Incentives Offers For Women To Buy Real Estate in India

Incentives Offers For Women To Buy Real Estate in India

A higher real estate tax and cheaper loans for women in some parts of India is increasingly attracting the fairer sex to invest in property, it is claimed.Potential female buyers can benefit from tax exemptions, lower stamp duties and easier availability of home loans, according to Aman Gehlot, director of developers Ambience Group, which has noticed that a large number of single woemn now inquiring about buying a dream home from developers. He points out that states such as Uttar Pradesh, Delhi, Orissa and Punjab have reduced rates for women. A lower stamp duty rate helps in saving on the overall costs while purchasing property, thus acting as a significant boost for prospective women buyers."Several states charge lower stamp duty on properties to women as compared to men. Women even enjoy the benefit of a higher tax rebate as compared to men. These factors act as a great incentive for women keen to buy property," he said.

There have been many other factors that have encouraged women to become interested in buying property. The emergence of the new breed of women achievers who place career before marriage, the desire for self-acquired security and awareness of tax benefits has fueled interest levels. Plus, the lack of hesitation showed by banks in lending to women is an added bonus. "Women, regardless of whether they are married or single, face no specific problems in obtaining property loans today," said Raminder Grover, CEO (Homebay Residential) of global real estate consultancy Jones Lang LaSalle Meghraj. "It is true that banks were earlier hesitant about granting loans to single women since they saw a possible loss of income and therefore inability to service the loan following marriage. However, this is the age of double income families and such misgivings are a thing of the past. Many banks also have special schemes for women and offer discounts of around 0.25 percent," he added. Developers confirm that interest from women is increasing. Omaxe, Ambience Group and CHD Developers all said that the number of queries from women has been increasing. "More single women are now coming forward to invest in real estate. About 15 to 20 percent of all inquiries we get are from women and ......http://www.maaproperties.com/Pages/ModuleContent.aspx?Module=News

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Real Estate Team Player

Real Estate Team Player

There is a lot of buzz out there in the industry today about the emergence of “teams” and how dominant they can be in their market. Is this the wave of the future and are we going to see the sole practitioner move into the background?

I don’t think so as long as we have top producers like Margaret Rome of Baltimore, Maryland who dedicated herself to building a successful solo career by structuring her business and personal life. She shared her philosophy and commitment to helping other agents in the industry in a recent interview where she highlighted some of the key elements that make a successful solo agent.

· It is critically important for the agent to be the one that communicates with the client. If you don’t, you can’t be sure that they are looking at the right properties for the right reasons.

· Outsource those tasks that take your time away from interacting with your clients.

· Maximize the use of technology to insure timely communication and the delivery of the specific information the client is requesting.

· Your website should answer every question about you that the customer has – just as if they sat down and interviewed you.

· Be a specialist and choose to work with those clients with whom you can build a relationship; which primarily come from your referral network.

· Focus on customer needs and wants and insure that you are prepared and ready to deliver.

· There are 3 key questions to set before every seller to set the tone for building a relationship of trust:

1. Are you 100% sure that you are ready to sell your house?

2. Do you have any questions a out the company I work for?

3. Are you 100% sure you want to use me as your real estate agent?

· All showings should be conducted by the agent; your clients need to be certain that you are in charge and delivering on your promises.

· You need a blog and if you can’t write you should hire a writer and provide them with the ideas and subjects. It will dramatically improve your web traffic.

Is the team concept for you or are you the committed sole practitioner? It has a great deal to do with your personality. Are you a “Type E” personality? If you are it may very well impact which path you take. You can find out by going to going to www.typeepersonality.com and taking their short quiz. Margaret found out that was a real key to her success as a solo agent.

She summed up her thoughts with 5 guidelines to becoming a successful “non-team member:”

1. Really work only with people that you like and respect.

2. Get all the tech tools you will actually use.

3. Maintain “constant” email access and respond immediately

4. Keep in regular contact with clientele and other agents.

5. Never stop learning.

If you want to ensue that you are staying up-to-speed with all aspects of the real estate industry, you should check out membership in iSucceed.com. There are over 200 top producing agents like Margaret Rome that have provided you with all of their tips, tools and strategies.

Source: http://www.realblogging.com/are-you-a-real-estate-team-player