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WORKING ON SOLE – SELLING PROJECT

                 SAHIL SHAH
              REGIONAL MANAGER
      RE/MAX MUMBAI GUJARAT MAHARASHTRA

RE/MAX Mumbai Gujarat Maharashtra
ABOUT RE/MAX

  •Wide Network
  •Trust of a Brand
  •Strong Technology
  •Highly qualified Agents trained
  in real estate


90 Countries: 7000 Offices : 100000 Agents : 39 Years

15 States : 135 Offices : 500 Agents

RE/MAX Mumbai Gujarat Maharashtra
ABOUT RE/MAX BROKER OFFICE

    Past experience in             •One of the first Broker
     handling projects              Offices in city
                                    •One of the biggest
    Profile of broker              franchise offices in the
     owner of the office            country
    Awards that the                •Strong presence in
     office has won                 corporate and builder circle
                                    •System driven processes
    Training that the              to make your transaction
     office has gone                smoother and faster
     through
RE/MAX Mumbai Gujarat Maharashtra
PAST CLIENTS




RE/MAX Mumbai Gujarat Maharashtra
DEFINITION : MARKETING
    Marketing is the activity, set of instruction and
     processes for creating, communicating,
     delivering and exchanging offerings that have
     value for customers, clients, partners, and
     society at large.




RE/MAX Mumbai Gujarat Maharashtra
7 P’S OF MARKETING


                                             Product
                            People



                   Positioning                         Price



                     Packaging                 Promotion


                                     Place




RE/MAX Mumbai Gujarat Maharashtra
PRODUCT
    Compare the product with comparable offerings
     in the market place on a time to time basis
    Provide comparative market analysis report to
     determine the correct product pricing on a
     quarterly basis
    Features, amenities, project strengths and
     weaknesses on a quarterly basis



RE/MAX Mumbai Gujarat Maharashtra
PRICE
    Compare the price of the product to available
     products in the nearby market
    Price it as per the needs of the finance of the
     builder and try to bring maximum profitability for
     the builder
    Correct mix of investor : end-user to ensure
     project gets accepted well
    Wrong pricing can help nearby projects


RE/MAX Mumbai Gujarat Maharashtra
PROMOTION
 Above the Line promotion
  Local channel operators

  Local radio

  Out of home

  Magazines / Local supplements

  Nearby cinema

  Hoardings




RE/MAX Mumbai Gujarat Maharashtra
Below the line Promotion
  Direct mail

  Sales Promotions

  Flyers

  Point of sale booth at various places like malls,

   stations, offices
  Telemarketing

  Brochures




RE/MAX Mumbai Gujarat Maharashtra
WEB PROMOTION
    Separate website
    Specific promotion through Google Adword
    Social Media Promotion
    Listing on key portals
    Managed Promotion on portals
    Search engine optimization




RE/MAX Mumbai Gujarat Maharashtra
EVENT BASED SELLING
    Key Milestones of project:
     - Pre-launch, Bhoomipujan, launch, 25%-50% and
     75% of project completion
    Festival based selling:
     - Akshaya Tritaya, Diwali, Christmas/New year
    Education based selling
     - Brokers / End-user meets
    CSR Events
     - Blood donation drive at project
RE/MAX Mumbai Gujarat Maharashtra
PLACE
    Ensuring participation in key exhibitions at national and
     international level to sell the product
    Display and information in key targeted corporate in and
     around the area
    Local : MCHI, Times Property Show
 -   DNA Property
    International : RE/MAX shows around the world
    Property exhibitions like Sumansa, Pan-Eastern in
     Middle-East, Europe and Africa


RE/MAX Mumbai Gujarat Maharashtra
PACKAGING
    Ensure top-in-class coordination for designing in

 -   Brochures
 -   Videos
 -   Virtual Tours
 -   Commercial
 -   Advertising


RE/MAX Mumbai Gujarat Maharashtra
POSITIONING
    Position it to sell
    Ensure that genuine buyers are able to consider
     the product
    Build a brand so customers perceive us positively
     and position brand as a customer-centric
    Helping define a position in the market and
     working towards achieving excellence in the
     same
    Awards and rating agencies

RE/MAX Mumbai Gujarat Maharashtra
PEOPLE
    Well qualified trained agents / staff to market the
     project
    Local association promotion
    Creating an agent centric attitude to ensure
     more people are working on the field towards
     your project to sell it faster




RE/MAX Mumbai Gujarat Maharashtra
AND..
    Tieups with major housing finance companies
    Ensure local key influencers are updated and
     apprised on regular basis
     Community Involvement through raising of
     issues of local concern and participation




RE/MAX Mumbai Gujarat Maharashtra
FINANCIALS
    Be sure who is bearing cost of marketing
    Site office, sales office, cost of housekeeping
     agencies etc
    Be clear on when to say NO and understand your
     profitability game
    Ensure there is no parallel selling on the project
    Be careful whom you are loyal to work on in the
     transaction


RE/MAX Mumbai Gujarat Maharashtra
Thank You

         Feel free to send any of your questions to
                  helpdesk.mgm@remax.in



RE/MAX Mumbai Gujarat Maharashtra

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Working on sole selling project

  • 1. WORKING ON SOLE – SELLING PROJECT SAHIL SHAH REGIONAL MANAGER RE/MAX MUMBAI GUJARAT MAHARASHTRA RE/MAX Mumbai Gujarat Maharashtra
  • 2. ABOUT RE/MAX •Wide Network •Trust of a Brand •Strong Technology •Highly qualified Agents trained in real estate 90 Countries: 7000 Offices : 100000 Agents : 39 Years 15 States : 135 Offices : 500 Agents RE/MAX Mumbai Gujarat Maharashtra
  • 3. ABOUT RE/MAX BROKER OFFICE  Past experience in •One of the first Broker handling projects Offices in city •One of the biggest  Profile of broker franchise offices in the owner of the office country  Awards that the •Strong presence in office has won corporate and builder circle •System driven processes  Training that the to make your transaction office has gone smoother and faster through RE/MAX Mumbai Gujarat Maharashtra
  • 4. PAST CLIENTS RE/MAX Mumbai Gujarat Maharashtra
  • 5. DEFINITION : MARKETING  Marketing is the activity, set of instruction and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners, and society at large. RE/MAX Mumbai Gujarat Maharashtra
  • 6. 7 P’S OF MARKETING Product People Positioning Price Packaging Promotion Place RE/MAX Mumbai Gujarat Maharashtra
  • 7. PRODUCT  Compare the product with comparable offerings in the market place on a time to time basis  Provide comparative market analysis report to determine the correct product pricing on a quarterly basis  Features, amenities, project strengths and weaknesses on a quarterly basis RE/MAX Mumbai Gujarat Maharashtra
  • 8. PRICE  Compare the price of the product to available products in the nearby market  Price it as per the needs of the finance of the builder and try to bring maximum profitability for the builder  Correct mix of investor : end-user to ensure project gets accepted well  Wrong pricing can help nearby projects RE/MAX Mumbai Gujarat Maharashtra
  • 9. PROMOTION Above the Line promotion  Local channel operators  Local radio  Out of home  Magazines / Local supplements  Nearby cinema  Hoardings RE/MAX Mumbai Gujarat Maharashtra
  • 10. Below the line Promotion  Direct mail  Sales Promotions  Flyers  Point of sale booth at various places like malls, stations, offices  Telemarketing  Brochures RE/MAX Mumbai Gujarat Maharashtra
  • 11. WEB PROMOTION  Separate website  Specific promotion through Google Adword  Social Media Promotion  Listing on key portals  Managed Promotion on portals  Search engine optimization RE/MAX Mumbai Gujarat Maharashtra
  • 12. EVENT BASED SELLING  Key Milestones of project: - Pre-launch, Bhoomipujan, launch, 25%-50% and 75% of project completion  Festival based selling: - Akshaya Tritaya, Diwali, Christmas/New year  Education based selling - Brokers / End-user meets  CSR Events - Blood donation drive at project RE/MAX Mumbai Gujarat Maharashtra
  • 13. PLACE  Ensuring participation in key exhibitions at national and international level to sell the product  Display and information in key targeted corporate in and around the area  Local : MCHI, Times Property Show - DNA Property  International : RE/MAX shows around the world  Property exhibitions like Sumansa, Pan-Eastern in Middle-East, Europe and Africa RE/MAX Mumbai Gujarat Maharashtra
  • 14. PACKAGING  Ensure top-in-class coordination for designing in - Brochures - Videos - Virtual Tours - Commercial - Advertising RE/MAX Mumbai Gujarat Maharashtra
  • 15. POSITIONING  Position it to sell  Ensure that genuine buyers are able to consider the product  Build a brand so customers perceive us positively and position brand as a customer-centric  Helping define a position in the market and working towards achieving excellence in the same  Awards and rating agencies RE/MAX Mumbai Gujarat Maharashtra
  • 16. PEOPLE  Well qualified trained agents / staff to market the project  Local association promotion  Creating an agent centric attitude to ensure more people are working on the field towards your project to sell it faster RE/MAX Mumbai Gujarat Maharashtra
  • 17. AND..  Tieups with major housing finance companies  Ensure local key influencers are updated and apprised on regular basis  Community Involvement through raising of issues of local concern and participation RE/MAX Mumbai Gujarat Maharashtra
  • 18. FINANCIALS  Be sure who is bearing cost of marketing  Site office, sales office, cost of housekeeping agencies etc  Be clear on when to say NO and understand your profitability game  Ensure there is no parallel selling on the project  Be careful whom you are loyal to work on in the transaction RE/MAX Mumbai Gujarat Maharashtra
  • 19. Thank You Feel free to send any of your questions to helpdesk.mgm@remax.in RE/MAX Mumbai Gujarat Maharashtra