ICREA TO LOBBY FOR REALTY SECTOR

ICREA TO LOBBY FOR REALTY SECTOR
The Times of India (Bangalore edition)

At a recent International Consortium of Real Estate Association's (ICREA) global board of directors' meet at Ottawa, a series of education, technology upgradation and property marketing related issues were outlined for the Indian market.

It may be recalled that the National Association of Realtors - India (NAR-India) had signed a bilateral agreement with ICREA to bring this global body to the domestic market. This bilateral agreement makes it possible for member realtors here to interact with around 2.5 million realtors across 35 countries for real estate business.

"As the economy revives and the real estate market starts opening up, education will play a major role in garnering a better part of the pie. Clients will be more demanding in the context of optimum use of space, potential of property, and investment worth. This will mean realtors need to be geared up with a deeper understanding of the market and buyer", says Farook Mahmood, director - India, ICREA and Founder President, NAR-India.

ICREA has a host of education programmes for realtors that will be customised for the domestic market. The education programme includes courses on transnational referrals (TRC), valuation of property, legal matters related to transactions, and most importantly on marketing. All these are certification courses.