How nobroker earns?

Mostly it earns from Listed Properties and Subscriptions

They call you and try to push you services like painting repairs etc

NoBroker Packers and Movers

and by selling your data

Original wrote:

NoBroker Packers and Movers

and by selling your data

"by selling your data"

I'm user of no broker since longtime & use there services many times haven't seen any spam or felt like my data been sold.

Can you elaborate any instance where you felt like they sold your data

Drdrake wrote:

"by selling your data"

I'm user of no broker since longtime & use there services many times haven't seen any spam or felt like my data been sold.

Can you elaborate any instance where you felt like they sold your data

I don't remember of any such instance but i enquired about their p&m services in 2020. The reviews were horrible for their p&m services so did not proceed with them.

This was pure guess and i could be wrong as they have solid revenue channels.

Original wrote:

I don't remember of any such instance but i enquired about their p&m services in 2020. The reviews were horrible for their p&m services so did not proceed with them.

This was pure guess and i could be wrong as they have solid revenue channels.

Whats p&m?

satraghav wrote:

Mostly it earns from Listed Properties and Subscriptions

Subscription yeah, as they say their 70% revenue comes from subscription.

But as an indian, i see one can list for free, one can avail for free ,who the hell is paying for subscription.

Isn't it like olx, free ad posting, customer see add and directly purchases from you, no revenue for olx (ok ads and ad boosters are there).

kartikxxx wrote:

Subscription yeah, as they say their 70% revenue comes from subscription.

But as an indian, i see one can list for free, one can avail for free ,who the hell is paying for subscription.

Isn't it like olx, free ad posting, customer see add and directly purchases from you, no revenue for olx (ok ads and ad boosters are there).

Olx has restricted posting advts once in 30 or 60 days previously we could renew immediately on expiry but now we need to wait or pay to get them instant activated

Fashion category is least restricted whereas mobile furniture etc it's 30 to 60 days wait time after expiry

kartikxxx wrote:

Subscription yeah, as they say their 70% revenue comes from subscription.

But as an indian, i see one can list for free, one can avail for free ,who the hell is paying for subscription.

Isn't it like olx, free ad posting, customer see add and directly purchases from you, no revenue for olx (ok ads and ad boosters are there).

I think you can only get a very limited number of owner contacts for free. To get additional contacts, you'll have to use a different number or pay for the subscription.

Does direct deal happen through no broker sale of property

desiman wrote:

Does direct deal happen through no broker sale of property

Dont know, i received a call yesterday from no broker, they saw my to-let banner, i asked how they came to know, they said they have field agents so they know.
They listed my add, and i can see no money is involved like brokerage, or any kind of thing so i wondered how are they earning.
Haven't explored the website fully yet.

If anyone has experience with no broker kindly share.
Tia

kartikxxx wrote:

Whats p&m?

Packers and Movers

They earn by the following as far as I know

1. I you are looking for a property, After you register, they ask you to opt for a premium plan where an agent will be assigned for you (like this bank RM) and he will send you some listings and schedule visits etc. (charge is 3-4 k I think).

2. If you are listing a property, there also they have similar plans. (Think of this matrimonial sites where they earn by assisted matrimony).

3. After you have finalized a deal, they will ask you to book packers and movers through them (only if you are willing, no compulsion) and they gather quotes from various packers and movers and give you the same, I guess they earn a commission from the company.

4. They also do the rental agreement registration through them, they are authorized to do AADHAAR verification and all, they charge a fee there as well

5. Rent payment through them is also makes them gain 2% if I am not wrong (never used their rent payment service).

There could be more avenues as well, these are the ones I am aware of.

Isko chinta bhi ham kare to ye kya karenge..

Sidhi.Baat.No.Bakwas wrote:

Isko chinta bhi ham kare to ye kya karenge..

Dream 11 pe team bna lenge