Thursday, 17 November 2016

The Role of Real Estate Agents and Their Registration Process

Real estate agents are the support system of the real estate market. They operate in the market where money is either brought by the buyers or by the promoters. In developed countries like the U.S, a real estate agent is valued extremely high by the public. A real estate agent must register for rera. 


What is the role of real estate agents?

They realize the value of the fact that they are the medium through which a buyer and a promoter meet. A real estate agent is a catalyst through which selling and buying can be done smoothly in the market. However, before coming into the market, they have to complete a mandatory Rera registration for agents
They realize the value of the fact that they are the medium through which a buyer and a promoter meet. A real estate agent is a catalyst through which selling and buying can be done smoothly in the market. However, before coming into the market, they have to complete a mandatory Rera registration for agents. 

Rera Registration for real estate Agents

The Real estate act makes it compulsory for all residential as well as commercial real estate projects over 500 square meters to complete a Rera agent registration process. This is done for providing greater transparency in the marketing and execution of projects. For those current projects which have not obtained a completion certificate will have to pay a Rera agent registration cost and complete the process within three months. 
Those who are thinking on How to Register with RERA, they can visit their website and understand the whole process. There is also the facility of online registration for rera. After the registration process ends, the promoter of the project will be provided with a login id, registration number and a password for the applicants to fill up important details. 

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