9 How To Start A Property Business

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Property business does not always have to be big capital, even this business can be done without capital. The most important capital for starting a property business is speaking skills. Everyone is certainly equipped with the ability to speak from birth, of course this is not a big problem for you who want to start a property business. Below is a summary of 9 ways to start a property business from scratch without capital that you might be able to try.

1. Starting from Zero

When you jump directly from scratch, you actually have more expertise than other business actors who continue a business starting from the middle level. You will learn how to overcome every failure and of course when you are successful, the feeling of satisfaction is unmatched. So anyone who says business from zero is hard, you have to prove to them that it is not always that way.

2. Diligent Viewing Ads

There is now a lot of media that includes property ads. The sources also vary, can be from the internet, newspapers and billboards on the road. You can participate in marketing the property that is being sold to relatives or people in need. When installing a price, fix a slightly higher price so that if sold, you make a profit.

3. Starting from Your Environment

Around you there must be many people who want to buy a house or sell it, you can observe and participate ‘nimbrung’ when there is talk about this. Ask more details what kind of house to look for and where it is located. When you are just starting a business, you can learn how to run this business. Yet there is no agreement if you have to find a house until it can. So this business is nothing to lose. But you also have to be diligent and focused in finding the property for the results are not in vain.

4. Finding a Seller Candidate

When you have discussions with potential buyers, your next job is to find prospective sellers. To find the property for sale, you must first go to the residential and property exhibition that is being held in the area nearest you. Location is very decisive price and interest, dig information as complete as possible so that prospective buyers also have a satisfactory picture of the existing home choice.

5. Offer Cooperation

When you have found a seller, start offering a partnership. It is better to write the cooperation on paper to be more clear and not harm any party. Ask also details of the house being sold, such as the area, floor, price, surrounding conditions, as well as the desired payment method and the commission you will get if successful selling the house.

After binding cooperation, your job is to find the right buyer. This is where your marketing skills are needed. You must understand how to convince potential buyers. Please also be aware, do not to exaggerate the facts about the state of the property because it means you are not honest in the business. If caught lying, chances are they will not use your services anymore.

In terms of price, do not raise the price too high because the prospective buyers will run away. The sellers usually have given the commission provisions that you will be able to successfully sell their homes. Therefore, the written agreement must be about the percentage of commission given instead of raising the exorbitant house price.

6. Creating a Website for Promotion

Currently, promotion techniques with zero marketing is to use online media. You can share information via Facebook or Twitter. Another way is to create a free website at blogger.com or wordpress.com. This website will be able to bring together buyers and sellers. But all contacts have to go through you. So, do not provide buyer or seller contact information within the website. Online marketing will expand your network so buyers from outside the island can see the properties you offer. Make sure you install the actual and complete photo of the house.

7. Create a Business Brand

When business starts smoothly, you can create your own brand to be more professional. Find a name that is easy to remember and make sure you have registered the name legally in order to avoid the things that are not desired. Potential buyers and sellers will be more confident with a service that already has a name and proven to be beneficial to them. At this stage, registering a business brand does cost money. If your budget is limited, you can borrow it first from family or bank relatives and commit to return it on time.

8. Set aside Profits

Each time you make a profit from the commission, make sure you set aside some of the revenue to put together and enlarge your business later. Can also set aside some more for charity. By sharing fortune, surely your sustenance is made easy by God.

9. Looking for Employees

As the business gets bigger, you can not always look for potential buyers and sellers alone. You need help from someone else or maybe even a colleague to be invited to work together to grow a business. At this stage, your experience is overwhelming because you have been in the property business from scratch. This is a good time to grow the business and minimize the possibility of failure. If the capital has been collected, there is nothing wrong to find staff who can take care of all administrative needs and marketing the property that goes into your listing.