Opening of a real estate office

Very often, former agents are involved in such activities, possessing, as you might guess, the necessary experience and skills. In addition, the development of certain ties helps them in this. You might think that this is nothing complicated. However, according to statistics, new agencies very often close after one year of operation. Such activities are related both to paperwork, the provision of data, and with some other points.
It is necessary to own all the intricacies of the case in the legal sense, to control financial flows, have management skills, and build an effective team. To create a real estate company, special licenses and certificates are not required, just registration is required, be it IP, ZAO, LLC. The most common form of ownership should be considered LLC.

The terms of success of a real estate agency

The key advantage that a modern real estate agency has is quality staff. To cope with the creation of a successful business, you need to select high-level specialists. The most important employees are managers and agents who are involved in the conclusion of transactions, while managers are involved in the control of these transactions, and the management of agents. They should be outgoing people who are well versed in the current legislation, the specifics of this market. Experience and communication will be very useful. However, the most important factor will be the presence of certain personal qualities. People should be able to talk with customers, they require personal charm, as well as the presence of a broad outlook. Agents will receive all other skills already in practice.

For the most part, the agency payment system is piece-rate, despite the fact that sometimes there is also a salary to which interest is added. The remuneration rate most often equals 60 percent, sometimes it is 90 percent. When a company is larger, then the percentage is lower. At the first stage of work, an accountant in the state will not be required; you can use the help of a visiting specialist or working several hours a day. The salary of such a specialist, as a rule, does not exceed 300-350 dollars. Office space for the company can be rented or bought. Of course, option number 2 is more reasonable, because the presence of its territory makes it possible to promote and advertise the address of the company.