Today’s real estate industry is no longer in a mom-and-pop structure rather in a booming shape not just in developed economies but also in developing countries like India, South Africa, Philippines, Nigeria etc
Real estate sector offers tons of money making opportunities to aspiring entrepreneurs today. It could turn out to be a rewarding career choice for folks who have following set of pre-requisites:
- Enough financial backup(Exceptions are there)
- Excellent presentable attitude
- Ability to make and nurture relationships with clients
- Hard working attitude
- Good marketing skills
Here are 25 innovative, in fact the best small business opportunities to inspire you start a real estate business:
1. Property Management
This type of business demands that you’ve excellent liaising skills as entering into this business means you’ll have to establish strong relationships with different kinds of people such as landlords, tenants, contractors etc and moreover you also will have to understand the laws governing landlord- tenants etc
2. Property Development
This type of real estate business covers all activities ranging from buying raw land, building properties and then selling, renting or leasing these furnished properties. Since buying lands and building properties on them is not a small deal, this type of business is capital intensive
3. Real Estate Blogging
If you’ve a sound knowledge about the real estate industry and you’re looking for ways to turn it into profit, then one of best real estate business opportunities today is to create a blog that’ll not only provide you the platform to popularize your articles, tips, advice, guides etc but you can also earn a full time income from it.
4. Landscaping Business
Demand for landscaping services over the last few years has increased considerably not only in United States but also in the developing economies like as India. Previously it was the household market that majorly derived the demand for landscaping services but today the non household market consisting of schools and hospitals is upfront in the race.
5. Lawn care Business
If you love enjoying fresh air and body counting and want to turn it into money, then think of delivering lawn care services to your local residential as well as commercial properties.
6. Property Brokerage
This is number 4th real estate business opportunity that falls in the low cost range and operating this business demands you have high skills of bridging a connection between a property seller and buyer. Let’s put it in another way, a property broker simply acts as an intermediary between a seller and buyer of the properties and you make commission once deal between these parties is fixed up.
7. Real Estate Magazine
There are millions of people who love to read real estate magazine in order to know what is happening in the real estate industry, what market trends are emerging and there are even more of those who seek information related to those properties that are up for sale, rent and leasing. Just think about it, if you can capitalize on this opportunity, if you can then give it a shot in your area.
8. Interior Decoration
If y’re great at beautifying and improving the interior appearance of a home, then give this skill wings by starting an interior decoration business in your community. There is enough cash that is waiting for you in this segment.
9. Wallpaper Business
The perception that wallpapers prove more attractive and less costlier than wall paints is growing day by day in the minds of people. So, if you have acquired the skill of fixing wallpapers, then starting a wallpaper business is an ideal choice you can pick to earn your money.
10. House Painting
House painting service will never get dropped off from the line of high demand. Rendering a house painting services does not demand you to high investment and nor does it face high competition. The vast target market that you can serve consists of local households, commercial properties, apartment owners etc.
11. Property Cleaning
If you aren’t strong enough in your investment, just don’t give place to worry as we have one of the best real estate business ideas for you and that is starting a property cleaning business.
12. Plumbing Business
It will always be needed in our societies as it is impossible to finish up a building without plumbing. So, if you’re living up with crafty plumbing skills then one of the real estate related business you can consider is to start your own plumbing business.
13. Air Condition Installation
This type of business demands you to have a know-how about how to install air conditions and how to market your offering to target clients? If you have such skills then consider providing air condition installation right way in your area.
14. Swimming Pool Constructor
Becoming a swimming pool constructor is another high paying profession in the real estate industry today. There are many services that fall in this category you can deliver to both local residential as well as to the commercial customer segments.
15. Electrical Wiring Business
An indispensable demand for well trained electricians will always persist in the real estate industry. So if you have such skills then start offering electrical wiring services local households, apartment owners, commercial buildings in your local area.
16. Hostel Rental Business
The growing popularity of hostels these days is another incredible opportunity in the real estate industry for such people who have a strong hold on sufficient investment.
17. Shopping Mall Rental
Increasing number of retailers, wholesalers etc looking for rental spaces and the coordination of internet portals that provide you a low cost based opportunity to promote your shopping malls is another one of the best real estate business ideas today.
18. Sell Real Estate Apps
Having some experience in software development can also provide you high profits because day by day the use of customized software applications in the market of real estate companies is increasing at a great pace.
19. Provide Legal Service
Offering legal services to real estate companies is another best business option for those aspiring ones who are lawyers and looking towards starting a business in the real estate industry.
20. Build & Rent Warehouses
The need for warehouse with the emergence of e-commerce has grown to a considerable level. So building and renting warehouses to commercial establishments is another coolest way to bring in money in the real estate industry.
21. Earn For Listing Properties
There is a huge number of people to whom you can help find buyers for their properties they want to sell. You just have to create a website and charge fee for listing their properties on your site.
22. Swimming Pool Maintenance
Another fruitful opportunity for aspiring entrepreneurs to consider in today’s real estate industry is to start a swimming pool maintenance business that offers reasonable profits.
23. Architectural Services
If you know how to design everything from stairwells to skyscrapers, then starting an architecture firm is an ideal option you can go for and hence derive your money by offering architectural services.
24. House Cleaning Business
Due to the fact that most people today find it difficult to get time for cleaning their homes, you might also consider starting your own house cleaning business.
25. Be an Interior Designer
If you are acquainted with the skills to enhance the appearance and beauty of rooms, then one of the best business choices you can pick is to start your own interior designing business in your locality today.