To start a real-estate business, save enough start-up capital, get a real-estate broker's license, create a website, choose an office location, hire agents, and advertise the business. You must have at least two years of real-estate sales experience in many states to sit for the broker's exam.Continue Reading
Place enough money in your savings account to cover expenses, such as purchasing insurance, creating a logo design, renting space and buying office supplies. Save enough money to cover operation expenses in the form of utilities and fees for the next three or four months.
Take a course approved by your state government to become a licensed real-estate broker.
Pick a suitable place to conduct business based on such factors as zoning restrictions, parking and visibility.
Create a website to attract business, and utilize the Multiple Listing Service to gain access to more potential clients.
Buy errors-and-omissions insurance to protect your business from litigation.
Create an independent contractor agreement that outlines a code of ethics and standards that the agents must abide by.
Recruit talent for your business. Train the agents in sales techniques, if necessary.
Use television, newspapers, real-estate publications and radio as marketing platforms. Hire a marketer who can help you advertise your business online.