Real Estate as a profession is always seen as a business driven by urorganised players like milkmen, iron-walas and security guards who just get a tip off information from their existing client base. They are subsequently matched with demand which flows through their internal reference for residential requirements. We have seen over years now that this has slowly evolved and the neccessity of an agent representation gaining momentum over various reasons including and not limited to such as time constraint, professional approach etc..

The fundamental reason on research gave indications that the only business model with limited or no capital investments is the prime driver which entertains them engage their part time into this profit making venture.

Real Estate transactions can broadly classified into 4 categories:

• Residential

  
  




• Commercial (Office)

  
  




• Retail

  
  




• Land

  
  

The commercial based transactions are considered as the most profitable ones as these produces larger fee potential, whereas Residential which covers a market share of 90- 95%.has seen as a limited fee potential. Larger Commercial spaces are predominately absorbed by various Multinational / National entrants specialized in outsourced business solutions. They have expanded leaps and bounds by commiting to commercial development by the developers. These companies are mandated to serve them by their intenational partners due to attributes such as quality of service, reliability, turn around time and most importantly the cost factors which is the major advantage for securing their business

With the given evidence of Commercial developement seen across the nation, Residential and Retail development with Land base as an investment are being promoted by the local, national and international developers. Though real estate has been seen as a task of daily routine, the unorganised playeres mentioned earlier do not qualify to service these clients. Consultants who have international presence and agents with proven track record have started servicing these companies by offering them fitted out space and addl facilities like back up power, increased efficiency rates etc.

Though the traditional Residential sales and leasing are controlled by the unorgansied players who come handy and available at their reach, the commercial .businesses are far fetched to their lines of operations. We have seen a commendable improvement in the office space transactions offered by the consultants and orgainsed agent communities.