Cecilia Jaoude With Pearce Real Estate Firm

Real EstateCongratulations on beginning the process of shopping for or selling a house. Please word: You may only apply for the licence after you have finished the qualification. The licence software is a separate course of that is independently managed by REAA, and might take around a month. The sooner you complete the qualification, the sooner you can apply on your licence and start selling property.

There are two mezzanine rooms in the home, one on the staircase landing between the primary and second floors, the opposite between the second ground and the roof. The roof terrace overlooks the Medina, a sea of satellite tv for pc dishes on old rooftops, a number of minarets in the distance, and Mount Zalagh beyond. On the roof are two rooms, one used as a laundry room.

Town has two distinct real property markets: the Medina, and every thing else. Affluent Moroccans tend to buy within the new a part of Fez, Mr. Sola mentioned. Practically all properties in the Medina are Moroccan-owned, normally handed down by families, he added. But when a foreigner does buy property in Fez, it’s prone to be within the Medina.

You are able to do additional training to change into a department supervisor or real property agent and once you have not less than three years’ experience as salesperson then you may apply to be licensed. This opens up your career alternatives, and many actual estate salespeople go on to begin their very own business.

There are not any restrictions on foreigners — no nationality forbidden,” as Mr. Elsener put it. This house has clear title, an official documented historical past of previous ownership. Within the Medina, solely about 10 percent of properties are in that category, and it gives their consumers a big advantage. Nobody can come and say, ‘My grandparent gave me half of this house,’ ” Mr. Elsener stated. It is a very safe transaction.” And without the title, the buyer may need been subjected to a prolonged bureaucratic course of and a price of practically $9,000 in tax and legal fees, in order to get hold of correct documentation from the Metropolis of Fez.

The company management contains Sameer Gehlaut – Chairman & Non-Exe.Director, Narendra Gehlaut – Vice Chairman & Exe.Director, Gurbans Singh – Joint Managing Director, Vishal Gaurishankar Damani – Joint Managing Director, Ashok Brijmohan Kacker – Non Executive Director, Bisheshwar Prasad Singh – Unbiased Director, Shamsher Singh Ahlawat – Independent Director, Labh Singh Sitara – Independent Director, Gyan Sudha Misra – Independent Director, Shamsher Singh Ahlawat – Impartial Director, Labh Singh Sitara – Independent Director.