How to become a real estate agent?
To become a property dealer in India, it is necessary to obtain registration under RERA (Real Estate Regulatory Authority). The Real Estate (Regulation and Development) Act 2016 has regulated and organized real estate businesses so as to facilitate home buyers and agents alike in their transactions. The RERA registration process and its fees vary across states.
In addition to RERA registration, the agent should also apply for Professional Tax Registration (PTR). PTR refers to the tax imposed by every state for performing professional services in the region. The state tax department provides a PTR to the agent by charging a fee (the fee varies between states), and this registration certificate must be renewed annually.