Connect with us

Real Estate

Real Estate Auctions

Use your booming voice to start a booming auctioning business. Business idea sold!

Entrepreneur

Published

on

Business At A Glance

Real Estate Auctions

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Online Operation? Yes

Business Overview

Real estate auctions are becoming extremelypopular, as an auction is a very effective method to sell a propertyquickly and effortlessly. The main requirement for starting a realestate auction service is that you, a partner, or employee must be alicensed auctioneer. The business can focus on real estate in general,or be more specific and specialize in one particular type of realestate such as vacation properties or commercial buildings.

Thebusiness creates revenue by way of a commission percentage that isbased on the total selling price of the property be auctioned, and thecommission rate charged often varies between 3 and 10 percent. The keyobjective is obvious: sell the property for as much as possible, asthis will earn the business a higher commission fee. This will makeyour client very happy, which in turn helps to build a good reputationin the industry and guarantees future real estate auction clients.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

Real Estate

House Preparation Service

Help real estate sell more quickly with a house preparation service.

Entrepreneur

Published

on

Business At A Glance

House Preparation Service

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Educating yourself about the laws ofcommercial real estate leases and contracts can really pay off,especially if you apply this newfound knowledge and become a commercialleasing agent. A commercial leasing agent service can be set in motionfor less than $10,000, and can return as much as $100,000 per year inincome.

The main focus of this enterprise is to source buildings,stores, and offices to list for lease, and find suitable tenants tooccupy these locations. In exchange for your services you charge thelandlord of the building one month’s rent as your fee, or leasingcommission. Should another real estate or leasing agent be involved inthe transaction, you would simply split the fee with that person orcompany. Commercial leasing is very straightforward, but you will stillwant to extensively research the topic as well as check localregulations in terms of the legalities of becoming a leasing agent inyour community.

Continue Reading

Real Estate

For-Sale-by-Owner Specialist

Help those who want to sell their own real estate.

Entrepreneur

Published

on

Business At A Glance

For-Sale-by-Owner Specialist

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Many people attempt to sell their own homes, properties and cottagesevery year. And while some are successful, many are not. This creates afantastic opportunity for the clever entrepreneur to start afor-sale-by-owner consulting business to assist these people in sellingtheir homes and properties quickly, conveniently and for top dollar.

Duties include instructing clients in how to prepare their home forlisting, helping them to establish a value, teaching them how to markettheir property, having signs made, instructing them on the finer pointsof hosting an open house, and providing them with template forms thatcan be used to write an offer and sale agreement. The for-sale-by-ownerspecialist is not working as a real estate agent or broker, but merelyas a consultant to guide clients through the steps to help them selltheir own homes. Charge clients a flat fee for providing the service,and charge separately for extras like printing fliers, creating ForSale and Open House signs and for listings on your Homes for Sale byOwner website and in any for-sale-by-owner publications that you printand distribute.

The Market

Securing clients is as easy as calling people who currently have theirhomes for sale by owner, and by advertising locally in the real estatesection of the newspaper.

Continue Reading

Real Estate

Developer Home Sales

Use your sales and marketing skills in a career for independent homes sales.

Entrepreneur

Published

on

Business At A Glance

Developer Home Sales

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Online Operation? No

Business Overview

If you have excellent sales and marketing skills, a career as anindependent new home sales consultant may be right up your alley. Inmost areas of the country a real estate license isn’t required to sellnew homes, townhouses and condos for the developer of these housing andsubdivision projects.

The main obstacle to overcome in establishingyourself as an effective and results-oriented professional is toconvince the developer that you’re the right person for the veryimportant task of marketing their capital-intensive developments.However, once established, persistence and results are generouslyrewarded, as top producers in this industry routinely earn six-figureincomes year after year.
Marketing your consulting expertise is likemarketing any business. Prior to contacting developers to solicit forsales consulting contracts, make sure you’ve done all your homework andhave prepared a complete presentation of the projected sales forecastsand marketing methods you’ll be implementing in the merchandising oftheir development project.

The Market

Housing developers

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending