If you're looking for a new business opportunity, real estate photography might just be the perfect fit for you. Not only is it a growing industry, but there are also many reasons why it's a great option for those looking to start a business with a low initial investment cost. In this post, we'll go over the top 10 reasons why real estate photography is such a great opportunity.
You don't need to be very creative Unlike other photography fields, real estate photography is more of a process than a creative art. This means that anyone, creative or not, can jump into the business and have an opportunity to succeed.
Low initial investment cost With as little as $1,000 on equipment, you can be ready to start shooting real estate. You don't need super expensive gear to produce great content for your clients. You can easily go on eBay and purchase a Canon 7DD body for $250, spend $150 on a quality wide-angle lens, $50 on a tripod, buy a few SD cards, and you're ready to get started.
Identifying potential customers is relatively easy There's a good chance that you may already know someone that is a real estate agent. Even if you don't, it's pretty easy to get a real estate agent to give you a shot. From our experience, real estate agents love to jump on a low-priced or free offer, so don't be shy to offer free shoots when you're just starting out to help build trust and a portfolio of potential customers.
There's always someone selling properties No matter where you live, there's a good chance that there's a property or piece of land that is going up for sale. Whether you live in a small town or a major city, there are always opportunities for you to sell real estate media services.
You don't only have to shoot homes When we're talking about real estate, we aren't only talking about houses. You can shoot land, apartment buildings, commercial buildings, single-family homes, vacation rentals, hotels, and pretty much any type of property that might be available for sale or rent.
It's a growing industry More than ever, real estate agents are relying on professional photographers and videographers to market themselves and their listings. As social media platforms and homebuying applications become more and more popular, agents will continue to look for someone to help them market their listings and help them stand out online.
People will always need to buy or sell homes Whether the economy is doing well or not, people will continue to buy and sell homes. Even during the economic downturn in 2008, there were still plenty of people purchasing homes.
It's a stable and repeat business model Once you find a customer that likes your work, they're likely to hire you over and over. The real estate industry provides opportunities for you to find clients that will want to use your services on a recurring basis.
Many niche products or services You don't necessarily have to provide every real estate media service. There are plenty of people out there that just specialize in real estate photography, videography, or aerial services.
A great option for additional income Real estate photography can be a great side hustle that you can offer to generate more revenue. If you're a photographer or videographer that mainly shoots portraits, weddings, or music videos on the weekends, you likely already have all the equipment that you need.
In conclusion, real estate photography is an excellent opportunity for anyone looking to enter the photography business. With low initial investment costs, a stable and repeat business model, and a growing industry, it's a great way to generate income and build a client base. With so many different types of properties to shoot, and a relatively easy process to learn, anyone can succeed in this field, whether you're a creative or not. So if you're looking for a new photography opportunity, consider getting into real estate photography and see where it can take you.