In 2024, there are lots of great ways for real estate agents to make extra money on the side called real estate side hustles. Whether you’re good with people, love looking at houses, or have a knack for business, there’s something for everyone.
In this guide, we’ll explore 21 of the best side hustles for real estate agents. From doing online notary work to managing properties or even flipping houses, there are plenty of options to choose from.
We’ll break down each hustle and show you how to get started. So if you’re ready to boost your income and explore new opportunities in real estate, you’re in the right place!
Let’s dive in and discover the exciting world of real estate side hustles together.
- 21 Best Real Estate Side Hustles 2024
- 1. Become a Remote Online Notary
- 2. Handle Property Tax Appeals
- 3. Provide Property Management Services
- 4. Create An eBook
- 5. Sell Real Estate Online Courses
- 6. Become a Mortgage Loan Officer
- 7. House Flipping
- 8. Start a Blog for Real Estate Biz
- 9. Start a YouTube Channel
- 10. Referrals and Leads
- 11. Acting as a Referral Agent
- 12. Start Real Estate Coaching & Consulting Biz
- 13. Home Staging Real Estate Side Hustles
- 14. Start a Real Estate Podcast
- 15. Freelance Content Writing
- 16. Create & Sell Digital Products
- 17. Stock Photography Income
- 18. Rent Out Investment Properties
- 19. Become a Real Estate Virtual Assistant
- 20. Become a Social Influencer
- 21. Host Networking Events
- 5 Steps to Starting a Real Estate Side Hustle…
- Conclusion
21 Best Real Estate Side Hustles 2024
Discover the top 21 real estate side hustle ideas for 2024, offering agents innovative ways to boost their income.
From remote notary services to property management and house flipping, explore diverse opportunities in the ever-evolving real estate landscape.
1. Become a Remote Online Notary
With the rise of digital transactions, becoming a remote online notary is a lucrative real estate side hustle.
Offer your services for remote signings and document notarization, catering to clients’ convenience and enhancing your income stream as a side hustle for real estate agents.
- Obtain necessary licensing and certifications for online notary services.
- Invest in reliable digital tools and software for secure document management.
- Market your services to real estate agents, law firms, and individuals needing remote notarization.
- Offer competitive pricing and convenient scheduling options to attract clients.
- Stay updated on legal requirements and regulations governing online notarization to ensure compliance.
READ MORE 👉 How To Become A Remote Online Notary
2. Handle Property Tax Appeals
Utilize your knowledge of the real estate market to assist property owners in appealing their tax assessments.
Position yourself as an expert in property valuation, offering services to reduce tax burdens and earn extra income as a side hustle for real estate agents.
- Gain knowledge of local tax laws and assessment processes.
- Offer free consultations to property owners to assess their appeal prospects.
- Prepare compelling appeals by gathering relevant property data and comparable sales.
- Represent clients at tax appeal hearings and negotiate with tax assessors for favorable outcomes.
- Build a reputation for successfully reducing property tax burdens to attract more clients.
READ MORE 👉 8 Steps to Appeal Your Property Tax Bill
3. Provide Property Management Services
Provide Property Management Services: Leverage your expertise to manage rental properties for busy landlords. Offer services such as tenant screening, rent collection, and maintenance coordination, providing a valuable side hustle for real estate agents seeking additional income opportunities.
- Develop comprehensive property management packages tailored to landlords’ needs.
- Implement efficient systems for rent collection, maintenance requests, and tenant screening.
- Utilize property management software to streamline operations and communication.
- Offer 24/7 availability for emergencies and tenant inquiries.
- Build relationships with reliable contractors and service providers for maintenance tasks.
READ MORE 👉 Property Management: Definition, Roles, Types, and Duties
4. Create An eBook
Create An eBook: Share your insights and experiences in the real estate industry by creating an eBook.
Cover topics like successful property flipping strategies or navigating the rental market, providing valuable resources for aspiring investors and generating passive income for your real estate side hustle as a real estate agent.
- Choose a niche topic within real estate based on your expertise and audience demand.
- Conduct thorough research and organize content into a structured format.
- Design an attractive cover and layout to enhance the eBook’s appeal.
- Publish your eBook on popular platforms like Amazon Kindle Direct Publishing.
- Promote your eBook through social media, email marketing, and targeted advertising to maximize sales.
9 Easy Steps to Kindle Direct Publishing on Amazon in 2024
5. Sell Real Estate Online Courses
Develop online courses covering various aspects of real estate, from investment strategies to negotiating techniques.
Market your courses to aspiring agents or property investors, establishing a profitable side hustle for real estate agents while sharing your expertise with a broader audience.
- Identify key areas of expertise or specialized knowledge to offer in your courses.
- Develop engaging course content with a mix of video lectures, quizzes, and downloadable resources.
- Create a user-friendly platform for hosting and delivering your online courses.
- Offer discounts and promotions to attract initial students and gather positive reviews.
- Continuously update your courses to reflect changing market trends and best practices.
READ MORE 👉 Get your course READY this weekend & share it with the world
6. Become a Mortgage Loan Officer
Expand your skill set by becoming a licensed mortgage loan officer. Offer lending services to homebuyers and investors, earning commissions on mortgage transactions as a complementary side hustle for real estate agents.
- Obtain necessary licenses and certifications required to work as a mortgage loan officer.
- Build relationships with mortgage lenders and financial institutions to facilitate loan approvals.
- Guide clients through the mortgage application process, explaining different loan options and terms.
- Stay updated on changes in lending regulations and interest rates to provide informed advice.
- Network with real estate agents and homebuyers to generate leads and referrals.
READ MORE 👉 How To Become a Mortgage Loan Officer in 8 Steps
7. House Flipping
Engage in the lucrative practice of buying, renovating, and selling properties for profit.
Utilize your knowledge of the real estate market to identify undervalued properties and execute successful flips, turning property investments into a rewarding side hustle for real estate agents.
- Conduct thorough market research to identify undervalued properties with profit potential.
- Develop a budget and renovation plan to maximize returns on investment.
- Work with reliable contractors and tradespeople to execute renovations efficiently and within budget.
- Stage the property to enhance its appeal to potential buyers and expedite the selling process.
- Monitor market trends and timing to optimize selling price and minimize holding costs.
READ MORE 👉 Flipping a house: a beginner’s guide
8. Start a Blog for Real Estate Biz
Establish a blog focusing on real estate tips, market trends, and investment strategies.
Monetize your blog through affiliate marketing, sponsored content, and advertising, creating a passive income stream for your side hustle as a real estate agent.
- Choose a niche within the real estate industry, such as property investing, home buying tips, or market analysis.
- Regularly publish high-quality content that provides value and engages your target audience.
- Optimize your blog for search engines to increase visibility and attract organic traffic.
- Monetize your blog through affiliate marketing, sponsored content, and display advertising.
- Build an email list and cultivate relationships with your readers to foster long-term engagement.
Starting A Blog:- A Comprehensive Guide to Beginners 2024
9. Start a YouTube Channel
Create engaging video content showcasing properties, offering advice to buyers and sellers, and sharing insights into the real estate industry.
Monetize your channel through ads, sponsorships, and affiliate marketing, turning your passion for real estate into a profitable side hustle.
- Define your channel’s niche and target audience to guide your content creation efforts.
- Invest in quality equipment for filming and editing professional-looking videos.
- Create a content calendar and consistently upload new videos to keep your audience engaged.
- Interact with your viewers by responding to comments and incorporating their feedback into future content.
- Collaborate with other YouTubers and industry professionals to expand your reach and grow your subscriber base.
How To Start a YouTube Channel in 8 Easy Steps:- An Ultimate Guide
10. Referrals and Leads
Capitalize on your network and industry connections to generate referrals and leads for other agents or service providers.
Earn commissions or referral fees for successful transactions, supplementing your income as a side hustle for a real estate agent.
- Build and maintain strong relationships with fellow real estate agents, brokers, and industry professionals.
- Actively seek out opportunities to provide referrals and leads to your network, fostering reciprocity.
- Utilize social media platforms and networking events to expand your reach and connect with potential clients.
- Offer exceptional service to clients to encourage them to refer their friends and family to you.
- Implement a referral tracking system to ensure proper acknowledgment and compensation for successful referrals.
11. Acting as a Referral Agent
Partner with out-of-area or specialized agents, referring clients to them in exchange for referral fees.
Leverage your network and expertise to match clients with the right agent, earning passive income through successful referrals as a side hustle for real estate agents.
- Establish partnerships with real estate agents or brokerages in other areas or specialties.
- Develop a thorough understanding of your referral partners’ strengths and service offerings.
- Maintain regular communication with your referral partners to stay updated on client needs and market trends.
- Provide warm introductions and personalized recommendations when referring clients to your partners.
- Negotiate referral fees or commissions upfront to avoid misunderstandings and ensure fair compensation for your efforts.
READ MORE 👉 The Role and Importance of a Referral Agent in Real Estate
12. Start Real Estate Coaching & Consulting Biz
Share your expertise and mentorship with aspiring agents or property investors through coaching and consulting services.
Offer personalized guidance, training, and advice, establishing a fulfilling side hustle for real estate agents while helping others succeed in the industry.
- Identify your areas of expertise and develop a coaching framework or curriculum based on your knowledge and experience.
- Offer one-on-one coaching sessions, group workshops, or online courses to cater to different learning preferences.
- Market your coaching services through your professional network, social media, and industry events.
- Provide ongoing support and guidance to your clients, helping them overcome challenges and achieve their goals.
- Continuously invest in your own education and professional development to stay relevant and valuable to your clients.
READ MORE 👉 How do you start a successful real estate consulting business?
13. Home Staging Real Estate Side Hustles
Utilize your eye for design and space optimization to stage properties for sale.
Help sellers enhance their homes’ appeal to potential buyers, earning fees for your staging services as a valuable side hustle for real estate agents.
- Develop an eye for interior design and staging techniques to highlight a property’s best features.
- Invest in quality furniture, accessories, and decor items to stage homes effectively.
- Work closely with sellers to declutter and depersonalize their homes to appeal to a wide range of buyers.
- Take professional-quality photographs of staged properties to showcase their potential to potential buyers.
- Stay updated on current design trends and market preferences to ensure your staging efforts remain relevant and appealing.
READ MORE 👉 12 Tips on How to Stage Your Home for a Quick Sale
14. Start a Real Estate Podcast
Launch a podcast discussing industry trends, market insights, and success stories.
Monetize your podcast through sponsorships, advertising, and listener support, establishing a passive income sourse for your real estate side hustle.
- Define your podcast’s niche and target audience to differentiate yourself in a crowded market.
- Plan out episodes with engaging topics, guest interviews, and valuable insights for your listeners.
- Invest in quality recording equipment and editing software to produce professional-sounding episodes.
- Distribute your podcast on popular platforms like iTunes, Spotify, and Google Podcasts to reach a wider audience.
- Promote your podcast through social media, email newsletters, and collaborations with other industry influencers to grow your listener base.
READ MORE 👉 How to Start a Podcast: Complete Step-by-Step Guide [2024]
15. Freelance Content Writing
Leverage your expertise to write articles, blog posts, and marketing content for real estate websites and publications.
Offer your services on freelance platforms or pitch directly to clients, earning income as a freelance writer specializing in real estate topics.
- Showcase your writing skills and expertise in real estate topics through a professional portfolio.
- Create profiles on freelance platforms like Upwork, Freelancer, and Fiverr to attract clients.
- Tailor your services to meet the specific needs of real estate businesses, such as blog writing, website content, or marketing materials.
- Meet deadlines and deliver high-quality content to build a reputation as a reliable and skilled freelance writer.
- Network with real estate agencies, marketing firms, and industry publications to secure recurring writing gigs and referrals.
READ MORE 👉 How To Become a Freelance Content Writer and Get Clients
16. Create & Sell Digital Products
Develop digital products such as e-guides, templates, or online tools catering to real estate professionals or property investors.
Market your products through your website or online platforms, generating passive income for your real estate side hustles as a real estate agent.
- Identify a market demand for digital products related to real estate, such as templates, guides, or educational materials.
- Develop high-quality digital products that provide value and solve specific problems for your target audience.
- Set up an online storefront on platforms like Gumroad, Etsy, or Shopify to sell your digital products.
- Use targeted marketing strategies such as email campaigns, social media advertising, and content marketing to drive sales.
- Continuously update and improve your digital products based on customer feedback and market trends.
Starting a Digital Products Business in 2024:- A Comprehensive Guide
17. Stock Photography Income
Capture high-quality images of properties, architecture, and interior design for stock photography websites.
Earn royalties each time your photos are downloaded, creating a passive income stream for your real estate side hustle.
- Capture high-quality images of properties, architecture, and interior design using professional photography equipment.
- Research popular stock photography websites like Shutterstock, Adobe Stock, and Getty Images to understand their submission guidelines and licensing terms.
- Optimize your images with appropriate keywords and metadata to improve their discoverability on stock photography platforms.
- Regularly upload new photos to your portfolio to attract buyers and generate passive income over time.
- Monitor trends in the real estate market and adjust your photography style and subjects accordingly to maximize sales potential.
READ MORE 👉 Shoot Your Shot: Start Making Money with Stock Photography
18. Rent Out Investment Properties
Invest in rental properties and generate passive income through rental income.
Utilize property management services or platforms to streamline the rental process, establishing a long-term income stream for your real estate side hustle as a real estate agent.
- Acquire investment properties in desirable locations with high rental demand and potential for appreciation.
- Conduct thorough screening of potential tenants to minimize the risk of rental defaults and property damage.
- Set competitive rental rates based on market analysis and property features to attract quality tenants.
- Maintain regular communication with tenants and promptly address any maintenance or repair issues.
- Stay informed about landlord-tenant laws and regulations to ensure compliance and protect your investment.
19. Become a Real Estate Virtual Assistant
A great real estate side hustle is to provide administrative and marketing support to busy real estate professionals as a virtual assistant.
Offer services such as email management, social media marketing, and client coordination, earning income while assisting agents in managing their workload.
- Develop proficiency in administrative tasks such as email management, calendar coordination, and data entry.
- Familiarize yourself with real estate-specific software and tools commonly used by agents and brokers.
- Offer flexible support services to accommodate the varied needs and schedules of real estate professionals.
- Build a strong online presence and market your services through freelance platforms, social media, and industry forums.
- Provide exceptional customer service and demonstrate reliability to establish long-term relationships with clients.
READ MORE 👉 How To Become a Virtual Assistant & Land Your First Job
20. Become a Social Influencer
Build a strong presence on social media platforms by sharing valuable content, tips, and insights related to real estate.
Collaborate with brands, promote products, and sponsorships, leveraging your influence to generate income as a social media influencer and side hustle for real estate agents.
- Identify your niche within the real estate industry and develop a unique brand personality and voice.
- Create engaging content that resonates with your target audience, such as property tours, market insights, and behind-the-scenes glimpses of your real estate business.
- Grow your social media following by consistently posting high-quality content and interacting with your audience.
- Collaborate with other influencers, brands, and industry professionals to expand your reach and attract new followers.
- Monetize your influence through sponsored posts, brand partnerships, and affiliate marketing opportunities.
READ MORE 👉 What Is a Social Media Influencer? And How to Become One
21. Host Networking Events
Organize networking events and meetups for real estate professionals and investors in your area.
Provide opportunities for networking, learning, and collaboration, earning income through event fees, sponsorships, and partnerships as a side hustle for real estate agents.
- Plan and organize networking events tailored to the needs and interests of real estate professionals in your area.
- Secure venues, speakers, and sponsors to add value and attract attendees to your events.
- Promote your networking events through email invitations, social media, and industry associations to reach a wide audience.
- Facilitate meaningful connections and interactions among attendees through icebreakers, group activities, and networking sessions.
- Collect feedback from participants and continuously improve your events to ensure their success and reputation as valuable networking opportunities.
5 Steps to Starting a Real Estate Side Hustle…
Here is my 5 Steps to Starting a Real Estate Side Hustle and run it successfully…
1. Define Your Niche:
- Determine the specific area of real estate you want to focus on for your real estate side hustle.
- Whether it’s property management, house flipping, or real estate coaching, clarifying your niche will guide your next steps.
2. Research and Education:
- Invest time in researching the chosen niche to understand market trends, demands, and potential challenges.
- Consider taking relevant courses or obtaining certifications to enhance your knowledge and credibility in the field.
3. Create a Business Plan:
- Develop a detailed business plan outlining your goals, target market, pricing strategy, and marketing tactics.
- This plan will serve as a roadmap for your side hustle and help you stay focused on your objectives.
4. Build Your Network:
- Networking is crucial in the real estate industry.
- Connect with fellow agents, investors, and professionals in your niche to exchange ideas, seek advice, and explore collaboration opportunities.
- Leverage social media platforms, attend industry events, and join relevant associations to expand your network.
5. Launch and Promote Your Side Hustle:
- Once you’ve laid the groundwork, it’s time to launch your real estate side hustle.
- Create a professional online presence through a website or social media profiles, and actively promote your services to your target audience.
- Utilize various marketing channels to attract clients and grow your business.
- Continuously evaluate and adjust your strategies based on feedback and market dynamics to ensure the success of your real estate side hustle.
Conclusion
In conclusion, the world of real estate side hustles offers agents a multitude of opportunities to expand their income and expertise.
Whether it’s through remote notary services, property management, or house flipping, the possibilities are vast and varied.
By tapping into these side hustle ideas, agents can diversify their revenue streams, enhance their skills, and establish themselves as versatile professionals in the industry.
As the real estate market continues to evolve, embracing these innovative ventures can provide agents with financial stability, personal fulfilment, and long-term success.
So, whether you’re looking to supplement your income, explore new passions, or simply grow professionally, the realm of real estate side hustles awaits, ready to empower agents on their journey towards prosperity in 2024 and beyond.
READ MORE 👉 200+ Best Side Hustle Ideas Worth Exploring for Newbies
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