

RE /MAX is the most successful network

in the historyof the real estate industry

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Reflections of GreatnRE/MAX India

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

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B d N R i i

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Reflections of GreatnRE/MAX India

Brand Name Recognition

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

Th ICON i h INDUSTRY

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Reflections of GreatnRE/MAX India

 The ICON in the INDUSTRY

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B t i th I d t

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Reflections of GreatnRE/MAX India

Best in the Industry

Only realestate

company to

feature in thebook “50

CompaniesThat Changedthe World” by

Howard

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Reflections of GreatnRE/MAX India

World’s largest Real Estate brokerage franchising network…!

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RE/MAX India

Ability to do business inmore than 88 countries

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OPERATING IN 105 REGIONS IN 88 COUNTRIES

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Reflections of GreatnRE/MAX India

Network...

7000+ Offices

100,000+ Agents

200,000+Transactions

88 Countries

k

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Reflections of GreatnRE/MAX India

Network…

23Regions

135+

Offices

500+

Agents5+Transactions Per Day

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RE/MAX India

Education & Training

Real Estate Business Training

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Reflections of GreatnRE/MAX India

Real Estate Business Training

More than 25,000 hours of training inIndia done

Conferences & Conventions

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Reflections of GreatnRE/MAX India

Conferences & Conventions

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

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www remax mgm com

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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

Tools To Grow Your Business

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Reflections of GreatnRE/MAX India

 Tools To Grow Your Business

 

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Broker Owners Of Gujarat

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Broker Owners Of Gujarat

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Broker Associates Of Gujarat

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Achievements

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RE/MAX Bangalore Franchise doeslandmark transaction

Achievements

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Lodha World One

Achievements

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Godrej township

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