Sunday, September 20, 2015

The real estate broker cartel is tough in India

Here's a report of real estate brokers in India roughing up the employees of a company that seeks to help buyers and sellers manage without realtors:
Sign of things to come? Property brokers rough up NoBroker.in CEO and employees
Property brokers in Bengaluru resorted to physical assault to shut NoBroker.in.

"Bengaluru-based online real estate startup NoBroker.in claimed that its office was “attacked” by local agents and brokers on Tuesday. As the name suggests, the startup helps customers to save money paid as brokerage, something which would worry traditional property brokers."

HT: Sangram Kadam

2 comments:

Unknown said...

Thanks for sharing informative post.
Commercial property in Pitampura

Unknown said...

There are many facets to this profession, including managing the accounts and finances of the real estate Spanish property, and participating in or initiating litigation with tenants, contractors and insurance agencies.