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Unequal division of
inheritance & Women's right to property in India |
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Mr. Jojo Billimoria
started his career in an ad agency. But was always
fascinated by buildings and real estate. Fed up with
his job he started to assist a friend in selling a
commercial building in suburban Mumbai, which has
the capacity to have more than 500 offices. To his
surprise one deal fetched him a percentage that was
so enviable that he decided to chuck his career in
the ad agency and start life as a real estate agent.
He asked his friend to help in the new career that
he picked up. This was about fourteen years ago when
real estate was not so much of an industry to reckon
with as it is today. Today of course it offers much
more job opportunities to youngsters. Back then it
was very conservative and difficult to survive in.
Today if someone wishes to make a full time career
as a real estate agent or a broker, it is one that
gets opportunities. Being registered to the
associations in the city helps a lot. It gives a
proper license to operate with fewer hassles. As an
agent one can make money the hard way by cracking a
deal which is beneficial to the buyer and the
seller. As the real estate industry is doing quite
well agents are as much in demand. Those who have
been selling property for a long time tend to get
better responses, as they know a lot abut the
industry. Sometimes builders appoint agents to
canvas for their properties exclusively.
A Parsi lady in Wanowari, Pune deals only for one
builder group who sells service flats to foreigners
and NRIs. She herself lives in a beautiful one-story
bungalow of the same company. And business is good
despite she has never got any training for the job.
Her personal experience staying in a home built by
the developer encourages the others to buy! Real
estate agents are known to deal in much more than
just buying and selling property. Some have extended
their services to helping people get lawyers for
doing stamp duty, registration fees and getting
consultants dealing in Vastu, Feng Shui, designing,
etc as part of their existing portfolio.
True, in India it is very difficult to find a proper
and professional real estate agent but with the
competition and awareness amongst the buyers, and
the knowledge that they themselves have most real
estate agents is required to go that extra mile to
have an edge. A real estate agent is like a
relationship manager with good marketing skills. If
he is service oriented and honest he can also build
up a team zone wise and get affiliated to right
organizations to get the maximum out of his job.
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Residential Properties |