Real estate is an evergreen market ideal for delivering a steady income stream. As always, new trends are creating new opportunities. As today’s workers move away from centralized corporate offices, more people are opting to rent co-workspaces and solo offices. In the home market, as more homeowners decide to rent all or part of their property, they’re relying on management companies for services like tenant screening and maintenance.

Between commercial and residential brokerage and management, US franchise based real estate companies are estimated to earn $235 billion in annual revenue.

Real estate franchises can be either semi-absentee or owner operated. In my experience, salon suite and office co-working businesses tend to be managed by semi-absentee business owners, while property management companies have a slight tendency to be owner operated.