RERA registration for agent brokers is now a compulsion without this RERA registration he will be ineligible to sell or advertise a property. For selling of old property as per well as new property RERA registration is needed. As per section 9 of “Real Estate (Regulation & Development) Act, 2016 (REDA) read with Rule 11 of above-mentioned Rules, every real estate agent needs to take prior registration with RERA authority of Maharashtra before dealing in any transactions relating to sale/purchase, advertising or brokerage of property of a project registered under this Act. RERA Registration online process helps to get certificate on fast-track mode. Real estate agent and brokers are connecting bridge between builders and investors.

“Real estate agent” means any person, who negotiates or acts on behalf of one person in a transaction of transfer of his plot, apartment or building, as the case may be, in a real estate project, by way of sale with another person or transfer of plot, apartment or building, as the case may be, of any other person to him and receives remuneration or fees or any other charges for his services whether as commission or otherwise and includes a person who introduces, through any medium, prospective buyers and sellers to each other for negotiation for sale or purchase of plot, apartment or building, as the case may be and includes property dealers, brokers, middlemen by whatever name called.”