10mo
Startup cost: $100 - $5k
Setup costs for starting a real estate services side hustle can range from $100 to $5,000. At the lower end, this would cover basic expenses like setting up a professional website, creating business cards, and online advertising. On the higher end, if you want to invest in tools like customer relationship management (CRM) software, professional photography for property listings, and marketing services, you could be looking at the upper limit. Essential expenses at launch include website hosting, professional branding materials, and initial marketing campaigns. Optional but recommended expenses might include CRM software subscriptions and professional photography services. People often underestimate recurring expenses like website maintenance, advertising fees, and software subscriptions, which can add up over time. It's advisable for someone taking this side hustle seriously to budget around $500 to $1,000 per month for ongoing expenses like marketing and software subscriptions to stay competitive in the real estate market.
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