Real estate is a prototypical free lance industry
Real estate ranks #1:
Industry #1. Real Estate
Currently Crashing. Real Estate companies need to change their approach and develop additional streams of income outside of strictly selling houses. Innovative freelancers can ghost-write information products for them, gain tons of traffic by participating in social media conversations regarding the crashing housing market and how home sellers and buyers can survive, etc.
What
are the further implications? Free lancing is essentially an
entrepreneurial opportunity to develop a portfolio of real time project
experience. It may translate into new business opportunities. If you
think about it, the real estate industry is built upon the free lancing
business model, starting with agents being paid on deal closings over
salaries. All new vendors have had to prove their business models first
in local markets because the local nature of the business doesn't
support national rollouts. Yes, the internet now facilitates Zillow and Active Rain type rollouts, but the business development paradigm still remain market by market (Redfin).
Once local adoption is proven, new business models can scale rapidly
online due to its inherent viral marketing effect. Conclusion - it's a
great time to start new businesses.
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