7 Businesses You Can Start Right Now, for Under $1000 by Elisabeth Miazello - HTML preview
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Returns
Let’s talk about the money. Real estate agents are willing to pay good money for quality videos because they know it helps them sell properties faster. You can charge anywhere from $50 to $150 per video, depending on the complexity and your experience.
Take Sam, for example. Before working full-time for me, Sam ran his own real estate video editing business and made $100,000 a year. The demand for his services was so high that he couldn’t keep up, which shows just how lucrative this business can be.
Low Cost: Start with What You Have
The beauty of this business is that you don’t need a lot of fancy equipment to get started. Here’s what you’ll need:
• Computer: You probably already have one.
• Video Editing Software: There are plenty of affordable options, like Adobe Premiere
Pro or even free software like DaVinci Resolve.
• Basic Camera: Optional, as many agents will provide the footage.
You can start with just your computer and editing software, making the initial investment incredibly low.
Leverage: Outsource and Grow
As your business grows, you can start outsourcing parts of the work. Hire other video editors to handle some of the editing, allowing you to take on more clients and focus on expanding your business.
Here’s how Sam did it:
1. Learning the Basics: Sam spent a few hours learning how to clip videos together. He didn’t need to become a Hollywood-level editor, just proficient enough to create appealing real estate videos.
2. Finding Clients: He reached out to real estate agents on Zillow and Redfin, offering to create sample videos for them. Once they saw the quality of his work, they were eager to hire him.
3. Scaling the Business: As demand grew, Sam hired additional editors to help with the workload. This allowed him to take on more clients and increase his earnings.
Sam’s story is a testament to how lucrative and scalable this business can be. By starting with minimal investment and leveraging his skills, he built a business that generated $100,000 a year. And when he moved on, his fiancée took over and continued to grow the business, proving its sustainability.
Actionable Steps to Start Your Own Real Estate Listing Video Editing Business
Ready to jump in? Here’s a step-by-step guide: 1. Learn Basic Video Editing: Spend a week learning how to edit videos using software like Adobe Premiere Pro or DaVinci Resolve. There are plenty of tutorials available online.
2. Create Sample Videos: Use stock footage or real estate listings you find online to create a portfolio of sample videos. This will help you showcase your skills to potential clients.
3. Reach Out to Real Estate Agents: Contact agents on Zillow, Redfin, and other real estate platforms. Offer to create a sample video for their listings to demonstrate your value.
4. Set Up Your Online Presence: Create a simple website and social media profiles to showcase your portfolio and attract clients. Use SEO and social media marketing to reach a wider audience.
5. Start Taking Clients: Once you land your first few clients, focus on delivering high-quality work and building a reputation. Encourage satisfied clients to leave reviews and refer you to others.
6. Scale Up: As your client base grows, consider hiring additional editors to handle the workload.
This will allow you to take on more clients and increase your earnings.
Starting a real estate listing video
editing business is a fantastic way to leverage your skills and make a
significant income with minimal
investment. With high demand and
the ability to scale, it’s a smart choice for aspiring entrepreneurs.
