Table of Content
Introduction to Real Estate
- Career Options in Real Estate
- Residential vs. Commercial
- Current Trends in the Real Estate Market
Successful Real Estate Consultant
- Serving as a Fiduciary Representative
- Working with other Real Estate Agents
- Working with Agents in your Office
- Time Management for a successful real estate consultant
- Other Assets for a Successful Real Estate Agent
- Successful Real Estate Agent: How to work with buyers
- Successful Real Estate Agent : How to work with sellers
- Partnering with the Other Agent
- Some mistakes and how to avoid them for success
Business Planning
- Forces driving Real estate business
- Determining the influence of other regional markets
- Studying Population migration patterns
- Identifying and capitalizing on market trends
- Compiling a marketplace analysis
- Putting your research to work
Prospecting & Referrals
- Prospecting for sellers
- Prospecting for buyers
- Important guidelines for prospecting
- Targeting Prospects
- Using direct mail
- Don’t let distance become a barrier
- Staying in touch via e-mail
- Calling
- Managing and Working with Referrals
- Sources of referrals
- Important tips to be referable
Sales & Marketing for your real estate business
- Positioning your offering
- Positioning yourself
- Using publications that reach your target prospects
- Choosing the right media outlets
- Converting ad interest to call for action
- Promoting Properties by Using Flyers
- Internet and Real Estate
- Types of agent web sites
- Creating domain names
- Converting lookers to leads
- Converting leads to clients
- Using popular sites
- Putting your agency’s Web site to work
- Virtual Tours
- Digital Photos
- Improving Home Decor for sales
Appraisal – Determining a home’s ideal price
- Appraisal
- Land Measurement Units in India
- Determination of Real Estate Returns
Negotiating and Closing the Deal
- Informing Clients (and Yourself) of What Happens Next
- Advancing or Accepting an Offer
- Presenting a buyer’s low offer
- Receiving a buyer’s low offer
- Taking the insult out of an insulting offer
- Getting beyond emotion
- Turning concessions into victories
- Dealing with I win/you lose clients
- Working with a Closing Team
Client Retention for Life
- Achieving Relationship Excellence
- Leveraging your client relationships
- Defining your service standards
- Life after transaction
- Creating After-the-Sale Service
- Establishing an ongoing communication strategy
- The problem with commissions
Real Estate Legislative Issues
- Various Laws Involved in Real Estate Transactions
- Land Related Laws
- Environment laws
- Construction Laws
- Registration Laws
- Labour Laws
Transfer of Property: Legal introduction
- Transfer of Property Act, 1882
- Immovable Property
- Transfer of Property
- Verification of document of title
- Operation of transfer
- Lis Pendens
- Registration Procedure
- Land Titling Bill-2011
- Transfer of immovable property and FEMA
Agreement to sell an immovable property
- Scope
- Execution of Incidental Documents
- Registration of Agreement to Sell
- Stamp duty payable on Agreement to Sell
- Suit for specific performance of an Agreement to Sell
Sale of Immovable Property
- Sale
- Price/Consideration
- Rights and Liabilities of the buyer and seller
- Stamp Duty payable on Sale Deed
- Registration of Sale Deed
- Sale by Auction by the Order of the Court
- Sale of immovable property and Income Tax Act
- Sale and FEMA
Mortgage
- Prerequisites of Mortgage
- Types of Mortgages
- Repayment methods
- Interest rate deals
Lease of immovable property
- Execution of Lease
- Rights and Liabilities of the lessor
- Rights and Liabilities of the Lessee
- Termination of lease
- Registration of a Lease Deed
Other Modes of Transfer of Property
- Gift of an immovable property
- Exchange as a Mode of Transfer
- Transfer of Property by Inheritance
Other Regulations in Real Estate in India
- Land Acquisition Act, 1984
Important Documents & the Registration Process
- Documents that need compulsory registration
- Authority where documents are to be Registered
- Papers/documents/fees required for the Registration Process
- Criteria for deciding the Case
- Due Diligence for acquisition of property
- Model Real Estate Law
Technology and the Real Estate office
- Computer Hardware
- Computer Software
- Internet Tools for Marketing and Communication
- Security and Computer Protection
- Determining Office Technology Requirements
Personnel Management & the Real Estate Business
- Job Analysis
- Recruitment of Job Applicants
- Personnel Selection
- Training and Development
- Performance Appraisal
- Compensation and Incentive Plans
- Sales Compensation
RERA
- Project Registration
- Promoter Functions and Duties
- Allottees Rights and Duties
- The Real Estate Regulatory Authority
- The Real Estate Appellate Tribunal
- RERA Offences, Penalties And Adjudication
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