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.
Home Inspection.
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.
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.