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Monthly Archives: June 2016

How to Pick The Right Real Estate Agent?

Whether you are a buyer or seller, here are some ways you can find out more about the agent before you hire:

Check the licensing:

States have boards that discipline and license real estate agents in a particular state. Check if the person is licensed or not and if there’s any disciplinary actions on complaints. Search information posted online can also be referred.

Converse with recent clients:

Ask the agent to provide a list of what has been sold and listed in the past few years along with the contract information.

Select the winner:

Please check whether the agent has enough credibility or not. If the person has won any sort of award or recognition or designation, then nothing like it.

Research on how long the agent has been in this field:

How long the agent has been working can be easily found out either from the state licensing authority or from the agent himself/herself.

A couple of years indicate the person is learning on you and that’s not recommended.

After all what you might be looking for is someone who’s actively engaged in a particular area with a certain price range. You might also want to know what kind of market presence they have and what kind of knowledge they can demonstrate.

Inquire about other houses for sale nearby:

A good agent is supposed to have a fair idea about other area properties that are available. You can test the person by mentioning a house in your area that’s been sold recently all is up for sale. If the agent is able to give you at least a few details, that means he or she actually knows the area well.

Check out the current listings:

There are 2 ways to do that.

One, the agency’s own site. Secondly, website(s) that might compile the properties under the ‘Multiple Listing Service’ into a searchable online database.

The majority of the buyers starts their search on the internet. Obviously you would want an agent who is able to use that tool effectively.

One can also check out on how closely the agent’s listing(s) mirror the property that you want to sell or buy. You can also check whether they are in the same area, has a similar price range and whether the agent has adequate listing(s) that indicate a healthy business? However, not so many that you become just a number for that person.

Also, given below are a few red flags to watch for choosing a real estate agent:

*The agent proposes a higher price for the property.

*Is a relative.

*Charges a lower commission.

*Is engaged in real estate as a part timer.

*Doesn’t know the real estate landscape of the neighborhood very well.

*Doesn’t usually deal with the type of property you are looking at.

*The agent’s face appears on online listing(s).

*Doesn’t usually work in the price range you prefer.

*Is a poor negotiator and is unable to keep up with transaction details properly.

Real estate agents are an essential part of a property deal. So, PLEASE DO NOT rush through the process.

4 Tell-tale Signs That You Are Destined to Work as a Real Estate Agent

After spending countless years working with sales agents and witnessing their rise and fall, I now believe that a career in real estate isn’t for the faint of heart. With cutthroat competitors ready to pounce on potential clients, the industry is pretty much like the corporate world’s Hunger Games counterpart; only with smartly-dressed tributes. Now, if you’re wondering if you can survive and excel as a sales agent, look no further. This brief guide is here to help aspiring real estate specialists decide if they are cut out for this battle.

Real estate specialists are:

1. Deemed as the Mr./Ms. Congeniality of the business world.

It’s a no-brainer that being agreeable and savvy with words is a characteristic that every agent should posses. As a job that requires one to interact with different people, a person looking to dwell in real estate must be a true blue extrovert. However, it is also not too late for aspiring agents who are on the modest side. After all, social butterflies can be both born and bred.

2. Invulnerable to rejections

No matter how suave an agent is, there’ll always be objections and moments where they get a cold, hard ‘no’ for an answer. Getting a career in sales, particularly in real estate will cultivate an individual emotionally by providing plenty of occasions where they have to deal with rejections. It’s inevitable, pretty much like winter after autumn. A renowned guest speaker once said that sales is a numbers game where an agent has to try a ridiculous amount of times before he finally gets it right. It’s true. It all boils down to the courage to get up and try again.

3. Their own boss/their client’s attendant

Aside from being in control of their own schedule, property sales specialists get to enjoy the freedom over how much moolah they can make. But down the road, they realize that being in sales doesn’t make them the total overlord of the trade. The truth is, the client is in charge and to assure the overall welfare of the business, the boss’ needs and demands should be brought center and upfront.

4. Go-getters

In this industry, an agent doesn’t get the privilege to choose between the role of chasing and being chased. In fact, it will always be the agent who will do all the chasing. And in a market filled with cutthroat competitors, holding down a potential client is no joke. A sales pro in the making should be courageous, has genuine passion for what they are doing, and is willing to go lengths to reach their goals.

These traits are the perfect ingredients for success in the real estate industry. What’s even better is that anyone can acquire these if they choose to, it may be difficult but certainly not impossible. Gain the courage to reach your aspirations today, turn your dreams into reality, and start counting your victories.

Gurgaon The Most Ideal Real Estate Investment Opportunity

As one of the most sought after destinations when it comes to commercial and residential real estate, Gurgaon has witnessed an influx of potential buyers. With Delhi rapidly filling up, many people have shifted their focus to Gurgaon. Developers are looking at Gurgaon are strategising and planning projects that will encompass tall buildings, wide and large roads, and malls and shopping complexes.

Over the years, Gurgaon has become a hotspot for real estate – both residential and commercial sector. With finance pouring in from the government and other private industries, there is a great amount of planning to make Gurgaon a popular hub for real estate. Moreover, a significant in the employment and business sector has occurred in the city in the recent past; which has been one of the largest governing factors for the increase in the prices of property. Through a massive number of projects coming in, several people have invested in properties.

What Gurgaon also benefits from when it comes to real estate is additional features like security, private parking and open terrace and lawns. Buyers have been attracted by beautiful plots, located at ideal locations and within close proximity to landmarks, in South City. According to, Gurgaon has acquired the status of being an ideal city that people have, and should, invest in. Some of the factors that have contributed to this include appreciation process, high level of security and rental income.

From the statistical point of view, Gurgaon has revelled in the growth of its real estate sector. since 2008, there has been a 28 percent growth in properties near NH 8, one of the principal factors to have helped Gurgaon catapult to its real estate glory, notes. While the projects that were previously sold at Rs. 2400 to Rs. 2550 per square feet now fall in price range of Rs. 5000 to Rs. 7000 per square feet. There has been an increase in properties along the Dwarka Expressway as well. Citing a 25 percent increase, the properties that were priced at Rs. 2700 to Rs. 3100 per square feet increased in 2012 to Rs. 4500 to Rs. 6000 per square feet. Moreover, properties on Golf Course road have risen by 16 percent, and those on the Golf Course extension road have escalated by as much as 31 percent.

The advent of monorail has been another significant attribute that has caused the increase of property prices in the city. The rental values have gone up by 20 percent. The future looks bright for Gurgaon, as more builders in Gurgaon are building projects and attracting buyers.

With the best of luxury, hospitality and sophistication, Uniworld Resorts in Gurgaon offer apartments that are not only affordable but meet the standard of living as well. The apartments offer added benefits like close proximity to NH8. With plot size of 420 square feet, Italian marble and hardwood flooring, golf parks and landscaped greens and terrace an lawns are what make Uniworld Resorts the most coveted real estate brand in Gurgaon.

A Platform All Set to Innovate Real Estate in India

The economy of any country is dependent upon every of its sector to a great extent. One of such sectors is real estate. It is considered as among the biggest drivers of the economic growth in a country. In India, real estate has been placed as the second-employment generating sector after agriculture. Not only it has been contributing to a high level of employment, it has also been responsible for stimulating demand in various industries such as steel, cement, brick, paint, consumer durables, building materials and so forth. Let’s have a look at some of the recent developments in the Indian real estate sector:

The Dark Days

The real estate industry in India has been experiencing various ups and downs since 2005. As a result of the implementation of FDI (Foreign Direct Investment) in the sector, all the investment and developmental activities experienced a boom. It was followed by the entry of domestic companies along with the arrival of big foreign players including development companies, pension funds and private equity funds that were lured by high level of ROIs. However, by the mid of 2008, when the world was facing a drastic economic slowdown, its results were visible in the Indian real estate sector. Consequently, there was a drastic decline in the FDI inflow to the industry and what had emerged as one of the favorable markets for foreign investors underwent a major downturn.

The Days of Transition

Amid the recession, various organizations and platforms have been trying to come up with different ways to bolster the real estate sector in India. One of such revolutionary platforms is Bidding house. It has arrived to provide properties at a cost-effective rate at the time when the sector is undergoing through severe recession and inflation.

It can amaze anyone that how can any organization provide properties at economical rates during such adverse timings of inflation. However, Bidding house has come up with an innovative process to cut down costs in various types of available properties. In order to provide finest deals, it has partnered with various big players in the market, including DLF, Adani, TATA, and Lotus Greens among others. As an effective alternative, Bidding house has come up with a method in which it would purchase a multiple number of properties from its partners in a lot system. Following the process, all the properties will be made available to users at unmatchable prices.

Bidding house is not only for buyers, but, sellers, brokers and real estate agents will also be provided an exposure to a wide base of customers and audience all around the country. Hence, anyone can reap a broad range of benefits with the use of just a single platform.


The real estate sector may have been going through a phase of downfall, however, there is a platform which has arrived with a goal to meet all the property requirements of every user in India.

With Bidding house, all the cash buyers, investors and first time buyers can easily purchase the property of their dreams and carry out their various real estate process.

Corporate Real Estate Occupiers are Aggressive on Expanding Offices in India

Recently, a popular property consultant firm conducted a research on mid-sized corporate real estate occupiers during the period June – July 2015, and gathered the responses of leading corporate firms headquartered in India and overseas. The research report says that, corporate real estate occupiers seem to be very aggressive in occupying office spaces across India.
Basically, the survey pointed to the choice of work space being progressively driven by the three main objectives; they are Talent (availability and cost), Infrastructure (social and physical) and Real Estate options. It has to be noted that the survey respondents included the corporates based across different industries and the representatives of typical Indian office space occupiers.
Below mentioned are a few key findings of the research:
The corporate occupiers in India are more likely to adopt the workplace strategies. The survey also revealed that the occupiers are being very efficient and are more inclined to adopt the efficient strategies, with most of the corporates mainly preferring to adopt open space workstation formats.
The leading corporate space occupiers continued to occupy the core locations and central business districts of major cities. The study also explored the preferences of the respondents across various occupation options, and the result indicated that, almost about 75% of the respondents preferred to lease, pre-lease or purchase the space within the prime locations of the cities.
IT/ITeS companies are planning to expand their operations across major cities in the southern part. The respondents of other key sectors like ecommerce firms, health care and others preferred Mumbai and Delhi NCR for their future expansions.
Office space occupiers across the leading industry segments were asked to chart out the direction in which they want to expand their office over the next two years. The results indicated that, most of the IT/ITeS firms (almost about 70%) of the respondents are more likely to expand their operations in Bengaluru, Hyderabad and Chennai, while the ecommerce and media firms chose to expand in Mumbai and Delhi NCR in the next two years.
Corporate Real Estate Occupiers are Aggressive on Expanding Offices in India
Corporate Real Estate Occupiers are Aggressive on Expanding Offices in India
Corporate Real Estate Occupiers are Aggressive on Expanding Offices in India
It’s expected that the headcount of corporate offices will increase in the next two years as most of the respondents seemed to be very aggressive on expanding their operations in India. Almost 80% of the respondents from the sectors like IT/ITeS, consulting, research, ecommerce are planning to increase the employee headcount in the next two years.
Many respondents were comfortable with the corporate real estate strategies of expanding their operations within the existing markets. The above mentioned key findings clearly indicate that the occupier sentiment is highly positive towards the business environment of India for the next two years.