How to become a BoroMela.com Certified Real Estate Sales Person?

You can become a BoroMela.com Certified Real Estate Sales Person if you have the following qualification and knowledge:

1. Minimum Bachelor Degree
2. Computer and internet access at home
3. Good understanding of how to list a property at BoroMela.com
4. Strong English Writing skills to be able to profile a property in a attractive way
5. A good understanding of the processes involves transferring the ownership of the property from the seller’s name to buyer’s name.
6. A good understanding on the required documents to sell or buy a property

How do I get selected by BoroMela.com to be a Certified Real Estate Sales Person?

-         To get selected first apply through Bdjobs.com advertisement and then email us at info@boromela.com what are the processes involves transferring the ownership of the property from the seller’s name to buyer’s name.

Once we receive your reply we will let you know if you are selected.

How to look for a Property Seller?

Once you are selected, please follow the following steps.

Step 1: Look for people who are selling apartment. One easy way would be looking for the classified ad at daily news paper. You can give them a cold call if they are interested to take the service from BoroMela.com. You can highlight what you are offering as a Real Estate Sales Person of BoroMela.com that could be helpful in selling their house faster. In the note below we are highlighting some. You can also use your personal network to promote your service. You can also post an advertisement at BoroMela.com classified section under service category to describe your service.

Note: What do you get from me as a Real Estate Agent?

1. Your house will be advertised with Pictures at BoroMela.com. I will help taking this picture and updating it at BoroMela.com
2. Full confidentiality of the client will be maintained
3. Seller will be given option of to deal directly with buyer or I deal with the buyer.
4. You don’t have to pay anything until you get a sell your property.

Step 2: Once you find a client who is willing to sell the property through BoroMela.com, you do the following things:

-         You make an agreement with the client with all the terms clearly written (e.g. how much we will be paid and when, how long this agreement is valid and any other aspects). BoroMela.com will provide you the template of the agreement

-         You take a picture of the property and you make a profiling of the property to upload to the BoroMela.com. You can create a business account at BoroMela.com and do this under your Real Estate Name.

How to look for a Property Buyer?

- You will have to mostly use your personal network, use BoroMela.com classified section to advertise about your service. You can also occasionally use classified section of News Paper to advertise about your service

What is a BoroMela.com Certified Real Estate Sales Person

As a BoroMela.com Certified Real Estate Sales Person, You will be working on behalf of BoroMela.com Limited. Your Role is to work as a middle person between the seller and buyer to buy and/or sell an apartment or land or office space. As a Real Estate Sales person you can help both the Property Seller and Property Buyers.

As a Real Estate Sales person the services you can provide to a Property Seller

You can provide following services to a property seller:

-         Listing the property at BoroMela.com. You will list the property under your business name (e.g. Karim Real Estate Agency)

-         Promote the listed property through email-campaign and other social media

-         Collect market information on what price the similar kinds of properties are being sold in the same locality. This could be helpful for property seller to understand if he/she is listing the property below or above market price.

-         Taking phone call from the prospective buyers on behalf of property seller (if owner wants to receive the call he/she can do the same)

-         Receiving formal offer from buyers and placing it to the property owners

-         Giving suggestions on other related issues to make the selling of property quicker and hassle free.

How BoroMela would charge to the property Seller and when do we charge?

A seller will not have to pay until the property is sold. Seller will only pay after a property gets sold. The commission would be 0.25% of the selling price of the property. For example if a property gets sold at Taka 20 lac the commission would be 0.25% of Taka 20 lac which is equal to Taka 5,000. Similarly for a property worth of Taka 50 lac the commission would be Taka 12,500

How much do you get as a Real Estate Sales person?

As a Real Estate Sales person, you will get up to 80% of the commission charged by BoroMela.com. For example if BoroMela.com charges a seller Taka 5,000, you will get Taka 4,000 out of this as Sales Person if you bring both the seller and buyers. If you have only brought the seller and another Real Estate Sales person brings the buyers for this property you will get 40% of the commission and the Sales person representing the buyer will get 40% of the commissions.

How do we make sure property seller would pay us after the property gets sold?

Once a property seller agrees to appoint you as the Real Estate Sales Person for their property you need to sign an agreement with the property owner which will legally bind the owner to pay BoroMela.com the payment after the property get sold. BoroMela.com will provide you the template of this agreement.

Services you can give to a Property Buyer

You can provide following services to a property Buyer:

-         Provide the list of the available properties for sale

-         Arrange appointment for buyer to view the property for sale

-         Collect market information on what price the similar kinds of properties are being sold in the same locality. This would be helpful for property buyers to have an understanding of the market

-         Provide other informational support to the buyers

-         If buyer likes a property then help them preparing the formal offer to buy the property

How BoroMela would charge to the property Buyer?

Our policy is not to charge anything to a property buyer. The reason is the more buyers we can register with us the more sellers would be interested to list property through BoroMela.com. As a Sales person for a buyer you get a share of the commission we receive from the seller of the property. If a buyer buys a property not sold at BoroMela.com then you don’t get any commission on this.

Developing a structured Secondary Real Estate Market in Bangladesh, an initiative from BoroMela.com Limited

Introduction

For Bangladesh market, buying a land or Commercial space or a used apartment is not an easy task as there is no single source to find reliable information for all of these. At the same time there are problem of selling an apartment or land or a commercial space as there is no structured market. BoroMela.com is visioning to create a structured market so that it becomes easier to buy or sale a property in a secondary market. Something as easy as selling a share of a company.

How difficult is it to establish a secondary market?

It may seem very challenging but to establish a secondary market is not that difficult one. Seller or Buyer can easily handle this buy sell if they take help from professionals instead of them dealing it. Let’s see how?

What a Seller wants?

A seller wants to get a best price for his or her property

Want to sell the property as quickly as possible

Want to talk to only genuine buyers

Want to do this transaction hassle free and risk free (sometimes mastans try to disturb, sometime government procedures take longer time)

What a Buyer wants?

A buyer wants to see a list of available properties in one place to choose.

Buyer wants to pay the best minimum price for a property

Buyer wants to ensure the property seller is the genuine owner

Buyer also wants to have a good understanding about the market price of a particular area.

How BoroMela plays role here

1. BoroMela.com is providing an online Platform where a property can be listed by the Real Estate Agent of seller or seller by himself
2. BoroMela.com will certify a Real Estate Agent based on their professional and personal qualification
3. BoroMela.com will also provide a platform so that Sellers can give feedback on an agent.