Property industry broadly cover the areas of rents, domestic housing, capital market, office space, retail and industrial space.
Read also: 25 Tips Make Money in Breakfast Menu Joint (Tea Shop) in Nigeria
As confidence returns to real estate, the industry faces a number of fundamental shifts that will shape its future.
According to the PWC on the global market outlook.
The global investable real estate universe will expand substantially, leading to a huge expansion in opportunity, especially in emerging economies.
Fast-growing cities will present a wider range of risk and return opportunities.
Technology innovation and sustainability will be key drivers for value.
These have created an immense opportunity to start a small venture in the property industry in Asia Pacific, Europe, Africa and the USA.
Read also: Top 33 Latest Business Newspapers in Nigeria
Real Estate & Construction Business
1. Architecture Firm
This is a wonderful opportunity for the entrepreneurs who have knowledge and certification of Civil Engineering.
Passionate entrepreneurs can initiate this business from his or her home location.
2. Commercial Real Estate Agent
Throughout the world, 80% of the properties are sold through property agents.
The major responsibility is providing the right product according to the preferred location and budget of the client.
This is one of the most popular ideas in the real estate industry that demand almost zero investment.
See also: How to start Gemstone Business in Nigeria
3. Commercial Space Renting
This is a profitable renting business in the property industry.
The sharing office is nowadays a hot concept not only in startups but also to businesses.
You can purchase a floor and accommodate many small companies there on rent.
You must provide basic infrastructure like electricity, AC, WiFi, drinking water etc.
See also: 28 Tips to Start Home-made Wine Production Business in Nigeria
Real Estate & Construction Business
4. Construction Cleaning Company
Construction cleaning is a very good business for the individuals who prefer work outside.
Most of the construction company hire cleaning companies to provide the service.
Yes, in this business, you must invest in equipment and manpower.
Read also: How to Start Fuel Tanker Business in Nigeria
5. Construction Project Management
This is another profitable venture in real estate industry.
You must have construction knowledge and Civil background.
Building brand is most important in this business.
See also: 15 Tips to Venture into Online Wine Importation Business in Nigeria
Real Estate & Construction Business
6. House Painting
If you have the right skill and knowledge about wall colours.
You can start this business with small capital investment.
Home based operation in starting will keep your company lean.
You can tie up with other businesses like interior professionals, architecture firms etc.
7. Interior Designing
Interior designing is a million dollar industry worldwide.
Having proper skill and knowledge in important.
The business demands the qualities of communication skill and patience to hear the customer.
Read also: Top 21 Generator Business Tips in Nigeria
Real Estate & Construction Business
8. Landscaping
Landscaping business or lawn care is one of the most lucrative business in the agro-based service industry.
This green business also allows you to operate from home with a small startup capital.
Having proficient knowledge with a good communication skill are the must in this business.
See also: How to Build Choreographic Career in Nigeria(48 Tips)
9. Plumbing
Each and every real estate construction demands plumbing operation.
Even plumbers can earn massive income from service jobs.
Business tie-ups with other construction related operators will make you eligible to get more jobs.
Real Estate & Construction Business
11. Property Management
Property management is one of the best business in real estate industry.
Building brand and reputation is important.
The business demands almost zero investment to start as home based basis.
13. Rainwater Harvesting System Providing
Rainwater harvesting business model is a sustainable way of initiating a profitable venture.
Rainwater harvesting is a technically proven system to collect and store the rainwater into natural reservoirs or tanks.
See also: 18 Tips to Influence & Win Customers in Nigeria
Real Estate & Construction Business
14. Real Estate Appraiser
Appraisers play an important role in the process of valuing, selling and buying of properties.
Their common duties include appraising homes, commercial real estate.
And other properties, preparing appraisal reports.
Keeping up-to-date on the local real estate market and handling additional responsibilities as needed.
See also: 19 Guides For Running Wine Shop/Business in Nigeria
Real Estate & Construction Business
15. Real Estate Developer
Real estate developers develop properties of an owner’s land on a profit sharing basis.
They generally take the responsibilities of legal permissions, construction, and selling.
16. Legal Consultant
As a real estate legal consultant.
Your primary responsibilities are giving legal advice to those with real estate questions.
About topics like bankruptcy, easement, sale, and foreclosure.
It is advisable, to start with a right license.
See also: 52 Ways to Make Money in Choreographic Career in Nigeria
Real Estate & Construction Business
17. Real Estate Magazine
Real estate magazine publishing is a very sophisticated business in the industry.
As like as publication house, providing right information.
And data about the industry the primary factor in getting client’s trust.
Read also: Top 26 Janitorial Business Tips in Nigeria
18. Real Estate Photography
When photos are created for a property listing that a real estate agent is going to sell on the housing market, is called real estate photography.
A post-processing software plays an important role in the real estate photography business.
Adding video as part of your services puts you ahead of the competition.
See also: 51Tips to Become Data Scientist in Nigeria
Real Estate & Construction Business
19. Roof Maintenance & Restoration
This is a wonderful opportunity of self-employment in property industry.
Having proper skill and knowledge is important.
You can start this business from home.
You must invest in the equipment purchase and advertising.
20. Solar System Providing
The solar system is considered as the best alternate resource of energy.
There is always demand for eligible solar technician and equipment seller.
You can also start with a niche audience like solar system providing for television or irrigation pumps.
See also: Top 15 Social Media Marketing Business Tips in Nigeria
Real Estate & Construction Business
21. Vacation Property Rental Agent
Vacation property rental businesses are very successful in tourist places.
In addition to renting those properties.
Your responsibilities are maintenance, cleaning and fulfilling the taxes etc.
Start the business right from your home.
Read on: 23 Tips to Start Business Exporting Herbal Products in Nigeria
22. Wallpaper
Wallpapers are very popular nowadays as an interior paint alternative.
You can start selling and installing wallpaper business from home.
Tie up with interior experts.
Proper financial and marketing plan is important.
You can also promote the business from a retail store.
Do advertisement both online and offline.
See also: 28 Tips to Make Money in Retail Herbal Products (Medicine/Soap) in Nigeria
Conclusion:
The advantages of entry in the real estate industry can vary significantly.
Specialized commercial property related services are related to brand recognition and the ability to attract new clientele.
On the other hand, commercial ownership in the real estate industry services is the capital intensive.
We hope ideas in the real estate industry.
Will help entrepreneurs to take the right decision.
According to his or her location, expertise, and budget.