In the present world, India is emerging as a business location, particularly in the service sectors. Its favourable demographics and strong economic growth has made the country an attractive place for property investors. Today, one of the group in the real estate sector that is determined and chiefly increasing its business development in these demographic trends is RE/MAX India. It is an able organisation to offer unprecedented levels of customer service and provide access to real estate resources.
- Kindly explain about your organization
RE/MAX, India’s No. 1 Real Estate Network since 2009, has a world-wide success phenomenon in many countries and has played a pioneering role in shaping the unorganized real estate market across the world. Our unique concept combines maximum commissions and the best support services to attract top agents, and is continually increasing the number of new entrants to the real estate business.
At RE/MAX, our agents share office overheads, pay a small management fee, and in return receive a wide variety of real estate services like world class office facilities, international as well as national referrals, high commissions, benefits from national & region centric advertising campaigns, superior training & certification, professionalism and growing market share.
We also blend the administrative skills of our franchisees and the sales skills of our Broker Associates and create an organized and unparalleled professional framework, where our consumers would not only be able to buy/sell/rent/lease residential & commercial real estate but also find financial and legal assistance under one roof.
- Briefly tell us about the CEO / Director / Founder of your company and his contributions towards the industry?
An Ingenious Persona – Yatin Sharma, COO at RE/MAX India, has 22 years of inspiring success driven career across Telecom, Real Estate & IT sector. He was involved in running company’s wide operational functions and leading large scale teams & projects from inception to successful completion across organizations.
Yatin has been known as a ‘Launch Expert’ having lead teams and been part of ones which launched Paging services, Online Insurance, Mobility & IT operations across India/Indian States. He is also well-versed in various fields including sales strategies & operations, cross functional team management, marketing, cost management, IT systems & project delivery processes including CRM. He is a strong believer in the use & impact of technology in capturing & analyzing ‘Human Effort, Efficiency & Business elevation.’
Yatin is a fabulous mentor who gives independence to his team simultaneously ensuring that execution happens as expected. He is someone who is focused on numbers without losing the sight of the larger picture. He is indeed a good human being who is really interested in team members’ grooming and well-being.
- Explain us about the current scenario of real estate from your point of view?
Announcements like Smart Cities, RERA, Housing for All and GST will bring Indian real estate at par with the global cities. If you see, major cities like Delhi, Mumbai, Bangalore and Chennai, are where people wish to come for better opportunities and these cities don’t have the requisite infrastructure to cater. With the smart cities coming around these major cities, it will help in providing better infrastructure and more people would get better prospects.
Every sector or industry has a regulatory body, so it’s high time that the real estate sector should also have its regulatory body as provided in RERA. Similarly, Housing for all is a bold move by the Prime Minister considering that major chunk of the population is under poverty line and lives in unorganized sector. But to realize it, the real estate sector should get an industry status to avail cheaper loans, should be provided at lower rates and housing can be built through a PPP (Public-Private-Partnership) model. GST will help in bringing down the cost to the companies as lot of manpower is used in the accounts department and it’s also takes lot of time. Though, the effect of GST will be clear once the notifications and rulings are out.
- Kindly tell us about the services provided by the company to withstand the competitions?
Our mission at RE/MAX India is to develop a premium quality real estate system in providing sustained value to end users and community by consistently delighting the customer with best-in-class service through a superior broker network and an empowered and energized work force.
- What are the distinct services that benefit your client base?
Being a certified and licensed real estate broker network in the market, we value our clients’ needs and property requirements and fulfill them by providing transparent, trustworthy and expert services. At RE/MAX, we just don’t believe in servicing our customers but “delighting them”. Hence we constantly train and up-skill our agents to provide professional services and create a distinct niche for themselves through customer centric business appeal. We at RE/MAX originally stand for Real Estate Maximums – Maximum implies to satisfaction for clients, agents, and franchise owners. Our RE/MAX worldwide phenomenon is based on our ground-breaking principle of boosting “earning potential by facilitating affiliated self-employed entrepreneurs to retain the majority share of commissions on their individual sales”. With an unsurpassed support structure to back them up, we produce highly motivated Broker Associates who invest their maximum effort in ensuring a deal closure.
- How do you see the industry, yourself and the company in the near future?
The real estate sector is one of the most globally recognized sectors. In India, real estate is the second largest employer and is slated to grow at 30 per cent over the next decade. It is also expected that this sector will incur more non-resident Indian (NRI) investments in both the short term and the long term. We have exclusive future ahead as with growing nuclear families, working women, high disposable income and lower age group first time home buyers entry in market has changed the outlook of the real estate market. Affordable housing has bought in new purchasing power of the customers. With RERA coming in real estate market is now becoming more of transparent for buyers, sellers and brokers. Cities like Bengaluru is expected to be the most favoured property investment destination for NRIs, followed by Ahmedabad, Pune, Chennai, Goa, Delhi and Dehradun. The Indian real estate market is expected to touch US$ 180 billion by 2020. Housing sector is expected to contribute around 11 per cent to India’s GDP by 2020 which not only gives positive aspect to future real estate but also for us at RE/MAX.
- Tell us about the achievements gained by the organization over the past years?
Over past years RE/MAX has grown in India with RE/MAX rising to five spots to finish fifth, the highest ranking it has ever achieved in the survey according to Entrepreneur. RE/MAX Agents on Average Outsold Competitors by More than 2:1 in Survey.
