First time in India by Property on Wheel (POW) there is an option to buy a property on the 0% Brokerage. There is an introduction of the company which provides 0% brokerage services in the real estate sector. It offers different portfolio for the sellers If a seller who is repeat customer of the company. Repeat customer means, a person who is selling or renting his property again and again through the company channel. Then his profile is added in its record and his identification is his mobile number. If next time he wants to do some business through the company channel and he is calling from the same mobile number then he will be a repeat customer for the company.
The company charged some breakage from the seller because it has some overheads like – Managers Salaries, Petrol expenses, backend call center overheads etc.
Program for the Local Brokers:
Local Brokers plays an important role in real estate sector. There are many brokers in real estate who works in a particular area and he is the only person who has the knowledge about a particular area. You can say he has the advance information about the property. A broker can tie-up with this company to follow these terms and conditions:
• Tie up with the local brokers.
• Part of Property on Wheel.
• Convert his vehicle into POW and provide the kit and install the vehicle tracking system.
• Integrate his mobile number with the company system send or receive the requirements through SMS.
• Minimum overheads and Maximum output.
• Local Broker can also deal or generate leads outside the local market (outstation).
• Pay a minimum amount to join the company as an adviser or broker.
After the Tie up with the Property on Wheel (POW) now he can generate leads and provide information across the India. It means his business is extended.
Adviser Model:
The Adviser is a 100% pure part time or full time property business. The cost of this model is just Rs. 6999+Taxes and he has to provide at least 50-100 references of his friends or relatives. The backend call center of the company will contact to that references. The company charges Rs. 20 per reference on credit basis, credit means it would be adjust this amount in his payout.
It is a unique program with 0% brokerage for buyers. It means if you are sending someone to buy, the company does not charge anything from buyer either for rent or buy or any short of investment in properties and free property visits instantly with the help of property on wheels on competitive rates.
How Adviser Work:
When any individual join the program then the company installed GPS software in his mobile. Now he can take photo of the property, provide property related information and send it through his mobile. That property will be added in his account and will also update his account.
There is another model for adviser that is referral model (MLM). This is basically a chain business network in which you have to make pair below your network.
How Adviser Earn:
Adviser can earn from the both ways first one is generate the leads and send it to the company. If deal is completed successfully then adviser will get 20% breakage amount. This is being described in below figure—
The Second one is Referral program (MLM) the adviser can earn unlimited revenue from this model by making the pairs below his network. He will earn Rs. 1000 per pair.
Company Details:
The company is based in India in the real estate sector. It is trusted company and India’s 1st real estate retail chain. It provides services for buyers on 0% brokerage. It is PropertySensex. It has given its services for many major clients like – TATA AIG Life Insurance, Max Life Insurance, Bharti AXA Life Insurance, Religare, Aviva, Subhiksha, Spencer Retail, Vishal Mega Mart, Wall mart etc. on 0% brokerages in commercial property, commercial space, lease space, office space, rent space, show room space and residential flats across India.
