Both offline and online, the real estate industry is flourishing. Most people are exploring online during their home buying process, especially in this era of technology and the internet of things.
With 5.34 million homes sold in 2019, you may be considering a career in real estate. However, becoming a real estate agent without a license or certification is not as simple as you may assume. So, what are your options?
There is, after all, a way.
Even if you don’t have any credentials, you can sell homes or rent them out through an affiliate network.
Real Estate Affiliate Programs
So, to kick off this overview of real estate affiliate programs, we’re going to start with Nolo, a legal advice/do-it-yourself legal document service for individuals and small businesses.
What do they have to do with affiliate marketing for real estate?
Because buying or selling a house will necessitate a tiny mountain of legal counsel and paperwork for your visitors.
Unless they go the FSBO (For Sale By Owner) route, in which case they simply cross their fingers and hope for the best.
Nolo is an example of how you can target a real estate audience with unique yet relevant offerings.
That goes for everyone going through the home-buying process or dealing with a foreclosure.
A group of people who will need to obtain legal advice and/or paperwork from somewhere.
You’re simply directing them on the right path while also earning affiliate commissions.
This affiliate program provides a 25% commission rate to begin with, so it may be more than pocket change for a real estate affiliate marketer.
If you can recommend more than US$2,000 in sales each month using your affiliate links, that percentage jumps to 35%.
That’s one of the industry’s highest commission rates.
Real Estate Express
Focusing on investments is the most obvious approach to pursue with real estate affiliate programs.
However, there are a lot of people who want or need to reskill right now.
The practical practice of matching buyers and sellers is only a small part of real estate affiliate marketing.
So why not introduce them to the concept of being a real estate agent or broker as a way to make a living?
Real Estate Express offers training classes for aspiring real estate brokers, which is precisely what they do.
They’re also not only newcomers to the industry.
Since 1996, Real Estate Express has been providing training to real estate professionals.
So far, almost 350,000 people have joined.
Real Estate Express walks each student through the three phases necessary to become a real estate agent, from pre-licensing through passing the real estate exam and assisting new agents in getting their careers off to a solid start.
So, how much can an average affiliate marketer earn from promoting Real Estate Express?
All sales recommended through your affiliate links earn you a flat 20% commission.
This works out to $35 per recommendation on average.
HOWEVER, the EPC and ‘Power Rank’ ratings for this program show that Real Estate Express affiliates are making several sales.
This, combined with a purported 17 percent conversion rate, suggests that you may make money here.
All Things Real Estate
When it comes to doing business, real estate brokers will require a large number of consumables.
Because if they fail to nail that curb appeal during an open house, things for them and the property owner might swiftly spiral downward.
So, where do they acquire all those real estate-related goods like t-shirts, business cards, fliers, directional signs, banners, balloons, and welcome signs?
All Things Real Estate comes into play at this point.
They’re similar to an internet company that sells the real estate version of wedding favors.
Rather than forcing your customers to shop at multiple stores, All Things Real Estate can provide them with anything they require, from promotional cups to zip ties to yard signs.
It’s also beneficial that they’re a unique service in this sector.
So, let’s start with the payout rate that this real estate affiliate program has to offer.
Every time you make a sale, you’ll get a 7% cut.
If you can send enough referrals their way, you can always renegotiate a better rate.
However, even with a lesser commission payout, real estate affiliates can still make a fine living.
A few yard signs, promotional cups, and other items, for example, can easily cost several hundred dollars.
Everybody has a fantasy home.
Even those who don’t think of themselves as “material.”
Mine is a huge farmhouse with an ocean/lake view on 5-acres of property, as well as an attic office with a south-facing floor-to-ceiling window.
Architectural Design is the type of organization that can help you realize your idea.
They’ve been doing it for almost 40 years.
They sell approximately 30,000 various home designs and layouts.
Their house plan gallery offers a complete collection of images of current constructions shared by existing customers, so you can see what some of these homes look like in real life.
You can also get an estimate for how much it would cost to build each type of home in your location.
Now we get to the fun part: figuring out how much you can earn.
In AutoCAD format, a typical layout for a 4-bedroom, 2-bathroom home costs roughly $2,500.
As a real estate affiliate, you might earn 5% of that or $125 for each referral.
As a result, you could earn a lot of money from real estate affiliate marketing.