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Updated over 17 years ago,
New Member, lots of questions
Hello to everybody,
I just came across this site recently, took some time to read up and decided to become a member and ask around.
I have experience in eastern european real estate (lived or worked with partners from countries like Russia, Ukraine, Romania, Moldova, etc), came last year to DC and seing the market here, figured that there is an opportunity and decided to start my own business, but guess what, here a lot of real estate related things are different and I don't know where to really start.
As it happens, the real estate markets of the above mentioned contries are booming (the returns are amaizing), them being comunist or a part of USSR, created a huge demand of all types of real estate, so the demand excedes the supply and even though there are a lot of investors taht are entering or thinking to enter these markets, it would take some time to saturate them. Anyway, to cut my story short: I want to start a company, where I can be the liason between the American and local developers\investors, I already registered my company, started a site (although to be frank, I am not really pleased with it, doesn't look very good yet, needs some more work), and now came time to think of advertising, and I don't know where to start and what makes sense. My niche is very narrow and the companies that are in the business are very big, have history in the business, are respected and I cannot compete with them. Although, I know local developers and builders and can find very good projects, but it is really difficult to make somebody believe that I am not a fake, I really have connections there, know what I am doing and that they can trust me. From my experience from Eastern Europe, I know that this business is usually done by referals (this is how I did it there), so, what do I do, how do I gain trust, if nobody knows me?
Ok, any ideas on the subject? Do you think that this idea of mine can have any future or should I just quit and find something more sustainable?
Thanks a lot