Freelancers of Bangladesh usually represent a stereotypical industry offering a wide range of marketing and technology services to an international market. Precisely, the vast majority of freelancers in Bangladesh provide ITES services like website and mobile application development, custom software development, cybersecurity, DevOps, digital marketing, and creative and strategic ideations.
A small group of professionals work on basic jobs like accounting and finances, customer services, recruitment, and data entry. However, there are a few exceptional services that Bangladeshi freelancers are offering these days, and one of them is property buying and mortgages. The tasks of this service may surprise you.
Priyo Pay Presents Freelancing Life features individuals who are professionally associated with the freelance market or with their businesses. As part of the arrangement, the latest episode (Episode#6) featured Md. Tazul Islam is a successful freelancer on the popular marketplaces Fiverr and Upwork. He amazed the host, Zakaria Swapan, CEO and Founder of Priyo Pay, by explaining how he serves the international market with exceptional service.
If you have yet to watch the episode, you can watch the video below or watch it on our Facebook page here.
About the Guest
Md. Tazul Islam may not be a well-known name in the Bangladeshi freelance community, but he is silently developing a niche market in the freelance marketplace. After graduating in Computer Science from Uttara University located in Dhaka, he decided to move to the market, offering a niche service that needed to be more available.
At present, he is not actively serving his foreign clients; instead, he is investing his earnings from freelance jobs in the local real estate market. It is a testament to his vision of taking calculated risks, earning money from the international market, and investing it here in Bangladesh.
How to serve the global real estate market from Bangladesh?
Our guest provides a service in the international market that is commonly known as ‘Title search’. Many readers may need help understanding what it means or confuse it with other jobs, but it is basically a research and reporting type job based on the real estate and property industry. Title search represents the procedure of conducting an online survey on a particular piece of land or housing project, finding the records of that asset, its’ lineage and mortgage history.
County Clerk Office, Boone CountyTo some extent, the services go beyond that but usually take little time to be completed. The final output is usually a comprehensive report outlining the potentials, risk factors and recommendations that help the potential land or property buyer make the right decision. When Md. Tazul started his career in this niche, the market was very new, and only a handful of freelancers were actively offering it to clients. The buyers of the services also relied on the expertise of freelancers. Gradually, it has become very competitive as many freelancers in Bangladesh and Pakistan are not offering similar services at different price points.
How do Bangladeshi freelancers get these freelancing jobs?
The services related to properties in the USA are all offered on Upwork portfolio and Fiverr gigs. Freelancers like Tazul prepare these tailored proposals for their potential buyers, offering how they can help with numerous services, including:
- Do a complete title search
- Checking deed history to find property mortgage and code violence records.
The reason why these tasks are easy to do in the USA is because all of the property-related data and records are open for public access. Anyone in Bangladesh can access those county sites and prepare an in-depth report based on client requirements. The same cannot be done in Bangladesh as such records are not publically available, as Tazul has expressed.
Can any Bangladeshi freelancer do this type of project? The answer is yes as per the guest. First of all, it is not a very lengthy and difficult task. Additionally, there are many tutorials available on YouTube explaining how to do these types of projects. Finally, a big market is already established means there are many potential buyers for this service.
How to conduct a Title Search on US property
To get started with freelancing jobs like this, individuals collect preferred location specifics from their buyers. Upon collecting the location, they access the county clerk’s site and make an in-depth study of the property. Finally, freelancers compile the record and submit it to the buyer in a report format.
Why can’t buyers do that on their own? Asked the host. In reply, our speaker explained how it could be time-consuming for busy professionals and why it is more feasible for them to hire someone who is an expert in title search-related tasks. Besides, each project usually costs $10-15, which is a very minimal expense for someone willing to buy land in the USA.
How does Priyo Pay benefit freelancers in Bangladesh?
Md. Tazul Islam benefitted a lot from using Priyo Pay. Primarily because he was using Wise before for withdrawing money, but his account got suspended all of a sudden. At that time, our guest speaker tried to resolve the matter by communicating with the platform, but due to the language barrier, different time zones and other factors, he couldn’t fix it. However, he utilized Priyo Pay, which was referred to him by one of his friends, to transfer the money to the platform and withdraw it finally.
While Priyo Pay has helped him a great deal, he also made a few suggestions to Priyo Pay to make more improvements. That includes launching the mobile app for more convenience, establishing the rights of freelancers by working closely with the government of Bangladesh, and issuing a remittance certificate for users so that they can avail themselves of the tax rebate facility.
Moving Forward
Freelancers of Bangladesh engage in a wide variety of services that can help the national economy bring vast amounts of foreign remittances. It is the responsibility of the authority to facilitate them with tax-friendly financial planning so that they can keep the wheels running. Priyo Pay aims to bridge the gap between professionals by streamlining their earning withdrawals and, at the same time, creating comprehensive profiles, which they can use later to get bank loans or other financial benefits.