Real Estate is the property marketing business where business stands between the customer and agent.
Customers are the people who wants to buy or sell the properties like apartment or flat, land, house, office space or buildings, agricultural land etc. Agents are the people who wants to help the customers to buy or sell the property.
Real Estate agents communicates between both the buyer and seller, helps buyer to buy the property and helps owner to sell their property.
Types of Real Estate
Residential Real Estate Business
A real estate business this includes the sale or rent or buy a property where the are developed for people to live. Residential property can not sold for commercial or industrial purpose.
Residential areas encompass a large variety of potential dwellings, from houses to houseboats, and from neighborhoods types ranging from the poorest slum to the wealthiest suburban subdivision.
Commercial Real Estate Business
A real estate business this involves in selling or buying or renting a buildings or land for office or business purpose. and is property that is used exclusively for business-related purposes or to provide a workspace rather than as a living space, which would instead constitute residential real estate.
Commercial real estate includes several categories, such as retailers of all kinds, office space, hotels & resorts, strip malls, restaurants, and healthcare facilities.
Industrial Real Estate Business
A real estate business with a selling or buying a industry places like factories, manufacturing buildings, warehouses etc.
Industrial Real Estate can be broadly defined as all land and buildings which accommodate industrial activities including production, manufacturing, assembly, warehousing, research, storage, and distribution.
How it Works?
Real estate is the vast and best money making business, if with a good knowledge and best investment ideas in marketing.
This business works on many factors that may include the knowledge about the location of your area like knowing the basic things for example, if you want to deal with Basaveshwara Nagar, Bangalore, you should know the basic price of that location, how the area is, is it good or bad? what are all near by location that the client preferred like travelling convenient, hotel facility, what is famous in that area. What the buyer is looking for?
There are so many Real estate companies in India, and there is many competition in this field.
This all works on how you interact with the clients and owners, once you build the trust from both, they won’t leave you until they buy or sell the house, so first you need to build the trust, for this you need to have the clear picture of real estate business
Real Estate Developers have to contact with the builders of apartment as well as commercial building and have make patterns with them i.e channel patterns and have to make the agreement with them with all the payment method
When it comes to individual house or resale you need to contact with the owners first, about complete details of the property like location, land mark, availability, images, and all details of property with a payment details and then have to discuss with the client or buyer with all details and also about the payment.
Getting a client is easy but converting them as a buyer is the main target and this all works with your communication and follow ups and how you invest in your marketing skills on your investments and on advertising to get a clients.
Why to choose Real Estate Business?
Real estate is most vast and most competitive field in business world whatever the situation people don’t stop buying property, everyone wants roof to stay and everyone needs home. Here are the some details that are why to choose real estate business.
You can start with a small investment or a 0% investment with a influence.
This is not a B-B business, this is a direct business with customers, can direct contact with the customers.
You can build a new contact with new people, can build a new communication with a good knowledge about the marketing, you can build your career in Real estate and also increase marketing skills
Once you build a new relationship with the customers you can get a new clients through influence with any investement.
And once you get into this field you can easily get to know the pros and crons, so that you can make changes as you want and can move on within a short period of time.