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Real Estate

Real Estate Listing Preparation Service

Help people prep their home listings with your excellent copywriting, editing and sales skills.

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Business At A Glance

Real Estate Listing Preparation Service

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

Real estate agents are quick to tell you that a home that has beenprofessionally prepared to be listed will always sell faster, and formore money, than a home that has not been prepared to be listed. Thatis why real estate agents will become your number-one referral sourceif you choose to start a real estate listing-preparation service.

Cracked windows, peeling paint, and rotten porch boards all leave alasting impression with potential homebuyers’the wrong impression! Whenyou see a rusty car you automatically think it must also run like junk.Homes are no different’peeling paint instantly conjures up theimpression that the wood behind it must be rotten. Utilizing yourhandyperson skills you can conduct minor repairs, fix what needs to befixed, and basically give your clients’ homes a general spruce-up priorto the listing. It is not uncommon for the seller to be rewarded bygetting multiple times their investment back when selling, becausestructural and cosmetic deficiencies always add up to a lowernegotiated selling price.

The Market

Homeowners who have recently listed their home for sale.

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Real Estate

Real Estate Appraiser

Good with numbers and values? Start a real estate appraisal business.

Entrepreneur

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Business At A Glance

Real Estate Appraiser

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

Real estate appraisers are specialists in estimating the value of landand the structures on that land. Real estate appraisals are commonlyrequired when people buy a home, sell a home, apply for or renew amortgage, for insurance purposes, to settle estates, and to settledivorce cases.

It is the job of the real estate appraiser to prepare awritten description of the property, and draw a diagram of the propertythat shows structures. Appraisers must also verify legal descriptionsof the property with county or city records, along with an estimatedmarket value. Fair-market values are based on factors such as propertycondition, the values of homes in close proximity, and buildingreplacement costs, using building valuation manuals and professionalcost estimators.

The Market

Homeowners, mortgage brokers and escrow companies. The key to successin this industry are alliances. You need to build working relationshipswith other professionals who commonly need, or whose clients need, realestate appraisal services. These professionals include mortgagebrokers, bankers, real estate brokers, real estate agents, and realestate lawyers.

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Real Estate

Real Estate Auctions

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

Entrepreneur

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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.

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Real Estate

Real Estate Photo Service

Capture your passion for photography and architecture in a few snaps.

Entrepreneur

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Business At A Glance

Real Estate Photo Service

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

A real estate photography service is aterrific and inexpensive homebased business to start and operate.Thousands of real estate agents and homeowners simply do not have thetime, equipment, or skills necessary to take professional photographsof a home or building they are selling or listing to be sold.

The bestmethod of marketing a real estate photography service is to simplyarrange appointments with real estate agents and present a portfolio ofhomes, buildings, and properties that you have photographed. Ideallythe service should be provided to clients in both film and digitalimage format. Amazingly, photographing a mere 50 homes per week, andcharging only $25 for each home photographed, will produce sales inexcess of $50,000 per year.

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