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Sunday, December 27, 2009

NIREM takes initiative to develop human resource for Indian Real Estate

With the meteoritic growth in real estate sector during last few years, the property and real estate business became more complex in structure and more international in scope, which created the shortage of trained real estate professionals. This shortage of trained and competent real estate professionals highlighted the need for specialised real estate education in India. In addition, now at the taking off stage when real estate in India has again started moving up, Indian real estate requires people who have very strong professional skills across the spectrum of property business, for example, at present the property and real estate business in India requires not a sales manager who has experience of selling everything but a sales manager who has actually studied real estate, knows the fundamentals of property business and is therefore expert in selling properties.

Indian real estate industry leaders including top real estate developers, multinational real estate consultants, housing finance institutions etc have repeatedly aired their concern at the total absence of courses in real estate in India. Infact, there is no system of real estate education in India at all, which is visibly affecting the quality of human resources available to the Indian property market. Also, though real estate is one of the largest employers and there are thousands of vacancies at different levels and in different areas, developers are forced to spend huge time and money on selecting and training candidates from other sectors. Moreover, once trained, these people leave immediately for better opportunities and therefore the cycle of spending time and money on recruiting and training candidates from other sector continues for the developer.

In view of the situation, IDS National Institute of Real Estate Management (IDS NIREM), www.nirem.org, has launched a one-year distance learning Post Graduate Diploma Program in Real Estate Sales & Agency Management (PGD-RESAM), to create a pool of human resource, committed to serve the real estate sector. These trained professionals, due to their commitment and specialization in real estate, will serve real estate companies for long duration, contrary to others who leave as soon as they get next opportunity.

This is the first such specialised real estate sales & marketing course offered in the country. Property market analysts also attribute launch of this specialised courses to qualitative growth of Indian real estate market and its movement towards next state from the nascent stage.

The course objective is to provide the participants with thorough knowledge and practical skills to plan & execute successful sales & leasing strategies for different types of properties, plan & manage real estate agencies and carry out basic appraisal.

This high impact, industry-driven and employment-oriented program offers both the fresh graduates who intend to pursue a career in real estate and the working professionals, an unequaled educational growth and career advancement opportunity. For further information can be obtained from www.nirem.org