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RE/MAX Realty Review

March – April, 2014

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From the Chairman’s desk Like every year, the RE/MAX Realty Rendezvous has left my team and me energized and motivated to make 20142015 a super productive year, one of the very best that we have had so far in RE/MAX and the reason for that was meeting all of you, spending time with the Regional Owners at the Regional Owners Review Meet, seeing all the top performers pick up awards at the Night of the Stars, having a fun-filled evening with all of you at Vishala and lots more. The team and I would like to thank each one of you who joined us at the convention and we wish all of you all the very best for this year and I would like to extend a very special thank you to Manan, Aashil, Pranjal and their team for hosting a great convention; Chip Brekken for taking out time to be here with us at our convention and leaving us motivated and Jeff Scislow, our special guest for spending some quality time with all of us.

RE/MAX India will be an accountability partner for each of its regions’ and will be working closely with them to help them achieve their goals, the Regional Owners will be accountability partners to each of their Broker Owners’ and so should a Broker Owner be their Agents’ accountability partner. Whether you a Regional Owner, Broker Owner or a Broker Associate, get your business plan and then let your Accountability Partner motivate and lead you to the successful completion of your annual goals. With the final results of general elections in, one can feel the winds of change and the “wait and watch game” in Real Estate will be put to rest, market sentiments are bound to get affected and our industry will definitely be looking forward to a feeling of potential optimism. All in all, we are looking forward to a highly productive and profitable year and all of us together will have to make it happen!

We have had a great beginning to the year with new Regional Owners, Franchise Cheers! Offices and Agents joining hands with us across the country, in fact the 5th RE/MAX Realty Rendezvous itself witnessed a good Regards number of signings. This is just the Sam Chopra beginning and we at RE/MAX India are looking forward to a great 2014-2015, this year is going to be all about working with “Accountability Partners”;

Content:

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1) From the Chairman’s Desk

2) From the Vice Chairman’s Desk

3) Events to Look Forward to

4) News from RE/MAX India

5) Highlights -5th RE/MAX Realty Rendezvous 6) Anniversaries of the Month

7) Press Buzz

8) News from RARE

9) What’s new in Marketing & Social Media

10) Innovative Marketers & Self Promoters

11) News from the Regions

12) News from RE/MAX, LLC

13) Heroes of the Month

14) Top Listings

15) Heroes of the Year 2013-2014

16) Realty Bytes

17) New Broker Offices & Broker Associates


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

From the Vice Chairman’s desk In RE/MAX, we believe that the road to success and the solution to every problem lies in making a sale and it is a treat to see that the last two months have been an eventful couple of months for all our regions across the country with RE/MAX Delhi NCR, RE/MAX Pune, RE/MAX Haryana, RE/MAX Punjab conducting Discovery Days in their regions to look for prospective franchises and agents and RE/MAX Hyderabad participating in the FRO held in Hyderabad. This belief holds true for all our Franchise Owners & Agents as well, your road to success lies in recruiting an agent and doing a transaction!

RE/MAX India & RE/MAX LLC will make sure that we continue to provide you with the best tools and support system to help your business. So, go ahead and use all the tools and support to the optimum. I would like to congratulate all the Heroes of 20132014 and the top performers of the month of April. I would also like to make a special mention of Jaydip Mehta, RE/MAX Advantage and RE/MAX Property Services for making it to our special section for innovative marketing and self promotion, congratulations and keep up the great work! RE/MAX has definitely changed each of our lives for the better, let’s all of us take an oath to change the lives of some more by getting them to join the RE/MAX network! Let’s follow the slogan we spoke about at the last convention – Each One Kheech One! Our biggest strength as RE/MAX lies in our Network and we all owe it to ourselves to build it together!

After a re-energizing experience at the convention, the team has come back all geared up to work with all of you to make 2014-2015 an year to remember. This year, you will see the team under the able guidance of Manpreet, mentor and coach you to success and you will also see us taking our training and other tools to the next level. With our Alexa rating changing drastically, with RE/MAX India Happy Selling & Recruiting! signing up with a SEO company, RESAAS being launched at the global level, our partnership with Regards propertywala.com, the launch of our full fledged Saloni Chopra Agent training program…


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Events to look forward to in May & June!

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RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

News From RE/MAX India

Here we grow again!

RE/ MAX joins hands with K. Balaram Praveen & Atul Kumar Jain as the Regional Owners of RE/MAX Greater Vishakha. We wish the two of them all the very best for their journey with RE/MAX, with them at the helm of our regional operations in Greater Vishkha, we are sure that RE/MAX will gain strong foothold in the region!

Quality time Spent with Chip at the National Headquarters

RE/MAX India would like to express gratitude to Chip Brekken, Director - Global Development for having taken out exclusive time for the RE/MAX India team and inspiring all of us at the Headquarters to achieve our goals for the coming year. We truly appreciate and value everything that was learned from the time spent by Chip and will be looking up to him for constant support and mentorship in the coming times.

Quality time Spent by Chip with the Broker Owners and Associates of RE/MAX Delhi NCR Region

The region of RE/MAX Delhi NCR enjoyed the added advantage of getting trained and mentored by Chip Brekken during his visit to the RE/MAX India Headquarters. The exclusive training session given by Chip seeped in new enthusiasm and spirit in the team and everybody went back home pumped up to achieve their set targets for the year.


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Franchise Sales Workshop

With franchise sales being the back bone for any region to be successful, RE/MAX India is committed to make efforts that contribute to the growth and expansion of it’s regions through sales and in order to kick start the year by training and mentoring, a franchise sales workshop was conducted which aimed at equipping the trainees with the requisite knowledge and practical training required to proceed and succeed and in franchise sales. The workshop was conducted at the RE/MAX India Headquarters with Puneet Verma, Sahil Kapoor and Anmol Aggarwal as the key trainers. The workshop had a good number of Franchise Sales Consultants from RE/MAX India and RE/MAX Haryana in attendance along with C K Taneja, Regional Owner of RE/MAX Haryana, the attendees went back armed with not only theoretical but practical training as well. We wish them all the very best in selling and growing their regions!

5th RE/MAX Realty Rendezvous - A myriad of events that had the attendees’ up skilled, motivated and pumped up! 90 minutes with RE/MAX The RE/MAX India team kick-started the 5th Annual Convention with a “90 minutes with RE/MAX” session. The session was conducted by Vice President, Franchise Sales – Puneet Verma who did an excellent job of presenting the RE/MAX opportunity and getting the audience excited about RE/MAX. The attendees would have certainly felt the energy and passion embedded in a RE/MAX gathering, the prospects also got an opportunity to spend some quality time with RE/MAX representatives.

Glimpses from the “90 minutes with RE/MAX” session Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Pre- Opening General Session The Pre-opening General session had Chip Brekken take a session on “Who, Why & What RE/MAX” which had each and everybody in the audience getting reenergized, recharged and realigned with their reasons of joining RE/MAX. The session was then concluded with a presentation on “The RE/MAX Compound Effect” by Manan Choksi which helped drive home the point that “There is no Quick Fix to success” and it has to be one step at a time.

Glimpses from the Pre-Opening General Session Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Fun Evening at Vishala Living up to its tradition of getting the Affiliates to have a good time on Day 1, the 5th RE/MAX Realty Rendezvous hosted its fun evening at a traditional Gujarati venue called Vishalla. With its village style ambience, traditional dance garba and the Gujarati food, the RE/MAX family enjoyed the completely relaxed atmosphere and had great fun together!

Glimpses from the fun evening at Vishalla! Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Opening General Session by Sam Chopra, Chairman RE/MAX India followed by Speaker Sessions & Panel Discussions! The Opening General Session started with an address by the Chairman where his topic “Lead by example” had everyone delving into the basics of leadership and understanding the basics of optimizing an individual as well as teams’ performance. The day saw prominent speakers like Sapna Vyas, Jeff Scislow, Narayan Guru and Vishal Mehta talk to the audience on various topics ranging from fitness, learning tips for success, technology in Real Estate to a powerful motivational session to end the day. Overall, a day that got everybody thinking, planning and raring to put into implementation their learnings.

Glimpses from the Opening General Session! Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Signing Ceremony of New Affiliates It is believed in RE/MAX that if you are thinking of joining RE/MAX, your are weighing the pros and cons, you are still considering, then all you need to do is attend a RE/MAX Annual Convention and let the convention help you make the decision. This is exactly what happened with 7 prospects that joined the RE/MAX family by signing up with us right before the “Night of the Stars” at the convention itself. RE/MAX India would like to extend their heartiest congratulations and a very warm welcome to all the new Affiliates who joined us and we would like to wish you all the very best for your journey with RE/MAX.

Glimpses from the Signing Ceremony! Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

The Night of The Stars (2013-2014) Excellence is a potential chiseled into a more perfect state through vision, dedication and determination. The Night of the Stars saw top performing Broker Associates, Broker Owners, Broker Office Staff, Regional Owners & Regional Staff getting recognized for their outstanding performance and commitments. RE/MAX India again congratulates all the Heroes of RE/MAX India and we wish all of you all the very best for 2014-2015!!

Special Moments from the Night of the Stars Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Day 3 and the finale of the Convention! The third and the final day started with a powerful session taken by the Regional Owner of RE/MAX Haryana, C K Taneja on “How to think & Grow rich” followed by a panel discussion by the transactional veterans of RE/MAX India on “How to build your transactional niche in primary, secondary and land sales. The Regional Director of India, Manpreet Grewal took a power packed session on “Is your Network really your Networth” which got every attendee re-evaluating their networking strategies. The final session of the convention saw the leader himself talking to every Affiliate in attendance about importance of goal setting and their goals and targets for 2014- & 2015. And that is how the 5th RE/MAX Realty Rendezvous concluded and we are very sure that every attendee went back ore empowered, more motivated and more geared up to ensure profitable 2014-2015!

Glimpses from the final day of the convention! Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Business Plans 2014-15 With “Setting targets and Business Planning” being the theme for the 5th RE/MAX Realty Rendezvous, it was amazing to see the zeal and enthusiasm with each most of the Affiliates walked up to the special board at the convention venue to write down in ink what their goals were for 2014 & 2015! With this increased enthusiasm and everyone achieving their set targets, RE/MAX India will definitely have a very productive year ahead! All the very best to everyone… Let’s go ahead and grow the network!

Glimpses of Affilates penning down their targets!(2014-2015) Check our Photo Gallery on Facebook


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Special Moments from the 5

th

RE/MAX Realty Rendezvous!

Glimpses of Affilates enjoying different moments at the 5th RE/MAX Realty Rendezvous!


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

RE/MAX Anniversaries for the Month of March- April

RE/MAX India would like to congratulate RE/MAX Rest of Tamil Nadu for completing its very first successful year with RE/MAX India. We wish the Regional Owner, Raj Koneru all the very best for his incredible journey with RE/MAX and wish him many more years of Success!


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Press Buzz – RE/MAX in the News!

PUBLICATION: SMART CEO MAGAZINE

PUBLICATION: SMALL ENTERPRISE MAGAZINE


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

PUBLICATION: SAMACHAR JAGAT

PUBLICATION: POLITICAL AND BUSINESS DAILY

PUBLICATION: DAINIK NAVJYOTI

PUBLICATION: THE INDIAN EXPRESS

PUBLICATION: The Tribune


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

PUBLICATION: HINDUSTAN TIMES

PUBLICATION: HINDUSTAN TIMES

PUBLICATION: THE FINANCIAL EXPRESS


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

LINK: http://www.thehindubusinessline.com/economy/property-prices-cool-but-home-rents-heat-up/article5797101.ece

PUBLICATION: TIMES OF INDIA

PUBLICATION: POLITICAL AND BUSINESS DAILY


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

News from the RE/MAX Academy of Real Estate

RE/MAX Academy of Real Estate certifies its second batch of the “Broker Agent Management Training Program”

With a prime focus on development through training, another batch of Broker Associates graduated from the RE/MAX Academy of Real Estate. The program concluded with the trainees leaving the classroom equipped with the knowledge and skill sets required to start or enhance their career in Real Estate on the right note. So, with the objective of changing the face of the Indian Real Estate industry, we have with us yet another batch of enthusiastic professionals ready to step in the market to provide professional real estate consultancy to their clients. We at RE/MAX Academy of Real Estate wish them all the very best and are very sure that these professionals will be the “Change

Agents” the industry has been looking forward to!

Testimonials on BAMT

Monika Patni Have attended many trainings and webinars, but BAMT is a wholesome training for any newcomer and even for a person with Real Estate background. Trainers are excellent and all trainees get highly motivated through the training and come out more educated and knowledgeable after the training. Thank you all!

Niket Swaroop After training I gained a lot of confidence in the field of Real Estate Industry. I never knew before the training that there is so much to learn about this industry. I got to know about my goals and got an identity in the Real Estate market after joining RE/MAX India. Manpreet Grewal and all the other trainers as well are “POWER HOUSE TRAINERS”. I also had a great time with all my co-trainee’s and made new friends. Now I am ready to take challenges and taste the success in this competitive industry. RE/MAX is a “LIFE CHANGER” to me!

Sapna Kokal RE/MAX Training and Certification for the Broker Associates provided a wealth of information in the real estate field. The trainers and speakers were very enthusiastic and transferred their energy to their students! I feel much more confident in tackling the challenges in this new field now. I personally feel that the training is a must for anyone and everyone entering the real estate field. The tools we receive as a RE/MAX Associate are unmistakably solid!

Ila Pachauri Right from the day I entered RE/MAX premises, it has been an incredible journey with a lot of learning, knowledge sharing, fun and building of new relationships. Thank you RE/MAX in helping me discover myself. It was here that I came to know the essence of team work. Having Manpreet as our motivator was like cherry on the cake! And yes the cake would not have been there without the valuable sessions by Vikas, Sahil and Anmol. Thank you all! Himanshu Saini RE/MAX training programs are a must to do in case you are planning to join Real Estate Business. These programs nurture you and give you an edge over the other Realtors. “BE Professional, Be RE/MAXIAN”

Manish RE/MAX Academy is unique in itself. There are high level and highly qualified trainers. Especially Manpreet Grewal is an awesome trainer. Everyone is very polite and very helpful. I really enjoyed the training and learnt a lot of things. I personally feel that Vikas Tawar is a very nice person and has a lot of knowledge about the industry. He is very helpful to everyone! Jaya Training experience at RE/MAX was a very good and a great learning experience. I got to learn a lot of new things through the program.


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Completion of the first batch of Continued Agent Training Program The month of March also saw RARE certifying its very first batch of TAP trainees on their level 2 certification called the “Continued Agent Training Program (CAT)”. CAT is a six weeks practical training session which aims at equipping an Agent with hands on experience of Real Estate under the able guidance of the trainer as well as their Franchise Owner, this training included networking with other RE/MAX brokers and associates to studying of the land laws, database building, visiting project sites to gain an in depth knowledge, doing listings, marketing listings, usage of RE/MAX technology to gaining an in depth knowledge of the topics like RERA, Exclusive Mandates and so on. With this attempt of converting all the learnings into action, the trainees from the Broker Associate Management Training Program had put it a lot of hard work and effort to earn their certifications. We wish them a very bright career ahead!

Franchise Owner Management Training

The month of April ended with new Franchise Owners getting trained at the National Headquarters to gain an in-depth knowledge of how to run a successful RE/MAX Franchise with emphasis on important topics like recruitment and retention of agents, office budgeting, business planning, usage of technology and other tools of RE/MAX and so on. RARE would like to wish each one of them all the very best and we are very sure that with all the new lessons learnt, the Franchise Owners will definitely exceed our expectations and make their offices a success!

National Webinars

RARE believes in taking training to the doorstep of each of its Affiliates and keeping up with its monthly tradition of doing online training sessions that can be accessed from anywhere, a series of webinars covering topics like “Working with Buyers”, “Search Engine Optimization”, “New Joinee Webinar” and “Seller and Buyer Mandates” were conducted. The dedicated efforts of the RE/MAX Academy of Real Estate turned out to be fruitful with the increased participation of Affiliates from all over the country in all the webinars. We are committed to constantly educating and up skilling you, so stay tuned for information on our webinars!


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Check out what’s new in Marketing and Social Media at RE/MAX India

Partnership with PropertyWala.com

RE/MAX India has partnered with PropertyWala.com, one of India’s leading portal for Real Estate buyers and sellers. With this, we have added one more portal in our list wherein all our listings will automatically get exported and posted on their website. This has been done only to add to the unmatched exposure that the property listings on remax.in! Our review of the feedback received from all of you for this partnership has been very positive and we are hoping that all of you take this ahead and make it successful!

National and International Ranking of “www.remax.in”

Greta news!!! Now we have a reason to list more Properties on our website www.remax.in as we are getting a steady increment in our Global and Indian Ranking since we started our SEO efforts in January 2013. With our latest tie-up with an External SEO agency, we are standing on 10,979 as of now.

Signing with Techmagnate

To further our in-house efforts on Search engine optimization for remax.in, you will be pleased to know that RE/MAX India has signed up with TechMagnate to take its SEO efforts to the next level. . With search engines being one of the most effective ways to get your website noticed by potential buyers, RE/MAX India is looking forward to seeing some great efforts and great At Global level, the rank of our website on 18th Jan 2013 was results from this signing. 286,994 and at National level the ranking was 30,099. So, what are you waiting for? List more and sell more!!!

Techmagnate is known to be one of the India’s top Search Engine Optimization Company. With the help of their SEO services, we will be improving the website ranking and thus get more exposure to the property listings. This will be helping in our web promotion strategy and will ultimately create a good online presence!

Listing of more properties on the website will attract more number of leads and hence will facilitate more Transactions. So let’s all of us work together to generate more business! (High Website Rank + High number of Property Listings = High number of Transactions)


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Innovative Marketers and Self Promoters! In RE/MAX, we believe in innovative marketing and self promotion and we see our Affiliates around the country create a niche for themselves doing this! The development team at RE/MAX India went scouting for some of the most creative, innovative and effective marketing activities done by our Affiliates and through this section, we proudly share with you the ones handpicked by us!

RE/MAX Realty Solutions, Kolkata

Jaydip Mehta, Broker Owner from RE/MAX Realty Solutions, Kolkata is a member of BNI, a business and professional referral organization. The best part of BNI is the fact that it allows only one representative from each trade or profession to join a chapter. With its unique platform that integrates face to face networking with businessman in around 51 countries, Jaydip used this platform effectively to market and promote his projects so as to get business as well as referrals for the same! RE/MAX India wishes him all the very best and expects him to keep growing and promoting with the same enthusiasm!

Team RE/MAX Advantage

RE/MAX Advantage, our top performing office in the country has always worked towards creating a niche for themselves through their innovative marketing activities. From innovative classified advertisements, recruitment advertisements, conducting home buyer seminars, innovative mailers, newsletters, personalized notes for clients, personalized mugs, calendars, creative facebook page https://www.facebook.com/advantageremax to much more..the office leaves no stone unturned to reach out to maximum number of people through different mediums in both languages, English and �ુજરાિત.

Another example of strong self promotion from their office is a

self-promotional letter designed and being used by their Agent, Sandeep Sabnani which gives an insight into his total professional experience. Sandeep has been using the letter effectively to promote himself and his services. Great work RE/MAX Advanatge


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

RE/MAX Property Services “The sign you want, the Agent you need” is the tag line that is common to RE/MAX affiliates across the world and the tag line is best described by our For Sale/ For rent sign boards which are one of our greatest marketing collaterals. It is great to see, Rakesh Agrawal, Owner of RE/MAX Property Services making optimum use of the Yard signs/ billboards on properties that are for Sale/To Let/ Sold By/Rented.Taking their efforts of trying to build a recall one step ahead, the office ensures that after every transaction, a RE/MAX watch is gifted to the client with the sole purpose of brand recall. The outcome is the high probability of repeat and referral business with the client. His efforts are truly commendable and we would like to wish the office all the very best in promoting and taking their business to the next level! We would like to thank all the Affiliates who sent us information on their marketing and self promotion activities, based on the excellent response; we would like to continue this on a monthly basis and would like to recognize the “Most Innovative Marketer & Self Promoters” from across the country. Please send us a copy of all your activities latest by the 30th/31st of every month on sabrol@remax.in to feature in this section!


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

News from the Regions RE/MAX Delhi NCR

RE/MAX Haryana

RE/MAX Delhi NCR adds another office to its growing The region has not yet not officially launched but it has already network by joining hands with Anil Verma as the Broker signed up its first two offices and is all ready to paint the region Owner of “RE/MAX Team Realty”. red-white-blue! RE/MAX India would like to congratulate RE/MAX Delhi NCR and we would like to wish the proud new owner all the very best for his journey with RE/MAX! The good news does not stop there as the region added another feather to their cap by bagging the coveted award of the “Region of the Year” at the 5th RE/MAX Realty Rendezvous held in Ahmedabad. The region also saw its Affiliates getting awarded in various other categories. In addition to conducting training sessions for its Affiliates, the region had a busy period for two months conducting discovery days to award franchise and agent opportunity and team meetings with their Franchise Owners! We wish the region all the very best for continued success!

The first signing took place at the 5th RE/MAX Realty Rendezvous and the second at the RE/MAX India Headquarters. The new Broker Owners have also undergone the Franchise Owner Management Training with the RE/MAX Academy of Real Estate at the National Headquarters and are ready to start their journey with RE/MAX. In addition to the good news of starting their network, the regional team conducted their very first Road show in Panipat which saw a good turnout of over 70 people who wanted to know more about the RE/MAX opportunity. The Regional Owners was supported by Puneet Verma, Anmol Aggarwal & Yogesh Khemani in this initiative. RE/MAX India is truly proud of the region for kick starting with a bang and we wish C K Taneja and his team all the very best!

RE/MAX MGM The past couple of months have been very busy for the region with preparations and then finally the conduct of the 5th RE/MAX Realty Rendezvous in the city of Ahmedabad. The region also conducted presentations in their region of Pune for a group of 25 enthusiasts explaining them what RE/MAX is and the benefits of association with RE/MAX! We would like to thank the region and appreciate their efforts in conducting a wonderful Annual Convention and we wish them all the very best for the coming year!


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

RE/MAX Punjab The region has been very busy conducting presentations in business schools wherein they have presented the Business Associate opportunity available with RE/MAX to interested candidates. The region also conducted a business meet for Direct Sales Associates to discuss the Franchise and Agent opportunity available which saw a good turnout and a good response. Taking their marketing initiatives to the next level, the region took out its first edition of a monthly Real Estate newsletter which will be made available in print and distributed across their region, the newsletter will be very informative and will be a good read for other brokers, customers in real estate as well as other stakeholders from the real estate fraternity.

RE/MAX Chhattisgarh With a strong belief in the fact that the biggest asset in a company is the human resource, the Regional Owners of Chattisgarh conducted a motivational seminar for their regional stuff which left the team motivated and reenergized. The team conducted a business opportunity roadhsow in Bilaspur which saw an attendance of 135 prospects, the seminar which discussed in detail “How to start your own Real Estate business” received a good response from the audience and had people interested in wanting to know more about getting successful in Real Estate brokerage. The activities done by the region do not stop there as March and April also saw the region participating in a Trade Fair and also conducting orientation training for new Broker Associates. The efforts being made by the region are truly commendable. Here’s wishing the region all the very best in meeting their goals/ targets set for the year at the 5th RE/MAX Realty Rendezvous!

RE/MAX Rest of Andhra Pradesh & Hyderabad With a commitment to have a splendid 2014-2015, the region participated in the Franchise India show (FRO 2014) in Hyderabad. The event took place on the 1st and 2nd of March at the Hyderabad International Convention Center, Hyderabad and had a huge footfall of potential franchisors. The region went all out to present the RE/MAX opportunity and saw some very good response from the visitors. RE/MAX India wishes the regional team all the very best for their continued and dedicated efforts to result into expansion of their network!


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

News from LLC

RESAAS: The Real Estate Social Network RESAAS, a Global Referral Network now let’s you discover the RE/MAX activities all around the world. Connect, communicate and build a massive referral network make working relationships that will benefit your business at the end of the day. You can make use of your RE/MAX id and password to register for the same and get an access to the RE/MAX agents in any corner of the world. A RE/MAX agent is now just a click away on any continent on the map!

What Can I Afford? RE/MAX LLC now provides an exclusive global search feature covering around 80 Countries in 40 languages and currencies. Called the Global Property Search widget, it is a tool allowing visitors to see exactly what they can afford in their native currency in 80 countries around the world. So now, no matter whether you live in Australia or Spain, Canada, South Africa, or Costa Rica, you can find properties anywhere in the world that meet their wish list and their specific budget. The feature allows consumers to discover in an instant where the best deals are and how they can stretch their dollars, pesos, Euros or other currency to get the home of their dreams. The Global Property Search tool is located in the top dropdown menu of the “Property Search” tab on www.global.remax.com, as well as at the bottom of the home page.


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Heroes of the Month

Reader of the Month

Top Listors #1

Ashish Singh RE/MAX India

Ankur Verma

RE/MAX Galaxy Realty

Shantnu Malik

RE/MAX Complete Solutions

#2

#3

Manish Patni

Jigar Pandya

RE/MAX Realty Investmart

RE/MAX Corporate Services

Top Recruiters #1

Anoop Nahar

RE/MAX Highrise Realty

#1

Munish Gupta RE/MAX Dreamz

#2

Aashil Patel RE/MAX Corporate Services

#2

Harit Parikh & Nirav Vakharia RE/MAX Realty Solutions


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

Top Transactors

Jay Shah

Arun H.G.

RE/MAX Metro

RE/MAX Ultimate

Sunil Mehta

RE/MAX Ronisun Realty

Top Listings

http://www.remax.in/504043015-76

http://www.remax.in/505037001-22

Description: 3 Bedrooms + 3 bathrooms + drawing dining with complete good taste of wooden work in bedrooms and kitchen.

Description: 3 BHK Luxurious Apartment.Well designed foyer, Club house., Elevators for each Block, Children park, Well design landscaped garden…

Broker Associate: Shantanu Malik Broker Office: RE/MAX Complete Solutions Region: Dwarka, Delhi

Broker Associate: Jigar Pandya Broker Office: RE/MAX Corporate Services Region: Ahmedabad, Gujarat

http://www.remax.in/504027001-248

http://www.remax.in/505026004-632

Description: Now your living would be adventurous and exciting at the DLF Regal Gardens where everything is planned and pampered to offer…

Description: Un furnished well maintained bungalow in a good location with all basic amenities in walking distance...

Broker Associate: Manish Patni Broker Office: RE/MAX Realty Investmart Region: Gurgaon

Broker Associate: Parvesh Girgla Broker Office: RE/MAX Aad Realty Region: Ahmedabad, Gujrat


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Heroes of the Year 2013-2014

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Broker Offices


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Broker Associates


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RE/MAX Realty Review

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Realty Bytes

India's realty sector remains favored destination NEW DELHI: The Indian construction and real estate sector Across Asia Pacific, growth is being driven by businesses in continues to be a favored destination for global investors and emerging economies which are more than twice as confident businesses are optimistic about their prospects for this year, about raising profits as their peers in advanced economies. Around 78 per cent of business leaders in southeast Asia are says a report. optimistic, followed by Latin America (60 per cent) and North Increasing migration to cities and urbanization along with America (56 per cent), while those in the eurozone (19 per cent), interest from buyers to invest in real estate market, will and especially in southern Europe (-9 per cent), are the least continue to be the prime demand drivers, and according to optimistic. assurance, tax and advisory firm Grant Thornton. "Despite being burdened with high construction costs and About 45 per cent of BRIC economies are optimistic, slightly increased cost of borrowing, the Indian construction and real more than its peers in the G7 (39 per cent). estate sector continues to be a favored destination for global The report covered business leaders in 45 economies to investors," said the Grant Thornton International Business understand how the real estate and construction sector is Report (IBR). recovering from the financial crisis, where the opportunities lie and what businesses are doing to keep their operations running Steady housing demand, stock market rally and a slew of smoothly and free from fraud. optimistic RBI rules permitting foreign banks into the country's banking ecosystem are set to offer further impetus to the LINK:http://articles.economictimes.indiatimes.com/2014-0321/news/48438536_1_estate-sector-realty-sectorprojected growth of the sector, it said. Moreover, business leaders in the sector expect a strong revival construction-sector for the housing industry if a stable government is formed May after the general elections.


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Circle Rate Vs Market Rate: What you need to know Circle rate is the minimum value at which the sale or transfer of a plot, built-up house, apartment or a commercial property can take place. Market price is the value of such an asset for a transaction between a seller and buyer which is done at an arm length's principle - with the price determined by the market forces of supply and demand. Circle rates are usually defined by the local state government's revenue departments or the local development authorities, in line with what they perceive the prices at which property sale or transfer should be undertaken. As such, circle rate is usually a determinant or a reference rate at best. Market rates, on the other hand, are determined by the seller's expectation of price and the buyer's inclination to pay. Across all property markets in India, the circle rates are invariably much lower than the actual market rates. This is because: * Circle rates are not reviewed regularly to bring them in line with the market prices * They do not represent the actual barometer of ground realities. As already mentioned, circle rates are the minimum authority-defined prices at which a property sale or transfer can be done between two parties, and also determine the associated stamp duty and registration charges to be paid for such a transaction. This is the 'floor price', and the actual transaction price can be higher than this, resulting in higher stamp duty to be paid out. Most real estate transactions are registered at the minimum circle rates or slightly above, which may be lower than the actual transaction price. The result is a loss to the exchequer in terms of the applicable stamp duty. Market rate is a price range arrived at by looking at actual transaction prices in a location, and is a better indicator of what sellers demand and what buyers are willing to pay. As these prices are determined by demand and supply, an area with lower supply but higher demand will inevitably command higher prices when compared to another. Though circle rates and market rates are connected, they have a limited impact on each other.

While, the market rate can never be below the circle rate, a significantly higher difference between them indicates a lag between market performance and the authority's view of it. This is the primary reason for black money transactions in the Indian real estate domain. In property sale or transfer transactions, stamp duties are usually paid by the buyer. It has been argued that the increase in circle rates causes the rate of transactions to drop. Be that as it may, the gap between the circle rate and the market rate reduces and the proportion of genuine buyers with clear, accounted money entering into transactions increases. Though this may reduce transaction velocity, it also reduces the incidence of black money being parked into real estate assets. This process is significant when seen in the light of the Indian government's drive towards curbing the incidence of black money and money laundering in real estate. Simultaneously, state governments' treasuries generate higher tax collection from real estate transactions, as stamp duty is paid on a circle rate which is in sync with the market rates, or close to them. In terms of impact, there is an additional burden on property buyers in terms of higher stamp duties, resulting in marginally higher transaction costs and overall cost of ownership. However, the weeding out of black money in real estate causes the market to behave in a more rational manner towards pricing of projects. Also, it makes little sense to view the added financial outlay as a wasted expenditure, as it is actually increases the investment value, and therefore potential resale value, of the property. Finally, higher revenue for the government means more funds available for support infrastructure development. Seen in this light, bringing region's circle rates closer to or on par with its prevailing market rates is a positive process. For More: http://www.moneycontrol.com/news/realestate/circle-rate-vs-market-rate-what-you-need-toknow_1055105.html?utm_source=ref_article


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RE/MAX India welcome its New Broker Associates

March 2014 S. No.

Name

Office Name

Region

1

Sapna Kokal

RE/MAX Pearl Space

RE/MAX Delhi

2

Manish Rajadev

RE/MAX Galaxy Realty

RE/MAX Delhi

3

Deepak Bharti

RE/MAX Galaxy Realty

RE/MAX Delhi

4

MK Dudeja

RE/MAX Edge

RE/MAX Delhi

5

Premchand Soni

RE/MAX Edge

RE/MAX Delhi

6

Meena Arora

RE/MAX Edge

RE/MAX Delhi

7

Niket Swaroop

RE/MAX Realty Investmart

RE/MAX Delhi

8

Ila Pachauri

RE/MAX Realty Investmart

RE/MAX Delhi

9

Shilpa Solanki

RE/MAX Advantage

RE/MAX Gujarat

10

Yogesh A. Panchal

RE/MAX Advantage

RE/MAX Gujarat

11

Dhaval Patel

RE/MAX Advantage

RE/MAX Gujarat

12

Jaldeep Patel

RE/MAX Advantage

RE/MAX Gujarat

13

Manoj Dhandha

RE/MAX Advantage

RE/MAX Gujarat

14

Mitesh Nayak

RE/MAX Advantage

RE/MAX Gujarat

15

Hirav Shah

RE/MAX Realty Solution

RE/MAX Gujarat

16

Nisha Trivedi

REMAX Vintron Gold

RE/MAX Gujarat

17

Ravi Govindbhai Shimpi

RE/MAX Property Clinic

RE/MAX South Gujarat

18

N. Sudha

RE/MAX Plus 1

RE/MAX Rest of Andhra Pradesh & Hyderabad

19

K. ALAGAPPAN

REMAX RIGHT MOVE

RE/MAX Chennai

20

Reuben Devadoss

RE/MAX Goodwill Realty

RE/MAX Rest of Tamil Nadu


RE/MAX Realty Review

March – April, 2014 www.remax.in or Call us at +91 9654965001

April 2014 S.No

Name

Office Name

Region

1

Narendra Jha

RE/MAX Highrise Realty

RE/MAX Delhi-NCR

2

Bhavya Rastogi

RE/MAX Benchmark Realty

RE/MAX Delhi-NCR

3

Jai Kishan Verma

RE/MAX Solution Specialists

RE/MAX Delhi-NCR

4

Prabhakant Halkatti

RE/MAX Solution Specialists

RE/MAX Delhi-NCR

5

Subhash Chugh

RE/MAX Highrise Realty

RE/MAX Delhi-NCR

6

Shantnu Malik

RE/MAX Complete Solutions

RE/MAX Delhi-NCR

7

Aman Duggal

RE/MAX Highrise Realty

RE/MAX Delhi-NCR

8

HINA DHANAK

RE/MAX Corporate Services

RE/MAX Gujarat

9

Molina Shukla

RE/MAX Corporate Services

RE/MAX Gujarat

10

Munish Gupta

RE/MAX Dreamz

RE/MAX Gujarat

11

Bhaumik Dave

RE/MAX Advantage

RE/MAX Gujarat

12

Bharti Chandarana

RE/MAX Advantage

RE/MAX North Gujarat

13

Sandeep Pandya

RE/MAX DREAMZ

RE/MAX North Gujarat

14

Sahil Patel

RE/MAX Realty Solutions

RE/MAX North Gujarat

15

Ashesh Agrawal

RE/MAX Realty Solutions

RE/MAX North Gujarat

16

Kiran Valecha

RE/MAX DREAMZ

RE/MAX North Gujarat

17

R.SIRAJUDEEN

REMAX Arasan properties

RE/MAX Rest of Tamil Nadu

RE/MAX India welcomes its New Broker Offices

March 2014 S.No Region Name

Office Name

BO

1

ROTN

RE/MAX Aarasan Properties

A. Mohmed Ismail

2

ROTN

RE/MAX Realty Hub

Sarvana Kumar


RE/MAX Realty Review

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RE/MAX Realty Review