Real Estate: challenges
Threats and challenges the industry faces are...Updated: Mar 11, 2008 00:25 IST
Lack of formal education to prepare people to work in the industry.
* Part of the industry is still not organised. Individual brokers are struggling to keep up with professional services offered by property consultants.
*The perception that the industry is all about making a quick buck on that big deal leads people to walk in and out of it.
* Great demand but less availability of professionals means existing employees jump from one great offer to another.