Indian real estate agents. The real estate industry has historically been confronted with business cycles characterized by periods of prosperity after periods of recession. Following the 1991 real estate crisis, the economic landscape of the sector has changed dramatically. Its restructuring was marked by a concentration of companies, and large groups currently dominate the market in many segments.
A new positioning is taking place, which has significant consequences for real estate players and management positions. Real estate subjects in the usual sense are real estate agents who carry out transactions for the purchase or sale of housing or leases, or developers who sell and offer housing for sale. This very restrictive vision, however, needs to be nuanced: operations may include other real estate objects besides housing, such as offices, enterprises, business premises and, more generally, a built-up heritage.
Moreover, real estate activities are not limited to acquiring for sale or leasing: upstream it is necessary to make a decision on the construction of buildings, finance them, then they must be managed, taken care of their profession and their profitability, supported by their condition, improve them, sell these goods; until the day when the moment of their destruction comes.
Thus, problems with real estate cover the entire life cycle of real estate services. In addition, the state itself, local authorities and state institutions are also entities in the real estate sector. Real estate is a multiform sector; its field of activity is wide and diverse, both in the richness of its products and in the functions that it covers. The constant evolution and adaptation of companies to a new market gives rise to the emergence of new enterprises, as well as the transformation and evolution of more traditional activities, the purpose of which is to satisfy the needs of customers. more and more demanding.
Real estate services. Rationalization of costs, valuation of assets, development of new service offers, quality of service, certification: many of the changes that require managers to become proposal forces are competent in their core business, but also have additional skills. This coordinate system for real estate managers offers a series of 20 job descriptions that will allow young graduates, managers and HR specialists to find their direction in a sector that is changing and often little known.
Housing offices. State offices are of two types: – State offices of moderately rented houses, of an administrative nature, – State offices of development and construction. Industrial and commercial. These are state institutions under local authorities, managed by a board of directors consisting of representatives of local authorities, administration, financial and social partners and tenants. They manage 2 million homes and 4.7 million people. They build, manage and improve housing for rental and tenure, intervene in government planning and urban planning, and are providers of services in all areas of housing.
They are present in more than 6500 communes and contribute to the balance of the territory, its development and the harmonious development of the city. Cooperatives are variable capital companies based on the cooperative principles of democracy and transparency. They intervene in all social housing professions: owning a social home, managing construction and renting, and managing real estate. They also act as developers and land plots. They account for more than a third of household production, and they manage more than 50,000 joint ownership plots. Companies with a mixed economy.
Professional investors. Real estate services. These are construction and property management companies owned by investors: banks, insurance companies, pension funds, etc. The professionalization of this activity leads to specialization in real estate asset management, also called “asset management”.
Real estate companies. Real estate companies are interested in owning real estate for rental and to receive income from them. They can be universal and have homes, offices and enterprises, or more specialized or even dedicated to the development of the site. In recent years, these companies have become more focused on corporate real estate, which is more profitable. Civil Real Estate Investment Funds (REIT).