(CLAIR) – As Simi Valley real estate agents and brokers are looking for ways to supplement their incomes during the current economic downturn, Clair has compiled a list of 13 Businesses Real Estate Professionals Can Try Right Now.
Real Estate Agents and Brokers have a range of skills and experiences that can be valuable in a variety of different careers. Here are a few ideas for businesses that might be a good fit for real estate agents looking to make a temporary transition into another line of work:
1) Property Management: Real estate agents already have a strong understanding of the property market and may be well-suited for a career in property management. This could involve managing rental properties for landlords or overseeing the maintenance and upkeep of commercial or residential properties.
2) Sales: Real estate agents are skilled at building relationships and making sales, so they may be well-suited for a career in sales in a related field, such as insurance or financial services.
3) Marketing: Real estate agents are often skilled at marketing properties and generating leads, so a career in marketing or advertising could be a good fit. This could involve developing marketing strategies for a variety of products or services.
4) Event planning: Real estate agents are often skilled at coordinating events and managing logistics, so a career in event planning could be a good fit. This could involve planning and coordinating events for businesses, organizations, or individuals.
5) Consulting: Real estate agents have a deep understanding of the real estate industry and may be well-suited for a career as a consultant, helping clients navigate the market and make informed decisions.
6) Teaching: Real estate agents have a wealth of knowledge about the industry and may be well-suited for a career as a teacher or instructor, helping to educate others about real estate principles and practices.
7) Project Management: Real estate agents are often skilled at managing projects and coordinating various tasks and stakeholders, so a career in project management could be a good fit. This could involve overseeing the development of construction or renovation projects, or managing other types of projects in a variety of industries.
8) Home Staging: Help homeowners and real estate agents prepare homes for sale by staging them for maximum appeal. This can include rearranging furniture, adding homey touches like throw pillows and blankets, and even bringing in plants to add a splash of color.
9) Rent-to-own Consulting: Many people are unable to qualify for traditional mortgages, so rent-to-own can be a good option. Help clients navigate the process and find the right property. This can include assisting with the paperwork, negotiating terms with landlords, and providing ongoing support throughout the rent-to-own process.
10) Investment Property Management: Help investors find and manage rental properties, including handling tenant relations and maintenance. This can be a great business for those with an eye for potential investment opportunities and a knack for dealing with people.
11) Commercial Real Estate: While residential real estate may be struggling, commercial real estate is still going strong. Help businesses find the perfect location for their needs, whether it’s an office building, a retail space, or something else.
12) Real Estate Coaching: Share your knowledge and experience with others looking to succeed in the industry. This can include one-on-one coaching, group workshops, and even online courses.
13) Real Estate Photography: With more and more buyers starting their home search online, high-quality photos are a must. Help agents and homeowners showcase their properties in the best light by providing professional photography services.
Despite the challenges facing the real estate industry, there are still opportunities for professionals to succeed as the industry works to get things back on track.
With hard work, some marketing and sales experience and determination, any of these businesses can be a successful venture. So don’t give up – there are plenty of opportunities out there for those willing to take a chance and try something new.
