Training from Lichfl
Introduction
&
Scope
INTRODUCTION
The purchase or sale of a home or investment property is not only one of the most important financial events in peoples’ lives, but also one of the most complex transactions. As a result, people usually seek the help of real estate agents and brokers when buying or selling real estate.
Real estate agents and brokers have a thorough knowledge of the real estate market in their community. They know which neighborhoods will best fit clients’ needs and budgets. They are familiar with local zoning and tax laws, and know where to obtain financing. Agents and brokers also act as an intermediary in price negotiations between buyers and sellers. Real estate agents are usually independent sales workers who provide their services to a licensed broker on a contract basis. In return, the broker pays the agent a portion of the commission earned from the agent’s sale of the property.
Property Service Division of LIC Housing Finance Limited deals with the same business of real estate. The need of entering in this field was felt by LIC Housing Finance Ltd due to increasing prospects in Real Estate business. There are many big brands namely ICICI realty, HDFC Realty, Axis Bank Realty etc.
A new line of business by the name Property services Division is being launched across the country in selected centers. The function of the Property services Division includes all activities involved in enabling a prospective homebuyer select the property up to taking the possession of the same. It is thus conceived to be a one-stop-shop for all the advisory services related to the above. Property services division, which offers investors and builders a single transparent platform to buy/sell office and commercial spaces and residential apartments/flats.
Scope of Property Service Division
The Real Estate Investment Scope In India- A Lucrative And Safe Option
Realty sector is one of those sectors that have always yielded high percentage of
&
Scope
INTRODUCTION
The purchase or sale of a home or investment property is not only one of the most important financial events in peoples’ lives, but also one of the most complex transactions. As a result, people usually seek the help of real estate agents and brokers when buying or selling real estate.
Real estate agents and brokers have a thorough knowledge of the real estate market in their community. They know which neighborhoods will best fit clients’ needs and budgets. They are familiar with local zoning and tax laws, and know where to obtain financing. Agents and brokers also act as an intermediary in price negotiations between buyers and sellers. Real estate agents are usually independent sales workers who provide their services to a licensed broker on a contract basis. In return, the broker pays the agent a portion of the commission earned from the agent’s sale of the property.
Property Service Division of LIC Housing Finance Limited deals with the same business of real estate. The need of entering in this field was felt by LIC Housing Finance Ltd due to increasing prospects in Real Estate business. There are many big brands namely ICICI realty, HDFC Realty, Axis Bank Realty etc.
A new line of business by the name Property services Division is being launched across the country in selected centers. The function of the Property services Division includes all activities involved in enabling a prospective homebuyer select the property up to taking the possession of the same. It is thus conceived to be a one-stop-shop for all the advisory services related to the above. Property services division, which offers investors and builders a single transparent platform to buy/sell office and commercial spaces and residential apartments/flats.
Scope of Property Service Division
The Real Estate Investment Scope In India- A Lucrative And Safe Option
Realty sector is one of those sectors that have always yielded high percentage of