Noob real estate agent here, in Krakow.
Got a shitload of properties to sell... locals (Poles) can't afford to buy this stuff, so must market to international investors.
Problem: I haven't made any sales, and can't afford to pay for advertising. Considering partnering up with buyers' agents in other countries. Is this even a thing -- where they would share the commission on a transaction?
Any tips, leads, other agents/investors in similar situation?
bribe a geologist into claiming they discovered oil underneath the property
What kind of returns would an investor see?
have you tried like...
zillow
>>1517687
Conservatively, about 12%-15% for a hotel.
That's without figuring in tourism growth, which has been between 10% and 20% (increase in visitors per year) in the last few years.
How does one become a real estate agent overseas?
I'm legit interested considering my meme degree will pretty much take me nowhere
>>1517743
It depends on the country... some will require an apprenticeship and/or formal education, then passing a state-administered exam.
Other countries have gone through deregulation. Like Poland -- as of a few years ago, anyone can act as real estate agent. (Any citizen at least... it might also be open to legal residents.)
Even with those countries which require a license, there's always a way around it... just don't hold yourself out as an agent, but rather as an "independent consultant" or whatev... I think a lot of local agencies would be interested in collaborating with someone who speaks fluent English (and has marketing skills).
>>1517699
Zillow is primarily for the domestic US market.
>>1517727
That's with external management?
>>1517834
Maybe 1% less with external management.
But it depends on the competence of external management... a very good manager, even with his/her cut, won't make a dent in returns.
>>1517501
You could start by putting some places on AirBnb so you can make some cash to advertise the other properties, when you have sold those you use the money you made by selling the houses to advertise for the houses you used to rent out thru AirBnb.
>>1518180
Thanks for the tip... but these townhouses are more the ol' school type -- typically huge 15th-century city residences for wealthy landowners whose primary estates were in the country (5, 6 levels w/servants quarters, etc.).
Today they're best suited for hotels & other commercial investments. Not very residential without a massive re-haul and conversion to apartments. Must go as-is!
>>1518194
what can i get for 5000usd?
>>1518197
In Krakow? Maybe a couple hours in the "Champagne Room".
>>1517766
There must be a Polish version
>>1518219
There are, sort of. But they're almost exclusively aimed at the Polish market... more for apartments/houses for sale. Not for attracting international investors/developers.