NoBroker.com is a disruptive brokerage-free property search portal that connects owners & tenants and buyers & sellers directly with each other by eliminating the middleman. NoBroker.com is revolutionizing house hunting not just by eliminating brokerage but also by making it convenient and hassle-free with the use of cutting edge technology and innovation.
Tenants have been paying brokerage year on year without seeing any advantage of the middleman. The only reason the intermediation existed was that there was a huge information asymmetry in the market. NoBroker.com removes this information asymmetry and provides a marketplace for free exchange of this information that used to cost 1-2 months of rent as brokerage.
The portal works on the backbone of an algorithm that identifies and bans brokers from the portal. NoBroker.com witnessed massive growth and high rate of acceptance and adoption from customers, due to a huge latent demand for non-brokerage marketplace.
Today, NoBroker.com has created the world’s largest ‘customer –to – customer’ real estate ecosystem serving over 3.5 million customers. The user base gives us massive insights into the behavior, demands and consumption patters of the Indian real estate customer.
NoBroker.com is adding 1.8 lakh customers on a monthly basis and witnessing 10 lakh customer connections every month, which leads to a saving of more than 50 crores every month in brokerage.
NoBroker.com is a market leader in ‘customer – to – customer’ real estate transactions and leading third party endorsements have recognized the same,
- Recognition from the Govt of Gujarat as a promising startup
- NoBroker recognized by Forbes Japan as one of the 20 hot startups in India.
- NoBroker listed as one of the top 100 startups (36 on
readers rating) with gravity defying momentum to look up to in 2017 by
- NoBroker part of the elite ‘Champions of Change’ with the Prime Minister of India organized by the Niti Ayog
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