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MahaRERA Announces Results for 6th Real Estate Agent Examination

Housing Project

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced the 6th examination real estate agent exam results. This latest round saw the highest number of candidates successfully clearing the test compared to previous rounds, with a remarkable passing percentage of 89%. A total of 6,755 out of 7,624 candidates passed the exam.

Key Highlights of The Real Estate Agent Exam Results 6th Examination:

Comparative Passing Percentages of Previous Examinations:

Breakdown of Certified Agents Over Six Examinations:

Mandatory Certification for Real Estate Agents

As per the MahaRERA circular issued on January 10, 2023, it is mandatory for real estate agents to undergo training and secure certification to register for the first time and to renew their licenses. This move ensures that property consultants are well-versed with the provisions of the Real Estate (Regulation and Development) Act, 2016.

Role of Real Estate Agents in the Industry

Real estate agents serve as intermediaries between homebuyers and developers, making their role crucial in the housing sector. They are often the first point of contact for prospective buyers, providing essential preliminary project information. Agents play a significant role in educating buyers on important aspects such as:

The responsibility of ensuring compliance with the RERA Act, 2016, rests heavily on real estate agents. They help ensure transparency and uniform implementation of the Act, aiding homebuyers in making informed decisions.

Apart from accessing project details via the MahaRERA website, homebuyers also rely on property consultants for guidance, making it vital for agents to be thoroughly knowledgeable about real estate regulations and compliance.

Conclusion

With the 6th examination results showcasing a high success rate and increased participation, it is evident that the regulatory framework implemented by MahaRERA is ensuring well-informed and qualified real estate agents in Maharashtra. The mandatory training and certification process is a significant step toward professionalizing the real estate sector and enhancing buyer confidence.

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