As the markets slowly recover and the housing industry makes gains in many parts across the country, considering a franchise that services the real estate market.
There are many home-services franchises available, but I’d like to point out two segments that relate directly to real estate market trends, and those are Home Inspection and Property Management.
Nearly every time a house is bought or sold, a physical inspection of the property is required or recommended. A home inspector is a professional who has been trained and sometimes licensed to conduct a review of a property. A home inspector prepares a report of the properties condition and then charges a fee for their service.
Home inspection franchises provide training and support for building a strong business. The start-up costs are reasonably lower than most franchises since most home inspection franchises are home-based.
Property management companies finding tenants and manage rental properties for both residential and commercial properties. They provide a service to the landlords by screening and placing tenants, collecting rents, providing maintenance services and marketing vacancies. In most cases, a license is required by the state to be able to conduct property management.
Property management franchises offer training, software and support to be able to run a successful franchise.
If you are considering real estate as an area to invest, then take a look at both home inspection and property management. One of our franchise consultants would love to help you.