NPEX : Real Estate Brokers & Agents Aggregator
There are Hundreds of websites and mobile apps offering real estate solutions. But all of them are focusing on the end customers. Customers are the focal point of business for all. In order to create more value to their target customers, these website companies ignored the middle layer of agents, brokers and property consultants, by taking up the role of a marketplace.
Nearby Property Exchange found an opportunity in this gap and launch NPEX a platform for brokers and agents. Where Agents & Brokers can list his properties & earn Profit.
Just like our stock exchanges, where thousands of traders/brokers are involved, Nearby Property Exchange wanted to create a platform or an exchange, which empowers the brokers to buy/ sell and transact in a seamless and transparent manner, where the broker would be the facilitator, the magnet.
On an average, over 10 new brokers register every day and over 100 properties are listed.
NPEX works as an exchange platform, and has a list of properties like Hostel/PG/ Stay for Working Professionals/houses, land, plot, spaces available for purchase, and a list of brokers available to provide help reach the property builder or land owner. Every registered broker on NPEX, has a profile in the database, with details of his portfolio, prior deals, his expertise areas and more.
NOTE:- Brokers do not have to pay to come onboard and get listed on NPEX.
On NPEX, a broker can list his portfolio, get leads and even get a margin for converting the leads all for free. For NPEX there is one side brokerage will be charge by customer itself. Because the startup is more interested in the larger transactions.
The startup plans to earn revenues from the developers and builders who would pay for listing their property on the platform. In next three - four years, NPEX plans to bring over 50 developers on board Across India. NPEX will charge a hefty margin on each deal cracked on the platform. It make up to 50% Brokerage from a deal.
While we are not eliminating property consultants from the system, we are opening a platform that would bring in more transparency and customer control. So we believe that there is more than 1000 agents/brokers across India will be listed on our platform in a short span of time.
