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The Economic Times
The Economic Times
Trending Desk

Corporate job quit, real estate reality: Man shares 9 eye-opening lessons after 6 months

A former corporate project manager has gone viral on social media after revealing nine eye-opening lessons from his transition into real estate. Six months after leaving his corporate role, he began working as a small-scale property broker in a Tier-3 city in Haryana, India.

Early Success in Real Estate

Despite being new to the field, he shared that he has already closed four deals and earned commissions.

"I left a corporate project management job 6 months ago and became a small-time real estate broker in a Tier-3 city in Haryana. So far, I've earned commission on 4 deals and participated in two property booking/resale transactions (3 partners involved) where we worked on bayana/earnest money and exited before registration," the broker wrote in a Reddit post.

1. "People hate paying for services, even when you create value

You can help someone negotiate a ₹1 crore property down to ₹95 lakhs and save them ₹5 lakhs, but asking for a ₹1 lakh brokerage often feels like asking for their kidney. People happily pay for the asset but resent paying for the person who helped them acquire it."

2. The real money is often in identifying opportunities, not brokering transactions

Brokerage pays the bills. Spotting an underpriced property, booking it, and exiting before registration can create returns that are difficult to match through commissions alone. Of course, this requires capital, experience, and a strong stomach."

3. Importance of Documentation

The broker stressed that proper documentation is crucial and should never be overlooked, as missing paperwork can create problems in future transactions.

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