9 Hottest Real Estate Small Business Franchise Opportunities
9 Hottest Real Estate Small Business Franchise Opportunities
That was the shortest article ever, right? Not really. Let’s expand our current notion of real estate. Granted, trying to weasel into a decrepit buying and selling market isn’t the brightest idea ever, but there are other aspects to real estate that even in current trends could prove profitable for anyone willing to give them a fighting chance. Three sub-categories come to mind, and all provide small business opportunity: home inspection, home maintenance, and property management.
Home Inspection
By far the largest and most inclusive of the subcategories, home inspection covers more real estate businesses than you can shake a clipboard at, and their value for both owner and client is nearly immeasurable. It may seem reasonable to assume that when the housing market suffers, so does the market for home inspectors, but that, interestingly enough, is not the case. Completely to the contrary actually, the downturn in real estate is in many ways a blessing to the inspection industry, because as independent homebuyers, realtors, and lenders become increasingly choosy about the homes in which they invest their inflated money, the need for an excellent inspector increases dramatically. If you’ve ever seen the old Tom Hanks movie The Money Pit, you understand what I mean.
There are six home inspection franchises that we would strongly recommend looking into if this avenue seems right for you. Realistically, they all have the same goals: deliver the best possible training and support to the franchisee, always provide exceptional inspections to clients, and become top dog in the industry. Still, some of them excel in specific areas.
For instance, HomeTeam Inspection Service brings an interesting twist to the work, running a business model that—instead of being based on the work of a sole inspector eyeing over a home—uses in a small team of inspectors that work side-by-side to sort through every aspect of the home in finer detail. It lightens the load on the individual inspector and builds the trust of all parties involved in the sale. Another small business franchise in the sector, A-Pro Home Inspection, works its magic in the realm of marketing, providing every franchisee the rewards of having a corporate-sized central marketing team without having to develop it. If specific skills don’t interest you, though, and you just want the franchise the pros would use, take a look at Pillar to Post, the home inspection franchise ranked #1 by Entrepreneur Magazine six years running.
Even if you’ve effectively made your choice, don’t miss the other opportunities in this sub-market as well. National Property Inspections, HouseMaster Home Inspection, and Inspect-It 1st are all grade-A real estate franchises well worth your time and consideration.
Home Maintenance
There may only be one business for sale in this group, but that only means that it makes your choice easier. Whether you want to swing the hammer yourself or hire on others to do the groundwork for you, HomeTask.com Handyman Service can teach you how to make that business happen and give you the resources to pull it off. Jobs come in through the franchisor, and you can take or leave them as you choose. Grow the business as large or leave it as small as you like and take vacations at will. Regardless of what you choose, the work will inevitably be there for you, because though home sales has become a tricky business, there is never a lack of people who already own, are buying, or are selling a home who need to have it maintained, fixed, or renovated. Realtors may lose business at times, but handymen always have it.
Property Management
And here’s the kicker, part of the reason that our current housing market is doing so poorly is that home prices and interest rates have risen so drastically that it actually costs more, both per-year and in the long run, to own a home than it is to rent one of the same size and quality. Aside from pulling the bottom out of property sales, this reality has made property renting a big business, because everyone and their mother is renting. And with too many owners of rental properties living far from their land and dealing through the internet, the need for responsible men and women to handle rentals and deal with renters is great.
If you have a knack for real estate, a natural charm in dealing with owners and renters, and the responsibility to handle multiple—even dozens—of properties and all the technicalities that come along with them, then consider this growing industry one for you. Whether you go with Property Management Inc or Real Property Management, both great management business opportunities that have already attained national recognition for the skills of both franchisors and franchisees, there is plenty of room to climb the ladder of success.
Truth be told, the real estate industry is not in good shape these days, and there’s no getting around that. Like all things, though, it works on a cycle: after it goes up, it comes down, and after it comes down it goes back up. Regardless of what turn it’s on at any given time and how long it takes to sway the other way, there are certainly sectors of the industry that retain some degree of constancy despite the sways of the pendulum. These are them, so don’t be afraid to give them a go if real estate, in some fashion, is where you really want to be.
9 Hottest Real Estate Small Business Franchise Opportunities - To learn more about this author, visit Candice Clem's Website.
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If you’ve been paying attention to current US housing trends, you could very well be asking why on earth anyone would want to get into real estate at this point in the game. With interest rates rising to the clouds, astronomical selling prices, and rent everywhere being cheaper than a mortgage anywhere, there really isn’t much reason to try and cash in on real estate right now.
That was the shortest article ever, right? Not really. Let’s expand our current notion of real estate. Granted, trying to weasel into a decrepit buying and selling market isn’t the brightest idea ever, but there are other aspects to real estate that even in current trends could prove profitable for anyone willing to give them a fighting chance. Three sub-categories come to mind, and all provide small business opportunity: home inspection, home maintenance, and property management.
Home Inspection
By far the largest and most inclusive of the subcategories, home inspection covers more real estate businesses than you can shake a clipboard at, and their value for both owner and client is nearly immeasurable. It may seem reasonable to assume that when the housing market suffers, so does the market for home inspectors, but that, interestingly enough, is not the case. Completely to the contrary actually, the downturn in real estate is in many ways a blessing to the inspection industry, because as independent homebuyers, realtors, and lenders become increasingly choosy about the homes in which they invest their inflated money, the need for an excellent inspector increases dramatically. If you’ve ever seen the old Tom Hanks movie The Money Pit, you understand what I mean.
There are six home inspection franchises that we would strongly recommend looking into if this avenue seems right for you. Realistically, they all have the same goals: deliver the best possible training and support to the franchisee, always provide exceptional inspections to clients, and become top dog in the industry. Still, some of them excel in specific areas.
For instance, HomeTeam Inspection Service brings an interesting twist to the work, running a business model that—instead of being based on the work of a sole inspector eyeing over a home—uses in a small team of inspectors that work side-by-side to sort through every aspect of the home in finer detail. It lightens the load on the individual inspector and builds the trust of all parties involved in the sale. Another small business franchise in the sector, A-Pro Home Inspection, works its magic in the realm of marketing, providing every franchisee the rewards of having a corporate-sized central marketing team without having to develop it. If specific skills don’t interest you, though, and you just want the franchise the pros would use, take a look at Pillar to Post, the home inspection franchise ranked #1 by Entrepreneur Magazine six years running.
Even if you’ve effectively made your choice, don’t miss the other opportunities in this sub-market as well. National Property Inspections, HouseMaster Home Inspection, and Inspect-It 1st are all grade-A real estate franchises well worth your time and consideration.
Home Maintenance
There may only be one business for sale in this group, but that only means that it makes your choice easier. Whether you want to swing the hammer yourself or hire on others to do the groundwork for you, HomeTask.com Handyman Service can teach you how to make that business happen and give you the resources to pull it off. Jobs come in through the franchisor, and you can take or leave them as you choose. Grow the business as large or leave it as small as you like and take vacations at will. Regardless of what you choose, the work will inevitably be there for you, because though home sales has become a tricky business, there is never a lack of people who already own, are buying, or are selling a home who need to have it maintained, fixed, or renovated. Realtors may lose business at times, but handymen always have it.
Property Management
And here’s the kicker, part of the reason that our current housing market is doing so poorly is that home prices and interest rates have risen so drastically that it actually costs more, both per-year and in the long run, to own a home than it is to rent one of the same size and quality. Aside from pulling the bottom out of property sales, this reality has made property renting a big business, because everyone and their mother is renting. And with too many owners of rental properties living far from their land and dealing through the internet, the need for responsible men and women to handle rentals and deal with renters is great.
If you have a knack for real estate, a natural charm in dealing with owners and renters, and the responsibility to handle multiple—even dozens—of properties and all the technicalities that come along with them, then consider this growing industry one for you. Whether you go with Property Management Inc or Real Property Management, both great management business opportunities that have already attained national recognition for the skills of both franchisors and franchisees, there is plenty of room to climb the ladder of success.
Truth be told, the real estate industry is not in good shape these days, and there’s no getting around that. Like all things, though, it works on a cycle: after it goes up, it comes down, and after it comes down it goes back up. Regardless of what turn it’s on at any given time and how long it takes to sway the other way, there are certainly sectors of the industry that retain some degree of constancy despite the sways of the pendulum. These are them, so don’t be afraid to give them a go if real estate, in some fashion, is where you really want to be.
9 Hottest Real Estate Small Business Franchise Opportunities - To learn more about this author, visit Candice Clem's Website.
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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