Forming a company is not a big issue but without R&D there will be the chance of failure so, if you want to build a real estate company, then firstly you need to gain experience or analysis over covers real estate principles, real estate law, real estate finance, and contract law.
1. Find your mentor
I think without mentor or guru, you are unable to start working in any sector. So, try to find a mentor for yourself, who will guide you time to time, and will not take money from you. You can give them a gift for smooth guidance. Defence welfare housing society is one of the best society, and the mentor of this society is associated with Forest Hill Golf & Country Club Resort Chandigarh.
2. Training
It's not just about buying land and selling plots, flats. Exactly, You need to know how to manage people, recruit agents, broker, and market. What are the government departments, from which what-what permission is required to take? It is my advise you take one to three years training under any reputed real estate brokerage agency.
3. Get License from government office
After completing your training, you need to get a license from government office which gives you rights build a company. First of all, you will have to submit a unique name for your company. You are ready to register your company. Now, you will have to submit a criminal background certificate, registered office proof, digital signature, PAN card, 500/- for the registration fee, bank account detail, shareholder name with percentage, and your address proof, when you are going to applying in the government office.
4. Build an RE Agent Budget
Developing a real estate company at the government office is not a big matter, but consider an amount of money and their arrangement is a big matter. You are going to hire a real estate manager, who will manage all thing, and he/she will take a salary from starting date. Now, you both are going to start work together. Business cards, signs board, advertising, website making and association fees are the few things which will take much of money for your startup initially. As we know that real estate is a commission-based business, so you will have to keep extra money with yourself for few moth from starting. As time will pass, you will understand the everything.
5. Create a website
Nowadays, Website is very important for any business, same way here, you will have to create a website, so you will have to hire a website developer. Creating a perfect website, it includes web design, development, and contents. So you are going to in touch with you website makers and it will take time. And after completing your website, you will have to hire SEO specialist to boost your website to google and yahoo. For such type of reference, you may visit at Defence housing society website.
Now, you are in smooth process of working
Good wishes to you.
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