So, you are thinking about starting a realty agency?

Maybe you're already in the realty business, or you're just starting from the beginning as your boss. Maybe you know about real estate only through TV seriesfilms, or you're an expert in that business. Maybe it is only your job, or more than your job - your passion.

A lot of "maybe" for the beginning, but for sure you are interested in finding out where you have the best chance to make money and have a prosperous life as a professional real estate agent on your own.

A lot of questions are popping out.

Is it a profitable market at all? Does anyone buy houses today? Or sell them? Is there a job for someone new in that branch? How to start?

Let's talk about the real estate market and its situation today, maybe you'll get some of the answers to a lot of questions up there.

Is realty business "infected" by COVID-19?

I know what was your first thought - of course it is infected by this crazy virus, every market is fragile and has problems with making money and providing survival.

Well, I have to say that you are partially right. Some predictions were really bad, because of the big rate of unemployment and wage cuts. There was a belief that people won't invest their money in buying houses. And yes, that was true for the first period of the Corona pandemic, when everyone was in shock. In the end, the real estate market is infected by Corona, but...

Surprisingly, the real estate market has a really good period now. In fact, home sales have increased by over 20%, and probably this will be one of the best winters for the real estate market.

This uncertainty pushed people to think about their priorities and having their own safe place. Having a place where they can relax and live a peaceful life. Have certainty, at least in that way.

Thankfully to technology, the real estate business can continue on its own way. Buyers can see houses virtually, so even in a quarantine situation, there will not be limitations. We can say that technology is the center of the selling and buying cycle of real estate today.

Also, lower mortgage rates, maybe the lowest in history, help this market to stay alive and breathe.

We can conclude that the real estate market has a lot of reasons to be grateful at the end of 2020. year.

What countries are the most profitable for real estate business?

When you're thinking about starting a realty agency, you should look at which country attracts the most number of investors, 'cause they are very interested in making money and having a high return on investment. They will decide to invest very carefully and calculated.

Here are some factors that they include in decision making and maybe they'll help you too.

They make a research about prices and market value over some period. They will invest in a country where those rates are increasing.

Demand for rent, or selling, is an important factor. You should make sure that you know the population and its characteristics. The most valuable is population growth in a predictable trend which creates demand for house buying or selling.

The third thing to look at is the job market and employment, which should provide certainty. In that way, people would be more confident in investing in real estate.

These are just some factors to look at before deciding which country you'll position your agency.

Here are the top 5 countries for real estate business:

• New York

• Massachusetts

• Connecticut

• Alaska

• Colorado

Also, Indiana (with a population growth of 0.38% and job growth of 1.66%) is one of the top 10 countries on that list, so let's talk about creating an llc in Indiana.

Indiana and realty business

The most common structure for the real estate business is LLC - Limited Liability Company. This type is suitable because the owner doesn't have to involve personal liability in the business.

So, for the start, when you choose the type of business, make sure that you checked all regulations in Indiana. When you're confident that everything is managed in the proper way, it is time to give a name to your real estate agency. The next step is to select the registeredstatutary agent. This can be someone from LLC or a third party, but that person has to be from Indiana. At the end file articles of organization and create an operating agreement. The best thing is that most of these steps you can do online from the comfort of your home.

Good luck and don't forget that good marketing is half of the success!