RE/MAX Gujarat Newsletter Feb-Mar 15

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FEB-MAR 2015

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Gujarat newsletter

RE/MAX GUJARATSafal Profitaire, Block A, G5,Corporate Road, Opp.Prahladnagar Garden Road,Ahmedabad – 380 015Phone : +91 99090 66999Email: [email protected]

ContentMAnAGEMEnT SPEAk

OnLInE TRAInInG

BROkER ASSOCIATE IndUCTIOn TRAInInG

nEw BROkER ASSOCIATES

AwARd wInnERS

GLOBAL BROkER OwnER Of yEAR 2014

EvEnTS And SEMInARS

HALf yEARLy fULL dAy

BROkER OwnER MEET

nEwS fROM RE/MAX BROkER OffICES

REALTy ByTES

MAnAGeMent SPeAK!

Real estate is a seasonal business. People think its cyclical however more so its seasonal. There are 4 months in a year which have higher than average number of transactions. These 4 months are same at least since last 5 years. March is the month in which most transactions are registered. This is mostly due to the fact that it’s a financial year end and also the end of winter. for Gujarat winter is nRI season and we see a lot of influx of foreign money in to the economy. Government has decided that from April there will be no agreement registered unless the payment is done by way of cheque or bank draft. Cash payment will not be allowed. This is done to curb the black money upto the extent of the market value. This has resulted in to an increase of about 45% increase in the amount of properties sold in the month of March 2015 as compared to March 2014. did anyone say recession?

RE/MAX is arranging a seminar on entrepreneurship in real estate sector. This sector is 2nd largest employer in Indian economy after agriculture. In this seminar we are going to discuss about opportunities for investors, brokers, builders, manufacturers, traders, consultants and professionals. The demands of customers are changing and so is the market. The event will give an idea of what it takes to build a rewarding career in real estate. The event is on April 11th, 2015. So do come and get an opportunity to change your life.

Re/MAX Gujarat’s largest franchise was given award of GLOBAL BROkER OwnER Of THE yEAR 2014 at R4, The yearly convention of RE/MAX at Las vegas. He had to compete with brokers from about 98 countries to get this award. we heartily congratulate to Mr. Anand Choksi of RE/MAX Advantage for this amazing feat. I am sure soon there will be many such offices across India and RE/MAX will be India’s number one brokerage.

Re/MAX Gujarat did an interesting meeting where we invited Mr. Anand Jaiswal, an IIM-A professor to discuss a case study and explain the details of customer satisfaction. Another external speaker was Mr. Rajneesh Lakhanpal, Retd. wing Commander, Indian Air force.

Please do follow us on facebook: www.facebook.com/remax.gujarat.

Manan ChoksiRegional directorRE/MAX Gujarat

FEB 14 - MAR 15

Gujarat newsletterGujarat

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You can visit below channels for the presentations and videos of these trainings.

BA INDUCTION TRAINING DONE IN FEB-MARRE/MAX Gujarat conducts Induction Training for new Broker Associates every month. The purpose of induction training is to make them aware of real estate market, their job role, prospecting, lead generation and working with sellers and buyers. They are also made aware of several property management services they can offer to their clients. They are introduced to various deeds, agreements and formats required by them. we have got good feed-back from the participants about the content of training. RE/MAX Gujarat wish them great real estate career ahead.

https://www.youtube.com/user/estatefranchiseindia

http://www.slideshare.net/remaxmgm/presentations

ONLINE TRAINING DONE IN Feb-Mar

TRAININGs

Date session Name Type of Training

4-feb-15 Common Mistakes Property Investors Make OnLInE – wEBInAR

18-feb-15 Habits of Highly Effective Real Estate Agents OnLInE- wEBInAR

30-Mar-2015 Social Media for Business CLASS ROOM

RE/MAX Gujarat registered 14 new agents in last two months. RE/MAX Gujarat congratulates all these Broker Associates for joining RE/MAX and wishes them all the best.

NAME OFFICERE/MAX Metro Sachin TrivediRE/MAX Advantage Harshil desaiRE/MAX Advantage ketan ShahRE/MAX Advantage Mitesh PrajapatiRE/MAX Advantage HasmukhkalsariyaRE/MAX Realty Solutions Sheel ShahRE/MAX kunvarji Jay deliwalaRE/MAX Corporate Services Bhavini MehtaRE/MAX Corporate Services Mohd.Shehjad ShaikhRE/MAX Corporate Services MehulRathodRE/MAX Corporate Services ketul ShahRE/MAX Property world Paraskumar vedaniRE/MAX Property world Pathik B doshiRE/MAX Propkonnect Paresh Panchal

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Award Winners for the Month of February

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OppORTUNITIEs FOR ENTREpRENEURs IN REAL EsTATE sECTOR

GUEsT spEAkERs:

WhO shOULD ATTEND?

pROGRAMME REGIsTRATION

An Event organized to showcase the various options available for entrepreneurs in the entire real estate sector. How to take the most out of the 2nd Largest Employer of Indian Economy, when the market has bottomed out.The purpose of this event is to provide a platform for participants to explore trends in emerging in real estate sector, engage with successful entrepreneurs and experts, interact with developers, and network. This event will bring together Real Estate Entrepreneurs, Builders, Brokers and Investors to share their experience and vision on Entrepreneurial ventures

dr. Chandan Chatterjee, director, Centre for Entrepreneurship development keynote Speaker Mr. Manan Choksi, Managing director, RE/MAX Gujarat Mr. Jaxay Shah, Managing director, Savvy Infrastructure Mr. Pramit Parikh, Member, young Indians- CII Mr. PravinBavadiya , director, City Estate Management Mr. AnupamTandon, Chief Operating Officer, Hn Safal Group Mr. Apurva Shah, Charter Member, TiE.

Aspirant Entrepreneurs Brokers Sales persons of other industry Students Businessmen Investors Anyone interested in Real estate sector

Prior registrations is compulsory

Registration done till 5th April Rs. 200 per person

Registration after 5th April Rs. 350 per person

To Register please log onto www.whatisremax.com

Call us on +91 79 71727100

EvENT pARTNERs

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RE/MAX Gujarat wholeheartedly congratulates Mr.

Anand Choksi, Business Owner, RE/MAX AdvAnTAGE

who has been honoured as Best RE/MAX Global

Broker Owner of the year 2014 across the enormous

network of thousands of Offices, 90+ Countries at

the Best of RE/MAX Awards night during the R4 2015

International Convention in Las vegas. This indeed is

the proudest moment for all of us by far for bagging

the biggest global award from the network first-time-

of-its-kind! Mr. Larry Oberly, vice President RE/MAX

LLC announced for Anand Choksi as the Global Broker

of the year for his outstanding Leadership for running

RE/MAX Office professionally and successfully with

a perfect blend of advertising, training, recruiting,

transacting and servicing at the real estate front.

RE/MAX GUJARAT conducted two in-house seminars and it

witnessed participation by many real estate career aspirants

and RE/MAX Gujarat generated lot of inquired out of these

two seminars held on two different days at RE/MAX Gujarat

Head Quarters.

MR. ANAND ChOksI GETs pREsTIGIOUs GLOBAL BROkER OWNER 2014 AWARD AT R4

IN-hOUsE sEMINARs FOR ENTRENpRENUREshIp IN REAL EsTATE

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RE/MAX GUJARAT generally organizes a monthly breakfast meet of all its franchise Owners on first Monday of every month at RE/MAX Gujarat Head Office.

In the month of March 2015 which is a last month financial month of the year RE/MAX Gujarat decided to organize a full-day conference with exciting sessions throughout the day.

The meeting was held at yMCA international Business Centre at 10.00 a.m. with opening remarks by Regional Owner Mr. Manan Choksi, followed by a motivational session by Retd. wg. Cdr. Mr. Rajneesh Lakhanpal. Mr. Lakhanpal stressed on use of proper communication during our daily routine and the session was liked by everyone.

Then another exciting and important session was by IIM Ahmedabad Professor Mr. Anand Jaiswal who explained a case study of world renowned XEROX Company. RE/MAX Gujarat had already given a case study and supporting material to all broker owners who were to attend the conference and everyone had prepared it well and because of that session was very interactive and interesting and everyone learnt about the efforts needed to achieve highest quality standards for our customers.

Mr. nirav vakahria and Mr. Harit Parikh of RE/MAX REALTy SOLUTIOnS, Ahmedabad presented their success story so far and best practices of their office in terms of agent recruitment, retention and grooming and hand-holding of all agents. They also put stress on using iConnect and Social media platform efficiently by which they are getting quality leads.

Mr. Pranav Pandya presented the feed-back given by RE/MAX Gujarat Broker Associates whom we had met one on one in our office and had asked several questions to understand what they need from Broker office and Regional Office to excel more in this business and earn more brokerage. This session gave insight to all broker owners about what their associates are thinking and the efforts of regional office was lauded by everyone and they suggested such surveys and feed-backs will help grow RE/MAX network more and more.

Mr. Manan Choksi gave a presentation on how to earn more by using personal promotion by agents and its effects on their business and income. His presentation was focused on Agent’s personal promotion and how they can use maximum advantage of brand RE/MAX to earn maximum commission. The use of Just Listed cards, Just Rented and Just Sold cards etc can benefit them in fetching more customers as well as more recognition in their niche farming area.

MS. krutika Mehta presented how they are working on franchise sales, lead generations and seek view of broker owners how to keep relationship maintained with these prospects for longer period of time.

At the end Ms. Urvashi Prajapati end a very effective and productive day with vote of thanks!

RE/MAX GUJARAT BROkER OWNER CONFERENCE @ YMCA INTL. CENTRE

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Mr. Nirav vakharia and Mr. harit parikh of RE/MAX REALTY sOLUTIONs presented their success story and best practices.

Mr. Manan Choksi presenting a memento to professor Anand Jaiswal of IIM.

Broker Owners, Regional Owners and Regional staff listening patiently to a speaker at during the meet.

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Team RE/MAX ADvANTAGE at Global Referral Exchange

Anand Choksi in a RE/MAX Conversation” at R4

NEWs FROM OUR OFFICEs :

Re/MAX ADVAntAGe :

RE/MAX Gujarat also congratulate Mr. Birav Shah for

completing four super successful years with RE/MAX

AdvAnTAGE. In this short span of four years, he has played

many roles and has come a long way - from being a Rookie

in real estate industry to a veteran, from being a mentee

to being a mentor and from seeking support to extending

support to the entire team. It has been a phenomenal

achievement and one of the greatest growth story in RE/MAX

as a Business Associate. He has been awarded as national

Business Associate # 1 in the entire network of RE/MAX! Once

again Congratulations Mr. Birav Shah!

Sandeep Sabnani Sr. Business Associate was selected &

interviewed by John Erikson of Re/MAX Global headquarters

to share his success journey & experiences as a RE/MAX agent.

John asked him a range of different questions. At the end

of his 35 mins interview, John commented that yours was

one of the most insightful interview amongst 33 selected

agents of which clippings shall be used to make the RE/MAX

experiences video. John & Cheryl from RE/MAX International

were impressed with his deep knowledge, global outlook,

professional behaviour & business acumen.

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RE/MAX METRO MOvEs TO A NEW sTATE OF ThE ART OFFICE.

ThE pOWER OF RE/MAX NETWORk

Re/MAX Gujarat wishes Mr. Vivek Parikh and his vibrant team a many congratulation and best of luck for moving into a new office.

Mr. Jigar Pandya of RE/MAX Corporate

Services and Mr. Rajesh Mehta of RE/MAX

METRO did an inter-office transaction.

The transaction was done within few

months from the listing of the Property.

Great efforts leads to greater customer

satisfaction.

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RE/MAX REALTY sOLUTIONs

At RE/MAX Realty Solutions, the team is not just a bunch of professionals working together but is more like an extended family

and that is why we closed a super successful 2014-2015 with a lovely get-together of the team with their better halves at

Juggernaut India . It turned to be a fun filled evening with some great conversations and some great bonding!

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Parshva vakharia from RE/MAX REALTy

SOLUTIOnSis doing a flyer activation for

Gokuldham in which 5000 flyers will be

distributed in high profile bungalow societies

of west Ahmedabad.

This is a great example of marketing a

property and personal promotion which

leads to more customer leads and business

subsequently

FLYER ACTIvATION FOR

GOkULDhAM

RE/MAX CORpORATE sERvICEs

If you are looking into buying a plot in Sanand, Mr. Jigar Pandya, Broker associate at Re/MAX

Corporate Services has an option to look into. A plot for sale at Goyal Water Park (Sanand), Sanand,

Ahmedabad, India. http://www.remax.in/505037001-404 or https://www.facebook.com/remaxcorp

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nOBOdy In THE wORLd SELLS MORE REAL ESTATE THAn RE/MAX

Re/MAX GUJARAtSafal Profitaire, Block A, G5,

Corporate Road, opp. Prahladnagar Garden Road,

Ahmedabad – 380 015Phone : +91 99090 66999email: [email protected]

Please send us your reviews about this month’s newsletter. Feel free to give your suggestions and we will incorporate the same in coming newsletter.

Send your suggestions to : [email protected]

REALTY pE FIRMs TO DOUBLE INvEsTMENTs ThIs FIsCAL The improving economy and business sentiment seem to be whetting the appetite of private equity players for a larger role play. Realty-focused PE firms are looking to double their investments this financial year.

Higher commitmentsfor instance, real estate-focused private equity firm ASk Property Investment Advisors has committed to invest about Rs 1,000 crore this financial year. This is exactly double of the Rs 500 crore, the firm had earmarked for last year.“we didn’t commit too much money last financial year, while most of our commitments came during the last quarter of the year, as the direction of the market went from bad to worse. we were waiting for the markets to show more distress and give us money for money deals,” said Amit Bhagat, CEO and Managing director, ASk Property.In this financial year, the company will continue to invest in residential projects with focus on Bengaluru, Pune, Chennai, Mumbai and national Capital Region (nCR). Milestone Capital Advisors, which invested about Rs 500 crore in fy15 across commercial and residential, intends to deploy about Rs 800-1,000 crore this year.

Higher demand from metros“The real estate sector is definitely looking up this year, and deployments would depend on the appetite in the market. Both residential and commercial sectors would continue to post growth in this year and there is a lot of interest among high networth individuals to invest in the sector,” said Rubi Arya, vice-Chairman and director, Milestone Capital Advisors.for the real estate sector, the high demand continues to flood from the metros, while growth is also coming in from tier-I and -II cities, she added.“Some markets are very interesting such as nCR and Mumbai, and funds are optimistic, even though pricing is still not attractive. In the last 12 months, investors were looking at fresh asset creation rather than refinancing, which was the norm till now,” Ashish Singh, Managing director (real estate investment), Standard Chartered Private Equity Advisory.

Rising inflowsThe inflows of PE investments in real estate totalled Rs 15,410 crore in 2014, more than double the investment of Rs 7,360 crore in 2013, according to a report by real estate consultant Cushman & wakefield. However, there are companies opting for a cautious fy16. “According to me, doubling would be very aggressive. we are conservative as we have to see how the markets pan out and how our previous investments are performing,” Indian Property Advisors Pvt Ltd (IPAL) Managing Partner Ramesh Jogani said.

Fund raising“This year, a lot of fund creation is also expected to happen, and with many preferring equity rather than debt structures,” Standard Chartered’s Singh said.ASk Property, which launched a Rs 1,500-crore fund last year, will also look at raising funds from offshore markets, Bhagat said, declining to disclose the details of the funds.On its part, Milestone Capital will also do more funds, while many exits are also expected this year.news Source: The Hindu Business Line