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The property market is one of the most exciting places to be in right now. With successful vaccination programs spurring the return to normalcy of sorts, and the strong job markets with hiring on high, serious home buyers are back in the market. This is the time like no other for aspiring realtors to get into the game.
So, how do you get to be a successful real estate agent in a huge industry with several established players? We give you a few tips.
Role of a real estate agent
It is important to understand what your areas of function as a real estate agent are. You are the single point of contact between a developer of a project – commercial or residential – and a buyer. This means, you will not only sign an agreement with a developer to sell property or properties in the project owned by the developer, you will also be required to handle the legal paperwork with both parties. You will also be able to earn a commission from both parties once the formalities of the transaction are in order. In  India, real estate agents earn 2% of the deal value as their commission also referred to as brokerage charge. So, if for example, you have closed a deal of Rs 1 crore, you would earn Rs 1 lakh from the buyer and Rs 1 lakh from the developer or seller.
Learn the reality of realty
One of the first things you must do as an aspiring real estate agent is study the property market in the city. By this, we don’t mean ‘armchair homework’. You must get out there into the real world of realty to know the pulse of the buyers and the developers.
Study the upcoming locations and the surrounding infrastructure, connectivity, basic amenities, etc. For example, if there’s a new Metro rail line planned in a certain area, you must know the entire plan of the routes and the timelines of the project completion. Similar to a tourist guide, a real estate agent must know the history of the city and the neighborhoods.
For instance, if you plan to be a real estate agent with HM Constructions https://www.hmconstructions.com/ you must know the rich history of Fraser Town where the leading developer has their prized, globally awarded project HM Grandeur https://www.hmconstructions.com/projects/details/hm-grandeur .
Know the price appreciation
When you study each location of existing and upcoming projects, you must also know the Guidance Value of the place and the per sq ft rate each project is selling at. This way your potential customer will know that you are not trying to sell them a home that only you are interested in making a sale of, but instead, giving them a plethora of options to choose from.
You will be able to win their trust if you tell them exactly what kind of price appreciation potential their home could give them as an investment or as a future home for their own use.
Choose your partner developer
This is another crucial aspect to consider when you opt to be a budding real estate agent. Partnering with not only leading developers but also those with a successful track record in delivering their projects to customer satisfaction is vital to your career in realty. This will be beneficial to your rise as a successful and trustworthy real estate agent in a world of client satisfaction and referrals. A happy customer means good business as they will refer their friends to you.
The HM Group stands out from the rest in its league through empowering strong relationships with a large network of agents and brokers globally. The Group has added more than 650 new members this year. Their unique Nucleus initiative is a hub of people, resources, and offerings brought together to give you everything you need to build and deliver successful real estate solutions for your customers- be it luxury homes, offices or retail.
HM Constructions invests in you
The resources, programs and tools HM Constructions offer help you train your team, build innovative solutions, differentiate in the marketplace, and connect with customers. Through their periodic Open House Sessions, Bootcamps, Individual training, Soft skills programs, and Product Awareness Enhancements programmes, the Group equips its partners with the skills to address any customer scenario.
Rewards & Recognition
HM Constructions believes in suitably rewarding the contributions of their sales partners and real estate agents network, who cumulatively contribute to almost 30 per cent of the sales of apartments and almost 90 percent of leasing of their spaces, across their portfolio.
As Channel Partner of HM Constructions, you get to enjoy the following privileges and perks:
- Priority access to information of new launches and new releases
- Higher commissions
- Special seasonal schemes and offers
- Exclusive Support Associate at every step
- Regular updates of the availability and other roundups
- Designing of digital campaigns
- Regular FREE Training programs
Be a registered RERA realtor
The Real Estate Regulation Authority (RERA) came into existence in 2016 with the purpose of bringing in transparency and accountability in an unorganized industry of real estate. Being a registered RERA agent means adding the badge of credibility to your profession as a real estate agent. Only a RERA authorized real agent can sell any real estate project where the area of development exceeds 500 sq. meters, or if the number of apartments developed is more than eight in number.
As you look for a lucrative career in realty as a successful real estate agent, remember to be associated with top, established developers like the HM Group https://www.hmconstructions.com/where you get a gamut of luxury residential properties at HM Tropical Tree https://hmconstructions.com/index.php/projects/details/hm-tropical-tree at RT Nagar, HM Grandeur https://www.hmconstructions.com/projects/details/hm-grandeur at Fraser Town, HM Indigo http://hmindigo.co.in/ on Kanakapura Road, HM Symphony and its super luxury HM Concord on Sarjapur Road, to make the best beginning.
Call us on 888 022 5555 to know more about our projects.