Creation of a metropolitan real estate agency
Capital real estate is a tidbit for modern investors, it’s billions of dollars in turnover, a great opportunity to earn. However, the time at which investors could easily enter the Moscow real estate market is far behind. Nowadays, to create a truly successful company, you need much more money than one hundred thousand dollars. Experts say that entry into the Moscow real estate market costs from one hundred million dollars.
The specifics of metropolitan real estate
The Moscow residential real estate market has its own specifics. So, simple transactions in terms of volume, with the participation of the seller and the buyer, are at the level of up to 20 percent. The largest number is engaged in alternative transactions, in which chains are built up, the links in which are the bought and sold apartments. Very often there are some problems with such transactions, as they are difficult to organize. In addition, apartments are constantly becoming more expensive, which is why realtors independently buy out real estate, which is an element of the chain. Of course, only large, well-capitalized companies can handle this. Participants in the real estate market believe that the best way to become part of a real estate business is to acquire an existing company. After this, a radical change in management is required. According to the available information, approximately one hundred million dollars are needed for this. With the help of such investments, a company is created, which will have an extensive network of branches, capable of gaining a significant market share.
If we talk about the specialization of the work of such companies, then the best option would be a presence in different segments. Thanks to this, the business will be diversified as much as possible so that the company can take a stable position. However, in the case of a new company, focusing on one particular segment would be the right option. Everything is explained very simply – in the case when a young company is sprayed in different directions, as a rule, it does not work for it. As a result, the company can expect a real failure. Analyzing the recommendations given by experienced market participants, we can absolutely confidently say that the best option for a start is housing that belongs to the middle class, because the premium level market has been occupied by large participants for a long time.