[Journey] to 70,000€ Month - Real Estate

Selfmade_77

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Hello, all guys have been here for a long time..reading but this time im writing.
My English is not perfect i know lol, i want to share with you my Journey, to keep my self accountable, and maybe motivate someone else here.

I have been constructing this idea for a very long time, now is the moment to take Action.

I remember a quote by an islamic philosopher "Knowledge without action is wastefulness and action without knowledge is foolishness."

Now let's go to the unique idea..
I live in Balkan not rich population, when people want to buy a new apartment comission hits so hard on them which is 3% for the seller and 1% for the buyer, that's a lot of money for 80% of population here, and everyone wants to avoid them but can't, and agents are too unprofessional slowathy, people get really tired and frustrated by them.

I have experienced this myself when I wanted to sell my apartment so many timewasting moves by agents, i went to that point that i had no more patience to awnser their calls to see my apartment with their clients , and that commission won't feel good at the end for me (seller and for buyers) Lol when we met a lot of times we tried to get each other's contact to eliminate the agents and all of them (buyers) was so ready, bcz remember 80-90% of people here buy with loans, 3K$ Or 1K$ is a big amount for someone paying with loan.For the Renting they get half amount of the first month which is a lot especially for students young couples etc..

People are ready and thirsty to get a solution for these problems, i will offer them:
1- Financial Saving No Comissions % (4000€+in sales) & (200$+ in renting)
2- Direct Contact of Owners
3- Clarity in their choices, looking for properties to an professional organzied Brand.

- Marketing Plan:

I will invest to potential strong influencer's of the CapitalCity.
They will go explaining something like this in selfie video ... "Today guys im gonna do a Really big FAVOR to all of you im sure you never heard before, go to the (Xxx Brand Name) to save your money for Renting or Buying properties stop losing money anymore through high commissions it's all FREE.

And BOOM the people will go to my page & platform directly, because the influencer in this case is not promoting a product or a something to force them (purchase) but a magic Solution for a unavoidable Problemthat have been for a long time.
(PROBLEM = SOLUTION = FREE)
Im sure this math will make the platform & app VIRAL.

- Protection Structure

For this one I can't say to much guys because the method would be saturated ..i menaged to block the possible ways of agencies stealing my listed properties or getting their properties comoflaged (for individuals).

-Profit Stage (2 Golden Profits)
1
- After a period of 6 months operating for free, Brand has became VIRAL and all the population heard about it. Brand gained reputation and fame by the population.Now this time brand will charge 90$ for a publication of properties not free anymore, but it's still much better then lossing 3000€ or 1000€, and most importantly this fee will not harm the Big Audience of Brand (Those who looking to Buy) but this will affect the (Sellers) only which is a Quarter or maybe less than the full audience which makes the Brand.

Goal..to GET
20 Post a day X 90$ = 1800$ Day. (Sale)
20 Post a day x 25$= 500$ Day.(Renting)
Month/ 69,000€ (Cost 2000€)

PS (In my country is a guy doing same thing with car publications (of others) for sale he charges 50$ for an instagram post he is doing 15-20 posts daily.) He is BRAND NOW. 20,000€ to 30,000€ Month.

And i think comparing the fees 50$ for cars, 90$ is extremely good for properties which are Life Investments.


2- Being the only one Giant Brand on country which offers services others never offered, with our popularity after we go VIRAL, all opportunities of emergenciescases, and BARGAINS cases, will firstly knock to the doors of our Brand, this is a big opportunity to BUY/SELL with high profit, i have already talked with some millionaires about this and they agreed to invest, dealt 35% of profit to be mine and 65% to them, all invest is theirs, until the day Brand have its own founds.
Who won't earn money through just a signature? This is all of their effort signatures only , when we buy and sell the properties the Brand do all the work in this, they just sign.
 
Sounds like a really interesting idea. I think you might be overly optimistic about how easy it is to make a site go viral.

I wish you the best of luck though!
 
Just do local ads in Balkan , I think would work better. But celebrity interactions will make your brags more notable
 
This model is operating in a variety of different countries. I think there are at least 10 of them in Denmark.
Have you looked into how others have had success with it elsewhere, and considered the modifications for the Balkan market?

I think there are quite a lot of things with potential here that could change the market in your country if done right, but I don't know much about your market either.
Are issues related to ownership transferring normal in your country without any insurance covering it? There's an upsell.
Are condition reports currently normal in your country? If not it could be another upsell.

Tbh, with a model like this the real money is probably gonna come from upsells. Charging a flat $90 listing fee is not a great approach either. It has to either be a monthly fee, a free listing with a fee on a sale with a required signed contract from both parties before contact, or a more expensive listing fee with more things included than just a listing.
The issue here is that an agent does more than just list the property. There is also some paperwork and consulting that they handle, and people still need that service.
Personally, with my limited knowledge of the Balkan market, I think a monthly fee of $10-20 and then a variety of good upsells would be the way to go.
 
Sounds like a really interesting idea. I think you might be overly optimistic about how easy it is to make a site go viral.

I wish you the best of luck though!
If you would position yourself, in (buying case) with LOAN, would you pay 1000€ to 2000€ commission or run to my platform for all FREE? When someone buys a new house with LOAN, starts calculating the costs of Furnitures and so many things and in this situation that 1000€-2000€ saved helps a lot

Don't forget the fact that 80-90% of population here buy apartments with LOANS.

I took my self to this position (SELLER case) and when someone wanted to buy my apartment that 3000€ % commission Hurts so much bro, if i would have a platform exsited like this I immediately would choose it

Those 2 important positions (BUYER CASE & SELLER CASE) makes me Optimistic a lot.
 
If you would position yourself, in (buying case) with LOAN, would you pay 1000€ to 2000€ commission or run to my platform for all FREE? When someone buys a new house with LOAN, starts calculating the costs of Furnitures and so many things and in this situation that 1000€-2000€ saved helps a lot

Don't forget the fact that 80-90% of population here buy apartments with LOANS.

I took my self to this position (SELLER case) and when someone wanted to buy my apartment that 3000€ % commission Hurts so much bro, if i would have a platform exsited like this I immediately would choose it

Those 2 important positions (BUYER CASE & SELLER CASE) makes me Optimistic a lot.
Having a good product doesn't mean you'll go viral just from a few shout outs.
 
Start ASAP and if the concept is validated, you'll have time to sort out the details (listing fees, etc.) in 6 months.
 
Having a good product doesn't mean you'll go viral just from a few shout outs.
Planned to invest 35,000€ on influencers, and for everyone who's sitting in that position or know a friend or someone relative that wants to make change to life to take a new apartament for Rent or Buy one, understand the importance of the product which it's function is to "Save Your Money" during this hard change, all changes are hard in life especially those related to financial..someone old says: a good product make marketing it self.."

'If you use your money to create
exceptional products and services,
you won't need to spend it on
advertising" - Seth Godin

Just do local ads in Balkan , I think would work better. But celebrity interactions will make your brags more notable
I will try that too, thank you :)
This model is operating in a variety of different countries. I think there are at least 10 of them in Denmark.
Have you looked into how others have had success with it elsewhere, and considered the modifications for the Balkan market?

I think there are quite a lot of things with potential here that could change the market in your country if done right, but I don't know much about your market either.
Are issues related to ownership transferring normal in your country without any insurance covering it? There's an upsell.
Are condition reports currently normal in your country? If not it could be another upsell.

Tbh, with a model like this the real money is probably gonna come from upsells. Charging a flat $90 listing fee is not a great approach either. It has to either be a monthly fee, a free listing with a fee on a sale with a required signed contract from both parties before contact, or a more expensive listing fee with more things included than just a listing.
The issue here is that an agent does more than just list the property. There is also some paperwork and consulting that they handle, and people still need that service.
Personally, with my limited knowledge of the Balkan market, I think a monthly fee of $10-20 and then a variety of good upsells would be the way to go.
I know well my country market and changes a lot with neighbours, your advice is appreciated but don't fit to the picture market of my country population
Start ASAP and if the concept is validated, you'll have time to sort out the details (listing fees, etc.) in 6 months.
Yes exactly, that's why i talked short about details...but seeing the car guys results with their instagram pages, drives me to the fact that if this population is paying 50$ for a car post to Sell...would easily pay 90$ for services to Sell their Property..
 
I can not understand the OP, very very hard to get to the key point. After one hour of reading it again at again I gave up.
 
I can not understand the OP, very very hard to get to the key point. After one hour of reading it again at again I gave up.
Lol if English would be my first language I would explain it much more brighter
 
I think OP sed a Google translator. Beyond understanding and it hurts the brain.
 
Thank you OP, I do my best to understand you and I wish you all the best with heart and love.
 
Why do yo post a bold gay guy without any reference to this discussion? If you are gay it is okay, posting bold gay guys from fox news is just fine in ths thread.
 
Planned to invest 35,000€ on influencers, and for everyone who's sitting in that position or know a friend or someone relative that wants to make change to life to take a new apartament for Rent or Buy one, understand the importance of the product which it's function is to "Save Your Money" during this hard change, all changes are hard in life especially those related to financial..someone old says: a good product make marketing it self.."

'If you use your money to create
exceptional products and services,
you won't need to spend it on
advertising" - Seth Godin
That would be true if your product/service was revolutionary, but it's not.

I'm not trying to bring you down, I just want you to understand that success isn't going to come on it's own just because you had a good idea.
 
I think OP sed a Google translator. Beyond understanding and it hurts the brain.
For the moment in my country no one can sell or buy or rent without passing to agencies and their commissions, they have conquered the online market, people here don't have apps about RealE state don't use marketplace on FB or anything, people here buy or sell things like cars niche for example only through instagram pages paying a 50$ fee for post , in real estate niche isn't any page to Instagram to post for sale your property free or with fee, like it is for cars... but all instagram pages are agencies only not even one page exists like the one i want to build.

Point is to create a page platform & app to help the people buy rent or sell properties without spending 4000€+ % commission like agencies, but to make all of these for FREE until the Brand gets popular , after a period of time when the platform have gained reputation and become the number 1 Brand about Real Estate, then i will charge a fee to list and to post on my instagram page the properties of people who want to sell without losing 4000€+ commission % with agencies, but paying only a 90$ fee.

( hope you got the point, i owed you this )
 
That would be true if your product/service was revolutionary, but it's not.

I'm not trying to bring you down, I just want you to understand that success isn't going to come on it's own just because you had a good idea
A solution that is coming up for the first time in country, and which is the common good of all the population pockets.

It's a revolutionary. To understand it with better English check the reply that I said to the "vegan4life".

All the Best.
Will update soon...
 
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