Importance of Rental Housing Policy

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WHAT IS RENTAL HOUSING POLICY As of late, the government declared its aim to convey a cutting-edge tenancy law with the intention to advance rental lodging in Indian urban communities, giving due notice to the prerequisites of contemporary inhabitants. The arranged National Urban Rental Housing Policy plans to address the requirements of individuals moving from rural regions to urban areas. It will profit aiming proprietors who have so far shied far from leasing their properties, by methods for monetary motivating forces particularly intended to support rental lodging. Even big names in properties such as Shriram Code Superstar are opting for rental housing policy to meet the growing demands for rental housing in a city such as Chennai which encounters huge population from other parts of the country RENTAL HOUSING MARKET India's urban communities are consistently developing as far as the populace, and an expanding populace has therefore prompted more weight on their l
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Top 10 Misconceptions in the real sector

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What are the opinions

Everyone has their own opinions about real estate agents of Residential properties in general. Thus, it’s helpful to look at some of the common misconceptions floating around out there.

Misconceptions of real estate

Common Misconceptions About Real Estate

  • Real estate agents are always late for inspections or meetings:
This is not true. For every profession, punctuality is quite important and is also true in the real estate industry. The majority of successful, experienced agents will make it their priority to be on time.
  • The price of the property will decide how much your real estate agent will earn:
This is one more misconception about the real estate industry which is caused by a misunderstanding of the commission system. Whether your property sells for 50 lakh or 55 lakh, the price will hardly affect your real estate agent’s paycheck.
  • Hiring a real estate agent with a lower commission will help you to make a greater profit
If you sign for a cheaper agent, there is a possibility that you may get poorer service.Highly-qualified, experienced agents provide you with the most comprehensive service, which in turn, lures in higher offers from a wider pool of buyers.
  • Real estate agents must show you home if you inquire about it:
If you have experienced your interest in a property, you will have to wait for a good deal. The real estate agents have very busy schedules, so in case you are planning on making an immediate, it should not be expected that they will show you home immediately.
  • Agents receive kickbacks or bonuses from affiliated inspectors and other associates:
According to certain laws, it’s illegal for an agent to receive favors, gifts or money from associated services. They don’t take the risk losing their career, livelihood, and identity.
  • Real estate agents will hide information from clients in order to land deals:
They will remain honest about your property if any form of repair or improvement is required before putting it on the market.
  • All real estate agents earn large salaries:
The as real estate industry is quite big, and during boom times, many experienced agents will earn a large salary. In a long-term perspective, you’ll find that most agents make the average median income.
  • While selling their property, the agents will make a higher profit:
The agents are aware that the sale price of the property. There is also a case for an estate agent to be willing to accept your lower offer because you present them with the opportunity for an easy and quick transaction.
  • Information about amenities:
This is not quite necessary. It’s not in a real estate agent’s best interest to make any negative comments about a neighborhood.
  • Real estate agents will say anything to make the sale or earn more profits
This statement is a fallacy for most salespeople in any industry. Most of the agents are honest as it affects their reputation.
To avoid such discrepancies and misconceptions it is advisable to buy home from a reputed builders like Godrej properties
There are some websites which aim to spread mistrust in real estate agents so that they can get you to subscribe to buy their product.

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