According to a Survey 70% dealing of Real Estate Industry India is carried by Channel Partners i.e. Real Estate Agents. A real estate broker owes his client fiduciary duties, those duties include Care, Confidentiality, Loyalty, Obedience, Accounting & Disclosure. A real estate broker owes his customer fair & honest dealing. In most jurisdictions, a person must have a license before they may receive remuneration for services rendered as a Real Estate Broker. Unlicensed activity is illegal, but buyers and sellers acting as principals in the sale or purchase of real estate are not required to be licensed. Unlicensed agents are suffering from unnecessary stress and hassle - and sometimes loss of money - by giving incorrect or misleading advice or offering poor standards of customer service.
The main objective of AREA Chennai is to bring all the real estate agents under one cluster and get united, maximize their social and business reach, to get more and more business and earn a handsome amount which is their genuine rights. of area is to foster such a structure and to make such a system where zero level problem suppose to be arisen, and if it happen then AREA will provide all kind of supports to its associate members such as brokerage, legal ,website and annual return.