EPISODE · May 30, 2021 · 54 MIN
Disrupting real estate market with Amit Agarwal, Founder, NoBroker
from The Neon Show · host Siddhartha Ahluwalia
In this episode, we chat with Amit Kumar Agarwal, NoBroker. NoBroker, as the name suggests eliminates the middle-man/broker most of us have to go through when we look out for our buy/rent a property. NoBroker handles $2 billion worth of transactions on its platform every year and claims to have helped save brokerage worth Rs 1,100 crore last year.During the podcast, Amit shares how he built NoBroker while facing troubles from local brokers and brought it into realization as a broker-free platform at a time when larger competitors like Housing.com and Commonfloor still had brokers on their platform.Notes - 01:39 - Family background & childhood, shifting cities too often06:36 - Challenges while beginning with your Startup in your 30s09:54 - Ideating the concept of NoBroker13:25 - Approaching VCs for initial funding14:37 - Investors seeking the existence of a US/China counterpart22:18 - Choosing BTL advertising over ATL considering the ROI at a premature stage26:02 - Not expanding too fast to multiple cities37:43 - Listening to what your customers want42:58 - Bringing premium Add-on services47:01 - Changes in his personality as a founder in 0 to 1 & 1 to 100 journeySend us Fan Mail
What this episode covers
In this episode, we chat with Amit Kumar Agarwal, NoBroker. NoBroker, as the name suggests eliminates the middle-man/broker most of us have to go through when we look out for our buy/rent a property. NoBroker handles $2 billion worth of transactions on its platform every year and claims to have helped save brokerage worth Rs 1,100 crore last year. During the podcast, Amit shares how he built NoBroker while facing troubles from local brokers and brought it into realization as...
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Disrupting real estate market with Amit Agarwal, Founder, NoBroker
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