Six Steps to Building Good Business Relationships:

Any business venture requires good client relationship for its success. Good customer service is more important in the case of property managers; they dealing with the property owners under whom they work and also with the tenants who interact with them on a daily basis. An efficient and effective property manager is one who combines all the business practices to build a good customer relationship. The following are the six steps to build good business relationships.

Why Invest In Land during Economic Downturns:

In many parts of the world, economies are falling. There is talk about economic crisis, recession and credit crunch in the media like radio, television and newspaper. The brainy investors are changing prospect from commodities, forex and shares to land due to the financial bailout and bank crisis. Today, land is considered to be one of the assured investments. During economic downturns, the value of money may fluctuate whereas land has a fixed value. Despite the actions taken by the state, the value of shares is falling. The economy has not given any signs of recovery even though the government is bailing out tones of dollars to energize it. Failing is apparent and there are more banks that are at risk, the crisis being similar to that in the 30’s and 80’s.

How Testimonials helps In Real Estate Investing

Testimonials are the written or verbal statement of a person praising enthusiastically about a product. Testimonials are very important part of marketing. These serves as evidence of a product. Testimonials are also a very crucial part of real estate market as well.

Current Scene of the Indian Real Estate

The real estate sector has become a critical sector of our economy. It is on its growth path. It is having effect on the economy and contributes to almost 5 to 6 percent of GDP. In India it has become second largest sector which is providing employment to people after agriculture. It is also stimulating demand for cement steel paint building materials bricks consumer durables steel iron as well. After allowance of FDI by government we have seen boom in investment and developmental activities. Due to that many foreign real estate investment companies started investing in India. Property market in Indian cities is in bubble state and is expected to burst by November 2014. The primary cause for bubble state is political uncertainties and new RBI norms that severely restrict banking exposure to the real estate sector.