How to Start Property Consultancy Services Business in 2023 ?

Property Consultancy Services Business: If you want to earn thousands and lakhs a month, then the business of property consultant can be better for you. If you want to buy a house, land etc. in the city, it may not be possible in today’s times without contacting a property consultant.

In fact, property consultants not only connect customers to builders, but also play an important role in helping common people get their dream houses, flats etc. If you do not have a property consultant, you will neither be able to know the market price of the properties nor will you be able to make the right purchase.

How to Start Property Consultancy Services Business in 2023 ?

Actually, property business has grown rapidly in the last few years. If you are interested in the sale of flats, land etc., then the work of property consultant can be best for you. Before starting the work of a property consultant, it is important that you gain one or two years of experience by working under a big property consultant. This will help you understand the intricacies of this work.

Let’s know how a career can be made in property consultancy? How can I start my business as a property consultant? To start your own property consultant business, it is important that you have to open an office in the market area. You can open an office according to your budget and can also hire staff according to your budget.

If you want, you can do this work yourself in the initial stages. Make the office in such a way that there is good arrangement for customers to sit. Keep in mind that the office should be at a place where there is a feeling of business or where building work is going on.

Publicity is very essential for this business. You can advertise your consultancy service on the Internet, local newspapers, magazines, etc. With this, people in the surrounding area will start getting to know you and your consultancy business will also flourish.

How does income come from this business?

Success in this business depends entirely on communication skills and links. If you work with reputed builders like Raheja Group, Gaur & Sons, Parshvanath etc., you will not only earn well but will also build your reputation in the market. Suppose, you have taken an agreement for the sale of 20 plots from a builder and the price of one plot is Rs 30 lakh.

The thing to note here is that in most of the cases, two percent of the price of the property is given to the consultant. In this way, one can earn Rs 60,000 by selling a flat. If you are successful in selling even four flats in a month, then you can easily earn Rs 2 lakh 40 thousand. It has been seen that in many cases, two property consultants do business by making a compromise with each other.

Later they divide the earning amount. If you have signed an agreement with a good builder, you can earn good money. Apart from this, property consultants also do the work of renting and giving houses. In this, consultants take commission from both landlord and tenant. What kind of skills are needed in this field? Apart from knowledge of English, good communication skills are very important. One should also have understanding of market trends, marketing and sales.

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