Tuesday, June 7, 2011

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.

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