7 minute read
Bayview Realty
A Journey from Startups to Real Estate
Saish Chodankar’s journey into the real estate world began after an interesting career start in an online grocery startup. While working there, Saish connected with one of the investors, who, noticing Saish’s fascination with architecture and interior design, offered to mentor him in real estate. This pivotal moment set Saish on a path that would eventually lead him to become a respected real estate consultant at Bayview Realty.
After completing his Bachelor of Management Studies (BMS), Saish Chodankar found himself eager to explore the possibilities within the real estate sector. His transition from the startup world to real estate was driven by a deep-seated passion for the industry, which he continues to nurture and grow. Throughout his career, Saish has combined his business acumen with his love for architecture, leading to significant achievements in his field.
The Making of a Real Estate Consultant: Key Qualities and Skills
In the highly competitive real estate market, certain qualities and skills are essential for success. Saish believes that understanding clients' exact requirements and pain points is crucial. He emphasises the importance of thorough knowledge about the trade and local laws, as well as maintaining honesty and integrity in all dealings. Saish’s strong communication and negotiation skills have further solidified his reputation as a trusted consultant.
Saish’s ability to empathise with his clients and his keen understanding of the market dynamics make him a standout in the industry. He approaches each transaction with the intent to fulfil his clients' needs while ensuring that all aspects of the deal are transparent and fair. This approach has earned him a loyal client base and numerous referrals, which are the backbone of his success at Bayview Realty.
Staying Ahead: Keeping Up with Trends and Market Changes
To stay relevant and informed in the ever-evolving real estate market, Saish Chodankar actively engages with various professional associations and continually seeks out new knowledge. As a member of the Goa Association of Realtors (GAR), where he serves as Honourable Secretary, and a member of the National Association of Realtors (NAR), Saish remains at the forefront of industry trends and developments.
Beyond his association memberships, Saish makes it a point to stay updated through newspapers, both online and offline, and other social media portals. He also reads extensively on real estate and market trends, ensuring that he remains knowledgeable about the latest developments. Saish’s dedication to professional growth is evident in his attendance at industry events, which help him upgrade his skills and stay ahead of the competition.
Navigating Challenges: Overcoming Obstacles in Real Estate
Every industry has its challenges, and real estate is no exception. One of the most significant hurdles Saish faces is obtaining clear title properties. However, he has built strong relationships with experienced lawyers who ensure that due diligence is carried out thoroughly, mitigating risks for his clients.
Another challenge is vetting new clients, particularly those coming through online marketing channels. Saish employs a multi-channel approach to verify the authenticity of potential clients, ensuring that only genuine individuals are considered. This careful and meticulous approach to client screening not only protects his business but also maintains the high standards of service that Bayview Realty is known for.
A Tailored Approach: Saish’s Client-Centric Process
When working with new clients, Saish follows a structured and personalised process. The initial consultation, whether in person or over the phone, focuses on understanding the client’s expectations regarding the sale or purchase of property. For sellers, Saish creates targeted marketing strategies, initially reaching out to potential existing clients before expanding to social media marketing.
For buyers, Saish matches their needs with properties in his existing database. If a suitable property is not available, he sources options through other members of the Goa Association of Realtors. This client-centric approach ensures that every client receives tailored solutions that meet their specific needs, whether they are buying or selling a property.
Expert Advice: Guiding First-Time Homebuyers
Additionally, Saish advises first-time buyers to obtain a pre-approved loan if possible, as it demonstrates to sellers that they are serious buyers. This proactive approach not only simplifies the buying process but also enhances the buyer’s negotiating position, making it easier to secure the desired property.
Accurate property valuation is a critical aspect of Saish’s work as a real estate consultant. He conducts thorough market research, analysing recent transactions in the same locality to determine appropriate valuations. To ensure accuracy, Saish cross-checks these valuations with other realtors, further validating his assessments.
For older properties, Saish often recommends that clients obtain a property valuation from a bankapproved valuer and conduct a structural audit. This comprehensive approach ensures that clients have a clear understanding of the property’s value and condition, allowing them to make informed decisions.
Dispelling Misconceptions: The Reality of Real Estate
The real estate industry is often surrounded by misconceptions, and Saish is keen to address these misunderstandings. One common misconception is that real estate is only for the wealthy. Saish highlights the growing trend of fractional ownership, which allows individuals to invest in real estate without needing significant capital. This innovative approach opens up real estate investment to a broader audience, making it more accessible to the general public.
Another widespread belief is that real estate agents are not trustworthy. Saish counters this by stressing the importance of choosing a RERA-registered consultant who is part of both local and national associations. These memberships require consultants to undergo proper checks, ensuring that clients are working with professionals who adhere to ethical standards and industry regulations.The real estate industry is often surrounded by misconceptions, and Saish is keen to address these misunderstandings. One common misconception is that real estate is only for the wealthy. Saish highlights the growing trend of fractional ownership, which allows individuals to invest in real estate without needing significant capital. This innovative approach opens up real estate investment to a broader audience, making it more accessible to the general public.
Memorable Success Stories: Impacting Clients’ Lives
Throughout his career, Saish has had numerous success stories, but one in particular stands out. A client approached Saish with the specific need to find land for building a hotel. After spending two years searching through various agents without success, the client turned to Saish. Within a week, Saish sourced a land parcel that perfectly met the client’s requirements.
The deal was closed swiftly, and the hotel is now under construction. This experience not only highlights Saish’s expertise but also underscores his commitment to delivering results for his clients.
Looking Ahead: Exciting Trends in Real Estate
As Saish looks to the future, he is particularly excited about the trends of sustainable development and fractional ownership in real estate. He believes that as humans, we need to find ways to coexist with nature, rather than continuing to destroy it. Sustainable development projects that prioritise ecofriendly practices are essential for the future of the real estate industry.
Fractional ownership is another trend that excites Saish, as it democratises real estate investment and allows more people to participate in the market. By providing access to real estate investment opportunities without requiring large sums of money, fractional ownership has the potential to transform the industry and create new opportunities for investors of all backgrounds.
Conclusion
Saish Chodankar’s journey from a startup employee to a visionary leader in real estate is a testament to his dedication, integrity, and passion for the industry. His client-centric approach, commitment to continuous learning, and focus on sustainable development make him a standout figure in the real estate world.
At Bayview Realty, Saish continues to push the boundaries of what is possible in real estate, always striving to provide the best possible service to his clients. His success stories and forward-thinking approach serve as an inspiration to others in the industry, and his impact on the real estate market is sure to be felt for years to come.
