REAL ESTATE

Real Estate, according to John Elton is a sector from which one can their eyes off. A sector in which there are only opportunities. A sector which offers superlative returns. In ordinary business, price and value may mean the same thing, but in real estate investment, they are really worlds apart. While price is the amount the owner is ready to part with his property, value is the quality or worth of the property, and this is what determines the price of the property. With the right knowledge of the vital tips, one can turn a property around for maximum profit, while a novice may look at that same property and consider it of low valueEver since India achieved independence, the real estate sector has been on a rise. And today it has scaled such distant heights which were never even imagined. Today, there are real estate developments happening every other day. And these developments are helping tremendously in generating franchise business opportunities. Also the tremendous growth of this sector has given rise to a vast array of career opportunities. In this sector, you will find the widest career choices ever.The real estate sector today is the only sector which can guarantee such tremendous growth of wealth. Also, the risk involved in this sector is minimum. Hence, no wonder real estate is the largest growing sector in the country. And the biggest advantage behind buying property in India is the easy availability of renters. You buy a property and you have renters lined outside your house the very next day. In India, the growth of the real estate industry has mainly been due to the IT industry. With the huge explosion of the IT industry, there has been a big bang of sorts in the realty sector.The growth of the realty sector can be easily gauged by the emergence of IT Parks in many cities like Gurgaon, Noida, Hyderabad, Pune etc. The tremendous growth of the IT industry has been the backbone of the growth of the real estate industry. There are many other factors behind the real estate boom like spread of English as a commercial language and the churning out of around 15 million graduates every year. Another factor is availability of cheap labor in India. The same done is India costs 15% less than in US.The assistance from the Indian Government has also ledReal estate and the technological world are like peas and carrots, they just go together. We live in a world of MLS photos, virtual tours, internet directories, press releases, and article submissions. It is entirely feasible for a buyer to see every room of a home, in high quality vivid color, from the comfort of their own home, a coffee shop, or just about anywhere they can get an internet connection. I recently read that as high as 86% of home shoppers will view available homes as well as find their Realtor on the Internet.As a result of this surge in internet use, many new real estate professionals are relying on the technological highway to improve their services. The successful sale of listings will depend on how good you are at digitizing, synthesizing and electronically marketing yourself and your clients homes. Curb appeal is no longer the view you get from your 1995 Chevy windows while driving down the street, instead it is the view you get of a home from digitized photos shown on your computer screen. Finding a Realtor or Home Stager is not a matter of checking with who your friends used in the past, it is a matter of who comes up first when the phrase Real Estate Agent, Indianapolis is typed into your favorite search engine. And even when you come up high in the results of a search, internet users have learned that they can quickly check the multitude of claims made by eager, computer savvy business men and women, marketing themselves and their businesses.As a buyer using today's technology, I can quickly set the price range I want to pay and the area I want to live in and in seconds view every home that meets my criteria. From that starting point I can start comparing and eliminating with in seconds. A home looks to be priced too high compared to others in this same price range and many others look better, well may not make their must see list. If your home looks dark and dated and your photos are dark, blurred and just plain horrible looking well, again you are not even in the running. No photos, well that is just not good at all. In much less time than it would take to physically visit just one property, I can view every home meeting my criteria and choose the winners. The National Association of Realtors even claims that homes with more and better photos are viewed exponentially more than those with a few or no photos. Also, it only makes sense that clients require the Realtors and Stagers that they work with are those that are technologically savvy. I am hearing from many experienced Realtors that their business has and continues to diminish as time goes by. These are agents that built their livelyhood on referrals. First year, 10 clients. Those 10 clients told 20 more and on and on. So what happened to their ever dependable pyramid math? The Internet happened. Once again, a client can find an agent on the Internet quicker than it takes to make a phone call to a friend for a referral. The business diminished because the math just did not add up any more. Email is also part of the changing technological landscape. Email has now grown to the point of being the communication tool of choice. We can instantly communicate with anyone, anywhere around the world. We can send our clients quotes, contracts, updates, inspection reports, offers, counter offers and even closing statements. And it can be done instantaneously and as sharp as the original.