moonchild
VIP Contributor
Real estate is a lucrative venture and one of the best ways to earn passively, it's been existing since human beings stopped living in caves and will continue to be an ever green niche as long as humans live.
But the downside of this type of business is high barrier of entry, you need to have a huge amount of money to be able to earn a significant income or if any at all.
So it have been stereotyped as a rich people type of business because it requires huge amount of money and it's not a get rich quick type of business you need to be willing to sit on a property for a long time to make a decent return.
But on a flip side this business has many parts and today we'll focus on house agents, these are people that facilitate rent and house purchase, they act as a middle men in these type of business.
To start this business you need to consult a real estate company and get the houses they have in a picture and advertise to people when you make a sell they'll pay you a commission out of it and that's how house agents make money.
Most house agents later become real-estate owners .
But the downside of this type of business is high barrier of entry, you need to have a huge amount of money to be able to earn a significant income or if any at all.
So it have been stereotyped as a rich people type of business because it requires huge amount of money and it's not a get rich quick type of business you need to be willing to sit on a property for a long time to make a decent return.
But on a flip side this business has many parts and today we'll focus on house agents, these are people that facilitate rent and house purchase, they act as a middle men in these type of business.
To start this business you need to consult a real estate company and get the houses they have in a picture and advertise to people when you make a sell they'll pay you a commission out of it and that's how house agents make money.
Most house agents later become real-estate owners .