Start An Apartment And House Finder Service Business - Business Ideas

Pat Walls

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Updated: September 15th, 2022

Start An Apartment And House Finder Service Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Starting an apartment and house finder service business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell apartment and house finder service, or selling apartment and house finder service online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size

$170B

starting costs

$15K

gross margin

90%

avg product price

$50

time to build

210 days

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
Employee & Freelancer Expenses	$150	$250
Website Costs	$223	$7,015
Business Formation Fees	$600	$4,700
Software Expenses	$162	$2,894
Advertising & Marketing Costs	$0	$1,400
Total Startup Costs	$1,135	$23,259

See all startup costs ➜

Successful Businesses

Business	URL	Rank
Housing	housing.com	2,969
Rent	rent.com	8,630
Real Estate & Property in Nigeria for Sale and Rent	nigeriapropertycentre.com	25,687
Avalon Communities	avaloncommunities.com	32,795
Westside Rentals	westsiderentals.com	46,313
Nestpick	nestpick.com	61,107
Roommates.com	roommates.com	74,111
New Jersey Multiple Listing Service	njmls.com	77,137
Apartment Finder	greystar.com	85,429
BH Management	bhmanagement.com	107,525
CWS Property Management	cwsapartments.com	137,597

See all businesses ➜

Pros & Cons

Pros	Description
Flexibility	You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home	It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required	The cost to start a apartment and house finder service business costs significantly less money than most businesses, ranging anywhere from 1,517 to 23,259.
Rewarding work	Starting a apartment and house finder service business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable	With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs	To get your apartment and house finder service business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

See all pros ➜

Cons	Description
Crowded Space	Competition is high when it comes to your apartment and house finder service business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process	A apartment and house finder service business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent	As a apartment and house finder service business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits	With a apartment and house finder service business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation	Often times, as a apartment and house finder service business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes	As a apartment and house finder service business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

See all cons ➜

Marketing Ideas

1

Affiliate Program

Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.
Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.
The affiliate typically gets a unique link where clicks and conversions can be tracked.

Learn more about affiliate program ➜
2

Word of mouth

Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.
Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.
According to Nielsen, 92% of people trust recommendations from friends and family.
Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

Learn more about word of mouth ➜
3

Social Media Advertising

Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.
According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.
Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.

Learn more about social media advertising ➜

See all marketing ideas ➜

Key Stats

Startup Costs

Successful Businesses

2,969

8,630

25,687

32,795

46,313

61,107

74,111

77,137

85,429

107,525

137,597

Pros & Cons

Marketing Ideas

Affiliate Program

Word of mouth

Social Media Advertising