I want to set up a real estate company, how do I go about this?

[Ralphjoe]

This business idea has been in my mind for quite a while now, I want to own a real estate business whereby we will have properties of our own, managing clients properties, having agents working to sell properties for us.
This idea is so firm in my mind but I don't know how to bring it to reality.
Please guys how do I set up a real estate conp

 

[Abibatabosede]

You need to get an office with about three rooms; for private office, staff office and the reception where you have your clients wait comfortably when you have to attend to More than one client.

 

[Nurudeen]

For you to get started in the real estate business, you need to register your company and find a good location to situate your company. After that, you can start land flipping, buying of lands in small amount and sell after some years. Later on you can add other features into it

 

[giddy]

Real estate is not an overnight investments thing
Being on a tight budget and working on improving it means that you have to be very careful with your expenditures but again, to generate more income, you need to invest something.
Investing in real estate can be profitable since although real estate’s value fluctuates, it always holds some value. So, the trick to get the best out of such a deal is to be patient and wait for the most suitable time.

 

[Seun4luv]

Real estate investment is a good and reliable and lucrative business to invest into. Firstly, you need to register your company and get an office in a good location. Also, you need to start buying lands and property in order to resell.

 

[WhiteHouse]

Building a land business without any preparation takes cautious consistency and persistence. I think an extraordinary initial step is to take a best of luck at your objectives in the short, medium, and long haul.

Ask yourself a few inquiries to comprehend your objectives:

Do you need land to turn into your essential pay source or is it an approach to keep your cash working for you as an afterthought?

Will you approach any close to home association or data that will assist you with accomplishing your land objectives?

Is it true that you are a hands-off or involved financial specialist? As such, would you believe somebody to help you settle on the choice on what to purchase and how to deal with that resource? Or on the other hand are Yu the sort that needs to be driving out to the property to investigate it?

 

[Sincerem]

Fantastic idea, you need to do, is set out an office, rent base for your Real estate office, employ workers that will help you out to carry the work effectively too. Where you discuss any Real estate matters. Negotiate with clients, for potential agreement. Extend your connection beyond your location, by creating a business website using your Real Estate company attaching to it. Also create a page via social media, using same method verse visa.

 

[WhiteHouse]

I have a few pointers to share with you…but first, I would want you to ask yourself a few”qualifying questions”:

1- Are you comfortable creating relationships with complete strangers?

2- Do you have a large database of prospective clients, or do you have many social contacts and family that you could draw from?

 

[Alexandoy]

A real estate company that owns properties involves a huge capital outlay. That business cannot survive with just one property that you buy and later you sell, that kind of flipping is only for an individual. Usually a real estate corporation handles not only properties for sale but also properties for rental like condominium units and apartments. If you have the capital to invest on about 10 properties then you can register your company, hire people and do that start up.

 

[Bilal0087]

This business idea has been in my mind for quite a while now, I want to own a real estate business whereby we will have properties of our own, managing clients properties, having agents working to sell properties for us.
This idea is so firm in my mind but I don't know how to bring it to reality.
Please guys how do I set up a real estate conp

To initiate this business you should make proper planning and build your team to work collectively.
In order to do it practically you have to buy some land, then visit the markets and check people's demands, then sale land at discount rate to make customer and then start moving ahead.

 

[Ojonuyo]

To set up your own real estate company do not assume you know the way and have all it takes to venture into the business.
A candid advise is this: get in touch with those who are expect already in the field and if possible work under them to learn the strategy on how to go about it before you start yours. After acquiring the knowledge and your capital is ready, you can start.

 

[Erik4150]

Setting up a real estate company will not come at at a small cost. You will need to have a huge capital for this.
First you need a proper business plan and you must survey the environment where you want to begin this company.
You might want to partner with other real estate moguls who can show you how to start this business well.

 

[Trexxxy]

This is a fantastic idea , however you will need huge capital, or better still you can start small and continue to grow from there. Before you go into the business, I would advise you gain as much experience as you can about the business, learn from the best people in the business and then find ways to utilise your method better.

 

[Richard92]

Every real estate business must have an office, so the first thing you do is to get an office. Then the second step is to register the name of the company under the corporate affairs commission so that your company can be recognize, the next thing is to start acquiring properties (land and building) for sales, you can start with few employees which legal pratitional must be among.

 

[Oloritoks]

It is better you start as an agent before delving fully into starting a real estate company, starting such require so level of understanding,expertise and knowledge not just on a novice level so as not to be see as quack.

 

[Ojonuyo]

It is better you start as an agent before delving fully into starting a real estate company, starting such require so level of understanding,expertise and knowledge not just on a novice level so as not to be see as quack.

Yes, you are right! It is advisable you start up as an agent since you are new to the world of real estate. This will help you get familiar with the business, and also connect you with other real estate agent who will guide you through or can partners with you to start up the your own estate business.

 

[Sariana23]

The first thing you should do is have knowledge and a credential issued from private institutes or authorization from government entities. Have a place in a good location, create the name of said real estate and register it in the Real Estate Institute. With this you can start looking for potential clients both for sales or property rentals, this is achieved with good online and offline marketing.

 

[Eodine]

Before setting a physical office and legal documentation you should consult with people already in the real estate business so as to know the ups and downs, pros and cons of the business, you might try sourcing the information from the internet.

 

[Briangsam]

Starting a real estate business is capital intensive as you must have known. Before starting the business, you must register the company, get an office in an easy to locate area and have properties for sale or lease.

 

[Josephjossy]

What's matters is if you have any experience in the business. Before you Start a company you need to have the basic knowledge of how the business works. Then you will need so capital to build up the company