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    Brokerage Offices Ranking Project

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    Ehsan Naderi
    The document outlines criteria for ranking real estate brokerage offices to enhance efficiency according to RERA's strategic plan. It describes four ranking categories: 1) Number of transactions carried by the office weighted at 35%, 2) Commitment to real estate regulations and laws weighted at 35%, 3) Experience of the brokerage office weighted at 15%, and 4) Structure and community service weighted at 15% and 5% respectively. Under each category it provides further sub-criteria and weights to calculate the overall ranking.

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    Brokerage Offices Ranking Project

    Uploaded by

    Ehsan Naderi
    18 views10 pages
    The document outlines criteria for ranking real estate brokerage offices to enhance efficiency according to RERA's strategic plan. It describes four ranking categories: 1) Number of transactions carried by the office weighted at 35%, 2) Commitment to real estate regulations and laws weighted at 35%, 3) Experience of the brokerage office weighted at 15%, and 4) Structure and community service weighted at 15% and 5% respectively. Under each category it provides further sub-criteria and weights to calculate the overall ranking.

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    brokerage_offices_ranking_project

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    The document outlines criteria for ranking real estate brokerage offices to enhance efficiency according to RERA's strategic plan. It describes four ranking categories: 1) Number of transactions carried by the office weighted at 35%, 2) Commitment to real estate regulations and laws weighted at 35%, 3) Experience of the brokerage office weighted at 15%, and 4) Structure and community service weighted at 15% and 5% respectively. Under each category it provides further sub-criteria and weights to calculate the overall ranking.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    18 views10 pages

    Brokerage Offices Ranking Project

    Uploaded by

    Ehsan Naderi
    The document outlines criteria for ranking real estate brokerage offices to enhance efficiency according to RERA's strategic plan. It describes four ranking categories: 1) Number of transactions carried by the office weighted at 35%, 2) Commitment to real estate regulations and laws weighted at 35%, 3) Experience of the brokerage office weighted at 15%, and 4) Structure and community service weighted at 15% and 5% respectively. Under each category it provides further sub-criteria and weights to calculate the overall ranking.

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    Objective

    Enhance efficiency of real estate service providers (brokers) in accordance with set policies for real estate sector and based on the strategic
    plan of RERA by creating ranking for brokerage offices
    Ranking Categories

    Four criteria were adopted for ranking of Brokerage Offices


    Criteria and Weight of each aspect

    Number of transactions(sale) carried by the office

    Commitment to real estate regulations & laws

    Experience of the brokerage office

    Structure

    Community Service
    First CRITERIA: Number of transactions (sale) carries by the office 35%

    This standard is based on number and value of sale transaction carried by the brokerage office in the LD’s database on monthly basis

    Weight Value of sale transaction Weight Total number of transactions


    %3 ‫ مليون‬4 - %5 8-1
    %5 ‫ مليون‬15 ‫ الى‬4.1 %10 15 - 9

    %10 ‫ مليون‬20 ‫ الى‬15.1 %15 24 – 16

    % 15 ‫ مليون‬+ 20.1 %20 + 25

    The above sub-criteria represents 15% The above sub-criteria represents 20%
    Second CRITERIA : commitment to real estate regulations & laws 35%

    This Criteria is calculated by the number of registered warning and irregularities committed the brokerage office

    %20 %15

    %20 0 %15 0
    %0 +1
    %5 1

    %0 +2 The above sub-criteria represents 15%

    The above sub-criteria represents 20%


    Third CRITERIA : Experience of the brokerage office 15%

    1 Point 1-5 years

    The points are given from the date of 3 Points 5.1 – 10 Years
    obtaining the license 6 Points 10.1 – 15 Years
    Brokerage Office Experience
    The points are given according to the
    average years of experience of working
    brokers

    2 Point 1-2
    Number of Branches
    5 Point 3-4
    %15 15 - total
    Fourth CRITERIA : Structure (10%)

    Weight Number Sub-Criteria

    %5 ‫ وسيط‬2 – 1

    % 10
    Emiratization
    3 above

    The above sub-criteria represents 10%


    Fifth CRITERIA : Community Service (5%)

    Weight Sub-Criteria

    %5 Community Service

    The above sub-criteria represents 5%


    THANK
    YOU

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