RERA Consultants is making the real estate agents and buyers aware of the new guideline set by RERA for the agents and also it will provide the consulting service to the agents to get registered by RERA.
The Real Estate Agency of India passed the Real Estate Regulatory and Authority (RERA) Act in
March 2016. This act has been made in accordance to increasing complaints against the builders
or promoters and the real estate agents. These complaints are mainly regarding the late
possession of a house to the buyer, faults in the society, irresponsible behaviour of promoters
after the signing of the agreement and many such issues.
Registration : -
1.It is now a compulsion for an agent to get registered with RERA. Without this registration, he will
be ineligible to sell or advertise a property.
2.Registration will be a simple process, as the agent only has to submit all the documents asked by
the authority. We will update the requirements of the authority as and when it starts to set up
those norms. We will also support the agents with the time schedule as to when will be the
registration starts and all as we get updates from RERA itself.
3.We all know that somewhere down the line, the government also becomes a part of unethical
behaviors of some agents by delaying their approvals. This can come as good new to the existing
and budding agents as now the government has to either register of reject their application with
in the given amount of time and also, it has to give a written clarification that on what grounds is
the applicant is getting rejected. If the government fails to do these steps, a person automatically
becomes an agent.
The agent must have all the records of the promoters as well as their projects. These
documents should be presented to the buyers as and when required.
He should not advertise or misguide the general public with the facts of the project that are
He should understand that being an agent is a responsibility to fairly handle the hard earned
money of a common man. Thus, he should not try to trick a customer by giving him false
information or by any method. A real estate agent must understand that a buyer, very rarely
knows the laws when buying a house and it’s his duty to introduce each law to the eyes of a
These is the summary of the role of real agent and his registration process. The government has
wisely chosen these steps as it wants to create a long run of trust building between an agent and
the buyer. Our consultancy will help the agents to get accustomed to the registration process and
do not feel any kind of hesitancy towards registering themselves. We will help to build a stronger
relation between the buyer and an agent by providing proper assistance and interactions. RERA
Consultants will guide the agents who gets rejected as our team has done a complete research on
the rules and regulation and documentations required to get registered with RERA. We will make
sure to draft a flawless application so that the process gets easier.
All this is done so that the buyer can gain confidence with the agents. The massive efforts from
the government and RERA Consultants would mean nothing if the common man does not see this
as an opportunity which can be profitable to all. A buyer must keep a broader mind and
understand the complete picture.
For more information visit: How To Register With RERA