Property business does not always have to be with large capital, even this business can be done without capital. The most important capital to start a property business is speaking skills. Everyone is certainly equipped with the ability to speak since birth, of course this is not a big problem for those of you who want to start a property business. Below is a summary of 9 ways to start a property business from scratch with no capital that you may be able to try.
1. Starting from Zero
When you jump right from scratch, you actually have more expertise than other business people who continue a business starting from the middle level. You will learn how to overcome every failure and of course when you succeed, the feeling of satisfaction is unmatched. So anyone who says that a business starts from scratch is hard, you have to prove to them that it's not always like that.
2. Diligently See Ads
Currently there are many media that contain property advertisements. The sources are also diverse, can be from the internet, newspapers or billboards on the street. You can also market the property that is being sold to relatives or people in need. When putting up a price, charge a slightly higher price so that if sold, you get a profit.
3. Start with Your Environment
Around you there must be many people who want to buy a house or sell it, you can observe and participate in 'nimbrung' when there is talk about this. Ask for more details of what kind of home to look for and where it is located. When you are just starting a business, you can learn how to run this business. There is no agreement if you have to find a house until you can. So this business is nothing to lose. But you also have to be diligent and focused in finding a property so that the results are not in vain.
4. Looking for Prospective Sellers
When you have discussed with prospective buyers, then your next task is to find prospective sellers. To find a property for sale, you must first diligently visit the location of housing and property exhibitions that are being held in your nearest area. Location determines the price and interest, dig as much information as possible so that prospective buyers also have a satisfactory picture of the existing home choices.
5. Offer Cooperation
When you've found a seller, start offering cooperation. It's good to write the cooperation on paper so that it is clearer and does not harm any party. Also ask the details of the house sold, such as area, floor, price, surrounding conditions, and the desired payment method following the commission you will get if you succeed in selling the house.
After tying up cooperation, your job is to find the right buyer. This is where your marketing skills are needed. You have to understand how to convince potential buyers. Also keep in mind, do not exaggerate the facts about the state of the property because it means you are not honest in business. If you are caught lying, they most likely do not want to 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 terms of the commission that you will get if you succeed in selling their home. Therefore, the written agreement should be about the percentage of commissions given instead of raising the price of an already exorbitant house.
6. Create a Website for Promotion
Currently, the technique of promotion with zero marketing is to use online media. You can share information via Facebook or Twitter. Another way is to create a free website on blogger.com or wordpress.com. This website can bring together buyers and sellers. But all contact has to go through you. So, do not provide contact information of buyers or sellers on the website. Marketing through online will expand your network so that buyers from outside the island can see the properties you offer. Make sure you put up a photo of the actual and complete house.
7. Create a Business Brand
When the business starts smoothly, you can create your own business brand to be more professional. Look for a name that is easy to remember and make sure you have registered the name legally so that things do not happen that are not desirable. Prospective buyers and sellers will trust more in a service that already has a name and proved useful for them. At this stage, registering a business brand does cost money. If your budget is limited, you can borrow in advance to a family relative or bank and commit to returning it on time.
8. Set Aside Profits
Every time you make a profit from commissions, make sure you set aside some of that income to save and enlarge your business later. You can also set aside some more to give. By sharing the windfall, your sustenance will be facilitated by God.
9. Looking for Employees
When the effort is getting bigger, you can't be forever looking for potential buyers and sellers alone. You need help from others or maybe even a colleague to be invited to work together to raise the business. At this stage, your experience is already a lot because you have dabbled in a property business starting from scratch. This is a good time to develop a business and minimize the possibility of failure. If the capital has been collected, there is no harm in finding staff who can take care of all administrative needs and market the property that goes to your listing.
Achieve Success with the Property Business
Those are the important points in how to start a property business from scratch without capital. Some of the above methods can be done without using large costs. Keep in mind, the true location of success is the journey to that success. Success gained instantly will not last long. But success that begins with failure will shape your character as a businessman so as not to give up easily. Hopefully these tips are useful for those of you who are starting a property business.
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