When a real estate professional realized the issues of Brokerage: Gave solution to no brokerage

Society on Rent came into existence intending to help tenants and property owners to save their hard-earned money from brokerage charges.

India is growing faster than other nations. The demand for real estate properties is at the highest point now. More than 10% of the total GDP is held by the housing segment and the brokerage industry is nearly $4 Bn. With this figure; we can understand the broadness of the brokerage sector.

In cities like Delhi, Noida, Pune and Mumbai people come for different causes like employment, studies, etc. As we all know that house is a basic need for all whatever is your profession after work everyone comes back home. However, it is not easy for anyone to find residents on rent to live. Many factors create issues in finding residential apartments such as the limitations by owners, rent agreements, and most importantly high brokerage charges.

"It is similar to the issue faced by Prashant Bharti 3 years back. When he was searching for a residential apartment for his family in Delhi NCR."

It was the time when he suffered a lot in finding a residential property on rent. In his tight schedule, he gave a lot of time in searching his desired home. There was no way to get it without giving brokerage charges. The journey of Story on Rent started with his struggle of finding a house without paying brokerage charges.

Prashant started his research on the concept of offering a platform where people can find their preferred house without paying any brokerage charges. As we all know that brokers take at least 50% of the monthly rent as their fees. He talked to more than 100 people and found that it is essential to eliminate these broker charges while renting a house.

"As Mr Prashant is a development expert having more than 15 years of experience, he decided to launch an online portal with the name 'Society on Rent' to facilitate both property owners and tenants with the motive to avoid the brokerage charges for both the parties."

As an enthusiastic professional, he started conversing on such platforms with his digital marketing colleague named Rahul Bharti. Taking advantage of his 10 years of System Admin and Digital Marketing experience Rahul Bharti helped Mr Prashant to spread the words about this portal among the people.

What was the Vision/Mission behind Society on Rent?

The main idea behind the development of Society on Rent was to assist people and save their money of brokerage while renting a residential property. Society on Rent implements Innovation & Technology to create a unique way of finding the best rental solutions online. They simplified the whole process in line with peoples need to find a perfect solution and also get Rent Agreement Online.

Society on Rent is the most advanced portal that eases the renting process with better convenience. Their advanced real estate platform is completely based on the new concepts allowing tenants to find a dream place for the accommodation as well as helps property owners to rent their property easily.

Expert's hands behind Society on Rent:

Instead of two professionals Prashant Bharti and Rahul Bharti, more 4 people helped them to get success in helping people. Let’s take a look at the experience of these experts:

Manish Kumar with 10 years of experience in real estate and founder of Madhuri Builders and Developers Pvt Ltd. Manish Kumar is well-known for his domain expertise in real estate and urban affairs.

Nilesh Kumar is a keen strategist having the innate ability to handle the large sales across the geographies. Nilesh Kumar has 10 years of experience in real estate as well as the co-founder of Madhuri Builders and Developers Pvt Ltd. Extremely result-oriented, as head of Strategists at Society on Rent, Nilesh Kumar nurtures large relationships and networks.

Suresh Bhatt is a Finance Professional with 15 years of experience in Finance, Accounting and Business Controlling. Along with Finance, Suresh Bhatt has vast experience in Retailing.

Parmendra Kumar has 15 years of experience in the world of real estate with focus of Buying, Selling, Leasing, and Renting. He steers all things that include Marketing in the Real estate field. He brings an in-depth understanding of the brand and its consumers.

An End To End Solution:

They got the success in achieving their motive of welfare of people and now they are offering an end to end solution for people looking for renting houses. Whatever your worries are, be it the high brokerage fees, property listing charges or monthly rental commitments, Society on Rent is the advanced, user-friendly solution suitable for the people to easily make their way of house hunting easier.

With the use of their Society on Rent platform, enjoy the benefits that include:

Avoid brokers

Free listings

Rental agreement

Shortlist without visit

Movers and packers

Property management facility

Monthly rental commitments

"From the starting of our concept to till today we are growing and increasing our list of customers. People use our portal as well as recommend others to use it to find properties without brokerage," Prashant says.

Society on Rent offers the complete list of verified rentals by the executives with the:

Quality pictures

Detailed amenities

Proper location maps

As said earlier their plan is for both tenants and owners. Prashant decided to give housing rental solutions under one roof. They connect landlords directly to tenants and to keep the property information of landlords under the selected subscription plans at the minimum cost in the market.

The team of 30 professionals at Society on Rent decided to facilitate tenants in terms of offering rent agreements, packers & movers assistance, contact numbers, notifications and at the same time facilitated the landlords by offering personal assistants, social media marketing and property display.

"Society on Rent is looking forward to facilitating people across the nation. They have crossed 1 Million INR revenue yearly. They are also planning to launch property management services to rent the properties with the consent of landlords," Prashant adds.