Question: What are the aspects of the real estate business in India and what are the opportunities are there in India to start this business?
Plan and Ideas to Start a Real Estate Business in India
Answer: Current booming market of real estate has given a tremendous offers to real estate agents who want to deal in real estate, flats, banglows etc.
The estate agent requires an office where he can be recognized to the buyer and seller. It depends upon you how you want to develop your self in this particular business. Estate agent can do the business without the place of business also. But in such case he would have to associate him self with other individual agents so that customer can be gathered.
Generally the association of real estate agents determines the commission or brokerages to be charged to customers so for that you will have to follow that rules. Even you can follow discounting policy to attract customer initially.
Keep the contacts of the area in which you deal , what are new projects to be started, who are the developers and what is the customer’s demand all these points are quite important to look into.
Start giving advertise in news paper , it will also help in gathering customers.