Welcome to Nobroker!
NoBroker is a disruptive real-estate platform that makes it possible to buy/sell/rent a house without paying any brokerage
NoBroker was started because all of us believed that paying hefty brokerage can not be the only option to find a new home. As tenants, we have been paying these brokerages year on year without seeing any advantage of the broker. The only reason he existed was that there was a huge information asymmetry in the market. NoBroker is a platform that removes this information asymmetry and provides a marketplace for free exchange of this information that used to cost 1-2 months of rent as brokerage.
We have done 2 things to help you find that perfect home:
- Firstly, we have painstakingly verified each listing and made sure that these are direct owners or shared accommodation parties and there are no middlemen or brokers. We use lot of heuristics and techniques to ensure that you get a totally broker free list.
- Secondly, we have also tried to ensure that maximum information is available to you in as easy to use format. This ensures that you get a very good idea of the property even before you visit it. Thus, you can shortlist flats sitting at the comfort of your home without actually traveling all the good and bad properties. This saves your time and effort and with a quick shortlist of 4-5 properties you can actually get a house in few hours!
If you are a landlord interested in posting your apartments to NoBroker, please email us at firstname.lastname@example.org and we will get in touch to help you list the property.
And tenants, happy hunting and get in touch with us to let us know how else we can help!
Nobroker provides you a one-stop shop for all paperwork and documentation processing, relating to lease agreement registration, bank franking, police verification and society approvals.
We have a network of real-estate executives who will assist you in completing a hassle-free transaction at the cost of a small service fee. This service can be availed both by the owners or the lessee by dropping us a note at: email@example.com
We will do following on your behalf:
- Prepare draft of Leave & License agreement between both the parties as per legal requirements
- After approval from both parties, get the document stamped
- Execute the agreement between both parties
- Enter the agreement details online for registration
- Book an appointment on your behalf
- Complete the process on registration day with you.
Basically we will ensure that you get the rental agreement registered without any hassle
To create your rental agreement online in 5 minutes, click onCreate Rental Agreement
NoBroker rental platform lets you find tenants without any broker acting as a middleman. Apart from the fact that this can be much more convenient and safe (you don't have to handover keys to an unknown person) it will help you save time and money.
Most brokers don't filter people and end up showing houses randomly. This would mean that only when you meet the tenants you would come to know if that person would not fit in the society rules. This leads to lot of inconvenience and wastage of time. Also, brokers hoard the information and create the information asymmetry. They decide who should not see your house because there is another landlord who may give him little extra brokerage. While in case of NoBroker, you would be speaking to the potential tenant before you actually show him the house. Even the key can be kept with the society secretary if you do not want to go to the house every time the tenant wants to see. Many landlords also fix up a day and time when they are there and all tenants can come and see the house in that time.
Also, you end up saving on brokerage that is anywhere between 15 days to 2 month's rent. Some brokers also charge this every year. When both you and tenant are not paying the brokerage, tenants are also willing to pay a little higher rent. So, you can expect to get 2-4% higher rent as compared to what brokers may get you. It's a win-win for both the landlord and tenant.
The listing is very simple and intuitive. It would take less than 5 minutes and post that we just verify to make sure that no broker is listing. We also use innovative and easy technology like whatsapp to help you list your property. If at any stage you need any guidance, you can always speak to our customer service manager. We also make sure that any person listing as tenant is not a broker, and thus you do not get any of those pesky calls. Once the listing is done, you would start getting enquiries from genuine tenants.
If you have a property to list you can click on "Post Your Property" button on top right corner of the page or email us at firstname.lastname@example.org
NoBroker understands that not everyone has time & expertise to use computer to list a property. To solve this problem, we have made the listing even simpler.
You just need to send us the information on WhatsApp on +91-8107-555-666 and we will create your login for you! No need of a computer or calling anyone. Our Customer Service Representative will call you and take whatever info is required. Nothing can be simpler and quicker than this!
NoBroker rental platform lets you find your dream house without any broker acting as a middleman. This is the most convenient way of finding your house without paying hefty brokerage.
NoBroker helps you in 3 ways:
- We make sure that each property is verified and directly from owner. So, you can save on the brokerage that varies from 15 days to 2 month's rent. And most brokers charge this every year even if you are renewing the same property.
- All the information is available in a well-organized manner with photographs and a detailed analysis if the surroundings. You can locate where is the nearest school, grocery shop, ATM etc. This information will help you shortlist the property without taking an effort to visit the actual site. In case of brokers, they just want to make sure that the property goes out fast. They would therefore show you properties without even thinking if it would suit your requirements. It would mean that you would end up visiting lot more properties and realizing as soon as you reach there that this is not what you would want. With NoBroker, this convenience comes at no cost and saves you lot of time and effort
- Brokers hoard information and create information asymmetry in the market. They would ideally want that the not-so-good houses should go first as the good houses would anyway have lot of takers. Therefore, they would always show you bad houses first and only when you reject all of them would they start showing you better houses. In NoBroker, there is no information asymmetry. All houses inventory is available for you to pick and choose. It is on first-come-first-serve basis. This is a big advantage that makes the market transparent and efficient.
So, forget your old broker and find your dream house with NoBroker. Click here to search for houses
NoBroker has been founded by a team of IIT Bombay and IIM Ahmedabad graduates. The entire motivation to find something like NoBroker was that all of us while searching for properties had this bad experience with brokers who would try to force a bad house down our throat, charge exorbitant brokerage (not to mention coming back next year and creating a big scene to get more money for no value addition) and the hassle of seeing too many houses which we would have not selected anyway.
When we started speaking to more people whom we knew, this problem was an endemic. Everyone faced that and no one was trying to solve it. Even other real estate portals were more focused on making brokers more efficient and not solving the inherent information asymmetry.
As someone said, Necessity is the mother of all inventions. So, here we have made a solution for everyone who feels pinched by the brokers and the exorbitant brokerage for the information asymmetry that exists. Our vision is to make sure that entire world becomes a more efficient and information symmetric market where there is no role for brokers.
Is it safe to use login via facebook & Google (social network)?
- At NoBroker customer satisfaction is our main aim and we don't post anything on your social network for cheap publicity
- We don't ask for any extra information when you login with your social account
- If you use your social account, you will not have to remember one more cryptic password :)
- And Your email will be automatically verified
- If you are registering with social account, please make sure that your provide your mobile number at profile page after login
I received a SMS stating that my property listing was rejected, Can you explain why?
Our main aim at NoBroker.in is to eliminate brokers from the rental scene and if we find a property listing by a user who is a broker or suspected to be a broker, we reject the listing. While doing so we may end up rejecting genuine listings sometimes. For such cases, please contact us on +91-92417-00000 (call or whatsapp) or drop us a mail on email@example.com
I didn't find property for my requirement, what should i do?
Please post your requirements using "Post your Requirement" button on top right corner of the page and our system will recommend a property as soon as it finds something matching your requirement.
Will you send me a soft copy of the rental agreement?
Yes, we will send you a soft copy of the agreement prepared over e-mail.
What's the rent that I can get for my property?
Relationship Manager has city level knowledge of rents in various localities, He will provide the rent consultation and inform you about the correct rent to be quoted for your property.
Will Relationship Manager be present during the house visit?
We help our customers shortlist properties and speak with owners on their behalf to set up meeting appointments. Hence, there is no need to get on the field. Once the appointment is fixed all that you would have to do is to visit the property and we will finalise the deal.