It’s well known that we are lingering in a tight real estate market. There is little inventory available for purchasing homes. This makes the homes on the market command higher prices. Also adding to the cost of home ownership is the increased interest rate on mortgages.
In spite of this, NOW is an ideal time to get into a cosmetic or light renovation franchise that caters to realtors, not homeowners.
How can the timing be right?
Join me today on the Franchise Minute podcast at 11:30 a.m. EST to hear the interesting answer for yourself. Guest Jeff Bien has a great response to that question.
He’ll also crush the PRECONCEIVED NOTION that to be successful in this business, you need to BE HANDY or have a CONSTRUCTION BACKGROUND.
Who makes an IDEAL CANDIDATE for this business?
A GOOD NETWORKER
Someone who ENJOYS REAL ESTATE and design
Has STRONG MANAGEMENT AND LEADERSHIP SKILLS
The ROLE OF THE OWNER is to DELEGATE and MANAGE the SUBCONTRACTORS that do the work on the homes. No structural work is done.
I myself am about to have a renovation project of my own so this is an interesting topic to me both personally and professionally.