Real Estate Business is counted among the world's largest businesses. Perhaps you're surprised to know that then US President Donald Trump is also an expert in this business.
The business of buying or renting friends, real estate business, real estate or land, houses, shops, etc., is growing rapidly in India. And that's why there are countless opportunities available in this business as of today. One of those opportunities is the most important and beneficial opportunity to become real Estate Consultant or property dealer.
Who happens to be a property dealer/ Real Estate Consultant / Real Estate Consultant Real Estate Brokers / Real Estate Brokers Property agent?
Property dealer is a person who acts as a mediator in selling or renting houses, shops, land, etc. In a way, it is a bridge between the property owner and Bayer or the tenant and makes the deal final by merging these two parties together. In exchange for this work, he gets a commission or brokerage that can range from a few thousand to several lakh rupees.
How much brokerage can a real estate property agent earn?
Normally, when a property is rented, the agent can hire a rent of half a month to 2 months as commission. He takes commissions from both sides- from the owner and also from the tenant. And on the property's sale, it can get a commission of half to 2% of the property sales. Many real estate agents earn up to lakhs of rupees every month from this work.
A Real Estate Agent/Agent What does property dealer-do?
• Search for property
• Dealing with the owner
• Customer Detection
• Show properties
• Maintenance of property such as rangwana, repair, etc.
• Rent agreement to be made when deal is finalized
• Registering land in registry office when land is sold
• Prepare related papers when selling the shop.
• Check when houses are empty
•House is in perfect condition
• Electricity bill is deposited
• House tax is deposited
• etc.
Note: You don't necessarily have to do everything mentioned here in each case. What has to do will differ the case to case.
Becoming a Property Dealer or Consultant is a task in which you can earn real estate at no cost. Read the following 5 important tips to succeed in this work:
5 Tips To Become A Successful Real Estate Property Dealer
1) Focus on more experience than studying:
It doesn't require much technical education to start a business. Some private institutions provide such courses, but you can learn more well from the experience. Approximately 6 months to 1 year experience is right to start this business.
Learn these things while taking experience
• What means you can find the property?
• How customers can meet you?
• What legal documents are required?
• How to do practical work?
• Mathematical calculation related to flats, land, etc.
2) Use Soft skills and maintain credibility:
As a property dealer you need to deal daily with the landlord or land owner as well as your customers. Your communication skills should be good. You should not only come to talk politely to concerned parties, but you should attach the most importance to the trust factor in each of your activity.
Many times in this business, the property owner does not exist to show the property itself and gives the keys of his premises to the real estate agent. So if you don't fit into the trust factor, fewer people will deal with you. The easiest way to create a trust is to open an office of yourwork, maintain transparency, and complete what you make commitment.
3) To find a property, adopt these methods:
First of all, you need to have a mobile in hand and a two-wheeler to visit the area in which you want to do this business, so first of all, make a list of which properties are to be rented out and sold throughout the region.
Through finding property
• Daily newspaper will give you good property information every day
• Properties can be found on the Internet from Magic Bricks, 99Akers, Quikr, Commonfloor and a lot of such websites
• Group Facebook group pages created on social networks can also extract good information from WhatsApp app groups
• And most important is to locate property through your contacts.
Once you've worked hard to create a database of properties, you'll now just be left to find a right customer for them.
4) Find customers like:
You need customers to do business. This customer can meet you through:
• Opening office - Office must be in the right place from where customers can easily contact you
• Newspaper – By giving small advertisements in the newspaper
• Internet – Music BRICKS- 99Akers- Quikr- Commonfloor is something that advertises real estate can also get you customers through advertising packages of these websites
• You can also create a customer by creating your own website and promoting it on Google, facebook, etc.
• And just dial for real estate is also a good way to contact the customer
Once contacted by a customer, try your best to show him the property you deserve. Actually, there is a lot of competition in this field and if you are a little too loose, your business will go to someone else.
5) How to work and how to make profits
Property typically occurs in 4 categories
1. Residential – apartment flat, Banglo, Row House, House in which people live
2. Commercial – Shop for Business, show-room, etc.
3. Industrial - Factory or manufacturing unit setup space
4. Land
As a consultant, you either rent out or sell these properties.
Renting -
You can get brokerage suppleting a deal based on rental. For this, you first need to show the customer available properties. Since people in working days have BG, most people prefer to see properties on Sunday or on vacation. As an agent you should be prepared to entertain the client at any time. Once you've been established, you can hire some employees and get them done.
Too often the owner and customer's price is not available among themselves and that is why most deals don't materialize. It's your job to persuade the owner and customer for a single price if you succeed in it, you get a brokerage, a rent of 1 to 2 months or a one-off thing.
By making a cell-
Brokerages can also be found in the sale deal. This brokerage is 1 to 1 per cent of the property's price.
For example: If you offer a flat sale of Rs 25 lakh, you will get 50,000 brokerages for 2%.
But guys it's not such an easy task. No deal is so easily finalized. Often, parties don't agree with the price, sometimes even if there is no loan pass. But if the deal is ensured by overcoming all odds, your silver is silver.
Friends, patience and effort are essential in the work of real estate. Many people try to make it work for a few days. But in the beginning, they get frustrated and quit. Be patient at such times and continue to work hard and honestly, you will find success!
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