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Real Estate Agent License

Real Estate Agent License

The real estate business is becoming more organized and Haryana State is among one of the first state in the country to establish licenses for real estate agents. In Haryana, individual real estate agents have to pay a license fee of Rs.25,000 while a company would have to pay Rs. 50,000 for the licence. Real estate agent license from Haryana State would be valid for five years and can thereafter be renewed for a fee of Rs.5000 for individuals and Rs.10,000 for companies.

In addition to real estate agent license from State Governments that are mandatory, real estate agents can also become a member of National Association of Realtors – India (NAR-India). NAR-INDIA is a national level umbrella organization representing the interests of thousands of realtors/brokers operating all over the country. NAR-India aims to elevate the standards of practice of the real estate brokerage business to a global level where ethics, transparency, accountability, rule of law and good governance prevail.

The main benefits of NAR-India Membership for Realtors include:

  • Beneficiary of a credible image of the realtor profession in India.
  • National and international level business networking opportunities.
  • Consumer recognition in local as well as global markets.
  • International visibility of local business thru’ global niche listing.
  • Platform for lobbying with governments for benefit of the profession.
  • Opportunity for skill upgradation thru’ various education programmers, conferences and conventions on a continuing basis.
  • Access to accepted standard procedures, practices and products.
  • Platform for grievance redressal and conflict resolution.
  • Access to the globally recognized REALTOR logo, subject to conditions.

Real Estate Agent License

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