How to Get Rich as a Real Estate Agent? (34 Proven Ways in 2024)
Are you a real estate agent who is looking to get rich? If so, you're in luck! There are many ways to become wealthy as a real estate agent.
This blog post will discuss the best ways to make money as a real estate agent. So, whether you are just starting out in your career or have been working as a real estate agent for many years, read on for some valuable tips on getting rich!
1. Start a real estate coaching business
How much you can make: $430,000/month
2. Start a digital real estate
How much you can make: $42,000 — $550,000/month
How much does it cost to start: $8,000 (?)
3. Start a teaching & consulting business
How much you can make: $12,000 — $300,000/month
How long does it take to build: 7 days (?)
4. Start a real estate information business
How much you can make: $80,000 — $430,000/month
How long does it take to build: 70 days (?)
5. Start a learning management app business
How much you can make: $83,333/month
6. Start a ghostwriting business
How much you can make: $1,500 — $62,500/month
7. Start a real estate video service
Video content helps drive more eyes to real estate listings. According to statistics, real estate listings with video receive 403% more inquiries compared to those without listings.
Realtors and real estate brokers have shifted to the use of video not only to generate social proof but also to build trust with potential buyers and sellers.
Therefore, there is a high demand for video creators focusing on the real estate industry. Real estate agents use video to show off their properties, reach customers digitally, and start conversations directly with them. Therefore, starting a real estate video service can be a rewarding and profitable venture.
How much you can make: $1,500,000/month
How much does it cost to start: $500 (?)
8. Start a proofreading service ($1.2K/month)
How much you can make: $1,200/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 150 days (?)
9. Start an online influencer business ($2K/month)
An online influencer business is a company or service that gets products or services sold through popular online users. It can be a very lucrative form of marketing.
As technology has advanced, more and more influencer businesses are starting to rise. These are people or companies who become famous for being influential on various topics.
More and more companies are investing in online influencer marketing because this channel is successful for new product exposure or for sharing news about a brand through voice-overs on popular online videos. You can work with these online influencers in different ways including the use of affiliate marketing or product embeds with sponsorship.
How much you can make: $2,000 — $50,000/month
How long does it take to build: 295 days (?)
10. Start an online course creation business
Starting an online course could be perfect if you want a passive income. Whatever your background, you could start teaching online and earn a passive income.
All you need to start an online course is patience, imagination, and an enabling eLearning platform where you can connect with the relevant audience.
Online courses may take time and require a lot of effort to start selling. However, once your audience finds the content resourceful, they start sharing and recommending it through their network. Remember, creating an online course could take longer than expected, so remain focused and give your best.
How much you can make: $1,666,666/month
11. Become a virtual assistant ($340K/month)
Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As businesses these days tend to outsource their tasks, the demand for virtual assistants is growing rapidly.
Becoming a virtual assistant is flexible, as you can choose a work schedule and location at your convenience. Many virtual assistants have a dedicated home office where they work in a quiet and distraction-free environment.
To become a virtual assistant, identify a niche you like and undertake any training. Then, figure out how much to charge your customers and create an online presence where you can apply for jobs. As a virtual assistant, you can define your work schedule depending on your availability.
How much you can make: $1,000 — $1,000,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
12. Start a real estate marketing agency
If you're a marketing whiz, starting your own real estate marketing agency could be the perfect business idea for you. As a real estate marketing agency, you'll be responsible for creating and executing marketing campaigns for clients in the real estate industry. This could include tasks like developing marketing materials, managing social media accounts, and conducting market research.
To be successful in this business, you'll need to have strong marketing and people skills. You'll also need to be comfortable working with a variety of clients. If you have these skills, starting your own real estate marketing agency can be a great way to make money in the real estate industry.
The salaries for those in the Real Estate Marketing industry are varied. The average earnings hover around ₹21lakhs, but can reach up to 50 lakh rupees depending on your qualifications and experience level.
The current trend of people searching for properties online is making the real estate marketing agency more popular than ever. In order to market a property effectively online, real estate agents need to work with a marketing agency that knows how to do just that. This trend is only expected to continue, so now is a great time to get involved in the real estate marketing business!
This is a great business idea for those with strong marketing skills. You can work with a variety of clients, which can be great for networking and building your business.
How much you can make: $10,000 — $250,000/month
How long does it take to build: 60 days (?)
13. Start a real estate rental business
How much you can make: $10,000 — $430,000/month
14. Become a ghost blogger ($12.2K/month)
A ghost blogger is simply a writer who specializes in producing blogs for other people.
As a ghost blogger, you can earn between $300 and $1,500 per week, depending on word count and topic.
Ideally, the ideas and knowledge contained in the article originate from the publicly named author.
Therefore, as a ghostwriter, your role is to put the ideas into words.
How much you can make: $450 — $24,000/month
How much does it cost to start: $125 (?)
How long does it take to build: 62 days (?)
Time commitment per week: Min. 5 hours/week
15. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $4,500,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
16. Start a commercial real estate guide business
A real estate guide is the liaison between commercial property buyers and sellers. The commercial real estate guides are responsible for finding the potential property, listing a property, negotiating prices, and much more roles within the real estate industry.
Starting a commercial real estate guide business requires good industry knowledge. Know who are the potential buyers and find ideal commercial properties for sale or lease within your area.
As a commercial real estate guide, you may earn commission from the property sellers or charge the buyers a convenience fee for helping them find the ideal property faster and efficiently.
Rapid urbanization across the globe is one of the factors driving the demand for commercial spaces in major cities and towns. Therefore, investors are searching for local commercial real estate guides to assist them in finding ideal locations for their businesses.
How much you can make: $25,000/month
How long does it take to build: 365 days (?)
17. Become a social media marketer ($5.05K/month)
Social media marketing is gaining website visitors or customers by promoting your company on social media. To succeed in social media marketing, you must regularly post tasty, entertaining, and engaging share material on your social media channels.
Everybody knows that social media is a tool that has become extremely important to businesses of all sizes. It allows them to connect with people worldwide and provides a platform for customer service. Social networks are changing the way we do marketing. They offer an opportunity for individuals, businesses, and organizations to reach millions instantly.
Nowadays, it is easy to earn money through social media marketing. You just need to invest some time and effort to make a profit. Social media has been an essential part of many businesses marketing campaigns, and it is expected to be a significant part of any company’s future.
How much you can make: $100 — $250,000/month
How much does it cost to start: $5,750 (?)
How long does it take to build: 60 days (?)
18. Start an etsy seller business
Etsy is an online marketplace where people can buy and sell all kinds of handmade goods, vintage items, and art supplies.
It's a great way to make some extra cash, and you can use it as an opportunity to build your brand and find new clients.
To get started on Etsy, you'll need these four things:
- An Etsy account
- A PayPal account
- A product idea (or at least a product category)
- A visually appealing storefront with photos of your products
How much you can make: $100 — $750,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 90 days (?)
19. Start an amazon business
How much you can make: $3,000 — $1,175,000/month
How long does it take to build: 60 days (?)
20. Start a tutorial blogging business
How much you can make: $10,000 — $100,000/month
21. Start a digital ebook business
How much you can make: $100,000/month
22. Start an etsy business
If you are an artist looking for ways to turn your skills into revenue, Etsy is your platform.
Etsy is a marketplace for artists and can bring in extra income or even replace your current job.
You can create art pieces and create a successful Etsy shop. Once your Etsy shop is online, consider joining a team to help you learn Etsy’s basics and how to market stuff on Etsy.
How much you can make: $100 — $135,000/month
How much does it cost to start: $1,200 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 3 hours/week
23. Start a real estate inspections business
A thorough home inspection is a critical step in purchasing a home. A proper home inspection could uncover potentially life-threatening problems like faulty wiring, mold, poor plumbing, and other issues that can cause significant loss.
Thus, homebuyers hire certified architects to help them determine if the structure complies with the building code requirements. The Home inspectors inspect to ensure the property meets the zoning bylaws, residents' health and safety, and building standards. Start a property inspection business that is state-certified and follows industry practices to ensure the quality of your work.
24. Start a podcast ($39.5K/month)
The podcast business involves creating and producing audio content that people can listen to online.
It’s a popular form of entertainment and information-sharing.
To start a podcast business on a budget, you'll need a few key steps.
First, choose a niche or topic that you're passionate about and that has an audience.
Next, get basic recording equipment like a microphone and headphones.
Then, find a free or affordable hosting platform to publish your episodes.
Finally, promote your podcast through social media, online communities, and word of mouth to build an audience and potentially attract sponsors or advertisers.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
25. Become a real estate website creator
Real Estate Website Creator Business is a resource for passive income. Real estate websites have become a must-have for real estate agents. Using a website builder like Squarespace, Wix or WordPress can help you stand apart from your competition. For most people, a real estate website creator is among the most effective businesses to start online.
Website Builders Market was valued at $1.46B in 2019 and is projected to reach $2.62B by 2027. Over the past five years, a very popular business that people have started is building real estate WordPress websites. This is a great business to start if you have some money saved up and you're looking for more freedom to work whenever you want.
How much you can make: $50,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
26. Start an ebay business ($10K/month)
eBay business is one of the most fun, and profitable side hustles you should try. You can earn between up to thousands of dollars per month selling on eBay. eBay business is a great side hustle idea because the platform has millions of loyal users. Besides, the platform is best for selling collectibles and different niche market items. But you can also sell old furniture or clothes that are collecting dust at home.
How much you can make: $10,000/month
How long does it take to build: 15 days (?)
Time commitment per week: Min. 4 hours/week
27. Start an educational blog ($1.2K/month)
An educational blog business involves creating a website where you share informative content on a specific subject to educate your audience.
To start on a budget, choose a niche you're knowledgeable and passionate about.
Create quality content using free platforms like WordPress or YouTube.
Promote your blog on social media and through SEO techniques, and consider monetizing it with methods like affiliate marketing and selling digital products once you have a steady flow of visitors.
Consistency and providing genuine value are crucial for success.
How much you can make: $1,200 — $5,000/month
How much does it cost to start: $200 (?)
How long does it take to build: 60 days (?)
More business ideas
- 28. Start a join a paid focus group
- 29. Start a real estate lawyers finder app business
30. Start a bartending service
Bartending service involves providing drinks and mixers to customers at events, bars, restaurants, and other venues. To start a bartending service, you must obtain a liquor license and hire trained bartenders.
It is essential to have a strong understanding of different types of alcohol, mixers, and popular drink recipes. Successfully operating a bartending service requires excellent customer service skills and the ability to handle high-stress environments.
Employment for bartenders is expected to grow by 9% from 2019 to 2029. To stand out in the competitive bartending industry, continuously educate yourself on new drink trends and techniques.
A bartending service can be a lucrative and rewarding business idea for those passionate about mixology and customer service. You can operate a successful bartending service by providing high-quality service and continuously learning and adapting.
31. Start a real estate wholesaling business
How much you can make: $80,000/month
My Tennessee Home Solution (MTHS), a renowned off-market Real Estate Investment Company in Tennessee, was created by co-founders Jordan Isham, Bria...
More business ideas
- 32. Start a translator app business
- 33. Become an online english tutor
- 34. Start a real estate crowdfunding business
Frequently asked questions
Can you get rich as a real estate agent?
If you're a real estate agent, you're probably not in it for the money. But that doesn't mean you can't get rich. The easiest way to build real wealth as a real estate agent is to start your own business. Maybe one of the ones we listed in the business ideas list a bit above.
How to get rich as a real estate agent?
First, invest in yourself. Get an education and specialize in a field that pays well.
Second, think outside the box. There are many opportunities for a real estate agent to make money.
Third, be creative and entrepreneurial. Start your own business or find ways to monetize your skills and knowledge.
By following these tips, you can become a wealthy real estate agent and enjoy the good life!
Conclusion
A real estate agent can get rich by becoming a real estate agent entrepreneur.
There are many opportunities for real estate agents to start their businesses and become wealthy.
Real estate agents can create their products or services or provide consulting services to other professionals in their field.
Real estate agents who are successful in business have several things in common, including a willingness to take risks, an entrepreneurial mindset, and a dedication to excellence.
- 4,818 founder case studies
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- 8,628 business ideas
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
