NoBroker
I’m astonished at how the start-up landscape in India has changed over the last two decades. NoBroker was one of the few start-ups that caught my attention. I was always aware that the real estate business revolved around cutting and brokers, so how was this company hoping to be different? Sev- en years ago, I had a hard time conceptualizing this idea. When I read that they wanted to make it easier for customers to purchase, sell, and rent by doing away with a brokerage, I was dubious. But as time has gone on, not only is this business carry- ing out what it set out to ac- complish, it has expanded to become a one-stop shop for everything from rent- ing to purchasing to selling to packing to moving, and pretty much everything in between.
NoBroker.com is a tech-
based brokerage-free real
estate platform that makes
real estate transactions ef-
ficient. The company aims
to improve the experience
for customers in residential
leasing and expanded to
residential resale and com-
mercial properties. It con-
nects owners and tenants or
buyers directly, eliminating
dealing with brokers.
Amit Kumar Agarwal,
Akhil Gupta, and Saurabh
Garg, alumni of the IIT and
IIM Ahmedabad, found-
ed NoBroker in 2014 with
the promise of charging no
brokerage to any party. Cur-
rently, Mumbai, Bangalore,
Pune, Chennai, and Gur-
ugram all have it running.
Fulcrum Venture India,
BeeNext, and SAIF Part-
ners (formerly Elevation
Capital) have all funded it.
Additionally, it provides fi-
nancial services like mort-
gage loans, rent payments,
and other real estate-related
legal services.
India’s top real estate
property website without
brokers is called NoBroker.
They offer services in India
for Rent Agreement, Pack-
ers and Movers, Property
Management, and Registra-
tion.
A revolutionary real es-
tate platform called NoBro-
ker makes it possible to buy,
sell, or rent a home without
having to pay a commission.
We all thought that there
must be other ways to find
a new house besides paying
exorbitant brokerage fees,
which is why we founded
NoBroker. We have been
paying these brokerages as
tenants year after year with-
out realizing any benefit
to the broker. He was only
present because of the mar-
ket’s extreme knowledge
asymmetry. NoBroker is a platform that
eliminates this informa-
tion asymmetry and offers
a market for the free ex-
change of this information,
which formerly required
paying brokerage fees of
one to two months’ worth
of rent. They have taken two
actions to assist you in find-
ing the ideal residence: First
of all, they have thoroughly
vetted each listing to ensure
that there are no intermedi-
aries or brokers present and
that these are direct owners
or shared accommodation
parties. To guarantee that
you receive a list completely
devoid of brokers, they em-
ploy a variety of heuristics
and procedures. Second,
they have made an effort to
provide you with the most
information possible in
an approachable way. This
makes sure that, even be-
fore you arrive, you have
a solid impression of the
property. As a result, you
can narrow down your op-
tions for apartments while
relaxing at home rather
than seeing all the good and
terrible places. With a quick
selection of 4-5 houses, you
can actually find a home in
a matter of hours thanks to
the time and effort savings!
Please email them at hel-
lo@nobroker.in if you are a
landlord interested in list-
ing your apartments on No-
Broker, and they will get in
touch to assist you in listing
the property.
Happy searching, tenants,
and get in touch with No
Broker if there is anything
else they may do to assist!
No Broker is the need
of the hour and in today’s
tech-savvy world, there
is no doubt this platform
leaves its footprints for the
future.